Archive | 2003

U: The names behind the action, week to 23 February 2003

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.

20 February 2003

Kathleen Ryan, the Ministry for the Environment’s Auckland regional manager for the past 10 years, leaves her job on 28 February as her job is split into 3 senior operator roles — local government, sustainable industry and possibly urban issues. Ms Ryan has been the sole Government official on Auckland’s Regional Growth Forum, as a member of the steering group (all other members, alternates & steering group members are from local & regional government), and from the sideline has frequently provided perceptive comments on the forum’s direction. Her parting gift was to suggest a challenge for the forum will be to deal with development which has been going into transport corridors & business zones and “is not really the growth that you want.” Some of this medium-density residential development would prevent more efficient use of these areas. Ms Ryan intends to work in facilitation, mediation & training, and on urban & resource management issues.

Lodge Properties Ltd (Brian Everett & Anne O’Sullivan) went into voluntary liquidation on 14 February, appointing Philip Welham (WWB Chartered Accountants Ltd) as liquidator. Mr Welham was appointed liquidator of their other company, Lodge Catering Services Ltd, in December.

Property developer David Ward (Beresford/Royal Oak Property Investments Ltd, Arthur St/Goldair/Shakra/Woodbine Investments Ltd, Ellerslie Residential Ltd, Golden Hill Holdings/Investments Ltd, Cabernet Group Ltd, Sunrise Properties Ltd, Zambesi Holdings Ltd, Real Estate Investment Newmarket Ltd, Plascrete Ltd, wound up last June, Enviroplas Collections Ltd, wound up in June & struck off in November) was adjudicated bankrupt on 13 February.

Guardall Alarms NZ Ltd (renamed DH Waldrom & Co Ltd in March 2001; director Gregory Keene) went into voluntary liquidation on 18 February, appointing Gregory Eden as liquidator. A separate company, Guardall NZ Ltd, headed by Richard Chisholm & Danny Chan (Orient Group Ltd and related companies), continues to operate.

Inland Revenue applied on 2 December to wind up Protection & Security Insurance Brokers Ltd (Margaret Watterson, also Estate Planning Services Nominees Ltd and Nexus Insurance Brokers Ltd, & Shirley Watson, formerly of Estate Planning Services and Onetangi Nominees Ltd, still of Capehorn Nominees Ltd with Gordon Watson of Fidelity Life Assurance Co Ltd, Progressive Brokers Corp Ltd, Fidelity Fund Management Ltd and Estate Planning Services). The application will be heard in the Auckland High Court on Thursday 6 March at 10am.

Inland Revenue applied on 27 November to wind up Door Care Ltd (Terry Blakeley, also Door Care 2000 Ltd, & Dennis Neagle). The application will be heard in the Auckland High Court on Thursday 6 March at 10am.

Paul Sargison & Gerry Rea (Gerry Rea Associates) have filed notice of the liquidation on 14 February of 6 companies directed by Tim Manning (Taradale Property Group Ltd & related companies) & Gary McNabb (several Quest accommodation companies, Allfields Property Group Ltd with Mr Manning, Yes Ltd and Watertours NZ Ltd, which were also with Mr Manning, and several other property companies). Creditors must file claims by Tuesday 18 March for Marama Leases/Resort Ltd, Whistler Queenstown Leases/Management Ltd and Greenstone Leases Ltd. Creditors of Greenstone Management Ltd have an extra day to file claims.

BCA Consultants Queensland Pty Ltd applied on 29 January to wind up Taradale Hamilton Ltd (Tim Manning of Taradale Property Group Ltd). The application will be heard in the Auckland High Court on Thursday 3 April at 10.45am.

Richard Agnew & Colin McCloy (PricewaterhouseCoopers) were appointed on 12 February as receivers of Wairau Stone NZ Ltd (Maurice Blackwell, also Verley Holdings Ltd, which went into liquidation on Inland Revenue’s application last year, Wairau Stone 2002 Ltd, NZ Riverstone Co Ltd, Cultured Stone Ltd, Heron Finance Ltd, Tolkum/Sampin/Tatalia/Dovana/Derig Holdings Ltd, and Maglery/Wesson Investments Ltd.

18 February 2003

Hemmingway’s Bar Ltd (Warren Turley, also Ibiza & Isobar Restaurants Ltd) came out of receivership on 5 February. Paul McCormick & Neil Donnell (Grant Thornton) were appointed to the job last August, a week after Ibiza & Isobar was wound up.

17 February 2003

O’Connor Construction Ltd, trading as Kingswood Homes (company in receivership; director Mark O’Connor, also O’Connor & O’Connor Ltd, in receivership, and Kingswood Panel Ltd) was wound up in the Wellington High Court on 10 February on Benchmark Building Supplies Ltd’s application. Steve Lawrence & Brendon Gibson (Ferrier Hodgson) were appointed liquidators.

The House Company (Bay of Plenty) Ltd (Peter Hobdell, also Chancellor Developments Ltd and Bays Waikato Ltd) was wound up in the Hamilton High Court on 10 February on Benchmark Building Supplies Ltd’s application. Steve Lawrence & Brendon Gibson (Ferrier Hodgson) were appointed liquidators.

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U: The names behind the action, week to 23 November 2003

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.

21 November 2003

Creditors of TE Group of Companies Ltd, wound up on 13 November, must file claims by Friday 19 December. Liquidators are John Whittfield & Steve Lawrence (McDonald Vague). When the application to wind the company up was lodged, Wu Chun Keung was listed as director. When it was wound up David Zhou was listed as director. Luo Jing Liang is also now listed as a director. He formed AND Ltd in January. Mr Zhou is also a director of M-Trans Asia Ltd, incorporated on 5 November. Christina Liang was a director all the TE companies, resigned but remains a shareholder.

Leasing Solutions Ltd applied on 24 October to wind up Te Arahia Charitable Trust, (incorporated in Kaikohe in 2000; trustees Erena Baker, Andrew Ahpene & Lorraine Wilson). The application will be heard in the Whangarei High Court on Monday 1 December at 10am. The trust was set up to promote environmental issues.

Capelia Designer Homes Ltd (James Fordyce, Howick) went into liquidation on 17 November, appointing Callum Macdonald (Buchanan Macdonald Ltd) as liquidator. Mr Fordyce is also a director of Affordable Property Renovations & Maintenance Ltd and formed Affordable Construction Ltd on 14 October.

Howick accountant Mervyn Cropp applied on 28 October to wind up Blue Gum Café Ltd, of which he is a director with Wendy Madgwick. The application will be heard in the Auckland High Court on Thursday 4 December at 10am.

Oceania Audio Ltd applied on 30 October to wind up Artist Traders Ltd (Jose Echave). The application will be heard in the Auckland High Court on Thursday 4 December at 10.45am. Mr Echave is also a director of First Light Ltd, Urban Air Ltd, Roar Promotions Ltd and Rawaka Productions Ltd.

Kahve restaurant on Tamaki Drive at St Heliers has been put up for sale by the receivers of the company’s owner, Sercem Holdings Ltd. Tenders close on Friday 28 November. The receivers are John Vague & John Whittfield (McDonald Vague). Directors are Serdar Icyer & Tui Johamson.

Jeff Meltzer & Lloyd Hayward (Meltzer Mason Heath) were appointed on 17 November as liquidators of Brown Chair Ltd (which changed its name from Coachcraft Group Ltd on 14 November; directors Alister Lawrence & Peter Crellin). Creditors must file claims by Thursday 18 December. Receivers Colin McCloy & John Waller (PricewaterhouseCoopers) put the business & assets on the market in September. The company made motorhomes & campervans and had a turnover of $3.5 million.

Inland Revenue applied on 30 September to wind up Goldair Investments Ltd (David Ward). The application will be heard in the Auckland High Court on Thursday 4 December at 10am. Mr Ward was bankrupted in February. Another of his companies, Beresford Property Investments Ltd, was struck off the Companies Register on 19 November. His other company not in liquidation is Remuera Residential Ltd.

Accelerated Consulting Ltd (Alister & Leah Gates) went into voluntary liquidation as a solvent, company no longer trading, on 18 November, appointing Jeff Meltzer & Karen Mason (Meltzer Mason Heath) as liquidators. Creditors must file claims by Thursday 18 December. Mr Gates is also a director of Accelerated Group Ltd, formed Saze Solutions Ltd in September and is a former director of Owlcentral Ltd, Owldocuments Ltd and Docdolittle Ltd. Leah Gates is also a director of Accelerated Group and shareholder of Saze Solutions, and both are shareholders of Initio Group Ltd.

John Vague & Graeme McDonald (McDonald Vague) resigned on 10 November as liquidators of the former Skellerup Group Ltd (renamed Cobalt SG Ltd in 1998), and were replaced by Curtis Mountfort (Mountfort & Associates).

Items below are from the Auckland High Court liquidations list on Thursday 18 November, before Master Hannah Sargisson.

A dispute between shareholders of Waiheke Island Airfields Ltd is drawing to a close, with sale of the company’s remaining landholding, the airfield, set to be settled with a company owned by Denis & Kevin Musson. The Mussons & Irene Dustin applied to wind the company up in October 2002. The application was adjourned to Thursday 29 January to allow for settlement.

Fletcher Steel Ltd’s application to wind up Joy Industries Ltd (Brian & Vivien Wignall) was adjourned to Thursday 18 December at 10am so a district court judgment could be considered. Mr Wignall is a director of Superstructureglobal Ltd and a former director of Coates NZ Ltd and Sims Pacific Metals Ltd. Viven Wignall is a former director of Superstructureglobal Ltd.

Wayne Wood Contractors Ltd’s application to wind up Sapphire Holdings Ltd (Stuart Brauninger) was struck out after settlement. Another of Mr Brauninger’s companies, Sapphire Holdings Ltd, is back in court on Thursday 4 December, also with expectation of settlement. Mr Brauninger is also a director of Nighthawk Promotions Ltd, S&R Trading Ltd (formerly Genesis Homes Manurewa Ltd), Tasman Pacific Residential Ltd, Sunset Finance Ltd, Five Star Homes Ltd and Waylen Financial Services Ltd, and a former director of Alpha Pacific Holdings Ltd.

An application by TelstraClear Ltd, The Internet Group Ltd, Telecom NZ Ltd, Vodafone NZ Ltd, Call Plus Ltd, Walker Wireless Ltd and Econet Wireless Ltd to wind up Zip Internet (NZ) Ltd (Kenn Rangi & Jim Potter) was adjourned to Thursday 18 December at 10am for settlement. Mr Rangi is also a director of Global Internet NZ/ Gateway/Gateway Fiji/Internet NZ/Internet Wellington Ltd, Powertel Ltd, Zip Technologies Ltd and eNet Technologies Ltd. Mr Potter is also a director of Jim Potter Contractors Ltd and Global Internet NZ/Wellington Ltd.

Enviroequip Pty Ltd’s application to wind up Enviroequip (NZ) Ltd (Brett Hellier & Ross Headifen) was adjourned to Thursday 18 December at 10am to allow discussions to continue. The adjournment was agreed on the plaintiff’s undertaking not to proceed with advertising. Mr Hellier is also a director of Envirorent Ltd, Mr Headifen of Enviroequip Sales & Rentals Ltd.

Accident Compensation Corp’s application to wind up Fixwell Engineers Ltd (Peter & Susan Vale) was adjourned to Thursday 18 December at 10am for the application to be advertised. The Vales are former directors of NZ Hazard Solutions Ltd.

Inland Revenue’s application to wind up MWM & Associates Ltd (Des Wilson) was adjourned to Thursday 18 December at 10am for settlement. Mr Wilson is also a director of Stagelight NZ Ltd.

Boss Project Management Ltd (Damian Little, Orewa) went into voluntary liquidation on 18 November, ahead of an Inland Revenue application to wind it up. Mr Little is also a director of Boss Construction Ltd, Focus Project Management Ltd, Omaha Beach Lifestyle Properties Ltd, Herons Way Project Ltd and Soyuz Investments Ltd.

