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.
6 October 2002
Property developer brothers Rod & Greg Nielsen, best known for their Castlerock Group, resolved on 3 October to send 4 companies into liquidation — Mays Road (Ellerslie) Ltd, Eastpark Management (NZ) Ltd, Ellerslie Properties Ltd and Castlerock (Marua) Ltd. Claims must be filed with liquidator Brett Hoddle (Brett Hoddle Consultants, Highland Park) by Monday 11 November. Castlerock Group Ltd is in liquidation and has been struck off the Companies Register. Another of their companies, Mays Road Developments Ltd, is in liquidation. The Nielsens still have numerous site-specific companies, including 35 Ayr St Ltd, Queenstown Lifestyle Villas Ltd, The Lodge Trust Co Ltd, Glenside Properties Ltd and Augustus Housing Ltd.
(Sam) Tse Suet Cheong & (Shirley) Tse Shui Hang put their 3 jointly owned companies — Epsom Motels Ltd, Epsom Estate Ltd and Cornwall Estate Holdings Ltd — into liquidation on 3 October, appointing John Palairet of Napier as liquidator. The companies say they can pay their debts. Mr Tse is also a director of Richmon Group Ltd.
3 October 2002
Lawyer Andrew Harmos has given notice that he wants to have Matarangi Beach Properties Ltd (Andrew & Sheridan Harmos) struck off the Companies Register because it’s ceased business & discharged its liabilities. It’s a separate company from Matarangi Beach Estates Ltd (Greg Wilkinson of Axis Property Group Ltd, and previously Mark Hotchin, now of Elders Finance and still of Matarangi Properties Ltd).
Inland Revenue applied on 12 August to wind up Betta Motorsport Ltd (Dean Harden, Warkworth). The application will be heard in the Auckland High Court on Thursday 17 October at 10.45am. Mr Harden is also director of Betta Rental Cars Ltd, which settled a separate Inland Revenue application to wind it up, lodged in June. That application was struck out in the High Court today.
Inland Revenue applied on 19 August to wind up Quest Communications Ltd (Bruce Herbert & Nigel Colling). The application will be heard in the Auckland High Court on Thursday 17 October at 10am. An application by Gulf Harbour Town Centre Ltd to wind up Quest will be heard on 10 October at 10am.
Inland Revenue applied on 2 September to wind up ITL Projects Ltd (Paul Doran & Victor Sietkiewicz, also 586 Properties Ltd and Derence Properties Ltd; Mr Doran is also director of PJD Investments Ltd and Mr Sietkiewicz was formerly a director of Insul-Box NZ/International Ltd). The application will be heard in the Auckland High Court on Thursday 17 October at 10.45am.
The Campbell & Ehrenfried Co Ltd, the company through which Doug Myers took control of Lion Nathan, quietly slipped into liquidation on 1 October, 105 years after its incorporation. Liquidators are Richard Agnew & David Davidson (PricewaterhouseCoopers). Campbell & Ehrenfried was incorporated on 27 June 1897. It changed its name to Thyme Enterprises Ltd (Richard Green & John Lusk) on 26 July. A new Campbell & Ehrenfried was incorporated on 25 September.
An application by James Piper (Pipers patent & trademark attorneys) to wind up Gemtech Corp Ltd (Anthony & Vivienne Wondergem) was adjourned in the Auckland High Court to Thursday 7 November at 10am after Master Lang reset a timetable after previous requirements weren’t met. Gemtech is a rotary engine company. The 2 directors, plus Neil & Valerie Wondergem, are variously directors of Wondergem Developments/Holdings Ltd, Gemco 21 Ltd, Engine 21 Corp Ltd, Rev Group Ltd and, incorporated on 18 September, 2’N’1 Engine Ltd.
Legend Balustrades Ltd (Augustus Benzie, also Benbrook Developments Ltd, in both receivership & liquidation, with Janet Brooker) was wound up on the application of Manufacturing Suppliers Ltd. Dennis Parsons & Katherine Kenealy, Indepth Forensic Ltd, Hamilton) were appointed liquidators.
Habitat Developments Ltd (David Ralph & Caroline Morrison, Pukekohe) was wound up on the application of Jesmond Construction Ltd. Steve Lawrence & Brendon Gibson (Ferrier Hodgson) were appointed liquidators.
Panorama Outdoor Advertising Ltd (Barrie Dyer, also Harbour City Signs Ltd, Red Devil Investments Ltd and Sky High Visuals Ltd) settled with Stele Media Ltd (Michael Sullivan & Robert Haddon of Sullivan & Haddon Group Ltd) and the application to wind up Panorama was struck out.
Chubb NZ Ltd abandoned its application to wind up Alarm Wholesalers Ltd (Frank James & Gaye Hill, Takanini) after Alarm Wholesalers was struck off the Companies Register on the day of its previous court appearance, 22 September.
