Dunedin's Thrive Homes Ltd goes into liquidation after 12 months

Dunedin's Thrive Homes Ltd goes into liquidation after 12 months

A Dunedin building company that operated for only 12 months went into liquidation owing nearly $170,000, a liquidator’s report says.

Thrive Homes Ltd was placed in liquidation by the High Court at Dunedin in October following an application from unsecured creditor Trademax NZ Ltd.

Trevor and Emma Laing, of Trevor Laing and Associates, were appointed joint liquidators and the pair have released their first six-monthly report.

Campbell David Romeril, of Port Chalmers, was listed on the Companies Office website as the sole shareholder and director of Thrive Homes.

The report found the company owed a total of $167,938, of which $62,463 was owed to Inland Revenue and $101,358 to unsecured creditors.

The remaining amount was for petitioning creditor costs.

Dunedin's Thrive Homes Ltd goes into liquidation after 12 months

Cam Romeril. Photo / Peter McIntosh

The company’s total assets were yet to be established but there was some plant and equipment stored in several locations, the report said.

Investigations into the value of those items and arrangement for collection were continuing.

The liquidators had become aware of several disputes relating to the company and its director’s activities.

”It is clear from initial inquiries that further investigation is required into transactions undertaken by the company,” the report said.

It was too early to predict if enough money would be available to make a dividend payment to unsecured creditors. However, the level of preferential debt and the assets available indicated that it was unlikely, the report said.

Romeril was also a shareholder and the sole director of Seaview Cottage Construction Ltd, which was also in liquidation. According to Seaview’s six-monthly liquidator’s report last month, it owed $738,000 to creditors.

The liquidation was expected to be completed within the next 12 months.

Romeril has been approached for comment.

News Related

OTHER NEWS

The Country - Shock edition

Today on The Country, Jamie Mackay accused Central Hawkes Bay farmer Jeremy Rookes of being a rural shock jock. On with the show: Christopher Luxon: In his first appearance on ... Read more »

Covid 19 coronavirus: Person admitted to Hawke's Bay Hospital for Covid treatment

One person has been admitted to Hawke’s Bay Hospital for treatment of symptoms from Covid-19. A Hawke’s Bay DHB spokeswoman said the person did not require intensive care and that ... Read more »

Golf: Red-hot Lydia Ko fires into the lead at the Gainbridge LGPA after strong first round

Lydia Ko has rocketed to the top of the leaderboard at the Gainbridge LPGA event in Florida after a red-hot opening round. The Kiwi world No 3 shot a blemish-free ... Read more »

Covid chance to explore more creative endeavours

Covid-19 restrictions have literally played right into Kathy Murray's creative hands. Read more »

Four injured after two-car crash near Levin

Four people have been injured after a two-car crash near Levin. A police spokesperson told the Herald they are attending the crash at the intersection of Opiki Rd and Makerua ... Read more »

Covid 19 Omicron: Māori health leader calls for targeted strategy

Māori health leaders say something needs to be done to close the Covid-19 vaccine gap for Māori. With a growing number of community cases of Omicron, health providers are finding ... Read more »

The Spinoff: Is it time to ask your boss for a pay rise?

With inflation at a three decade high, New Zealanders face another year of shrinking pay cheques as costs soar, Justin Giovannetti writes. Inflation is soaring around the world and NZ ... Read more »

From the MTG: Celebrating the Chinese New Year

If you are gifted an ornate red packet, sometimes embellished with shiny golds and inscribed with the characters pinyin: Xīn Nián Kuài Lè), you must first thank the giver, take ... Read more »

Taradale Primary School teachers learn mindfulness techniques to help kids cope as Covid bears down

Taradale Primary School is bracing for Omicron to arrive in Hawke’s Bay as kids return to school, and is trying to make the first few weeks in the classroom a ... Read more »

