Business, Community

Hope after company collapse

Rose Built Homes office in the Blenheim CBD. Photo: Matt Brown.

A young Blenheim couple who faced losing their first home after the collapse of a building business has been thrown a lifeline.

Anastasia Brown and Caleb Mischeski faced losing $50,000 after a now-defunct Blenheim building company was placed into liquidation.

But other businesses have since stepped up to help those burnt by the collapse of Marlborough company Rose Built Homes last week.

Peter Ray Homes have taken on Anastasia Brown’s build on Blenheim’s Taylor Pass Road, which has languished for more than three months.

Rose Built Homes office in the Blenheim CBD. Photo: Matt Brown.
Rose Built Homes office in the Blenheim CBD. Photo: Matt Brown.

Peter Ray Homes director Donna Lee says their builders are working at a reduced margin to get her into the house.

“We really want to help Anastasia out,” Donna says.

RBH Limited, trading as Rose Built Homes, was placed into liquidation on 5 September.

It has since come to light the company’s two directors, Kyle Payne and Ryan Butler operated a web of interconnected companies.

Peter Ray Homes has come to the rescue of the young couple after the now-defunct building company Rose Built Homes went under. Photo: Matt Brown.
Peter Ray Homes has come to the rescue of the young couple after the now-defunct building company Rose Built Homes went under. Photo: Matt Brown.

The pair, who are no longer in contact with each other, have since fled town, leaving some Marlborough businesses out of pocket by at least $1.4million.

More than 40 businesses and subcontractors have come forward to date are worried staff and family members.

A source says the company’s troubles were clear to those in the building industry.

For Anastasia, who put money given to her by her grandparents towards the $338,000 home, says the first sign of trouble was when scaffolding was pulled down.

The house, on Taylor Pass Road, has sat for months with no roofs and no activity. Photo: Matt Brown.
The house, on Taylor Pass Road, has sat for months with no roof and no activity. Photo: Matt Brown.

A skip on-site was then emptied on where the couple’s front lawn was going as bills weren’t paid.

“Every week I asked when the roof was coming on, and every week they would say Friday.

“I found out from the plumber, they just vanished, I got incredibly stressed about it so my parents took over,” she says.

“The liquidator cancelled their contract with us. It’s pretty shitty, but I was lucky to find Donna from Peter Ray Homes.”

In January, Butler and Payne transferred 90 per cent of the shares of RBH to a holding company, NOA Development Group Limited.

NOA was removed from the companies register in July.

One unsecured creditor, who didn’t want to be named, says alarm bells for him started ringing in June.

“RBH was charging $2-300sqm cheaper than everyone else but were $16,700 a week in the red.

“It’s bad management.”

Anderson Architectural Design owner Jason Anderson says Ryan and Kyle were not “cut out to run a business.”

“They’re the type of guys you could have a beer with,” he says. “They just weren’t cut out to run a business.”

Jason says there were seven Rose Built Homes houses under construction and another person who had paid a deposit when the company folded.

Former project manager Graeme Andrews resigned from the company six weeks ago after a year with the company.

He says while he is not owned any money, he was “a little bit uncomfortable.”

“I was concerned I maybe wasn’t getting the right information. I had suspicions, but I had no idea.

“All I can say is I don’t have the full picture or the full information.

“Everyone in town knew there were issues.

The reason I did stick around was for the tradies…and for the clients, a lot of which were young couples. I felt for them.”

 

Butler and Payne affiliated companies:

 

Maddison Group Limited – Trading name: Tru Cut Property services

Industry Classification(s): N731340 Property maintenance service (own account)

Registered from 2 May 2017 to 22 Aug 2019

Kyle Payne owns 100% of 2 shares

Directors: Ryan Butler and Kyle Payne. Ashleigh Broughton was a director until 3 April 2019.

 

3rd Gen Homes Limited

Industry Classification(s): E301120 Building, house construction

Registered from 18 August 2016 – in process of being removed from register for being overdue in its obligation to file an annual return.

Ryan Butler owns 100% of 100 shares.

Carl Ross Butler ceased being a director: 01/12/2016 – but the paperwork to remove him as a director was filed July 2019

Directors: Ryan Butler.

 

RBH Limited

Industry Classification(s):

In Liquidation

Registered from 18 July 2017 to 05 September 2019

NOA Development Group Limited owns 90% of 100 shares (90).

Ross Stuart Butler (Ryan’s dad) owns 10% of 100 shares (10).

Directors: Ryan Butler and Kyle Payne.

 

Rose Built Limited

Industry Classification(s): E301120 Building, house construction

Registered on 16 January 2019 – current

NOA Development Group Limited owns 100% of 200 shares.

Directors: Ryan Butler and Kyle Payne.

 

NOA Development Group Limited

Industry Classification(s): E321120 Land development or subdivision (excluding construction)

Registered from 3 August 2018 to 17 July 2019.

Ryan Butler owns 50% of 100 shares.

Kyle Payne owns 50% of 100 shares.

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