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SOCIETY FOR PROMOTION OF COMMUNITY STANDARDS INC.

Companies Office – Registries Integrity and Enforcement

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The Registries Integrity and Enforcement Team (RIET) are part of the Companies Office. Its  role is to ensure the integrity of the registers that are administered by the Companies Office, by proactively monitoring their use.  RIET primarily acts by seeking compliance or preventing misuse but, where appropriate, it prosecutes offences on behalf of the Registrar of Companies – Mandy McDonald.

Companies Office enforcement guidelines dated 1 July 2013 can be located at:

http://www.business.govt.nz/companies/about-us/enforcement/policy-guidelines#register-integrity

An example of non-compliance is the case of a company director(s) who persistently fail to ensure company Annual Returns are filed on time. Non-compliance can lead to prosecution and/or a company being struck off the Register of Companies by the Registrar.

Overdue Company Annual Returns

Two New Zealand registered companies with the same registered offices in Building B 14-21 Triton Drive, Rosedale North Shore City, Auckland are currently overdue in filing their annual returns.

435 Devon Limited (Co. No. 1951732) – Overdue Annual Return !!!

Registered Office and Address for Service:

2b / 18 Triton Drive, Rosedale, North Shore City, 0632, New Zealand

Company director David Bruce Crow last filed an annual return on 25 April 2012 almost two years ago !

The latest entry on the Companies Office website states:

“This company is now overdue in its obligation to file an annual return. If the annual return is not filed immediately the Registrar will initiate action to remove the company from the register.

“The Registrar of Companies is satisfied that this company has ceased to carry on business and has initiated action to remove the company from the register. Public notice has been given and the objection period has lapsed. The Registrar will continue with the removal process.”

It would appear that 435 Devon Ltd is being pursued by the IRD for unpaid tax, and by other creditors, and for this reason has not been struck off the register following publication of a Notice of (intended) removal by the Registrar. The majority shareholder in the company is banned company director Stephen Peter Crow who owns 50% of the shares. His residential address for his shareholding was recorded by director David Bruce Crow on the Companies website on 25 April 2012 as 14/31 Greenlane East Road, Remuera, Auckland, 1050, New Zealand. The remaining shares are owned by Steve’s brother, David Bruce Crow, (10%), and David’s wife – Carolyn Rose Crow (40%) – both of 85 Quail Road, Kaukapakapa, 0984, New Zealand.

The company was co-directed by Stephen Peter Crow from 25/02/08 to 12/11/08.

CVC Group Limited (Co. No. 1738154) – Overdue Annual Return !!!

Registered Office (since 3 Sept. 2009)
2b 14-22 Triton Dr, Albany, Nsc, 0632 , New Zealand

Formerly directed by Steve Crow (ceased 15/05/10) and John M Carr (ceased 31/10/13)

Current sole director is Raymond Sydney Corban Simpson (appointed 02/10/13 and took over from John Malcolm Carr on 31/10/13).

(On 14 October 2013 Stephen Peter Crow recorded on line that Raymond Sydney Corban SIMPSON had been appointed as a second director of CVC Group Ltd, effective 2 October 2013. Then on 9 November 2013 Crow recorded that John M Carr had ceased being director of CVC Group Ltd on 31 October 2013).

CVC Group Ltd is 43.38% owned by HWGA Company Ltd, directed by David Bruce Crow and his sister Leanne Marie Osborn (both hold 50% each of all HWGA shares). CVC Group is 39% owned by Velocity Partners Ltd owned and directed by John Malcolm Carr. Stephen Peter Crow has filed all its documents for CVC Group on the Companies website over recent years. HWGA Company, like CVC Group, has its registered office at 2/18b Triton Drive, Albany, Auckland 1025, New Zealand.

It would appear that CVC Group Ltd has now been ‘stripped’ of all its share assets – it no longer holds any shares in any other companies. All the companies it once owned have been  either sold (e.g. Triton Distribution), put into liquidation (e.g. Eden Digital) by their directors, or struck off the register for failure(s) of director(s) to file annual returns.

See: http://www.business.govt.nz/companies/app/ui/pages/individual/search?q=CVC%20GROUP%20LIMITED&roleType=SHR

CVC GROUP LIMITED

On 9 December 2013 banned director Stephen Peter Crow filed a document on the Companies Office website recording that the owner of Triton Distribution Ltd, CVC Group Ltd, had transferred all of its shares in Triton to HWGA Company Ltd (Co. No. 551946), a trustee company in which he appears to have beneficiary interests. As noted HWGA, like CVC Group, Aands, and Triton, also has its registered office at 2/18b Triton Drive, Albany, Auckland 1025, New Zealand. (At the time of the share transfer, HWGA Company owned 40.38% of the shares of CVC Group and it still does today).

Then on 21 February 2014 Stephen Peter Crow recorded on line that all these shares had been transferred from CVC Group Ltd to Velocity Partners Ltd, the latter directed by John Malcolm Carr. Velocity Partners has its registered office at Unit 13, 33-35 Apollo Drive, Rosedale, Auckland, 0632, New Zealand.

It is unclear from Companies Office records whether or not Mr John Malcolm Carr was director at the time his company Velocity Partners purchased Triton Distribution from HWGA Company Ltd. The Companies Office Act 1993 only requires all share that took place in the financial year, to be recorded in the annual return.

If either company director – Raymond Sydney Corban Simpson or his authorised agent fails to file the 2014 annual return for CVC Group Ltd soon, the Registrar is required by law to publish a Notice of intention to remove the company. Potential creditors such as the IRD will have 20 days to lodge an appeal to such a removal, allowing them to pursue any unpaid company debts. 

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