Larissa Logan, the director of Fixity Limited, has issued her first liquidator’s report following the closure of educational travel company Actura NZ.
Numerous east Auckland families are out of pocket more than $10,000 each after Actura Australia went into liquidation in June, followed by its New Zealand business shutting down in July.
It ran trips for school pupils to locations including NASA in the United States and Australia’s Great Barrier Reef.
According to the NZ Companies Office website, Actura NZ’s director is Tin Chung Chung of New South Wales, Australia.
Logan’s first liquidator’s report lists Inland Revenue and three individuals as preferential creditors.
Inland Revenue’s proof of debt filed in liquidation is $75,827.
Inland Revenue, ACC, Westpac, and hundreds of individuals are listed as unsecured creditors with $3,590,471 the amount claimed.
Logan recently said she’s dealing with “a number of statutory matters including making contact with the [company’s] director”.
“The director has advised the New Zealand entity has ceased trading and all employees in New Zealand were terminated when the Australian entity went into liquidation.
“The director also confirmed there are limited assets in New Zealand, all with a negligible value.
“It’s too early for us to assess the current position, until we have more information, which we have requested from multiple stakeholders.”
Logan said she understands there may be more than 270 New Zealand creditors impacted.
“Part of my role as liquidator will be to investigate the affairs of the business including what has led to the insolvency of the business and whether there are any recoveries for the benefit of creditors.
“The investigation will take time, whilst we get access to the company’s books and records.
“If any creditors have information that would benefit these investigations, we would ask this information is provided to the liquidator.”
