Libelle director raised insolvency concerns with liquidators on Thursday

The school lunch programme has been mired in difficulties since its revamped version started this year, with Libelle cooking most of the meals. (Image: NZME)

Cécile Meier

Tue, 11 Mar 2025

Libelle Group's director first approached liquidators with insolvency concerns on Thursday – the same day a meal from the School Lunch Collective it is part of caused a student second degree burns.Deloitte's David Webb who, with Robert Campbell was appointed liquidator on Tuesday morning by shareholders of the company, told BusinessDesk the director approached Deloitte on Thursday evening to discuss concerns around the solvency of the company.A "number of issues" tipped the business into liquidation, Webb said.Solution s...

Subscribe to BusinessDesk

Stay informed on business, government and financial developments across New Zealand.

Deeply researched, twice-edited and fact-checked news
Annual subscribers also receive a complimentary subscription to The Wall Street Journal
Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers

You can cancel anytime.

We are serious about journalism.

Already a Subscriber ? Sign in here.

Name {{ registerForm.errors.get('name') }}

Email address {{ registerForm.errors.get('email') }}

Phone Number {{ registerForm.errors.get('phone') }}

Job Title {{ registerForm.errors.get('title') }}

Password Minimum password length of 8 characters.
Require at least one upper and lowercase, numeric, and special character. {{ registerForm.errors.get('password') }}

Repeat password {{ registerForm.errors.get('password_confirmation') }}

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Credit Card

Cardholder's name

{{ __(plans[index].name) | capitalize }} {{ plans[index].attributes.old_price | currency }} {{ plans[index].price | currency }}

All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service

{{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}

Markets Market Close

NZ sharemarket up over 1% after Greenland 'solution'

The S&P/NZX 50 Index closed at 13,556.87, up 139.70 points or 1.04%.

Graham Skellern 22 Jan 2026

Markets

Gas matters as hydro improves for Contact and Genesis

Contact reported a sharp drop in forward prices as hydro storage rose.

Ian Llewellyn 22 Jan 2026

Gas matters as hydro improves for Contact and Genesis

The Quiz Free

QuiznessDesk, Thursday, Jan 22

Can you get a perfect 10?

The Quizmaster 22 Jan 2026

Sponsored

Generative AI will disrupt 90% of jobs - what it means for the future of work

Here’s what that means for the future of work in New Zealand.

Cognizant

Sponsored

AI is only as good as its data foundation

NZ leaders explain why clean, connected data drives AI value.

Cognizant

More Services

Economy

Services grow for first time in two years.

The services sector has experienced an expansion for the first time since February 2024, according to the latest BNZ–BusinessNZ Performance of Services Index.The Performance of Services Index (PSI) for December was 51.5 (a PSI reading above 50.0 indicates that the service sector...

Staff reporters 20 Jan 2026