RA Electrical Co Ltd (Raiyas & Praveena Ali, Pakuranga, also RA Building Contractors Ltd, incorporated on 23 July) settled with Redeal Ltd and the application to wind up RA Electrical was struck out. RA Electrical 2002 Ltd, with Tahir Samut as director and the same registered office as RA Electrical Co Ltd, was incorporated on 13 May.
Langana Construction Ltd (Stuart Jackson, company incorporated on 1 February) settled with TS Bricklayers Ltd, but another 7 creditors jointly stepped in seeking to replace TS Bricklayers on the liquidation application, with a request to consolidate proceedings. Master Lang adjourned the matter to Thursday 14 November at 10am. Mr Jackson has numerous other companies, from Budget Homes Ltd formed in 1998 to Exclusive Developments Ltd in 1999, various Lifestyle and Jackson companies, Fulham Holdings Ltd, Bassett Properties Ltd, and Jackson Property Group Ltd, which was also formed in February.
Finance Provision Associates Ltd (Christopher Elstob & Peter Hilt) was wound up on Mr Elstob’s application, but there was a dispute over who should be liquidator — Mr Elstob’s choice of Horton & Price or the other 3 directors’ preference, Meltzer Mason Heath — Master Lang opted for Karen Mason & Mike Lamacraft (Meltzer Mason Heath). Counsel for those other directors, Mr Schnauer, said there was about $165,000 in the company, but “there was an apprehension that funds that had been collected had not been properly accounted for. Proceedings for fraud have been brought against Mr Elstob.”
Mainstream Construction Ltd (Shaun Thomas, Long Bay, a former director of Firstlight Homes Ltd, Silverdale) was wound up on the application of UnitedNetworks Ltd. Vivian Fatupaito & Richard Agnew (PricewaterhouseCoopers) were appointed liquidators.
Wharehine Contractors Ltd’s application to wind up Concept Holdings Ltd (Selwyn Currie, also Combi Enterprises and Clayton Enterprises 2001 Ltd) was adjourned to Thursday 7 November at 10am for advertising.
Meadowcourt First National Real Estate Ltd (Peter Thomas) was wound up on Inland Revenue’s application. Steve Lawrence & Brendon Gibson (Ferrier Hodgson) were appointed liquidators.
Cargo Systems International Ltd (Christopher Grace, also Icos Ltd, Icos Group Ltd and Transdata Corp Ltd, & Harold Dittmer) was wound up on Inland Revenue’s application. Vivian Fatupaito & Richard Agnew (PricewaterhouseCoopers) were appointed liquidators.
Mrs Rita Hockey’s application to wind up Wiseline Corp Ltd (Patrick Darby) was adjourned to Thursday 7 November at 10.45am for a fixture. Mr Darby is also a director of Pinnacle Brokers Ltd, Pinnacle Business Brokers Ltd and Barrys Car Sales Ltd. Mrs Hockey was acting partly on her own account and partly as executor of the estate of her husband, Russell Hockey., who was a director of the 2 Pinnacle companies and also of Pinnacle Brokers 2000 Ltd, which was struck of the Companies Register in October 2001.
Maaz Enterprises Ltd (Mohammed Azam, also Pah Road Investments Ltd) was wound up on Inland Revenue’s application. Steve Lawrence & Brendon Gibson (Ferrier Hodgson) were appointed liquidators.
Inland Revenue’s application to wind up J&T Contractors Ltd (Tracey Christie, East Tamaki) was adjourned to Thursday 14 November at 10.45am to complete settlement.
1 October 2002
BGJJLM Ltd (Leslie Hemmingson, also Glassfields NZ Ltd, & Leo Faber, also Faber Glasshouses NZ Ltd) went into voluntary liquidation on 23 September, appointing Gregory Ratbun & Bruce Sheppard as liquidators. The company was called Status Produce Ltd until April. The company known since then as Status Produce Ltd (registered at Turners & Growers Ltd) was previously called Sholto Investments Ltd.
North Harbour Pump Services Ltd (Hugh Sintes, also Pumpland Ltd) went into liquidation on 25 September, appointing Jeff Meltzer & Karen Mason (Maltzer Mason Heath) as liquidators. Creditors must file claims by Friday 25 October.
Herbert Restaurants Ltd (trading as Cobb & Co Eastridge; director Tony Herbert, also Pioneer Entertainments Ltd, Kelston Rack & Track Ltd, Lasso & Garter Ltd, Local Hospitality Services Ltd, and formerly a director of Neville Mahon company Lausanne Project Management Ltd and Dunedin company Acre Holdings Ltd) went into liquidation on 27 September, appointing John Whittfield & John Vague (McDonald Vague & Partners) as liquidators. Creditors must file claims by Thursday 31 October.