The Westland District Council applied on 8 October to wind up FT Manufacturing (Westland) Ltd (Soren Kierkegaard & Wayne Byrne) was wound up on the Westland District Council’s application. Brian Lee & David Banks were appointed liquidators. Mr Kierkegaard is also a director of Fundamental Technology (NZ) Ltd, Manufacturing/Sealer/Coating/ Construction/Refractory/Industrial Evolutions (NZ) Ltd, FT-IT/(NZ)/Management Ltd and Fusion Management Ltd. Mr Byrne is a director of 6 of those companies.

Kiwi Income Property Trust’s application to wind up Vortec Energy Ltd (Michael Newland & Ted Manson), a tenant in its Vero Centre (ex-Royal SunAlliance Centre) building, was adjourned to Thursday 18 December at 10am. Kiwi’s application to wind up Phoenix Management Ltd (Robin Johannink0 over the same matter up will be heard on Thursday 4 December at 10am. Mr Johannink is also a director of Johannink Investments Ltd and PX2 Ltd. Among his recent former companies are Ilion Technology Corp Ltd, Vortec Energy Ltd, Pacific Lithium NZ Ltd, Virionyx Corp Ltd and Connexionz Ltd. Mr Manson heads Manson Developments Ltd.

Inland Revenue’s application to wind up Glamis Quality Care Ltd (Colin Bright & Derek Cutting) was adjourned to Thursday 18 December at 10.45am for settlement. Mr Cutting, a lawyer, is also a director of Baycare Retirement Ltd, Riversdale Properties Ltd and Auckland Real Estate Holdings Ltd.

Inland Revenue withdrew its application to wind up Charter Holdings No 2 Ltd (Adrian Padfield) after a nil assessment. Inland Revenue’s application to wind up Charter Holdings Ltd (Adrian & Annette Padfield) was adjourned to Thursday 18 December at 10.45am to allow transfers to be completed. Mr Padfield is also a director of NZ Trade Import/Export Corp Ltd, DCSM Property Services Ltd, Palmfield Developments Ltd, Aquacare Products Ltd and Blue Water Pools Ltd.

2000 Cleaning Enterprises Ltd (Isaac & Vaine Poumale) was wound up on Inland Revenue’s application. Grant Graham & Stephanie Jeffreys (Ferrier Hodgson) were appointed liquidators.

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U: The names behind the action, week to 15 June 2003

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.

15 June 2003

Akita Group Ltd (Mark Dixon & the late Brian Purdy) went into liquidation on 9 June, appointing Jeff Meltzer & Lloyd Hayward (Meltzer Mason Heath) as liquidators. Creditors must file claims by Wednesday 9 July. A creditors’ meeting will be held at the Institute of Chartered Accountants, 27-33 Ohinerau St, Remuera, on Tuesday 24 June at 11am. Mr Dixon is also a director of Akita Construction Ltd, Parity Management Ltd, Format Interiors, Kita Developments Ltd and Nexus Joinery Ltd.

Auckland Insulation Ltd applied on 3 June to wind up K Borg Construction Ltd (Ken Borg, Papakura, also Ken Borg Ltd). The application will be heard in the Auckland High Court on Thursday 14 August at 10.45am.

Marina Properties Ltd (Douglas & Chansee Heng Morton, Dannemora) went into liquidation on 12 June, appointing Ian McElwee (McElwee & Co Ltd) as liquidator. The Mortons are also directors of Morton Seko Ltd and Heng Morton Ltd.

Howick Engineering Ltd (Bruce & Alan Coubray) went into liquidation as a solvent company on 6 June, appointing Brian McPhail (Hart McPhail Ltd) as liquidator. Both Coubrays are also directors of Jones Door Co Ltd, Rollforming Services Ltd and Howick Ltd, Bruce Coubray is a director of Robotic Beamlines Ltd and Alan Coubray is a director of Seaflight (NZ) Ltd.

Inland Revenue applied on 1 May to wind up Real Estate Investment (Newmarket) Ltd, (David John Ward) as trustee of the DJW family trust. The IRD has also applied to wind up 4 other Ward companies – Abraham Property Investments Ltd (struck off the Companies Register in December), Shakra Investment Ltd, Zambesi Holdings Ltd and Arthur St Investments Ltd. All applications will be heard in the Auckland High Court on Thursday 26 June at 10am. Mr Ward was adjudicated bankrupt on 13 February. He was also a director of Beresford/Royal Oak Property Investments Ltd, Goldair/Woodbine Investments Ltd, Ellerslie Residential Ltd, Golden Hill Holdings/Investments Ltd, Cabernet Group Ltd, Sunrise Properties Ltd, Plascrete Ltd (wound up last June) and Enviroplas Collections Ltd (wound up last June & struck off in November).

Inland Revenue applied on 14 May to wind up Glow Holdings Ltd (Julie Stanaway, also Style Beds & Kitchens Ltd). The application will be heard in the Auckland High Court on Thursday 26 June at 10.45am.

Inland Revenue applied on 2 May to wind up Real Ltd (in receivership; director Donald Ross). The application will be heard in the Auckland High Court on Thursday 26 June at 10am. Mr Ross is also a director of Conifer Grove Ltd and Goldsmith Holdings Ltd.

John Whittfield & Steve Lawrence (McDonald Vague) were appointed receivers of Sugar Bar Ltd, trading as Cardiac (Leo Molloy) on 9 June. Cardiac bar is in the old South British Insurance ground-floor chamber on the corner of Shortland & High Sts. Mr Molloy established the Euro restaurant on Princes Wharf and is a director of The Fat Lady’s Arms Ltd, Euro-B Ltd, MMO Ltd, Danny Doolans Ltd, CJMR Holdings Ltd, Doolans Holding/Management Ltd and Kotuku Molloy Ltd. He’s no longer a director of Doolans Takapuna Ltd.

Liquidations list, Auckland High Court

Remaining items in the U column for today are from the Auckland High Court’s liquidations list on Thursday 12 June, a session which I normally attend but was unable to make this week. There is 1 item from earlier in the week below the liquidation application items.

Applications by Ross Brick & Pavers Ltd, Wickett’s Stores Ltd and BA Drainage Co (1990) Ltd to wind up Everworth Construction Ltd (Essam Elkhishin) were adjourned to Thursday 14 August.

Applications by Natural Roofing Products Ltd and Benchmark Building Supplies Ltd to wind up TE Construction Ltd (Wu Chun Keung, previous director Christina Liang) were adjourned to Friday 20 June. City Cleaning Service Ltd’s application to wind up TE Business Centre (Newmarket) Ltd (Wu Chun Keung) was adjourned to Thursday 20 June. Creditors approved a debt-compromise scheme for TE Construction on 16 May. Despite the difficulties of some TE (Top Elegant) companies, others are being formed. Christina Liang is a shareholder of 999 Capital Trust Ltd and shareholder & director of 999 Home Loan(NZ) Ltd, incorporated last October, and 999 Financial Services Ltd is about to be incorporated.

NZ Labour Hire Ltd’s application to wind up Lasike Coupe Building Contractors Ltd (Taani Lasike) was settled & struck out.

Paritai Developments Ltd (Damian Dallow) was wound up on the application of Safeway Scaffolding (NZ) Ltd, I of numerous trade creditors waiting to be paid from sale of 2 townhouses the company built at 3-5 Paritai Drive, Orakei. 1 of the units has been sold. Mr Dallow is also director of Dallow Group/Property Developments Ltd, D&M Developments Ltd, DMC & Co Developments Ltd (struck off the Companies Register on 11 June) and Monaco Developments Ltd.

Claxton Homes Ltd (Kerry Christian) was wound up on the application of Adam Hurdley (Mada Holdings Ltd). The Official Assignee was appointed liquidator. Mr Christian is also a director of Claxton/Bellingham/KVC Holdings Ltd, Bill & Ben’s NZ Ltd and Terra Firma Properties Ltd, Lifestyle Properties Franchising Group Ltd and Tasman Pacific Investments Ltd (the last 3 formed on 29 April, the last 2 with Stuart Jackson, who has had a series of company collapses), and formerly of Living Earth Gardens Ltd.

Alliance Construction Ltd’s application to wind up Westnorth Construction Ltd (Dale Wadham) was adjourned to Thursday 26 June. Benchmark Building Supplies Ltd’s application to wind Westnorth up has been adjourned to 10 July. Mr Wadham told the court at the Benchmark hearing he was awaiting the outcome of a case in the North Shore District Court – heard 3 months ago – and, if successful, would be able to pay all creditors. Mr Wadham is also a director of Westnorth Labour Hire Ltd, and was a director of Westnorth Holdings Ltd, struck off the Companies Register in 1994.

United Works Ltd’s application to wind up Clayburn Developments Ltd (Greg Emirali) was settled & struck out.

Inland Revenue’s application to wind up Planet Health Fitness Ltd (Albany; no directors on record) was adjourned to Friday 20 June. Settlement payments had been scheduled.

Inland Revenue’s application to wind up Affordable Commercial Rentals Ltd (John McDonald) was adjourned to Thursday 17 July.

Inland Revenue’s application to wind up Northcross Dental Care Ltd (Stephen Furlong, also Newmarket Accountants Ltd and KMWJ Trust Ltd, & Malcolm Ward, also Millennium Dental Services Ltd, Ascot/Bayside/St Heliers Bay Dental Care Ltd) was struck out after settlement.

Inland Revenue’s application to wind up Tamarind Engineering Ltd (struck off the Companies Register in June 2000; director Peter Edwards) was adjourned to Thursday 17 July.

Inland Revenue’s application to wind up McKay Security Ltd (Annie McKay) was adjourned to Thursday 17 July.

Inland Revenue’s application to wind up Business Systems Ltd (Emmanuel Ntreh) was adjourned to Thursday 17 July. Mr Ntreh is also a director of NZ Business Systems Ltd, Business Systems Finance/Leasing Ltd, Corporate Equipment Rentals NZ Ltd, Techno Lease NZ Ltd, Technolease International Ltd, Macplus Ltd, NZ Leasing Group Ltd, NZ Finance Trust Ltd and Devolution Ltd.

Trade Securities Ltd (Colin Elliott) was placed in liquidation on Inland Revenue’s application, with Ferrier Hodgson to conduct the liquidation. Mr Elliott is also a director of Highwell Investment Group Ltd, National Pacific Group/Bonds/East Coast/Securities Ltd, Rocklands Park Ltd, Waikato Campus Ltd and Signature Builders Ltd, and 2 companies incorporated on 11 June, National Pacific Construction/Investments Ltd.

Plumbing World Ltd’s application to wind up Marty Brooke Plumbing Ltd (Martin & Tracy Brooke) was struck out after no appearance by the parties. Mr Brooke formed a new company, SCI Plumbing & Drainage Ltd, last September with Robyn Case of SCI Ltd.

Inland Revenue’s application to wind up Hamill Refrigeration Ltd (William Hamill) was adjourned to Friday 20 June. Mr Hamill is also a director of Abbotly Technologies NZ Ltd, Polar King Ltd and Coolbuilt Ltd.

Inland Revenue’s application to wind up Coastal Landscaping Ltd (Grant Hopper) was settled & struck out.

Fire Safety Service Ltd’s application to wind up DM Ltd (formed last October; director Allan Winter) was settled & struck out. Mr Winter is also a director of Danske Mobler Ltd, Danske Mobler Waikato (2000) Ltd and Furnz Ltd.

Gerard Hulst, as liquidator of Ginian Coy Ltd (director Ian Ayson) had a long list of gst-related liquidation applications before the court on Thursday, and held over until Friday, outcome to be checked. Mr Ayson took over as director of scores of companies formed 6 years ago by Nigel Ashby, a property investor who was bankrupted from December 1986-89 and again on 2 May 2001. The 15 companies facing liquidation are Altona, Aquarius, Arrow, Beswick, Bolina, Burbank, Cascade, Cardrona, Catalina, Derwent, Gazelle, Gemini, Glanville, Glenvista and Granite Properties Ltd.

9 June 2003

Australasian Building Group Ltd (Christopher Guthrie) went into receivership on 27 May, appointing Grant Graham & Michael Stiassny (Ferrier Hodgson) as receivers. The company was formed last September. Mr Guthrie is also director of Australasian Building Corp/Building Holdings Ltd and is a former director of The House of Mortgages Ltd.

