Pihama and Bowker visited the business on the date of their appointment, where they learned the employees had not been made aware of the liquidation.
The pair considered the option of continuing to trade the business.
However, because of insufficient funds in the company’s bank account and unresolved issues with its alcohol trading licence, they were unable to continue operating the business.
Since the business was placed into liquidation, Pihama and Bowker have received offers from interested parties to acquire the cafe as a going concern.
The pair are currently reviewing the terms and conditions of these offers before making a decision, but have communicated their intention to sell the cafe as a going concern to trade creditors.
“Some…