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.
27 June 2003
Graham & Caron Gray applied on 17 June to wind up James Rockford Ltd (Newmarket property lawyer John Mansfield). The application will be heard in the Auckland High Court on Thursday 21 August at 10am. Mr Mansfield is also a director of Arcadia Trust Ltd, MRI Ltd , RRD Ltd, OE Supplies Ltd, but has resigned from his own John Mansfield Solicitors Nominee Co Ltd and Professional Co-ordinators Holdings Ltd.
Taradale Developments Ltd principal Tim Manning has closed 3 companies, Sigatoka Investments No 8 Ltd, Cornwall Oaks Ltd & Battery Hill Ltd. Neil Donnell (Grant Thornton) was appointed liquidator on 24 June. Creditors must file claims by Friday 25 July.
Walding Properties Ltd (in liquidation) & Happy Hosts Hotel Ltd (trading as the Carlton Hotel) (Peter Walding) went into receivership on 23 June. Michael Stiassny & Grant Graham (Ferrier Hodgson) were appointed receivers.
David Bevan, Ellerslie, was appointed receiver of Atcheson Electrical Ltd (Eric James) on 23 June. Mr James is also a director of Pentref Holdings Ltd, MBE-Atcheson International Ltd, G&M Refrigeration Ltd and Dukes Ltd. Dukes was wound up last September.
Trustpower Ltd applied on 15 April to wind up Churchill Investments Ltd (Clive Bish). The application will be heard in the Auckland High Court on Thursday 10 July at 10.45am. Mr Bish is a director of KDB Chartered Accountants Ltd, Newmarket, and numerous other companies.
Inland Revenue applied on 29 May to wind up Baseline Homes Ltd (Wallace Bayne). The application will be heard in the Auckland High Court on Thursday 10 July at 10.45am. Mr Bayne is also a director of Makora Investments No 1 Ltd and Ranui Station Developments Ltd. Ranui Station Developments was wound up in December 2001.
Accountancy firm Grant Thornton applied on 12 June to wind up Golf Road Properties Ltd (Mark Wall). The application will be heard in the Auckland High Court on Thursday 14 August at 10.45am. 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.
Lladro Australia Pty Ltd applied on 6 June to wind up Manufacturers Agencies NZ Ltd (Peter Lawry Turner & John Boswell). The application will be heard in the Auckland High Court on Thursday 14 August at 10.45am. 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.
Inland Revenue applied on 27 May to wind up Genesis Plants Ltd (Graeme & Judith Foden). The application will be heard in the Auckland High Court on Thursday 10 July at 10am.
Winstone Aggregates (a division of Fletcher Concrete & Infrastructure Ltd) applied on 8 May to wind up the Pokeno Kaitiaki Society Inc. The society was incorporated in May 2000 to oppose establishment of a quarry in the Pokeno area and was struck off the register on Friday 27 June. The application will be heard in the Auckland High Court on Thursday 17 July at 10am.
Inland Revenue applied on 26 March to wind up Northside Homes Ltd (Murray Painting, Beachhaven). The application will be heard in the Auckland High Court on Thursday 10 July at 10am. Northside was struck off the Companies Register in April 2002.
Inland Revenue applied on 1 April to wind up Asset Tenders Ltd (Bill Valintine). The application will be heard in the Auckland High Court on Thursday 10 July at 10am.
Law firm Martelli McKegg Wells & Cormack applied on 10 June to wind up Kemikara NZ Ltd (Donald Grant Cowie & David Delay). The application will be heard in the Auckland High Court on Thursday 24 July at 10.45am. Mr Cowie is a former director of NBNZ International Ltd (the National Bank) and Southpac Corp Ltd and is now a director of Cowlew Fruits Ltd, Glenavy Farm Ltd, Caroba Investments Ltd, Commsoft Group Ltd, Zeusite Ltd, Jaklab Ltd, Turnaround Managers Ltd, Independent Dairy Producers Ltd, Ian Croft Produce Ltd and Cow & Gate Ltd. Mr Delay is a director of Sturgess Investments Ltd, Daba Holdings Ltd and Tournament Management Group Ltd, and a former director of Trade Publications Ltd.
Inland Revenue applied on 27 May to wind up AKT Trustee Co Ltd (Alan Tong). The application will be heard in the Auckland High Court on Thursday 10 July at 10am. Mr Tong, of Alan K Tong & Associates Ltd, Boston Rd, Mt Eden, is a director of numerous trustee companies.
