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Chapel Bar & Bistro goes into receivership

Monday, 1 July 2024

Chapel Bar & Bistro on Auckland’s Ponsonby Rd has gone into receivership.
Chapel Bar & Bistro on Auckland’s Ponsonby Rd has gone into receivership.

Chapel Bar & Bistro on Ponsonby Road, went into receivership last week.

Three years ago another business that was originally behind Ponsonby Road’s Chapel Bar, The Red Heads, went into liquidation.

A popular Auckland bar has gone into receivership following the failure to pay a loan worth hundreds of thousands back to its co-owner.

Chapel Bar & Bistro on Ponsonby Road, which opened in 2005, went into receivership last week according to documents on the Company Register.

Digby Noyce was appointed receiver of Ponsonby Road Holdings by Kyle David Anderson and Deborah Anderson, the sole director and major shareholder of the company.

Noyce, who has been contacted for comment, told The Herald, that the loan was made by the duo to the company but was unable to be paid back.

Food inflation, staff shortages, soaring interest rates, and patchy customer demand are all pushing hospitality into survival mode.

He said the loan was “fairly substantial” but would not provide the exact figure, which was in the hundreds of thousands.

Three years ago another business that was originally behind Ponsonby Road’s Chapel Bar, The Red Heads, went into liquidation.

According to the Companies Office, Kyle Anderson and Craig Anderson are 45% shareholders of the company, which launched in 2020. Luke and Amanda Dallow have 5% of shares each.

Craig Anderson was a director until late last year.

Documents show Craig Anderson was the director of Pitt Street Holdings Limited, which had been trading as a bar and restaurant under the name Pitt St Pub in Auckland Central, which went into liquidation earlier in the year. Kyle Anderson was a former director and shareholder.

Kyle Anderson is also the current director of Holy Hop in Auckland’s Kingsland, which is in liquidation owing more than $300,000.