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Eleven daycare centre companies liquidated: licences cancelled, prosecution over tree


Eleven daycare centre companies liquidated: licences cancelled, prosecution over tree
18 Dec, 2020 04:41 AM
4 minutes to read
The fallen tree at one of the centres in Newmarket. Photo / Cherie Howie
Eleven Auckland daycare or early childcare centre companies are in liquidation after licences were cancelled by the Ministry of Education and a WorkSafe prosecution after a tree toppled on toddlers.
Rising debts due to fines,
falling numbers of children attending after the state s action and staffing issues were all said to be reasons for the failure of the business with the centres throughout Auckland.
Licensed insolvency practitioner Pritesh Patel of Patel & Co has been appointed. A report is due to be issued on the liquidations shortly. ....

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Eleven Discoveries Educare businesses placed into liquidation, more being assessed


Liquidator Pritesh Patel said the incident and the fine that followed were damaging to the business.
Further bad press around inadequate staff resourcing exasperated an already bad public relations problem the company had and customer numbers began to fall, he said.
The Ministry of Education cancelling licences also affected the business and to top it off the company had inadequate operating infrastructure in place, he said.
“They were expanding too fast without having the proper controls in place,” Pritesh said.
It was still being determined what creditors were owed, he said.
There would be minimal redundancies because most centres were already in a state of hibernation, he said. ....

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