Inland Revenue applied on 1 April to wind up Linef Holdings Ltd (Laurie Devitt). The application will be heard in the Auckland High Court on Thursday 10 July at 10am. Mr Devitt is also a director of International Management & Technology Ltd and International Standards Certifications NZ Ltd.
Sven Investments Ltd applied on 21 May to wind up Global Ecomex Ltd (Matthew Barker & Roland Ellis). The application will be heard in the Auckland High Court on Thursday 14 August at 10am. 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.
Pilkington NZ Ltd applied on 30 April to wind up Marstan Developments Ltd (Shayne Hubert, Westmere). The application will be heard in the Auckland High Court on Thursday 7 August at 10am. Mr Hubert is also a director of City Build Construction Ltd and Designwise Investments Ltd.
AAPC Properties Pty Ltd (Accor Hotels) applied on 12 June to wind up Sir Hee International Ltd (Seo Dae Won & Seo Young Hee). The application will be heard in the Auckland High Court on Thursday 14 August at 10.45am.
Building contractor Stuart Dale, of Albany, was adjudicated bankrupt on 25 June. His companies, Fantale Holdings Ltd and Polgara Ltd (trading as Total Housing Construction/Co) went into liquidation last October.
Shainaz Begum Rafiq, of Royal Heights, was adjudicated bankrupt on 25 June. Shainaz Rafiq (also known as Shainaz Ayub) is a director of Trendy Homes/Group Ltd, Delux Developments Ltd, Red Chip Financial Ltd and 2 companies in liquidation, United Painting 1998 Ltd and Acrrue Developments Ltd, with Mohammed Ayub.
Allan Botica, of Beachhaven, director of public relations firm Botica Conroy & Associates Ltd, Waite Ltd and Pooley Investments Ltd, was adjudicated bankrupt on 23 June. Fellow director Denise Conroy was bankrupted in April.
26 June 2003
Gerard Hulst, as liquidator of Ginian Coy Ltd (director Ian Ayson) had 15 other Ayson companies placed in liquidation in the Auckland High Court on 20 June, but didn’t get the liquidation job, which went to the Official Assignee. 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 liquidated last Friday were Altona, Aquarius, Arrow, Beswick, Bolina, Burbank, Cascade, Cardrona, Catalina, Derwent, Gazelle, Gemini, Glanville, Glenvista & Granite Properties Ltd. All these companies were involved in gst refund applications, totalling $2.7 million, relating to residential subdivision & housing. All up, the 265 Ashby/Ayson companies have claimed $65 million in gst refunds.
All other items today are from the 26 June liquidation list at the Auckland High Court.
Applications by Inland Revenue to wind up 4 of Metropolis developer Andrew Krukziener’s companies, filed on 16 May, were adjourned to Thursday 24 July. The companies are AK No 7 Ltd, AK Oriental Ltd, Courthouse No 1 Ltd & Metropolis A Ltd. Lawyer Rob Hucker, for the Krukziener companies, said orders sought were special leave for the defendants to appear, the adjournment, leave for Inland Revenue to file opposition to stay of the proceedings & restraint of advertising, and that there be a restraint on advertising until the next call. Master Hannah Sargisson granted all applications, with the variation that she made an interim order restraining advertising until further order of the court.
Real Estate Investment (Newmarket) Ltd (David John Ward), trustee of the DJW family trust & 4 other Ward companies were wound up on Inland Revenue’s application. The others are Abraham Property Investments Ltd (struck off the Companies Register in December), Shakra Investment Ltd, Zambesi Holdings Ltd & Arthur St Investments Ltd. Grant Graham & Stephanie Jeffreys (Ferrier Hodgson) were appointed liquidators of all 5. 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).
Jacobsen Creative Surfaces Ltd’s application to wind up Kidd Holdings 1988 Ltd (James, Catherine & Maree Kidd) was settled & struck out.
The Auckland Working Men’s Club was wound up on the application of the Registrar of Friendly Societies, after lawyer Warwick Smith explained there was no insolvency, the club had $145,000 in a bank account but no way of dealing with it the way regulations stood, and liquidation was the 1st step towards getting the money disbursed. Arron Heath & Mike Lamacraft (Meltzer Mason Heath) were appointed liquidators.
