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 Bakery’s creditors left to pick up the crumbs 

Bakery’s creditors left to pick up the crumbs

04 Jul, 2010 06:09 PM
DOZENS of Orange small business owners may never see the thousands of dollars they’re owed after the collapse of a high profile local business.

An administrator was appointed late last week to determine the future of Anna’s Cuisina, a McLachlan Street gourmet commercial bakery that owes $2.05 million to 57 various creditors.

Anna’s Cuisina director Anna Peters owes $27,871 in wages and $12,608 in superannuation to 23 employees, including herself.

The biggest creditor, Firkin Holdings Pty Ltd, is owed $1.64 million.

North Sydney based director John Firkin declined to comment when contacted by the Central Western Daily on Friday.

The relationship between Anna’s Cuisina and Firkin Holdings is unclear.

The next largest creditor, the Australian Taxation Office, is owed nearly a quarter of a million dollars.

Ms Peters also declined to comment when contacted late last week.

Other creditors include Central West Community College ($8768), disability services provider Wangarang Industries and tourism promotional body Taste Orange ($1095). Dozens of other suppliers, many local, are owed amounts ranging from $78 to $14,573.

The owner of the McLachlan Street premises the business operated from is owed $4212 in unpaid rent.

The business also has outstanding credit card debts of $27,800.

Several creditors contacted by the Central Western Daily have expressed doubt they will receive their outstanding monies in full.

Ms Peters relocated the business from Sydney to Orange in 2006.

Since then, she has been a significant player in the local food tourism industry.

Administrator Cliff Sanderson could not be contacted but has not yet decided whether to continue trading the business or not.

He will meet creditors in Orange on Wednesday where he’s expected to have received more information about the value of the company’s assets and liabilities.

bevan.shields@rura lpress.com

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This is a worry for the local businesses. I trust this resolved and a new tenant takes the space occupied by Anna's Cuisina.
Posted by Dwight Walker, 5/07/2010 3:27:18 PM, on Central Western Daily

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COOKING UP A STORM: Anna Peters, the director of Anna’s Cuisina, an Orange business that has entered into administration with debts of over $2 million.
COOKING UP A STORM: Anna Peters, the director of Anna’s Cuisina, an Orange business that has entered into administration with debts of over $2 million.

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