Timaru plumbing and building contractor GFY Ltd has gone into liquidation by a court order owing Inland Revenue (IRD) about $915,000.
The company folded because of a failure to provide for taxation.
The official assignee from the Insolvency and Trustee Service was appointed as liquidator on June 12 after the IRD initiated proceedings in the High Court at Christchurch.
The business was registered in 2019. Murray Bartlett is named by the NZ Companies Office as the sole director and shareholder.
In the first liquidator’s report, the official assignee said the director would be interviewed and company records obtained to determine GFY’s assets and liabilities.
“The liquidator will complete a full investigation into the company…