PHOTO: Waiwera Thermal Resort and Spa. Nz Hot Pools
Troubled pool business Waiwera Thermal Resort is in hot water with creditors, owing around $5 million, according to the first liquidators’ report.
Tony Maginness and Jared Booth, Staples Rodway liquidators, have just issued their first report into the failure of the business which once ran the resort visited by tens of thousands of people annually.
Claims are:
• Kiwibank $1.2m;
• Waiwera Group $2.1m
• Unsecured creditors $1.1m
• Inland Revenue $584,841
A creditor applied successfully to the High Court to have the company liquidated and a list of creditors has now been released, showing big entities claiming money including Kiwibank, Inland Revenue, Auckland Council, Vodafone, Watercare Services, Contact Energy, Sky TV, Hirepool, ASB, NZ Crane Hire, NZ Safety, Bidfood, Lowndes Jordan and Genesis.
READ MORE VIA NZHERALD