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Ponsonby Restaurant SPQR Liquidated Amid $2.3 Million Debt

4/14/2026

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Summary

Story summary

SPQR Ltd, a Ponsonby Rd restaurant, is being liquidated after financial mismanagement and creditor defaults.
The company owes about $2.3 million, with Inland Revenue the largest creditor at over $1 million.
Liquidators sold assets for $26,304.35 and found that further distributions are unlikely.
Former owner Chris Rupe was declared bankrupt after failing to repay debts.
Bronwyn Payne and Jess Payne will take over the site and reopen it as Jacuzzi.

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Story summary

SPQR Ltd, a Ponsonby Rd restaurant, is being liquidated after financial mismanagement and creditor defaults.
The company owes about $2.3 million, with Inland Revenue the largest creditor at over $1 million.
Liquidators sold assets for $26,304.35 and found that further distributions are unlikely.
Former owner Chris Rupe was declared bankrupt after failing to repay debts.
Bronwyn Payne and Jess Payne will take over the site and reopen it as Jacuzzi.