“Various parties have expressed an interest in purchasing the company’s business … with further information likely to be provided in our next statutory report.”
ASB is the secured creditor, holding a general security agreement, but no monies owed were provided in the report.
Inland Revenue is owed $141,635.90 and 18 unsecured creditors are owed $517,382.91.
Employee claims were still being determined.
Unsecured creditors include Anchor Milk Canterbury, Law Debt Collection, New Zealand Couriers – Timaru, Meridian Energy and Foodstuffs South Island.
The liquidator didn’t provide an estimate of the company’s assets, which include stock and plant and equipment.
Companies Office records show Donald and Lisa Templeton are directors…