Scott Morrison addresses Grace Tame controversy at Australia Day event

Australian Prime Minister Scott Morrison has broken his silence on the Grace Tame controversy, suggesting she’s had “a terrible life” but that he will always greet guests with a smile. ... Read more »

Covid 10 Omicron outbreak: Short notice bus cancellations likely as Omicron spreads

Short notice cancellations to Baybus services are anticipated as Omicron spreads in the community, the Bay of Plenty Regional Council warns. Bus services continue to operate as normal but the ... Read more »

Tennis: Nick Kyrgios blasted over hypocritical outburst at Australian Open

Nick Kyrgios and Thanasi Kokkinakis may have set up a dream all-Australian men’s doubles final — but it came after an ugly tantrum that sparked outrage from the tennis world. ... Read more »

Covid 19 Omicron outbreak: Positive case visited Far North marae for tangihanga

A Far North marae visited by a person positive with Covid-19 had strict protocols in place to mitigate the risks posed by the virus. Wainui Marae, around 24km north of ... Read more »

Driverless, low-emissions tractor in development for NZ orchards

An innovative, low-emissions, driverless tractor able to perform up to three tasks at once is on the cards for New Zealand orchards. The prototype tractor aims to transform the productivity ... Read more »

Travel time restrictions removed for Waikato SuperGold cardholders

The removal of travel time restrictions on buses and trains will be a game changer for Waikato’s ageing communities using their SuperGold card concession. From February 1, free travel will ... Read more »

Covid 19 Omicron: Supermarket veggie supplier anxious after Covid tests seized

A supermarket vegetable supplier says it is among companies fearing the Omicron outbreak could wreak havoc on its output now it can’t get access to rapid antigen tests (RATs). Morgan ... Read more »

Focus Sport: RJ Hampton reflects on his time with the Breakers

NBA star RJ Hampton reflects on his time playing for the NZ Breakers. Video / NZ Herald Read more »

'Continued upward trend': Where in Auckland rent is rising the fastest?

Auckland rents showed a “continued upward trend”, rising fastest for one-bedroom places and particularly in the south and west, a property management business says. Barfoot & Thompson, which manages more ... Read more »

Covid 19 MIQ: Mum's managed isolation complaint goes viral

A mum with two young children has been savaged online after sharing a complaint about her treatment in managed isolation. Returning from a trip to Australia, she was faced with ... Read more »

Covid 19 Omicron outbreak: Today's cases, has Soundsplash become a super-spreader event?

As Omicron surpasses Delta as the dominant variant revealed in New Zealand’s daily Covid-19 numbers, all eyes will be on today’s latest figures to see if the trend continues. The ... Read more »

Travel inspiration: Where Robyn Malcolm loves to holiday in New Zealand

The much-loved Kiwi star reveals her favourite NZ holiday destinations What are your favourite memories from childhood family holidays in NZ? Every year we travelled in the big white family ... Read more »

What does 'flight attendants arm your doors' mean? Door ripped off BA flight

The door of a British Airways flight was ripped clean off at Cape Town International Airport, Yesterday. The incident, which is being blamed on a ‘breakdown in communication’, resulted in ... Read more »

The summit of Mokoia falls to musket power - Ka tanuku kai raro te tihi ki Mokoia

“With the morning sun we will attack.” Read more »

TVNZ host Hilary Barry's awkward homemade gift for Seven Sharp co-host Jeremy Wells

Togs, togs .. undies, undies … crocheted Speedos? Hilary Barry likes to get creative when it comes to Christmas gifts for her colleagues – and the Seven Sharp presenter has ... Read more »

Tauranga CBD greeting card store closes after 18 years

Allen Hickson will close the doors to his greeting card store in Tauranga’s CBD after nearly two decades. Hickson has been the smiling face behind the counter of the Piccadilly ... Read more »

Kāhu ki Rotorua:The summit of Mokoia falls to musket power - Ka tanuku kai raro te tihi ki Mokoia

