A DIRECTOR’S major health issue and debt of more than $150,000 to Inland Revenue has landed a Dunedin cleaning company in liquidation. Its debt to secured and unsecured creditors, as well as employee claims, was yet to be established. Secured creditors were the IRD and the company’s employees. Unsecured creditors included ACC and a Dunedin online marketing company. However, the report said record obtained disclosed its assets consisted of vehicles, cleaning equipment, intellectual property, client contracts and accounts receivable.

Source: Otago Daily Times June 12, 2022 16:45 UTC