Names, connections, 2+2
This page contains a mixture of property and other information, company formation, the down side of business, market bits & pieces, probably fairly cryptic and rushed.
The weekly Snapshots tend to contain formal information, while other stories on the website are generally structured. U will contain snippets, less often from formal sources, maybe unstructured and incomplete.
24 April 2003
Tardus Enterprises Ltd (Malcolm Bayly, also Jam Developments Ltd) went into liquidation as a solvent company on 16 April, appointing Bryan Williams (Bryan Williams & Associates) as liquidator. Creditors must file claims by Monday 12 May.
Inland Revenue applied on 24 February to wind up Walker Equipment NZ Ltd (Steven Rayne). The application will be heard in the Auckland High Court on Thursday 1 May at 10.45am. Mr Rayne is also a director of Jacob Crushing & Screening Ltd, Walker Equipment Hire Ltd, Recycling & Recovery Ltd, Fern Valley Ltd and BRSR Ltd, and a former director of Coastal Shipping Ltd and LT Walker Equipment Ltd.
Inland Revenue applied on 14 February to wind upThe Glade Trustees (Epsom) Ltd (Ronald Emshoff). The application will be heard in the Auckland High Court on Thursday 1 May at 10.45am. Mr Emshoff, a longtime residential property investor & developer, is also a director of Proprietas Enterprises Ltd and Gorton Properties Ltd, and a former director of Arcadia Investments No 5 Ltd, Victoria Bay Trustees Ltd and Barrona Development Trustees Ltd.
Inland Revenue applied on 24 February to wind up Amalgamated Securities Ltd (Suren Sharma). The application will be heard in the Auckland High Court on Thursday 1 May at 10.45am. Suren Sharma is also director of Sharma Properties Ltd, Sovereign Investment & Finance Ltd, Metropolis Investments Ltd, Mutual Trust Properties Ltd, Global Link Ventures Ltd, Carpark 80 Ltd (in liquidation), NZ Realties Investments Ltd, Parkview Projects Ltd, Australasian Investments Pty Ltd, Pannive Nominees Ltd, Supersizes Ltd, NZ Serviced Carparks Ltd, Metropolitan Trust Ltd, Watt Companies Ltd, Cannon Corp Ltd, NZ Body Corporate Ltd, Mathison Holdings Ltd, Suisse International Ltd, NZ Serviced Penthouses Ltd, Metropolis Car Parking Ltd (in receivership & liquidation), Leisure Lodge Marketing Ltd, Landtrust Investments Ltd, Beresford Apartments Ltd and Victoria Street Apartments Ltd, and a former director of Waiau Properties Ltd, NZ Serviced Accommodation/Apartments Ltd, Asian Accommodation Ltd, New York Deli & Gourmet Meats Ltd, Realties Ltd and Island Real Estate 2001 Ltd.
John Vague & Graeme McDonald (McDonald Vague) were appointed on 17 April as receivers of Chances Ltd (Philip Sentch, also director of Northern Investments Group Ltd, Challenging Holdings Ltd, Cyclops Holdings Ltd and Chances Management/Wairau Ltd. Former director Marcus Friedlander was bankrupted on 2 April (report, U column 13 April) after failing to win support for a debt compromise scheme.
Inland Revenue applied on 3 March to wind up Premium Blasting Ltd (Rocky Davis). The application will be heard in the Auckland High Court on Thursday 8 May at 10.45am.
AA Guides Ltd applied on 24 February to wind up The Cuisine Market Management Ltd (Andrew Seccombe). The application will be heard in the Auckland High Court on Thursday 8 May at 10.45am. Mr Seccombe is also director of Launch Direct Ltd. The Cuisine Market Management Ltd has a head lease on the 1349mÂ² retail area of the AGC building, a Symphony Group redevelopment of the old City Markets in the Viaduct Basin, which is 1 of the 2 buildings the promoters put in last year’s Paramount Property Trust float. Symphony Properties Ltd (Chris Minty, Robin Congreve) has guaranteed Cuisine Market Management’s lease obligations. The lease runs to October 2006 with a 6-year renewal right.