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U: The names behind the action, week to 14 December 2003

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.

9 December 2003

Project management company Carson Group has appointed a managing director to head each of its branches (but 2 in Victoria). In Auckland, Carson has 4 directors, 2 principals & a chief executive. Bruce Walker (left), an engineer & director since 1984, will step up to managing director. When he joined, the firm had 5 staff; now it has more than 100 operating from 7 offices in Australia & New Zealand.
Website: Carson Group

8 December 2003

2 more of Stuart & Jan Jackson’s companies, Bassett Properties Ltd and Combes Trustee Co Ltd, went into liquidation on 3 December, appointing Grant Graham & Stephanie Jeffreys (Ferrier Hodgson) as liquidators. 2 others, Lifestyle Investment Holdings Ltd and Fulham Holdings Ltd, were wound up in November, and the Jacksons were adjudicated bankrupt the same week.

Packard Holdings Ltd (Bryce Moffat) was wound up on 1 December. Peter & Catherine Jollands (Jollands Callander) were appointed liquidators. Creditors must file claims by Saturday 31 January. Mr Moffat, a director of accountancy firm Grant Thornton Whangarei Ltd, is also a director of Chances companies in Whangarei, Hamilton, Tauranga, Rotorua & Wellington, Chances (2003) Ltd, Town Centre Ltd, Cameron Street Properties Ltd and The Cue Bar Ltd, among others. Chances 2003 bought the Chances Ltd business from its receivers in April.

Volna International Ltd applied on 4 November to wind up Mad Dogs & Englishmen (NZ) Ltd (Stephen Ashby). The application will be heard in the Auckland High Court on Thursday 22 January at 10am. Mr Ashby is also a director of Eiger Associates Ltd, Magna Liquor Distributors (2001) Ltd & British Pubs (NZ) Ltd. His wife, Daphne Fourie, is director of Mad Dogs & Englishmen companies at Albert St, Epsom, Rothesay Bay, St Lukes & Wairau Park, One Italy (Epsom) Ltd, Café Belgique (NZ)/(St Lukes) Ltd and Abacus Productions Ltd. Oceans (Takapuna) Ltd was struck off the Companies Register in August after it, One Italy, Café Belgique (NZ) and Mad Dogs & Englishmen (Epsom) settled with Inland Revenue.

Oggi Advertising Ltd (Gordon Frykberg) applied on 5 November to wind up Ballyhoo Else Ltd (Mr Frykberg & Darryll Heaven). The application will be heard in the Auckland High Court on Thursday 5 February at 10am. The directors separately tried to wind up Ballyhoo Else last year.

DB Breweries Ltd applied on 31 October to wind up Jolly Farmer Ltd (which went into receivership on 30 September; directors Kevin, Reginald & Annette Newcombe). The application will be heard in the Auckland High Court on Thursday 18 December at 10.45am. 5 other Newcombe brewing & pub companies also went into receivership in September — Ark Brewery/Holdings Ltd, Civic Tavern Ltd, Kaizen Group Ltd and South Pacific Hotel Management Ltd. The Newcombes are also directors of Liquid Experience Ltd and RAK Holdings Ltd.

Inland Revenue applied on 5 November to wind up Group CDA Design Ltd (Brett Taylor). The application will be heard in the Auckland High Court on Thursday 18 December at 1045am. Future Products Group Ltd (formerly Supermarket Services Ltd) and Harrison Grierson Consultants Ltd discontinued their applications to wind the company up in October. Mr Taylor is also a director of Group CDA Ltd (in liquidation), CDA Architecture Ltd and Luxury Vacations NZ Ltd, and a former director of Designtec Holdings/Management Ltd.

Inland Revenue applied on 14 October to wind up Drain Shift Ltd (struck off the Companies Register in July; director Francis van Looy). The application will be heard in the Auckland High Court on Thursday 18 December at 10am. Mr van Looy is also a director of Abbotts Industrial Division Ltd, Pipevision Ltd and Workplace Safety Training Ltd.

Beekay Electrical Services & Products (1990) Ltd applied on 13 November to wind up Broadbeach Construction Ltd (Darryl Greig, Orewa). The application will be heard in the Auckland High Court on Thursday 18 December at 10.45am. Mr Greig is also director of Greig Construction & Developments Ltd (wound up in 2001) and Broadbeach Group Ltd.

Inland Revenue applied on 17 November to wind up JT Shack & Sons Ltd (Allan & Ray Shack, Pukekohe). The application will be heard in the Auckland High Court on Thursday 29 January at 10am. Beaver Shack Ltd (Allan, Ray & Ming Shack) went into voluntary liquidation in September. The Shacks’ other companies are Nelson/Vege/Reid/Mill Shack Ltd. Reid Shack Ltd is in liquidation.

Hinemoa Developments Ltd (which changed its name from Walker Contracting (NZ) Ltd on 14 November; director Neil Walker, Whitianga) went into voluntary liquidation on 28 November, appointing Robert Merlo (Merlo Burgess & Co Ltd) as liquidator. Creditors must file claims by Monday 5 January.

Apirana Appliances Ltd (called Taylor’s Appliances Ltd until 1994 and Appliance World Ltd until October; directors John Taylor & Neville Rowntree) went into voluntary liquidation on 29 November, appointing Geoff Hatten as liquidator. Creditors must file claims by Thursday 18 December. The directors formed Taylor & Rowntree Appliances Ltd in August and it took the Appliance World name in October. They also own st Heliers Bay Finance Ltd.

Ray Upton (trading as Total Property Services) applied on 28 November to wind up Cotterill Construction Ltd (Raymond Knight). The application will be heard on Thursday 22 January at 10.45am. Mr Knight is also a director of Knight Development Services Ltd, SalusHealth Ltd (in receivership & liquidation), Cheshire No 2 Ltd (formerly E-Health Ltd, which traded as Salus Executive Health) and Cheshire No 1 Ltd (originally Travellers Medical & Vaccination Centre Auckland Ltd) and a shareholder in Aribu Investments/Management Ltd, Fairway Ltd and Treble Investments Ltd (formed on 18 November).

Reflex Images Ltd (Neil Jubb & Keith Bainbridge) went into voluntary liquidation on 3 December, appointing John Price & Christopher Horton (Horton Price Ltd) as liquidators. Creditors must file claims by Friday 30 January. Mr Jubb and Mr Bainbridge are also directors of Colorite Auckland Ltd.

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U: The names behind the action, week to 14 September 2003

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.

14 September 2003

All items under today’s date are from the Auckland High Court liquidations list on Thursday 11 September, conducted by Master Graham Lang.

Master Lang set a timetable leading to a 1½-day hearing of Inland Revenue’s applications to wind up 5 of Metropolis developer Andrew Krukziener’s companies — 88 Cook Street Ltd, Krukziener Judges Bay Ltd, AK Oriental Ltd, Courthouse No 1 Ltd & Metropolis A Ltd. The applications to wind up 2 others, AK No 7 Ltd & Opportunity Ltd (formerly Krukziener Eden Crescent Ltd), were struck out because they’re already in voluntary liquidation. The hearing is set down for Tuesday 25 November at 2.15pm.

Sven Investments Ltd (Peter Wilson of MGI Wilson Eliott & lawyer Arthur Young)’s application to wind up Global Ecomex Ltd (Matthew Barker & Roland Ellis) was adjourned to Thursday 11 March 2004 for settlement to be completed. Mr Barker, founding director of electronic commodities exchange company Ecomex, is also a director of various other Ecomex companies, JBJ Consultancy Ltd, Wainui Equestrian Park Ltd, Think Kiwi Ltd and Advershade Ltd. Mr Ellis, a former director of Crown Worldwide NZ Ltd and Scotpac International NZ Ltd, is also a director of Premium Securities Ltd, Instant Finance NZ Ltd, Northview Group/Securities Ltd, Pauanui Property Trustees Ltd, Rae Properties Ltd, Jackell Holdings Ltd, Nugget Point Resort Ltd, Astute Holdings Ltd and NZ Geographic Ltd.

Base Control Ltd’s application to wind up Modern Home Developments Ltd (Zhang Wei Wei) was dismissed.

Calan Healthcare Properties Ltd’s application to wind up Ordeal Enterprises Ltd (Richard Ord & Colleen Fenton) was settled & struck out. Mr Ord, a former Calan director, currently named as a director of Airbag International Ltd, which was placed in liquidation in 1998, was discharged from bankruptcy on 14 May. Colleen Fenton was bankrupt from 1992-95.

Ball Eden Co Ltd & Perfection Accommodation (NZ) Ltd (Vincho Vincent Cheung & Daniel Chang Fa Kao) were wound up on Metro Water Ltd’s application. The Official Assignee was appointed liquidator of both. Mr Cheung and Mr Kao are also directors of Perfection Studies (NZ) Ltd and Sunmax Perfection Enterprises (2003)/International Group (2003)/Securities (2003) Ltd. Mr Kao is also a director of Perfection Studies (NZ) and Sunmax Perfection Enterprises/Securities/International Group/International Cultural Exchange Ltd.

Accident Compensation Corp’s application to wind up Davis Contracting Ltd (Mervyn Doidge, Red Hills, Papakura) was adjourned to Thursday 16 October at 10am for settlement. Mr Doidge is also director of DCL Contracting Ltd.

Inland Revenue’s application to wind up Brenton Fishing & Engineering Ltd (Peter & Margaret Brenton) was adjourned to Thursday 16 October at 10am to allow a proposal to be discussed.

Maggie’s Cleaning Services Ltd (Margaret Singh, Epsom) was wound up on Inland Revenue’s application. Richard Agnew & Vivian Fatupaito (PWC) were appointed liquidators.

S&C Concrete Services Ltd (Steven van der Drift & Coral Skipper) was wound up on Inland Revenue’s application. Richard Agnew & Vivian Fatupaito (PWC) were appointed liquidators. Mr van der Drift is also a director of Just Prawns Ltd.

Inland Revenue’s application to wind up Glaslyn Holdings Ltd (William & Kay Knight, Browns Bay, are shown on Companies Office records as directors, though Mr Knight said in court he’d resigned because of his bankruptcy) was adjourned to Thursday 16 October at 10am for negotiations. Mr Knight, a plumber & contractor, was bankrupt from 1989-92 and bankrupted again in February 2001.

Everworth Construction Ltd (Essam Elkhishin) was wound up on the application of Wickett’s Stores Ltd (trading as Cavendish Carpets). Stephanie Jeffreys & Brendon Gibson (Ferrier Hodgson) were appointed liquidators. 2 other companies seeking Everworth’s gave up the fight a month ago although they didn’t get paid. Mr Elkhishin is also a director of Takiron Property Developments/Holdings/Intelligent Flooring Systems/Subdivision Ltd, Sails Café & Bar Ltd, Arlow Holdings Ltd, Pacific Ridge Lifestyle Resort Ltd (in liquidation), Sky Properties Ltd, SCI Holdings/Educational Services/Property Development & Construction Ltd and Islamic Funding House of NZ Ltd, and is a former director of Golden Resorts International Ltd (also in receivership) and Primelife Ltd.

Auckland Insulation Services Ltd’s application to wind up K Borg Construction Ltd (Ken Borg, Papakura) was adjourned to Thursday 16 October at 10.45am to allow a Disputes Tribunal claim to be heard on 27 September. The $6000 claim is based on late delivery of doors, and delivery in the incorrect form. Mr Borg is also director of Ken Borg Ltd.

Hirequip Ltd’s application to wind up CTS Turner & Associates Ltd (William Klaus & Leigh Mitchinson) was adjourned to Thursday 16 October at 10.45am. Mr Klaus is also a director of Aggregate & Material Services (NZ) Ltd and Abcat Charters Ltd.

Panahome NZ Ltd’s application to wind up Taisei Trading Co Ltd (Hiroshi Kasuya) was adjourned to Thursday 16 October at 10.45am for settlement discussions. Mr Kasuya is also a director of New Rise Trading Ltd.

