ExecuTrain goes into voluntary liquidation

As PC supplier Tech Rentals was initiating the winding-up of ExecuTrain, the training company has gone into voluntary liquidation.

Training company ExecuTrain is understood to have gone into voluntary liquidation, forestalling a winding-up order served on it by its computer supplier, Tech Rentals.

Tech Rentals last week repossessed PCs from ExecuTrain’s Wellington and Christchurch offices, and was seeking to have the company wound up in a bid to recover a claimed five-figure sum owed to it.

"We'll obviously now be approaching the liquidator to see what funds are still in the company," says Tech Rentals Wellington manager Colin Charles.

Tech Rentals’ Auckland-based managing director, Roger Carter, said last week the company began winding-up proceedings when ExecuTrain fell behind in payments for PCs.

“ExecuTrain had the PCs on a payment plan that it failed to keep to,” says Carter.

Carter says ExecuTrain had changed its name. The signage on the ground floor (below) of its Wellington premises reads “Knowledge NZ (formerly trading as ExecuTrain NZ)”.

However, Computerworld has heard from the partner of a redundant ExecuTrain staff member that the Knowledge NZ name is already defunct, and that the company’s Sydney-based owner, John Threlfall, has begun a new company, Education Trading Partners.

The US-based managing director of master franchise holder ExecuTrain Corporation in the US, John Peddar, said last month it had withdrawn the franchise from Threlfall, who therefore had no right to use the name (see ExecuTrain disputes troubles).

Computerworld visited the Wellington office last Wednesday and asked to speak to Anne Kirby, the Sydney-based ExecuTrain general manager brought over to New Zealand, apparently to set the company’s affairs in order. We were told she was “in meetings for the rest of the day” and that she would telephone after 5pm, but no call was received.

The receptionist at the premises declined to provide a current telephone number, and attempts to reach staff on the last known number were unsuccessful.

Kirby wasn’t at the office when Computerworld paid a return visit on Thursday morning.

Companies Office records reveal no registration of ExecuTrain or Knowledge NZ. Threlfall’s company, Binyl Pty, allegedly the former holder of at least some of the ExecuTrain franchises in New Zealand, is still registered here. There are records of an ExecuTrain of Australasia, struck off the register in September 1995 and an ExecuTrain (Auckland), struck off in August 1999. Threlfall’s name does not appear among the directors of either company.

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