A company directed by a prominent Tasmanian harness racing trainer has gone into liquidation with significant debt, owing creditors more than $735,000.
Australian Securities and Investments Commission (ASIC) documents show Ben Yole Racing changed its name on October 14 to Zen 12 Tivo Pty Ltd and appointed liquidators, Adrian John Warry and Nicholas Giasoumi from Melbourne company, Dye and Co Pty Ltd in October.
In a report lodged with ASIC, Mr Yole declared the company had no real estate or equipment, but did own motor vehicles.
He said the company was not owed money, but owed superannuation to its employees to the sum of $6,156.02.
The documents show the company’s main creditor was Tasmanian business acquirer Stephen Wyles, who was owed…