Timothy Fitzgerald applied on 1 April to wind up United Realty Ltd, The application will be heard in the Auckland High Court in June. The company of that name at that date changed its name on 23 April to B Nora Ltd (director Kevin Varney). Mr Varney established a new company called United Realty Ltd the same day.
Inland Revenue applied on 24 February to wind up Harts Lifecare Ltd (part of the collapsed Harts group of Queensland accountant Steven Hart, who is still listed as director). The application will be heard in the Auckland High Court on Thursday 8 May at 10.45am.
Crane Distribution (NZ) Ltd applied on 28 March to wind up AKE Ltd (Mark Angus). The application will be heard in the Wellington High Court on Monday 5 May at 10am. AKE was called Angus Kenson Electrical (2000) Ltd until 20 November 2002. Mr Angus is also director of Ventilation Solutions Ltd, Swingtime Ltd, On To It Trade Services Ltd, Angus Kenson Ltd, Useful Purposes (No 2) Ltd, Kernal Investments Ltd, MWA Holdings/Contracting Ltd, Heat-Vent Solutions Ltd (in receivership), WMG Investments Ltd, Environmental Electronics Ltd, On-To-It IP Ltd and Angus Kenson Contracting Ltd.
Laurie Chilcott & Peter Chatfield (Smith Chilcott Bertelsen Harry) were appointed on 17 April as receivers of Ace Marketing Ltd (Peter Belcher, also Ever Lasting Scene NZ Ltd, in liquidation, and formerly of High Flyer Charters Ltd and Creative Brand Products Ltd).
22 April 2003
Valentines Dominion Road Ltd (Jane Taylor & Keith Routledge) went into liquidation on 16 April, appointing Jeff Meltzer & Karen Mason (Meltzer Mason Heath) as liquidators. Creditors must file claims by Monday 19 May. Ms Taylor is also a director of Valentines Rotorua (2000) Ltd. Mr Routledge is also a director of Franchise Formats Ltd, Petone Holdings Ltd, The Big Easy Coffee Co Ltd and Sierra Franchise Systems Ltd, and a former director of Averill Holdings Ltd, Valentines Restaurant & Bar (NZ) Ltd, Restaurant Investments Ltd, Southern Holdings Ltd, in liquidation, and Valentines Main North Road Ltd. A related company, Petone Investments Ltd (Geoffrey MacRae & Marina Grace) went into liquidation on 31 March.
U column, 6 April 2003: Macrae of Valentines’ Petone Investments folds
Newmarket Investments Ltd (Anthony Morgan & James Douglas) went into liquidation as a solvent company on 17 April, appointing Laurie Chilcott & Peter Chatfield (Smith Chilcott Bertelsen Harry) as liquidators. Creditors must file claims by Monday 12 May. Mr Morgan is a former director of The NZ Guardian Trust Co Ltd and The National Property Trust Holdings Ltd and other trust companies, and Mr Douglas a current director of a similar batch.
21 April 2003
Thurston Mechanical Ltd, which went into liquidation on 9 April, had receivers appointed on 15 April under a debenture dated 15 December 1994. Receivers are Kerryn Downey & Bruce Gemmell (KPMG Auckland & Christchurch). Liquidators are David Crichton & Keiran Horne (Crichton Horne & Associates, Christchurch). Thurston Mechanical (directors Murray Thurston, also Thurston Consulting Ltd, & Peter Hawkins) traded as TML Air Conditioning.
Oakland Construction Ltd (Peter White) went into liquidation on 16 April, appointing John Vague & John Whittfield (McDonald Vague) as liquidators. Creditors must file claims by Friday 30 May. Mr White is also director of Tahara Developments Ltd, Jennian Homes East Auckland Ltd, Oakland Ceilings Ltd, Eaglen Ltd, Luke Developments Ltd and Bayview Road Ltd, which is in liquidation.