Kwan Lee Investments Ltd (which changed its name from Takapuna Rentals (2000) Ltd on 31 May; director Gary Ashley) was wound up on Turners Auctions Ltd’s application. The Official Assignee was appointed liquidator. Mr Ashley is also a director of Airport Car Rentals Ltd (in liquidation), Park Up & Sell Ltd, Tourist Times (Auckland) Ltd, Tourist Times.com Ltd and Ryall Investments Ltd (incorporated in July), and a former director of Market Write Communications Ltd, Handy Super Hire/Hire/Rentals Ltd and Oriel Investments Ltd.

Inland Revenue’s application to wind up Transport Machinery & Plant Maintenance Ltd (Colin Lee & Michael McDonald) was adjourned to Thursday 16 October at 10.45am for settlement. Mr Lee & Mr McDonald are also directors of Hunua Properties Ltd.

City Suburban Movers Ltd (David Sceats) was wound up on Inland Revenue’s application. Richard Agnew & Vivian Fatupaito (PWC) were appointed liquidators. Mr Sceats is also director of City Suburban Movers 2002 Ltd.

Trade magazine publisher Diary Promotions Ltd (Jonathan Masters & Clifford Seon) had Inland Revenue’s application to wind it up adjourned to Thursday 16 October at 10.45am for settlement.

13 September 2003

Oyster Cove Ltd & Oyster Cove Park Ltd (Linda Yee) went into voluntary liquidation as solvent companies on 10 September, appointing Neil Donnell & Paul McCormick (Grant Thornton) as liquidators. Creditors must file claims by Friday 10 October.

Calan Group Services Ltd (Brian Freestone & Martin Lyttelton) appointed Jeff Meltzer & Karen Mason (Meltzer Mason Heath) as liquidators of Port Quarry Ltd, a solvent subsidiary, Australian Healthcapital Management Ltd & Wyndham Corporate Services Ltd on 9 September. Creditors must file claims by Friday 10 October.

2B Leasing Ltd (William Harwood, Makurau) went into voluntary liquidation on 2 September, appointing Wood Wah Paul Kung as liquidator. Creditors must file claims by Friday 3 October. Mr Harwood is also a director of The Function Co (1999) Ltd.

The Bank of New Zealand applied on 18 August to wind up Nationwide Toy Retailers Ltd (in receivership; directors John Wallace & John Doyle). The application will be heard in the Auckland High Court on Thursday 16 October at 10.45am. Mr Wallace is also a director of Toyworld Invercargill Ltd and a former director of Décor Joinery Ltd. Mr Doyle is also a director of Kapiti Toys Ltd.

Terence Michael Smith was adjudicated bankrupt in the Auckland High Court on 10 September as another of his companies faces liquidation. Leasing Solutions Ltd (an Elders Finance company) applied on 15 August to wind up Northcote Fruit Centre Ltd (trading as Growers Vege Market). The application will be heard in the Auckland High Court on Thursday 23 October at 10am. The company was incorporated in June 2001, struck off the Companies Register on 13 August. Mr Smith is also director of Durham Property Holdings Ltd (Wellington property), Morrin Investments Ltd (Auckland), Wharf Road Holdings Ltd (Auckland), Merriefield Investments Ltd (Auckland), Nelson Street Invstments Ltd and Investments Syndicates Inc NZ Ltd. Investments Syndicates was wound up in June 2001 and all have had receivers during the past 2 years.

Keruse & Gairdner Ltd (Ross Ravenhall & David Legge) went into voluntary liquidation on 5 September, appointing John Vague & John Whittfield (McDonald Vague) as liquidators. Creditors must file claims by Friday 10 October. Mr Ravenhall, of Kaukapakapa, is also a director of K&G Furniture Ltd and Kergar Holdings Ltd, both formed in July, and a former director of Concept Fabrication Ltd, placed in liquidation in July 2002.

The directors of Craftmaster Kitchens (1993) Ltd (Peter & Suzanne Thurlow) will put a debt compromise proposal to creditors on Monday 15 September at 11am at the Institute of Chartered Accountants’ Wellington branch. The proposal, under section XV of the Companies Act, is being handled by John Vague (McDonald Vague). Mr Thurlow, of Upper Hutt, formed a new company in January, SP Kitchen Consultants Ltd.

Evergreen Forests Ltd applied on 24 July to wind up Pallet & Drum Recycling Co Ltd (Noel Allen & Gareth Popham). The application will be heard in the Auckland High Court on Thursday 18 September. Mr Allen is also a director of NZ Thoroughbred Sales & Marketing Ltd, Patricks Bay Developments Ltd, Fu Partnership Ltd, Soul Shock Entertainment Ltd, Motion Holdings/Partnership Ltd & Gad Holdings Ltd. Mr Popham is also a director of NZ Thoroughbred Sales & Marketing, Gad, Fu Partnership and Surveillance Agency Ltd.

NF Investments Ltd (Newbegin & Fenton Ltd until May 2002; director Ollie Newbegin) went into voluntary liquidation on 9 September, appointing Robert Knox as liquidator. Creditors must file claims by Wednesday 8 October. Mr Newbegin, long involved in the travel industry, is nowadays a director of Quay Park Holdings Ltd, Harbour View Buildings Ltd, Grasmere Lodge/Station Ltd, UTS Investments Ltd (formerly United Travel Services Ltd), Russell & Somers Travel Ltd and Comprehensive Travel Insurance Ltd.

Tim Manning (Taradale Property Group Ltd) put 4 more companies into voluntary liquidation, as solvent companies, on 8 September — Sigatoka Investments No 11, 12, 14 & 16 Ltd. No 11 was previously Taradale Developments Ltd, No 12 was Sacramento Ltd, No 14 was Vista Rosa Ltd, No 16 was Sacramento Stage II Ltd. Also placed in liquidation this month were Sigatoka No 5 (previously Taradale Ponsonby Gardens Ltd) & Sigatoka No 9 (previously The Grange Ltd). Neil Donnell (Grant Thornton) was appointed liquidator of all of them.

Streetsmart Group Ltd (Ann Loudon) applied on 18 August to wind up Spectrum Contractors Ltd (Brian & Jenny Lofroth, Manurewa). The application will be heard in the Auckland High Court on Thursday 16 October at 10.45am. The Lofroths are also directors of Lofroth Builders Ltd.

SEB Contractors Ltd (which changed its name from Brady Engineering Services Ltd in June 2002; director Jacqueline Brady) went into voluntary liquidation on 8 September, appointing John Gilbert (C&C Strategic Ltd) as liquidator. Creditors must file claims by Wednesday 8 October. Ms Brady & Mr Gilbert are also directors of SEB Ltd (formerly BES Ltd) and SEB International Ltd (formerly Dynamite Investments Ltd & BES International Ltd), and Ms Brady is also a director of Nationwide Building Systems Ltd and Scenic Management Ltd. Steven Brady is a former director of SEB Contractors, Nationwide Building Systems and Scenic Management.

Cashflow Retail Systems Ltd applied on 19 August to wind up Restus Ltd (Keith & Robina Needham). The application will be heard in the Auckland High Court on Thursday 23 October at 10am. The Needhams are also directors of Restus Holdings Ltd, Namitech Ltd and Axitech Ltd.

Manufacturers Agencies NZ Ltd (Peter Lawry Turner & John Boswell), facing a court-ordered liquidation on the application of Lladro Australia Pty Ltd, went into voluntary liquidation on 3 September, appointing Jeff Meltzer & Karen Mason (Meltzer Mason Heath) as liquidators. Creditors must file claims by Thursday 9 October. Mr Turner is also a director of Turners Produce Markets Ltd, Fresh Direct Ltd, and formerly of Turners & Growers Ltd. Mr Boswell, also a former Turners & Growers and Hammer Auctions Ltd director, is now a director of Auctions Direct Ltd and several other companies.

Euroglass Systems Ltd applied on 29 July to wind up Heartland Homes (Auckland) Ltd (Stephen King). The application will be heard in the Auckland High Court on Thursday 16 October at 10am. Mr King is also a director of Techstyle Developments Ltd and Stonecroft Group Holdings Ltd, and is a former director of Build-It-Rite Ltd.

Independent Frames & Trusses Ltd applied on 21 July to wind up Botany Building Supplies Ltd (Aafo Faaofo). The application will be heard in the Auckland High Court on Thursday 18 September at 10am. Mr Faaofo is also director/shareholder of SGT Enterprises Ltd, incorporated on 11 September.

Spyker Investments Ltd (Clayton Allsop) went into voluntary liquidation on 5 September, appointing Bryan Williams (Bryan Williams & Associates) as liquidator. Creditors must file claims by Tuesday 30 September. Mr Allsop is also director of Eco Trade Park (Cambridge)/(Taupo) Ltd.

Blake Street Apartments Ltd (Gary Groves) went into voluntary liquidation on 3 September, appointing Greg Rathbun & Bruce Sheppard as liquidators. Mr Groves is also director of Sanctuary Developments/(2000)/(Portobello Terraces)Ltd, Blake Central Ltd and HS Marketing Ltd.

Receivers Colin McCloy & John Waller (PricewaterhouseCoopers) have put the business & assets of Coachcraft Group Ltd (Henderson; directors Alister Lawrence & Peter Crellin) on the market. Coachcraft makes motorhomes & campervans and has a turnover of $3.5 million.

9 September 2003

Layne Harwood, head of Barfoot & Thompson Commercial real estate agency, was appointed on 1 September as receiver of certain assets & income of 3 of Glenn Wyman’s companies – Lambie Properties Ltd, Lambie Properties No 5 Ltd and Togem Properties Ltd. Mr Wyman, of Lower Hutt, is also director of several other property companies, including Wyman Properties Ltd, Baycrest Properties Ltd, Jiff Properties Ltd (in receivership) and 2 more in the Lambie series, Nos 6 & 7.Lambie Properties No 4 Ltd was struck off the Companies Register on 16 July.

Eaglehurst Holdings Ltd (Brian Gubb & Gordon Hardy) went into voluntary liquidation as a solvent company on 4 September, appointing Rowan Chapman (Gosling Chapman) as liquidator. Creditors must file claims by Friday 3 October. Mr Gubb, a lawyer, and Mr Hardy are also directors of EC Rd Investments Ltd, Gubb & Hardy Ltd, Urban Developments Ltd and Point Ridge Management Ltd.

Shuen Wha (Paul) Seo applied on 25 July to wind up a company of which he’s listed as the director, Hornbill Ltd. Hornbill was struck off the Companies Register in March 2002. The application will be heard in the Auckland High Court on Thursday 18 September at 10.45am. Mr Seo is also a director of Lawoffice Solutions Ltd, Tandem Developments Ltd and Macpherson Design Ltd, and a former director of Easel Ltd.

Continue Reading

U: The names behind the action, week to 2 March 2003

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.

2 March 2003

Derek Farrelly was appointed liquidator on 20 & 25 February of 4 companies formed in mid-2001 by Gary Hyndman & Charlie Ratcliffe — Haultech Services Ltd, National Traffic Management Ltd, Nationwide Traffic Management Ltd and Siterite Ltd. They’re also directors of Northland Traffic Management Ltd, formed at the same time as the other 4, and Infotech Management Corp Ltd, formed at the end of 2001. Mr Hyndman is director of a company about to be formed, Advanced Traffic Management Ltd, and is a former director of Global Cable & Duct 2000 Ltd, wound up last November on Inland Revenue’s application.

UDC Finance Ltd applied on 12 December to wind up On Call Finance Ltd (Paul Surman, also Namrus Enterprises Ltd, 15 Dri Ltd, which is liquidation, Freecall Ltd, Freecom Ltd, Freecom Holdings Ltd, Freedom Plus/Prepay 2000/2K Ltd, Unifone Ltd and Vision 2K Ltd). The application will be heard in the Auckland High Court on Thursday 13 March at 10am.

AAA House Check Ltd (Andrew McIntyre, also AAA Home Check Ltd) went into voluntary liquidation on 14 February, appointing Kevin Wilson & Tony Keogh (HWI Ltd – Hislop Wilson Iles) as liquidators. Creditors must file claims by Monday 31 March.

Guy Developments Ltd (Tim & Robert Guy, also Ramleigh Holdings Ltd) went into voluntary liquidation on 25 February, appointing Ian Waters (Hewitt Scaletti Waters) as liquidator. Creditors must file claims by Monday 31 March.