Public Interest Journalism funded through NZ On Air Click here for English translationKa karangatia nuitia a Hongi, ” Mō te atatū tātou ka haere!”. Nō te ata awatea ka puta ... Read more »

Demolition team at Tauhara College

During the summer holidays 2021/2022 the water damaged classrooms and teaching areas at Tauhara College were pulled down, following on from a catastrophic downpour in November 2020. Video / Rachel ... Read more »

Covid 19 Omicron outbreak: Students stuck in New Zealand flooding job market

Two years of border unpredictability, expensive flights and the risk of catching Covid and being stuck overseas has meant most young Kiwis have put their OE on the shelf. But ... Read more »

Kāhu ki Rotorua: RuaTawhai - The teen who helped broker peace between two tribes

Public Interest Journalism funded through NZ On Air Click here for English translationKoia ko rātou ngā tamariki manioro kukume panekoti me ngā pātai rau ka makere i te waha, nā ... Read more »

Focus Live: Auckland light rail to slash CBD-airport travel time

The Government has chosen its preferred option for a new mass transit service from the city centre to Māngere. It's a light rail line that will run in tunnels all ... Read more »

Fire restrictions in place for Ruapehu after spike in vegetation fires

The Ruapehu district has moved into a restricted fire season from today. Fire and Emergency New Zealand’s acting Whanganui-Manawatū district manager Aaron Summerhays said recent rain had not reduced the ... Read more »

Covid-19 Omicron outbreak: Auckland Airport plans for 25 per cent of staff off work

Auckland Airport is planning around losing up to a quarter of its staff during the Omicron outbreak. The airport says it was working on a scenario allowing it to remain ... Read more »

Hawke's Bay deer farm part of national project involving over 2000 farms

A Hawke’s Bay deer farm is taking part in a Ministry for Primary Industries-funded project providing a national snapshot of farm performance. The four-year project is bringing together detailed physical/production, ... Read more »

Olympics: Dame Lisa Carrington awarded prestigious Lonsdale Cup for third time

By RNZ Six-time Olympic medallist Dame Lisa Carrington has been awarded the Lonsdale Cup for 2021, the New Zealand Olympic committee’s top award. Carrington is Aotearoa’s most decorated Olympian and ... Read more »

Why Pamela Anderson 'won't be watching' Pam and Tommy series about infamous sex tape scandal

Pamela Anderson says she won’t be tuning in to the new series about her and ex-husband Tommy Lee. “She had no involvement whatsoever,” a source close to her says, reports ... Read more »

North Canterbury horse trainer Paul Harris charged by Racing Integrity Board over animal welfare concerns

A leading New Zealand horse trainer has denied allegations of animal cruelty after the death of one of his racehorses. Canterbury trainer Paul Harris was investigated by the Racing Integrity ... Read more »

Friends of Christchurch homicide victim Juliana Cayena Bonilla-Herrera on phone to police when they found her body

Concerned friends of a 37-year-old Colombian woman were on the phone to police when they found her dead inside her Christchurch home. Colombian woman Juliana Cayena Bonilla-Herrera was allegedly murdered ... Read more »

Record limit? Drunk Raglan man accused of blowing nearly 10x blood alcohol limit

A Raglan man has allegedly registered one of the highest blood alcohol limits in New Zealand. The 30-year-old mechanic was stopped on Main Rd on January 21 when he returned ... Read more »

Solo climber Charles Dubouloz conquers Grandes Jorasses

Charles Dubouloz spent six days and five nights enduring -30C temperatures as he journeyed up the 4,208-metre-high Grandes Jorasses in the Mont Blanc massif. Upon reaching the top, the 32-year-old ... Read more »

Covid 19 Omicron: Outbreak may leave rural hospitals precarious staffing levels

By Rowan Quinn of RNZ Rural communities could be left without local medical services for a time when Omicron hits. Staffing is precarious in many small towns – and doctors, ... Read more »
On free-english-test.com you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic