A company the Times understands was planning to run trips to NASA in the United States for east Auckland school pupils has announced it’s gone into liquidation.
In an unexpected email to parents yesterday, Actura Australia Pty Ltd Chief Executive Officer Charles Chung says: “It is with regret and sadness that I must advise that Actura Australia Pty Ltd has with immediate effect gone into liquidation, today 14th June 2024.
“As a result, all scheduled 2024 and 2025 international study program expeditions are cancelled.
“This includes CASE Space School, CASE Ocean School and CASE Film & Arts School expeditions.
“Actura Australia Pty Ltd, the parent company of Actura New Zealand Ltd, has exhausted all possible avenues for recovery of its negative cashflow position.
“Unfortunately, the financial position is unrecoverable.
“Actura has ceased its operations effective today in both Australia and New Zealand and Westburn Advisory has been appointed to manage the liquidation process of Actura Australia Pty Ltd.
“Actura has no financial resources to provide customer refunds.
“Parents that have paid some or all of their expedition instalments via credit card are advised to contact their card issuer to make chargeback claim(s) which may provide for some recovery of costs.
“We deeply apologise for this very devastating outcome.
“The company’s cashflow has been severely affected by the compounding financial effects of a precarious recovery from the Covid-19 global pandemic, a large increase in cost of supply coupled with significant reductions in registrations due to the ongoing increases in the costs of living being experienced by families.”
The Times understands several east Auckland schools were involved in the trips to NASA through Actura Australia Pty Ltd.
Local parents impacted by this situation can email us at chrish@times.co.nz.