Safeway Scaffolding NZ Ltd applied on 10 February to wind up Paritai Developments Ltd (Damian Dallow, also Dallow Group/Property Developments Ltd, D&M Developments Ltd, DMC & Co Developments Ltd and Monaco Developments Ltd). The application will be heard in the Auckland High Court on Thursday 10 April at 10.45am. I featured Mr Dallow’s redevelopment of 3 Paritai Drive in a Metro article in February, when the 2 townhouses remained unsold, with asking prices totalling about $7 million.

Han Ruopeng (The Pacific Infotech Ltd) applied on 7 February to wind up First Entertainment Ltd (Dong Quanjun, also Northern China NZ Students Service Ltd and No 1 Chinese BBQ Group Ltd, & Wu Linhong). The application will be heard in the Auckland High Court on Thursday 10 April at 10.45am.

Meetings of creditors of Lakeland Wealth Creators Ltd and Wespap Ltd will be held in Rotorua at the Prince’s Gate Hotel & Apartments, 1057 Arawa St, on Friday 7 March. The Lakeland meeting is at 11.30am and the Wespap meeting at 1.30pm. (Last story: 3rd prime bank scheme company faces liquidation

27 February 2003

Inland Revenue applied on 20 December to wind up Custodian 1000 Ltd (David Henderson of Kitchener Group). The application will be heard in the Auckland High Court on Thursday 13 March at 10.45am.

4 Castlerock Group companies changed liquidator on 24 February, from Brett Hoddle to Grant Graham & Brendon Gibson (Ferrier Hodgson). Castlerock Marua Ltd, Eastpark Management NZ Ltd and Ellerslie Properties Ltd went into liquidation on 3 October 2002. Augustus Housing Ltd went into liquidation on 30 October.

Bayview Road Ltd (Mark McLaughlin, also Moondam Holdings Ltd and Hart Road No 1 Ltd, & Ken Lim Bok Kia, also Propvest Development Ltd and 7117 Investments Ltd) went into voluntary liquidation on 10 February, appointing Greg Rathbun & Bruce Sheppard as liquidators.

Chung Tai Investments Ltd (formed last June; directors Chen Hsiao Ying & Chen Hsien Chung) went into voluntary liquidation on 26 February, appointing Jeff Meltzer & Karen Mason (Meltzer Mason Heath) as liquidators. Creditors must file claims by Wednesday 26 March.

Danbury Developments Ltd and View Road Properties Ltd (Carol Leon Khan, also Radiata Lane Developments Ltd and Doncaster Construction Ltd, both in liquidation, Baldrock Dairy/Holdings Ltd, Khan Investments Ltd and Punganui Trust Ltd) went into liquidation on 16 February, appointing Clive Johnson as liquidator.

Allied Work Force Ltd applied on 23 December to wind up OK.B Ltd (Blythe Jones-Philp). The application will be heard in the Auckland High Court on Thursday 13 March at 10.45am.

Inland Revenue applied on 19 December to wind up Salter Holdings Ltd (Brent Salter, also BP Decorators Ltd, & Paul Salter). The application will be heard in the Auckland High Court on Thursday 13 March at 10.45am.

Inland Revenue applied on 18 December to wind up Concourse Engineering Ltd (Robert Arthur Fickling, also Inztec Corp Ltd and formerly Auto Lab Enterprises Ltd, & Ronald Kendall, also Kenton Automotive Ltd). The application will be heard in the Auckland High Court on Thursday 13 March at 10am.

Inland Revenue applied on 16 January to wind up Amelia Enterprises Ltd and LA 1998 Ltd (Gavin Harris). The application will be heard in the Auckland High Court on Thursday 13 March at 10am. Mr Harris got adjournments on 13 February for IRD applications to wind up 3 other companies, Knightsbridge Construction Ltd, Victo Ltd and Summit Vista Holdings Ltd, until 10 April. Mr Harris is also director of Astonbury Grove Ltd, Riversdale Properties Ltd, Wolesley Glade Ltd, Picadilly Corporate Ltd and Glamis Quality Care Ltd, and former director of Twilight Properties Ltd.

NZ Labour Hire Ltd applied on 21 January to wind up Lasike Coupe Building Contractors Ltd (Taani Lasike). The application will be heard in the Auckland High Court on Thursday 27 March at 10.45am.

W Stevenson & Sons Ltd applied on 12 December to wind up Proctor Concrete Ltd (Jacob Proctor). The application will be heard in the Auckland High Court on Thursday 27 March at 10am.

27 February 2003

Rodney District Council’s group manager of finance, economy & democracy services for the past 2 years, Vijaya Vaidyanath, takes over this weekend as chief executive to replace Wayne Donnelly, who’s been appointed to head Transfund. Ms Vaidyanath has been acting chief executive since Mr Donnelly’s departure was announced.

Cabra Manufacturing Ltd (Michael Padfield, also Cabra Interiors Ltd and NZ Trade Import/Export Corp Ltd) was wound up in the Auckland High Court today on Ultradesk Ltd’s application. Dennis Parsons & Catherine Kenneally (Indepth Forensic Ltd) were appointed liquidators. Greenpark Products Ltd’s application to wind up Cabra was due to be heard in court on 6 March.

Western Joinery Ltd (James Purvis, also Western Joinery 2001 Ltd and Specialty Timbers NZ Ltd) settled its debt to the Accident Compensation Corp and the application to wind the company up was struck out in the Auckland High Court today.

24 February 2003

Taieri Support Systems Ltd (Stewart Ferguson, also SMP Properties Ltd and Sands Developments Ltd) went into liquidation on 19 February, appointing Jeff Meltzer & Karen Mason (Meltzer Mason Heath) as liquidators. Creditors must file claims by Wednesday 19 March.

Inland Revenue applied on 17 January to wind up Covich Contractors Ltd (Randolph Covich, also Reg Properties Ltd and FRENZ Ltd, & Evarn Covich). The application will be heard in the Auckland High Court on Thursday 13 March at 10am.

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U: The names behind the action, week to 7 December 2003

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.

4 December 2003

Items below under today’s date are from the liquidations list of the Auckland High Court, conducted by Master John Faire.

Wayne Wood Contractors Ltd’s application to wind up Sapphire Homes Ltd (Stuart Brauninger) was adjourned to Monday 22 December at 10am for settlement. Another of Mr Brauninger’s companies, Sapphire Holdings Ltd, settled an application to wind it up in November. Mr Brauninger is also a director of Nighthawk Promotions Ltd, S&R Trading Ltd (formerly Genesis Homes Manurewa Ltd), Tasman Pacific Residential Ltd, Sunset Finance Ltd, Five Star Homes Ltd and Waylen Financial Services Ltd, and a former director of Alpha Pacific Holdings Ltd.

Redeal Ltd’s application to wind up Dimension Group of Companies Ltd (John Ede) was adjourned to Thursday 5 February 2004 for completion of settlement. Dimension has sought the help of accountant Grant Reynolds in putting together a debt compromise or further negotiating with creditors. Mr Ede is also a director of Ambrico Group Ltd, Dimension Furniture/Kitchens Ltd, all in liquidation, Dimension Finance Ltd, St Clair Park/Management Ltd, Ede Investments/Bloodstock Ltd, Interlink Commercial Interiors (Auckland) Ltd, Neilson 249 Ltd, 435 Khyber Ltd, 182 McLeod Ltd, Seleni Group Ltd and Edmonton Group Ltd.

Affordable Vehicle Leasing Ltd (John McDonald) settled with Budget Rent A Car Ltd and the application to wind Affordable up was struck out.

Law firm Minter Ellison Rudd Watts’ application to wind up Whangapoua Properties Ltd (Rochelle Longworth) was struck out and DJ Scott Associates Ltd substituted as creditor. The new application will be heard in the Auckland High Court on Thursday 5 February at 10am. Ms Longworth is a director of several companies, including Wainuiototo Bay Property Co Ltd & Pungapunga Developments Ltd.

Phoenix Management Ltd (Robin Johannink) went into voluntary liquidation on Tuesday, appointing Derek Farrelly as liquidator and heading off Kiwi Income Property Trust’s application to wind it up in court. Phoenix was a tenant in Kiwi’s Vero Centre (ex-Royal SunAlliance Centre). Mr Johannink is also a director of Johannink Investments Ltd and PX2 Ltd. Among his recent former companies are Ilion Technology Corp Ltd, Vortec Energy Ltd, Pacific Lithium NZ Ltd, Virionyx Corp Ltd and Connexionz Ltd.

Plant & Machinery Sales Ltd (Marc Baldwin) had RB & CC Ranger Transport Ltd’s application to wind it up adjourned to Thursday 5 February at 10am for settlement.

Cropp applied on 28 October to wind up Blue Gum Café Ltd (Howick accountant Mervyn Cropp & Wendy Madgwick) was wound up on Mr Cropp’s application. Kevin Pitfield & Gareth Hoole (Staples Rodway Ltd) were appointed liquidators.

Inland Revenue’s application to wind up KJ Cummings Ltd (struck off the Companies Register in 1998; director John Russell) was adjourned once more to check progress on an appeal, this time to Thursday 26 February.

Inland Revenue’s application to wind up Avonlea Home for the Elderly Ltd (Briar Carroll) was adjourned to Thursday 5 February at 10am for the IRD to consider a settlement proposal.

Goldair Investments Ltd (David Ward) was wound up on Inland Revenue’s application. Grant Graham & Stephanie Jeffreys (Ferrier Hodgson) were appointed liquidators. Mr Ward was bankrupted in February.

Tim Manning (Taradale Property Group Ltd)’s applications to wind up Pueblo/Gladstone Leases Ltd (Tim Manning & Gary McNabb) were wound up on Mr Manning’s application. Gerry Rea & Paul Sargison (Gerry Rea Associates) were appointed liquidators. Mr Manning is director of Taradale Property Group Ltd & related companies. Mr McNabb is a director of Allfields Holdings Ltd and various other property companies. Several other lease operations related to Taradale developments and run by Mr Manning & Mr McNabb were wound up in February.

Artist Traders Ltd (Jose Echave) settled with Oceania Audio Ltd and the application to wind Artist Traders up was struck out. Mr Echave is also a director of First Light Ltd, Urban Air Ltd, Roar Promotions Ltd and Rawaka Productions Ltd.

Global United Enterprise Ltd (Sho Shuchan) was wound up on Professional Printing & Systems Ltd’ application. The Official Assignee was appointed liquidator. Mr Sho is also a director of SCS Holdings (Global) Ltd and Global Trading House/Cleaning/United Development Ltd.

Inland Revenue’s application to wind up Lincoln Hire Service Ltd (Dorothy & Andrew Levy) was adjourned to Monday 22 December at 10.45am for settlement. Mr Levy is also a director of Rental Associates Ltd.

Inland Revenue’s application to wind up Hamill Refrigeration Ltd (William Hamill) was adjourned to Thursday 5 February at 10.45am for settlement. Refrigeration Engineering Co Ltd has an application to wind Hamill up on the court’s Thursday 18 December list. Mr Hamill is also a director of Abbotly Technologies NZ Ltd, Polar King Ltd and Coolbuilt Ltd.

3 December 2003
Chris Gudgeon will move to Wellington at the end of January to become chief executive of listed property investor Capital Properties NZ Ltd after 2 years as development manager at Melview Developments Ltd. He was previously general manager of the Kiwi Development Trust, in charge of building the Vero centre (which was then the Royal SunAlliance Centre) in Auckland. He replaces Nick Wevers, who was chief executive of Capital Properties’ predecessor, Government Property Services, from 1991, and then of Capital Properties from its listing in 1998.
Stuart Robertson, Massey, was appointed liquidator of 5 of Andrew Krukziener’s companies on 21 November, ahead of a High Court hearing last week of Inland Revenue applications to wind them up. The companies are 88 Cook Street Ltd, AK Oriental Ltd and 3 companies which changed their names on 16 July — East Tamaki Ltd (formerly Krukziener Judges Bay Ltd), Duvall Ltd (formerly Courthouse No 1 Ltd) and Elwin Ltd (formerly Metropolis A Ltd). Bryan Williams was appointed in August as liquidator of 2 other Krukziener companies facing IRD applications to wind them up, Glen Innes Ltd (formerly Metropolis W Ltd) & Oppurtunity Ltd (formerly Krukziener Eden Crescent Ltd), and a 3rd company not facing the IRD action, AK No 7 Ltd.

