A Business Canterbury board member’s company has gone into liquidation owing an estimated $825,000.
Grant Walker, who sits on the board of the Business Canterbury, is the director of Central Business Admin Limited, which was placed into liquidation on 14 October.
The Christchurch-based company, formerly known as 2BC Holdings Limited and trading as 2B Connected NZ, operated an outsourced call centre from its Riccarton office before ceasing trading on 31 July.
Liquidator Brenton Hunt of Insolvency Matters Limited said the company became insolvent after one of its major clients went into liquidation, putting severe pressure on cash flow.
According to the liquidator’s initial report, staff were terminated and company assets were sold to…