That's a shame.

Deleted
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That's a shame. Jul 12, 2015 20:11:36 GMT

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Post by Deleted on Jul 12, 2015 20:11:36 GMT

Celebrity chef Jo Seagar's North Canterbury cafe and cook school is in liquidation.

Seagars at Oxford closed Friday. A sign on the door read: " Winslow Trading Company Ltd, operator of Seagar Cafe, Cook School, Kitchen Store and B&B has been placed in liquidation."

Jo Seagar and her husband, Ross, are joint directors of Winslow Trading Company Ltd.

"Like many small businesses in Canterbury we have struggled to survive post-earthquakes. We would like to thank people for their wonderful support. It's been a great 10 years and we have made some wonderful lifelong friends," Seagar said on Sunday.

www.stuff.co.nz/business/industries/70166057/celebrity-chef-jo-seagars-cafe-and-cook-school-in-liquidation

catweasel Global Moderator Posts: 3,142	That's a shame. Jul 12, 2015 20:20:11 GMT Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by catweasel on Jul 12, 2015 20:20:11 GMT yeah i was reading about that this morning it is a shame im not sure the earthquake should get all the blame
	i used to do a lot of drugs i still do but i used to too.

shy Moderator Posts: 120	That's a shame. Jul 12, 2015 22:22:00 GMT Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by shy on Jul 12, 2015 22:22:00 GMT Earthquake probably didn't help, but I think she diversified too much. She did food tours to Italy and stuff didn't she?? Maybe a champagne diet on a beer budget?
	Be worried if I'm quiet.

missyaggravation Full Member Posts: 1,471	That's a shame. Jul 12, 2015 22:57:53 GMT Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by missyaggravation on Jul 12, 2015 22:57:53 GMT That was a neat wee cafe. What a shame alright.

catweasel
Global Moderator

Posts: 3,142

That's a shame. Jul 12, 2015 23:09:38 GMT shy likes this

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Post by catweasel on Jul 12, 2015 23:09:38 GMT

Jul 12, 2015 22:22:00 GMT shy said:

Earthquake probably didn't help, but I think she diversified too much.
She did food tours to Italy and stuff didn't she??

Maybe a champagne diet on a beer budget?

i reckon there might be
a note of truth in there shy
diversified way to quickly
perhaps didnt research her market
that well?
the cooking school gardens cafe book writing
promotions tv appearances might have just been a tad
overkill

its often the successful revenue stream
supporting the less lucrative streams
ie the cafe making money their other businesses not
bleed cafe dry

i used to do a lot
of drugs
i still do
but i used to
too.

Imbannedeverywhere
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Posts: 3,470

That's a shame. Jul 13, 2015 9:44:25 GMT

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Post by Imbannedeverywhere on Jul 13, 2015 9:44:25 GMT

I just read another article, and it says that the business only debt that it has got behind on, is the IRD debt.

Sounds to me, that if she got a good focused management accountant in, they could quite easily trade out, with the required payment plan to IRD.

She said the business doesn't owe any money to suppliers, or local businesses.

www.tvnz.co.nz/one-news/new-zealand/-it-s-tough-celebrity-chef-jo-seagar-laments-liquidation-q01217.html

Last Edit: Jul 13, 2015 9:44:53 GMT by Imbannedeverywhere

Keep your sense of humour, my friend; if you don't have a sense of humour it just isn't funny anymore

Deleted Deleted Member Posts: 0	That's a shame. Jul 13, 2015 9:46:17 GMT Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by Deleted on Jul 13, 2015 9:46:17 GMT Then there is probably more going on than has been released to the press. If it is only unpaid Tax, then yeah they should be able to sort some form of repayment.

catweasel
Global Moderator

Posts: 3,142

That's a shame. Jul 13, 2015 16:15:40 GMT Imbannedeverywhere likes this

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Post by catweasel on Jul 13, 2015 16:15:40 GMT

i saw that tv interview
a huge tax bill
but it doesnt really matter who is owed
because clearly
the local vendors and suppliers
got paid first
the business is still in arrears

imo she and her husband
made a wise choice to call in liquidators
if you work your ass off
and still end up in the hole
then you are wasting time

sometimes its better to cut your losses
before it completely consumes everything
most people dont recognise this
until they lose their house and savings

i used to do a lot
of drugs
i still do
but i used to
too.

Post by Deleted on Jul 12, 2015 20:11:36 GMT

Post by catweasel on Jul 12, 2015 20:20:11 GMT

Post by shy on Jul 12, 2015 22:22:00 GMT

Post by missyaggravation on Jul 12, 2015 22:57:53 GMT

Post by catweasel on Jul 12, 2015 23:09:38 GMT

Post by Imbannedeverywhere on Jul 13, 2015 9:44:25 GMT

Post by Deleted on Jul 13, 2015 9:46:17 GMT

Post by catweasel on Jul 13, 2015 16:15:40 GMT

Shoutbox