Continue Reading

U: The names behind the action, week to 22 June 2003

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.

22 June 2003

A company incorporated as TUFF NZ Ltd on Christmas Eve 2001, renamed Tuf Concrete Panel Manufacture Ltd in February 2002 and renamed by its registration number, AK/1182370, on 28 March, was struck off the Companies Register on 11 June and went into liquidation on 16 June. Daran Nair (Nair & Associates Ltd, Balmoral) was appointed liquidator. Creditors must file claims by Tuesday 5 August. Company director James Brennan remains a director of TUF Ltd and Tuf Panel Construction Ltd.

Springfield Holdings Ltd (Raymond Dumble) went into liquidation on 12 June, appointing John Gilbert (C&C Strategic Ltd) as liquidator. Creditors must file claims by Monday 14 July. Mr Dumble is also a director of Invermay Builders Ltd (in liquidation) and Castle Heights Lifestyle Village Ltd.

Commerce Minister Lianne Dalziel announced on Friday she had placed 8 finance & property companies, which appeared to have been operating buyback housing schemes, in statutory management. The companies are CH Finance Ltd, ICMG Leasing Ltd, The Independent Creative Management Group Ltd, Toi Te Atatu Ltd, Sleinad Finance Company Ltd, Opol Ltd, ICMG Holding Ltd and ICMG Property Company Ltd. Companies Office records show Frances Daniels, of New Brighton, Christchurch, is a director of CH Finance Ltd (in liquidation)and CH Development, and is a former director of Opol, Sleinad, ICMG Leasing (in liquidation) and ICMG Property, and a former director of 2 companies not included in the minister’s list, TMG Holdings Ltd and Awatea Visions Ltd. No directors are listed now for The Independent Creative Management Group, ICMG Holding/Leasing,Property, Sleinad or Opol. Haare Te Wehinga Williams is shown as a director of Toi Te Atatu. John Waller & Richard Agnew (PricewaterhouseCoopers) were appointed statutory managers. Ms Dalziel said she acted on Friday because tenders on 10 properties were to close at 40m that day.

Bergers Securities Ltd (Clinton Lee Braude) went into liquidation on 11 June, appointing Anthony McCullagh as liquidator. Creditors must file claims by 11 September.

The liquidation of Budget Homes Ltd (Stuart Jackson) has shifted from Jeff Meltzer & Mike Lamacraft at Meltzer Mason Heath) to Grant Graham & Stephanie Jeffreys at Ferrier Hodgson. The company went into liquidation on 15 May, and the appointment of new liquidators was made on 17 June.
Previous story: Jackson’s Budget Homes folds, Lifestyle Investments faces liquidation

Waikanae Kitchen & Joinery Ltd, Paraparaumu, applied on 14 May to wind up Broadbeach Construction Ltd (Darryl Greig, Orewa). The application will be heard in the Auckland High Court on Thursday 26 June at 10.45am. Mr Greig is also director of Greig Construction & Developments Ltd, in liquidation, and Broadbeach Group Ltd, which was incorporated on 24 April.

Michael Young applied on 28 May to wind up Conveyancers NZ Ltd (Lester & Vicki Dempster). The application will be heard in the Auckland High Court on Thursday 10 July at 10.45am. Mr Dempster, longtime advocate of conveyancing being done by non-lawyers, is also a director of Dempster Conveyancing Ltd, Online NZ Ltd and Gulf 3000 Ltd. Vicki Dempster is also a director of Dempster Conveyancing and Vicki’s Conveyancing Services Ltd.

Damian Dallow, director of Paritai Developments Ltd, was adjudicated bankrupt on 11 June. The company was wound up the next day on the application of Safeway Scaffolding (NZ) Ltd, 1 of numerous trade creditors waiting to be paid from sale of 2 townhouses built at 3-5 Paritai Drive, Orakei. Mr Dallow is also director of Dallow Group/Property Developments Ltd, D&M Developments Ltd, DMC & Co Developments Ltd (struck off the Companies Register on 11 June) and Monaco Developments Ltd.

Dynasty Properties Ltd (Wu Shin Hsiung & Chen King Lung) went into liquidation as a solvent company on 13 June, appointing William Black & Kerryn Downey (KPMG) as liquidators. Creditors must file claims by Friday 4 July. Mr Wu is also a director of T-Mark Corp Ltd, Dynasty Holdings Ltd, Tai-Tec Investment Co Ltd and Kimbikryst Properties Ltd. The last 2 are also in liquidation. Dynasty Properties isn’t related to the Dynasty Hotel Group of Jeffrey Tang & George Horsburgh.

Base Control Ltd applied on 22 May to wind up Modern Home Developments Ltd (Zhang Wei Wei). The application will be heard in the Auckland High Court on Thursday 14 August at 10am.

The former Reeves Moses Investorcare was placed in liquidation on 28 May under the name of NOSL Ltd (directors Peter & Catherine Jollands, insolvency practitioners). Ron Cherry (Pakuranga) was appointed liquidator. Creditors have been given until 30 June to file claims. The company was incorporated in 1992 as Reeves Moses Investment Advisors Ltd, became Reeves Moses Investorcare (Auckland) Ltd in 1993, changed its name to Newson O’Sullivan & Associates Ltd in 1999, to Sterling Financial Advisers Ltd in June 2002 and to NOSL on 31 March 2003.

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U: The names behind the action, week to 17 August 2003

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.

15 August 2003

Former Carter Holt Harvey Ltd senior finance executive Joanne Curin will take over from Robert Tsenin as finance director of Lend Lease Corp after the company releases its annual result next week. Ms Curin’s last role at Carter Holt was as corporate development & investor relations director. She left in 1998 to become finance director at P&O Australia, and has been finance director for the whole Peninsular & Oriental Steam Navigation Co in London since 2000. She will be based in London, take on her new role & join the Lend Lease board from 8 September. “Lend Lease has reset its strategy & direction and, with the restructure largely behind us, Jo’s focus on financial operations management as well as considerable experience in evaluating strategic acquisitions is an ideal skill-set to have in our new finance director,” said Greg Clarke, who took over as chief executive at a struggling Lend Lease 7 months ago.

Inland Revenue applied on 30 June to wind up Startel Communications Ltd (Marshall Taylor). The application will be heard in the Auckland High Court on Thursday 21 August at 10am. Mr Taylor is also a director of Hargreaves Properties Ltd, Tele Team Ltd, Travelforce Ltd, Startel Direct Ltd, Event Ticketing Ltd, Main Attraction Ltd and a few more related companies.

Cooke Plumbing Co Ltd applied on 8 July to wind up Spacewall Display Systems Ltd (Raymond Fong). The application will be heard in the Auckland High Court on Thursday 21 August at 10.45am. Inland Revenue had another of Mr Fong’s companies, The Wok Franchise Ltd, wound up in July. Mr Fong is also a director of Golden Wok Ltd and Smartzone Co NZ Ltd.

14 August 2003

Items under today’s date are from today’s Auckland High Court liquidations list conducted by Master Graham Lang.

Inland Revenue’s applications to wind up 2 of Metropolis apartment hotel tower developer Andrew Krukziener’s companies remained active today although they were placed in voluntary liquidation on 29 July. Master Graham Lang was kind to Inland Revenue: he was given no reason for applications to wind the 2 companies up to stay on foot, simply told the IRD wanted a court-ordered liquidator instead of a voluntarily appointed 1, and that the liquidator already appointed was thinking of resigning. The different appointments can have consequences in terms of the timeframe & legality of transactions to be considered in a liquidation, but with no suggestion of impropriety there seemed no reason for the applications not to be struck out. Instead, all 7 IRD applications to wind up Krukziener companies will move together to a 1-day hearing in the Auckland High Court on Thursday 4 September. The 2 already under the control of liquidator Bryan Williams are AK No 7 Ltd & Opportunity Ltd (previously called Kukziener Eden Crescent Ltd). The other 5 are 88 Cook Street Ltd, Krukziener Judges Bay Ltd, AK Oriental Ltd, Courthouse No 1 Ltd & Metropolis A Ltd. A 3rd company placed in voluntary liquidation on 29 July was Glen Innes Ltd.

The application of Linda Graham & others to wind up Moyes & Groves NZ Ltd (John & Anna Philpott) was adjourned to 16 October at 10am for settlement.

Sven Investments Ltd (Peter Wilson of MGI Wilson Eliott & lawyer Arthur Young)’s application to wind up Global Ecomex Ltd (Matthew Barker & Roland Ellis) was adjourned to Thursday 11 September at 10am for negotiations to continue. Mr Barker, founding director of electronic commodities exchange company Ecomex, is also a director of various other Ecomex companies, JBJ Consultancy Ltd, Wainui Equestrian Park Ltd, Think Kiwi Ltd and Advershade Ltd. Mr Ellis, a former director of Crown Worldwide NZ Ltd and Scotpac International NZ Ltd, is also a director of Premium Securities Ltd, Instant Finance NZ Ltd, Northview Group/Securities Ltd, Pauanui Property Trustees Ltd, Rae Properties Ltd, Jackell Holdings Ltd, Nugget Point Resort Ltd, Astute Holdings Ltd and NZ Geographic Ltd.

Paul Meder Inc’s application to wind up Distech Ltd (Olaf Eady & Christopher Horton) was struck out after settlement. Mr Eady is also a director of numerous property-related companies, including Highpoint Apartments Ltd, Highbury Developments Ltd and New Zealand Life Care Ltd. Mr Horton, formerly of brokerage Hendry Hay McIntosh Ltd, is also a director of Distillation Technologies Ltd and Detroit Investments Ltd with Mr Eady.

Mission Ltd & Independent Supplies Management Ltd (Jason Ford, Rodeo Drive, Weiti) were wound up on the applications of Duncan Forrest, Gary McNabb (Sportyachts NZ Ltd, Allfields Holdings Ltd, Yes Group Ltd, and various property & leasing companies, formerly of the Quest Apartment Group Ltd, still of Quest NZ Equity Ltd), CR Kirkness & Alan Hitchcock (Aylesbury Farms Ltd). Neil Donnell (Grant Thornton) was appointed liquidator.

Accident Compensation Corp ‘s application to wind up Murphy Construction Ltd (John Murphy, Penrose) was struck out after settlement.

Base Control Co Ltd’s application to wind up Modern Home Developments Ltd (Zhang Wei Wei) was adjourned to Thursday 11 September at 10am so it can be referred to arbitration.

RMT Waterblasters Ltd (Warren Robert) was wound up on Inland Revenue’s application. Richard Agnew & Vivian Fatupaito (PricewaterhouseCoopers) were appointed liquidators. Mr Robert is also director of Zeal Tronics Ltd and RDZ Ltd.

2 companies seeking the liquidation of Everworth Construction Ltd (Essam Elkhishin) gave up the fight today although they didn’t get paid, but a 3rd company got a final adjournment to Thursday 11 September at 10.45am, so it can either be paid or follow through to a winding-up order. The 2 to retire were Ross Brick & Pavers Ltd and BA Drainage Co (1990) Ltd. The company hanging in is Wickett’s Stores Ltd, trading as Cavendish Carpets. Mr Elkhishin is also a director of Takiron Property Developments/Holdings/Intelligent Flooring Systems/Subdivision Ltd, Sails Café & Bar Ltd, Arlow Holdings Ltd, Pacific Ridge Lifestyle Resort Ltd (in liquidation), Sky Properties Ltd, SCI Holdings/Educational Services/Property Development & Construction Ltd and Islamic Funding House of NZ Ltd, and is a former director of Golden Resorts International Ltd (also in receivership) and Primelife Ltd.

Timothy Fitzgerald withdrew his application to wind up United Realty Ltd after a ruling in another case between them. The company called United Realty at the time the application was filed, 1 April, 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.

Auckland Insulation Ltd withdrew its application to wind up K Borg Construction Ltd (Ken Borg, Papakura, also Ken Borg Ltd), to be replaced by Fletcher Wood Panels Ltd. The Fletcher application will be heard on Thursday 11 September at 10.45am.

