Liquidations

Gone are the Waikato River Explorer’s floating cafes and scenic cruises from Hamilton, leaving a hole in the city’s tourism scene and the jetties bare as the company is liquidated.

Operators are among the creditors but the company has $147k in assets, including $132k in cash, according to the liquidators’ report.

After more than 50 years of operating, the company files for voluntary liquidation citing NZ’s border rules as the last straw.

Blenheim-based Diamond Hostel Limited has gone into liquidation.

Ticketing and venue management service company Ticket Rocket’s debts have surpassed $8.3m, according to the joint receivers and liquidators who are trying to sell the business.

Creditors of Whyte Waters Group are owed more than $1.68m, according to the first joint liquidators’ report.

More than 1000 unsecured creditors are listed in the first liquidators’ report.

STA Travel (NZ) Limited has been placed in liquidation following a creditors’ meeting on Monday 28 September, where it was estimated the company owed about $11m.

A former staffer of STA Travel NZ has queried media reports, prompting the voluntary administrators to clarify aspects of the first creditors’ report.

The firm owned Real Time Booking Systems Limited and Queenstown Visitor Guide Limited, both of which have also gone into liquidation.

The coach tour company involved in a crash that saw 20 Chinese visitors injured, two of them severely, has gone into liquidation.

Booking.com is the largest creditor of Auckland company Viaduct Harbour Resort 2019 which has been placed in liquidation.

The owner of the Mokai Gravity Canyon has placed the company in liquidation but remains hopeful that it will eventually attract a buyer.

Prospective buyers have approached the liquidator of Heli Tours Queenstown after the business went bust this week.