Real Ltd (in receivership; director Donald Ross) was wound up on Inland Revenue’s application. Grant Graham & Brendon Gibson (Ferrier Hodgson) were appointed liquidators. Mr Ross is also a director of Conifer Grove Ltd and Goldsmith Holdings Ltd.
Susila Investment Ltd (based in level 3 of Krukziener House at 17 Albert St; directors Prasad Phillip & Ravindran Paul Isaac) was wound up on the application of Harts Contributory Mortgages Nominee Co Ltd. The Official Assignee was appointed liquidator. The application was previously adjourned in for advertising of the application & settlement after Susila didn’t comply with an earlier settlement arrangement. Susila had 2 mortgages totalling $3.5 million over 10 units taking part in the Metropolis hotel pool and a penthouse unit, valued at the time of the loans at $5.26 million. 9 of the hotel pool apartments were sold at mortgagee auction last May for $2.6 million.
Inland Revenue’s application to wind up O’Neill’s Point Ltd (Cadell Buss & Michael Hirsch) was settled & withdrawn Mr Buss is also a director of Bacchus Ltd, Nailbyne Ltd, The Playhouse Ltd, The Muddy Farmer Group/Irish Pub Ltd and JJ Hamilton’s Irish Pub Ltd, & Mr Hirsch also a director of The Playhouse, The Muddy Farmer Irish Pub and JJ Hamilton’s
Alliance Construction Ltd’s application to wind up Westnorth Construction Ltd (Dale Wadham) was adjourned to Thursday 17 July after a settlement payment offer was rejected on Monday. The court was told Westnorth needed to consider a 12 June district court costs order. Benchmark Building Supplies Ltd’s application to wind Westnorth up is back in court on 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 â€“ heard 3 months ago â€“ 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.
Broadbeach Construction Ltd (Darryl Greig, Orewa) settled â€“ except for court costs — with Waikanae Kitchen & Joinery Ltd, Paraparaumu. Master Hannah Sargisson struck out the liquidation application, and ordered costs against broadbeach. Mr Greig is also director of Greig Construction & Developments Ltd, in liquidation, and Broadbeach Group Ltd, which was incorporated on 24 April.
Glow Holdings Ltd (Julie Stanaway, also Style Beds & Kitchens Ltd) was wound up on Inland Revenue’s application. Richard Agnew & Vivian Fatupaito (Pricewaterhouse Coopers) were appointed liquidators. Creditors must file claims by Friday 26 September.
24 June 2003
Murray Bain has been appointed assistant governor & head of operations at the Reserve Bank, starting on 11 August. He’s previously held management roles at TrustBank, the Wool Board, Industry NZ and Accident Compensation.
Design Specialty Builders Ltd (Phillip Carswell, Royal Oak) went into liquidation on 19 June, appointing Derek Farrelly as liquidator. Creditors must file claims by Friday 25 July.
FAI Home Security Holdings NZ Ltd went into liquidation on 23 June, appointing Kerryn Downey & Alan Isaac (KPMG) as liquidators. Creditors must file claims by Thursday 31 July. It was part of the Australian FAI Insurance group, most of whose New Zealand companies have been struck off the Companies Register.
A 2nd set of receivers has been appointed to Sugar Bar Ltd, trading as Cardiac (Leo Molloy). The initial appointment was of John Whittfield & Steve Lawrence (McDonald Vague) on 9 June, pursuant to a 1st-ranking debenture. Grant Graham & Michael Stiassny (Ferrier Hodgson & Co) were appointed on 11 June, pursuant to a 2nd-ranking debenture. Mr Molloy established the Cardiac bar in the old South British Insurance ground-floor chamber on the corner of Shortland & High Sts. He previously 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.
Burglary & Fire Protection Systems Ltd (Craig Nagel & Peter Brown, Mt Roskill) went into liquidation on 19 June, appointing Jeff Meltzer & Karen Mason (Meltzer Mason Heath) as liquidators. Creditors must file claims by Monday 21 July.
Boston Road Holdings Ltd (Athole Murray & Antonius van der Laan) has gone into liquidation, appointing John Cregten & Andrew McKay as liquidators. Creditors must file claims by Sunday 27 July. Mr Murray is also a director of Surf Rider Country Club Ltd.