Lladro Australia Pty Ltd’s application to wind up Manufacturers Agencies NZ Ltd (Peter Lawry Turner & John Boswell) was adjourned to Friday 22 August at 10am for settlement to be completed. Mr Turner is also a director of Turners Produce Markets Ltd, Fresh Direct Ltd, and formerly of Turners & Growers Ltd. Mr Boswell, also a former Turners & Growers and Hammer Auctions Ltd director, is now a director of Auctions Direct Ltd and several other companies.

Hirequip Ltd’s application to wind up CTS Turner & Associates Ltd (William Klaus & Leigh Mitchinson) was adjourned to Thursday 11 September at 10.45am to continue settlement negotiations. Mr Klaus is also a director of Aggregate & Material Services (NZ) Ltd and Abcat Charters Ltd.

Golf Road Properties Ltd (Mark Wall) settled with accountancy firm Grant Thornton and the application to liquidate the company was struck out. Mr Wall is also a director of Mainsflow Properties Ltd, Constructa Corporate One Hundred and Four Ltd, Alton Developments Ltd and Coronation Developments Ltd. Coronation was incorporated on 11 June.

Sir Hee International Ltd (Seo Dae Won & Seo Young Hee) was wound up on the application of AAPC Properties Pty Ltd (Accor Hotels). The Official Assignee was appointed liquidator.

Inland Revenue wanted to continue towards liquidation of Queen Street Photo & Video Ltd (Alan Patterson-Kane, now operating from Albany), after Mr Patterson-Kane got 2 buyers but no immediate contract from his attempts to sell the business, then came up with a settlement arrangement which included a cross-credit with another company. Master Graham Lang thought more of the proposal than the IRD and gave Mr Patterson-Kane to Friday 22 August to sort it out. Mr Patterson-Kane is also a director of Glen Forests Ltd, Foto Distributors Ltd and Avtec Equipment Ltd.

13 August 2003

Rabobank NZ Ltd applied on 29 July to wind up SalusHealth Ltd (David Halstead & Raymond Knight), the medical business that took the top floor of the new Quay Park Health building on Beach Rd, near Auckland’s old railway station, then crashed into receivership. The application will be heard in the Auckland High Court on Thursday 18 September at 10.45am. SalusHealth had a purpose-designed office fitout & furniture, a gym, and cardiology & radiology equipment.

The Oracle Auckland Ltd (Kerry Grimshaw) went into voluntary liquidation on 1 August, appointing Kevin Pitfield & Gareth Hoole (Staples Rodway Ltd) as liquidators. Creditors must file claims by Friday 22 August. Mr Grimshaw is also director of Rare Earth Ltd, in liquidation, and Oracle 2000 Ltd.

12 August 2003

Chris Seagar, who founded Auckland valuation firm Seagar & Partners Ltd in 1991, has succeeded Anthony Robertson as president of the NZ Property Institute. Mr Robertson held the role for 2 years.

Allied Work Force Ltd applied on 16 June to wind up Future Build Construction Ltd (Lance & Carol Deane, Whangaparaoa). The application will be heard in the Auckland High Court on Thursday 21 August at 10am. Mr Deane is also a director of HBC Waterproofing Ltd.

CA Holdings Ltd (Cliff Wong Tuck Wai) went into voluntary liquidation on 5 August, appointing Curtis Mountfort (Mountfort & Associates) as liquidator. Creditors must file claims by Monday 8 September. Mr Won is also a director of Restaurant Trend Ltd.

Whiteware Properties Ltd (James Douglas McAlpine & Tony Langbein) went into liquidation as a solvent company on 1 August, appointing Jugdis Parbhu (Ross Melville PKF) as liquidator. Mr Langbein is also a director of Eden St Carpark Ltd.

Tru-Bilt Homes Ltd (Jacqueline & Craig Mark) went into voluntary liquidation on 31 July, appointing Neil Aitken (Moxey Aitken Broadbent) as liquidator. Creditors must file claims by Tuesday 30 September. The Marks are also directors of JCM Developments Ltd.

The Accident Compensation Corp applied on 25 June to wind up Foundation Systems Ltd (named Jason Harford Contracting Ltd until 20 June; director Jason Harford). The application will be heard in the Auckland High Court on Thursday 4 September at 10.45am. Mr Harford had Jason Harford Contracting (2002) Ltd incorporated on 19 June 2002 and is also director of B&H Excavators Ltd.

Inland Revenue applied on 8 July to wind up Makora Investments No 1 Ltd (John Cave & Wallace Bayne). The application will be heard in the Auckland High Court on Thursday 21 August at 10.45am. Inland Revenue’s application to wind up Baseline Homes Ltd (Mr Bayne) was struck out in July after settlement. Mr Bayne is also a director of Ranui Station Developments Ltd, which was wound up in December 2001. Mr Cave is also a director of Captain Scott Developments Ltd, Ridge Developments Ltd and Ranui Station Developments.

Barbara Cook applied on 25 July to wind up Capital Property Ltd (Alan Henderson). The application will be heard in the Auckland High Court on Thursday 4 September at 10.45am. Mr Henderson is also a director of Smitkin Engine Co/Marketing Ltd, The Continuous-cycle Engine Development Co Ltd and Pounamu Holdings Ltd, and a former director of numerous management companies (Wimbledon, Avon, Kensington, Piccadilly, Knightsbridge, Thames, Addington, Surrey, Kent), Fulham Holdings Ltd, Karaka Village/(1995) Ltd and Lifestyle Investments (NZ) Ltd. Lifestyle Investments, with Stuart Jackson as director, was wound up in the High Court on 17 July.

Anthony McCullagh (Horwath Corporate (Auckland) Ltd) will conduct the 1st creditors’ meeting of Kaha Holdings Ltd (Peter Beric & Bogdana Shale) on Monday 25 August at the Horwath offices, Frater Williams Tower, Shortland St. Mr Beric is also a director of Telerad Protec Ltd, Protec Rentals Ltd (in receivership & liquidation), Hamilton Construction Ltd and Cairnfield Care Ltd. John Russell is now listed as a director of Protec Rentals. Bogdana Shale is also a director of Cairnfield and a former director of Shale Industries Ltd.

John Leslie has wound up another of his companies which haven’t traded since 1996, this 1 Econo Built Residential (Ak) Ltd, which was renamed Kolmar Ltd on 11 July. Clive Quinn was appointed liquidator on 7 August, and creditors must file claims by Thursday 11 September. Econo Built Construction (Ak) Ltd changed its name to Willmay Ltd on 11 July and also went into liquidation. Mr Leslie’s other companies are Econo-Built Systems Ltd (originally Econo-Barns Ltd), Econo Built Systems Northland Ltd and Sutton Ltd (which started out as Trailable Buildings (NZ) Ltd in 1991, became Econo-Built Projects Ltd then Econobuilt Holdings Ltd before changing its name to Sutton on 11 July).

Ao Jin & Ying Tang applied on 10 July to wind up Dome Homes NZ Ltd (Martin & Jenny Sandifer). The application will be heard in the Auckland High Court on Thursday 21 August at 10.45am. The Sandifers are also directors of Hinsan Consultants/Research NZ/Developments NZ Ltd. Ao Jin is a former director of Dome Homes and is a director of Resun Consultants Ltd. Ying Tang is a director of Cordial International Education Service Ltd and Golden Scissors Ltd.

EB Trading Ltd (Paul Reilly) went into voluntary liquidation on 7 August, appointing Gael Hotchin (Blackmore Virtue & Owens) as liquidator. Mr Reilly is also director of Nero Properties Ltd.

Single-purpose Taradale group companies Property Finance (Vista Rosa) Ltd, Sacramento Development Finance Ltd & Pacific Properties (The Grange) Ltd (Tim Manning) went into voluntary liquidation on 6 August after completing their purpose, the last 2 with resolutions of solvency. Neil Donnell (Grant Thornton) was appointed liquidator. Creditors must file claims by Monday 8 September.

Leading architect Jeremy Whelan of Ignite Ltd has put another of his old companies, Insitu Ltd, into voluntary liquidation through Jeff Meltzer & Karen Mason (Meltzer Mason Heath). Already wound up are Barry Bond Ltd and ASA Crone Oil Ltd (formerly ASA Crone Architects Ltd). His remaining company is Westside Design Ltd. Insitu’s creditors must file claims by Thursday 4 September.

Claremont Properties Ltd (Patricia Stead & Beverley Jordan) went into liquidation as a solvent company on 4 August, appointing Jeff Meltzer & Karen Mason (Meltzer Mason Heath) as liquidators. Creditors must file claims by Thursday 4 September.

DF Forrest, Gary McNabb (Sportyachts NZ Ltd, Allfields Holdings Ltd, Yes Group Ltd, and various property & leasing companies, formerly of the Quest Apartment Group Ltd, still of Quest NZ Equity Ltd), CR Kirkness & Alan Hitchcock (Aylesbury Farms Ltd) applied on 22 May to wind up Mission Ltd & Independent Supplies Management Ltd (Jason Ford, Rodeo Drive, Weiti). The application will be heard in the Auckland High Court on Thursday 14 August at 10am.

Inland Revenue applied on 21 May to wind up RMT Waterblasters Ltd (Warren Robert). The application will be heard in the Auckland High Court on Thursday 14 August at 10am. Mr Robert is also director of Zeal Tronics Ltd and RDZ Ltd.

Remaining items under today’s date are from the Auckland High Court liquidations list last Thursday, 7 August, conducted by Master John Faire.

Westnorth Construction Ltd (Dale Wadham) was wound up on the application of Benchmark Building Supplies Ltd. Ferrier Hodgson will conduct the liquidation. Mr Wadham is also a director of Westnorth Labour Hire Ltd, and was a director of Westnorth Holdings Ltd, struck off the Companies Register in 1994.

Brand Works Ltd’s application to wind up TE Group of Companies Ltd, and Sauvarins North Ltd’s application to wind up TE Construction Ltd (Wu Chun Keung) were adjourned to Thursday 4 September.

Northland Contract Services Ltd’s application to wind up CES Forests Ltd (Kevin Wheeler) was struck out for non-appearance. Law firm Glaister Ennor’s application to wind up another of Mr Wheeler’s companies, Stabila Ltd will be heard on Thursday 21 August. Mr Wheeler is also a director of Deep Bay Forestry Ltd and Ruakaka Log Services Ltd, and is a former director of Balboa Beach Holdings Ltd and Commodity Export Services Ltd.

NZ Generator Hire Ltd’s application to wind up Stone Green Ltd (Allan Hill) was adjourned to Thursday 4 September.

Key Selections Ltd (Carlton & Clarence Fox) was wound up on Allied Concrete Ltd’s application. The Official Assignee was appointed liquidator.

Marstan Developments Ltd (Shayne Hubert, Westmere) was wound up on Pilkington NZ Ltd’s application. Stephanie Jeffries & Brendon Gibson (Ferrier Hodgson) were appointed liquidators. Mr Hubert is also a director of City Build Construction Ltd and Designwise Investments Ltd.

Benchmark Building Supplies Ltd’s application to wind up Sapphire Homes Ltd (Stuart Brauninger) was adjourned to Thursday 4 September. Mr Brauninger is also a director of Nighthawk Promotions Ltd, S&R Trading Ltd (formerly Genesis Homes Manurewa Ltd), Sapphire Holdings Ltd, Tasman Pacific Residential Ltd, Sunset Finance Ltd, Five Star Homes Ltd and Waylen Financial Services Ltd, and a former director of Alpha Pacific Holdings Ltd.

Guy Contractors Ltd (Kelvyn Guy) settled with Inland Revenue and Williams & Kettle Ltd, and their liquidation applications were withdrawn.

Candy Textiles Ltd (John, Harold & Graham Candy, also Sovereign Productions Ltd) settled with Inland Revenue and the application to liquidate the company was withdrawn.

Davern Building Removals Ltd (renamed Prickles Ltd on 20 May; director Elizabeth Haines) was wound up on Inland Revenue’s application. Vivian Fatupaito & Richard Agnew ((PricewaterhouseCoopers) were appointed liquidators. Creditors must file claims by Friday 7 November. Ms Haines is also a director of Limani Developments Ltd, Auckland Building & Investments Ltd, Kamulla Ltd, Kamulla Investments/Imports Ltd and Thorns Ltd, and a former director of Radiata Properties Ltd and Titoki Cabarets (Auckland) Ltd. James Davern is a former director, and remains a director of James Davern Ltd, Janette Trust Ltd and Pt Chevalier Building & Joinery Co Ltd.

Design Spec Flooring Ltd (Shane Te Tai) was wound up on the application of Joyce Palmer, Jillian Simpson & Hugh Kasper. The Official Assignee was appointed liquidator. Mr Te Tai has an advertising restraint on an application to wind up another of his companies, Design Spec Contracting Ltd. He’s also a director of Design Spec Hardwoods Ltd.

Chester’s Plumbing & Bathroom Centre Ltd’s applications to wind up AAAAAA Abacus Plumbing/Drainage Ltd (Adam Paterson/Patterson) were adjourned to Thursday 4 September. Mr Paterson/Patterson is also a director of AAAAAA Abacus Plumbing & Drainage Services Ltd (renamed Tait Investments Ltd in March, the day before it went into voluntary liquidation), Abacus Properties Ltd, AAAAAA Abacus Electrical/Group/Homes Ltd and Wastewater Assemblies Ltd.

2 more of Andrew Krukziener’s companies, 88 Cook St Ltd & Krukziener Judges Bay Ltd, came before the court on Inland Revenue applications and were adjourned to Thursday 14 August for proceedings to be lined up with applications to wind up another 5 companies. They’re scheduled to go to a hearing on Thursday 4 September.
Previous story: 3 Krukziener companies in voluntary liquidation

Ellerslie Residential Ltd (David Ward) was wound up on Inland Revenue’s application. Stephanie Jeffries & Grant Graham (Ferrier Hodgson) were appointed liquidators. Mr Ward was adjudicated bankrupt in February. Inland Revenue had another 5 of Mr Ward’s companies wound up in June — Real Estate Investment (Newmarket) Ltd, trustee of the DJW family trust, Abraham Property Investments Ltd (struck off the Companies Register in December), Shakra Investment Ltd, Zambesi Holdings Ltd & Arthur St Investments Ltd.

C&P Haven Farms Ltd (Ian Stafford-Bush) was wound up on Wrightson Ltd’s application. The Official Assignee was appointed liquidator. Mr Stafford-Bush is a former director of Bushranger NZ Ltd and Bush Family Co Ltd.

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U: The names behind the action, week to 8 June 2003

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.

5 June 2003

Continuous Spouting Auckland Ltd’s application to wind up Roseneath Properties Ltd (Stephen Kelly) was adjourned in the Auckland High Court today to Thursday 26 June at 9.30am for a phone conference aimed at getting settlement, or alternative resolution over a claimed $8000 debt. Roseneath settled another liquidation application, by Glasswork Glass Ltd, in February. Mr Kelly is also director of Southern Hemisphere Land & Property Investments Ltd, Central Strata Management Ltd, Grafton Ridge Ltd, New Oakland Properties Ltd and Volcanic Investments Ltd, and formerly of RAM Securities Ltd, Contributory Mortgage Investments Ltd and Contributory Mortgage Nominees Ltd).

TE Construction Ltd (Wu Chun Keung; previous director Christina Liang) had Wiri Timber Mt Roskill Ltd’s application to wind it up struck out in the Auckland High Court today after securing enough support for its debt-compromise proposal, put to creditors on 16 May.

Mini-Fuels & Oils Ltd’s application to wind up Recycling & Recovery Ltd (Steven Rayne & Lawrence Walker) was struck out in the Auckland High Court today.

NZ Wholesale Vehicles Ltd (Javed Mohammed) is fighting an application by Ron McDonald Ltd (Tony Radisich) to wind it up. The application was adjourned in the Auckland High Court today to Thursday 10 July at 10am for a hearing to be set down. Mr Radisich’s other companies include Penrose Enterprises Ltd, Natwest Finance/Holdings/Investments Ltd, Broadlands Finance/Investments Ltd, Broadlands Ltd, Autoways Ltd, RAS International Ltd, NZ Vehicle & Marine Auctions Ltd, Beach Road Residential Ltd, Swan Nominees Ltd and Swan Insurance Ltd (in liquidation).

Benchmark Building Supplies Ltd’s application to wind up Westnorth Construction Ltd (Dale Wadham) was adjourned in the Auckland High Court today to Thursday 10 July at 10am for settlement. Mr Wadham told the court he was awaiting the outcome of a case in the North Shore District Court – heard 3 months ago – and, if successful, would be able to pay all creditors.

Inland Revenue’s application to wind up Protection & Security Insurance Brokers Ltd (Margaret Watterson & Shirley Watson) was adjourned in the Auckland High Court today to Thursday 10 July at 10am for settlement. It was, effectively, the brushing aside of responsibility as Master John Faire repeated his warning of a month ago that the company could be wound up, on the papers as they appeared in court, although a director has told the court several times the IRD owes the company money. Nothing seemed to have been done by Inland Revenue to resolve matters. The previous story, in May: Court & IRD make mockery of roles

Inland Revenue’s applications to wind up 2 of John Russell’s companies, KJ Cummings Ltd and Ron West Motors (Otahuhu) Ltd, were adjourned in the Auckland High Court to Thursday 25 July at 10am for a stay application to be heard and mention of the substantive issue.

Inland Revenue’s application to wind up Candy Textiles Ltd (John, Harold & Graham Candy, also Sovereign Productions Ltd) was adjourned in the Auckland High Court to Thursday 7 August at 10am for further investigation & settlement.

Famous Brands Factory Outlet Ltd (called Hemisphere Properties Ltd from July 1999 until October 2002) and Hudson Park Properties Ltd (Chris Cook & Bastiaan Struyck) settled with Inland Revenue and the applications to wind the companies up were struck out in the Auckland High Court today.

Stuarts Properticare Ltd (Stuart Middleton) was wound up in the Auckland High Court today on Inland Revenue’s application. Grant Graham & Brendon Gibson (Ferrier Hodgson) were appointed liquidators. Mr Middleton is also a director of Stuarts Properties Ltd (in liquidation) and South Auckland Homes Ltd.

Roland Holdings Ltd (John Henderson & Brendan Robinson) was wound up in the Auckland High Court today on Inland Revenue’s application. Gerard Hulst was appointed liquidator. Mr Henderson is also a director of Knighton Agencies Ltd and Mr Robinson is a partner in accountancy firm Robinson & Running Ltd.

Inland Revenue’s application to wind up Guy Contractors Ltd (Kelvyn Guy) was adjourned in the Auckland High Court today to Thursday 10 July at 10am for proof of service, advertising & settlement.

4 of Daphne Fourie’s companies — Oceans (Takapuna) Ltd, One Italy (Epsom) Ltd, Café Belgique (NZ) Ltd and Mad Dogs & Englishmen (Epsom) Ltd — have settled with Inland Revenue and the applications to wind them up were struck out in the Auckland High Court today.

81 Fort St Ltd and 85 Fort St Ltd (Garry Coleman & Chris Smith of Tauran Construction Co Ltd) have settled with NZHB Holdings Ltd (NZ Home Bonds) and the applications to wind up the 2 development companies were struck out in the Auckland High Court today.

A O’K Airport Discount Rentals Ltd (Glyn & Lynette Morgan) was wound up in the Auckland High Court today on the application of Ballantyne Enterprises Ltd (Tony Thomas). The Official Assignee was appointed liquidator.

Pro Rata Consultants Ltd’s application to wind up Wasan International Forestry Ltd (Edward Kang) was struck out in the Auckland High Court today. Mr Kang is also a director of Wasan International Co Ltd, Wasan International Golf Ltd, NZ Institute of Information Technology Ltd, NZ English & Golf Academy Ltd and Girder Naco & Wasan International Ltd.

Ventura Trading Co Ltd’s application to wind up Going Going Gone Ltd (Alan & Henderson) was struck out in the Auckland High Court today after nobody turned up for either party.

Inland Revenue’s application to wind up No 1 Queen Ltd (lawyer Kerry Knight & Chong Du Cheng) was settled & struck out in the Auckland High Court today.

Brackwell Ltd’s application to wind up Hebe Finance Ltd (Peter & Susan Chad) was discontinued in the Auckland High Court today. Mr Chad is also a director of Cerberus Investments Ltd, MA Watson & Assoc Ltd, No Deposit Homes Ltd, Twinkle Toes NZ Ltd, Guardian Properties Ltd, Forgan Jones Structural Ltd (in liquidation), Te Mata Finance Ltd, Quality Developments Ltd and Ascot Business Services Ltd.

Thorburn Properties Ltd (Michael Thorburn & Owen Foster) went into voluntary liquidation on 27 May, appointing Atul Mehta (Markhams MRI Aucklnd Ltd) as liquidator. Mr Thorburn is also a director of Electric Construction Co of NZ Ltd, ECC Lighting Ltd, ECC Lighting & Living Ltd, Maddi Ltd and Thorburn Holdings Ltd. Mr Foster is also a director of Electric Construction Co, David Levene’s Lewis Holdings Ltd, Rose Buds Ltd, General Electric Plastics NZ Ltd and Samara Investments Ltd.

P&C Cook Properties Ltd (Paul & Carene Cook, Pakuranga) went into liquidation as a solvent company on 26 May, appointing Graham Skipper (Skipper Lay & Associates Ltd) as liquidator. The Cooks are also directors of P&C Cook South Island Ltd and PA&CE Cook Ltd, and Mr Cook of Foodtech Solutions Ltd.

The Sleepyhead group (Graeme & Lynn Turner) has closed the Manhattan Mattress Co Ltd as a result of restructuring shareholders’ affairs, putting Manhattan into liquidation as a solvent company on 22 May. Martin ellis was appointed liquidator. Creditors must file claims by Thursday 19 June.

Roger Morrison, recorded as a sales agent of Milford, was bankrupted for the 3rd time on 30 April. His previous bankruptcy, when he was a timber merchant, ran from February 1991-94. His 1st bankruptcy arose from timber trading in the South Island in the 80s.

4 June 2003

White Capital Developments Ltd (Peter White) went into liquidation on 29 May, appointing Peter Brannigan as liquidator. Mr White is also a director of Elm Holdings Ltd, Start 209 Ltd, Lakeview Estate Ltd and New Start Developments Ltd, all recently placed in liquidation, Rangatira Rd Ltd, struck off the Companies Register, and of Lot 41 Aldbury Estate Ltd, Charlennes Lot Ltd, Knightsbridge Equities Ltd, Stash 2000/3000 Ltd, Devonport Theatre Complex Ltd and Level Arch Developments Ltd. An application by Body corporate 20375 to wind up Aldbury Estate Ltd (Mr White & John Randal Syme) was settled & struck out at its 1st hearing in the Auckland High Court last Thursday.

Lotzachox Ltd (Patrick Groufsky) went into voluntary liquidation on 29 May, appointing Bruce McCullough (Pritchard McCullough, Lower Hutt) as liquidator. Mr Groufsky is also a director of Monitored Alarm Systems Ltd, already in liquidation, and is a former director of Alstom NZ Superannuation Ltd.

Top-lay Concrete Ltd (Desmond Attewell & Glenys Webber) went into voluntary liquidation on 28 May, appointing Robert Merlo (Merlo Burgess & Co Ltd) as liquidator. Creditors must file claims by Monday 30 June. Mr Attewell is also a director of Affordable Group Contracts Ltd.

Radiata Holdings Ltd (directors Richard Braddock & Robin Levison of the collapsed DF Mainland broking & investment group) went into liquidation on 28 ay, appointing Lyall Brown as liquidator. Creditors must file claims by Friday 27 June.

Alliance Construction Ltd applied on 9 April to wind up Westnorth Construction Ltd (Dale Wadham). The application will be heard in the Auckland High Court on Thursday 12 June at 10.45am. Mr Wadham is also a director of Westnorth Labour Hire Ltd, and was a director of Westnorth Holdings Ltd, struck off the Companies Register in 1994. Benchmark Building Supplies Ltd has an application before the court tomorrow to wind Westnorth Construction up.

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