Form 4.20 Rule 4 34 - CVL The Insolvency Act 1986 Statement of Company's Affairs Pursuant to section 95/99 of the Insolvency Act 1986 For Official Use To the Registrar of Companies Company Number 00795578 Name of Company J & J Salkeld & Sons Limited I/We Andrew David Hasiam, 2 Collingwood Street, Newcastle upon Tyne, NE1 1JF Gerald M Krasner, 2 Collingwood Street, Newcastle upon Tyne, NE1 1JF the liquidator(s) of the above named company attach a statement of the company affairs as at 20 March 2015 Signed Date 20 March 2015 v Begbies Traynor (Central) LLP . 2 Collingwood Street . For Official Use Newcastle upon Tyne Ins; . Ref. JJO15CVL/ADH/GMK/GMS/TA i *A43XMD4l* Ag 25/03/2015 #375 Software Supplied by Turnkey Computer Technology Limited Glasgow COMPANIES HOUSE Rule 4 34-CVL Form 4 19 Statement of Affairs Statement as to affairs of J & J Salkeld & Sons Limited on the 20 March 2015 the date of the resolution for winding up Statement of truth | believe that the facts stated in this Statement of Affairs are true Full Name Day ESS Nek OS Dated 2,| 3| Ae J & J Salkeld & Sons Limited Statement Of Affairs as at 20 March 2015 A- Summary of Assets Estimated to Assets Book Value Realise £ Assets subject to fixed charge: Freehold Land & Property 28,244 00 60,000 00 National Westminster Bank pic (50,670 85) 9,329 15 9,329 15 Book Debts-Factored 1,690 10 1,690 10 Disputed Book Debts 65,000 00 Uncertain Book Debts - Legal Action 18,500 00 Uncertain First Capital Factors NIL 1,690 10 1,690 10 Assets subject to floating charge’ Plant, Machinery & Motor Vehicles 5,780 00 3,145 00 Stock 6,500 00 100 Book Debts - Unfactored 6,000 00 4,500 00 Cash at Bank 26,894 87 26,894 87 Sundry Refunds 100 100 Uncharged assets: Estimated total assets available for preferential creditors 45,531 12 smnee ee BE 0 ae La] Ss J &J Saikeld & Sons Limited Statement Of Affairs as at 20 March 2015 Ai - Summary of Liabilities Estimated to Realise £ Estimated total assets available for preferential creditors (Carried from Page A) 45,531 12 Liabilities Preferential Creditors - Employees re Arrears/Hol Pay 456 50 456 50 Estimated deficiency/surplus as regards preferential creditors 45,074 62 Debts secured by floating charge pre 15 September 2003 Other Pre 15 September 2003 Floating Charge Creditors NIL 45,074 62 Estimated prescribed part of net property where applicable (to carry forward) 12,014 92 Estimated total assets available for floating charge holders 33,059 70 Debts secured by floating charges post 15 September 2003 NIL Estimated deficiency/surplus of assets after floating charges 33,058 70 Estimated prescribed part of net property where applicable (brought down) 12,014 92 Total assets available to unsecured creditors 45,074 62 Unsecured non-preferential claims (excluding any shortfall to floating charge holders) Trade Creditors 29,683 95 Employees - Notice & Redundancy Pay 15,024 00 David Salkeld - Director 120,000 00 HM Revenue & Customs (VAT) 68,000 00 HM Revenue & Customs (PAYE/NIC) 32,000 00 264,707 95 Estimated deficiency/surplus as regards non-preferential creditors (excluding any shortfall in respect of F.C's post 14 September 2003) (219,633 33) Estimated deficiency/surplus as regards creditors (219,633 33) Issued and called up capital Ordinary Shareholders 2,000 00 2,000 00 Estimated total! deficiency/surplus as regards members (221,633 33) sonal ee ELLE Date Ro Lolo . Begbies Traynor (Central) LLP J.& J.Salkeld & Sons Limited Register of Shareholders No of Shares Key Name Pref Ordinary Other Total HS0O Mr David Salkeld 0 2,000 0 2,000 1 Entries Totalling 0 2,000 0 2,000 Signature d S Sasa Page 1 of 1 IPS SQL Ver 2010 19 March 2015 114 33 Begbies Traynor (Central) LLP J.& J.Salkeld & Sons Limited A2 - Secured Creditors Statement of Affairs Figures Key Name CFOO First Capital Factors Sutton House, Ashville Point Clifton Lane Sutton Weaver Cheshire WA7 3FW CNOO Natwest Bank plc 50,670 85 29 Newgate Street Bishop Auckland DL14 7ET 2 Entries Totalling §0,670.85 Signature SS OE Page 1 of 1 (PS SQL Ver 2010 19 March 2015 11 08 Begbies Traynor (Central) LLP J.& J.Salkeld & Sons Limited A3 - Floating Charge Creditors Statement of Affairs Figures Key Name £ 0 Entries Totalling 000 Page 1 of 1 iPS SQL Ver 2010 19 March 2015 11 08 Begbies Traynor (Central) LLP J.& J.Salkeld & Sons Limited A4 - Preferential Creditors Statement of Affairs Figures Key Name £ CEO Employees-Holtday Pay 456 50 1 Entries Totalling 456.50 Page 14 of 1 IPS SQL Ver 2010 19 March 2015 11 09 Begbies Traynor (Central) LLP J.& J.Salkeld & Sons Limited A5 - Unsecured Creditors Statement of Affairs Figures Key Name £ C500 5G COmmunications 100 86 SALKO001 Pheonix House Desborough Park Road High Wycombe Bucks HP12 3BQ CA0O Art Personnel 4,500 00 15 Staindrop Road West Auckland DL14 9JU CBoO Brandon Hire Limited 182 99 Units 1-3, Cannon Park Road Cannon Park Industrial Estate Middlesbrough TS1 5JP ccoo CardSave 18 00 JJSALO01 10 Parkway Offices, Acorn Bursness Park Moss Road GRimsby North East Lincolnshire DN32 OLW cboo Durham County Council 560 00 8300023743 Corporate Director of Resources, Revenue & Benefits PO Box 238 . Stanley Co Durham DH8 1FP CE01 Employees-Notice & Redundancy Pay 15,024 00 CHOO HM Revenue & Customs (PAYE) 32,000 00 406 PC 0000 4190 ICHU, Room BP3202, Warkworth House Benton Park View Longbenton Newcastle upon Tyne NE98 1ZZ CHO1 HM Revenue & Customs (VAT) 68,000 00 258261940 ICHU, Room BP3202, Warkworth House Benton Park View Longbenton Newcastle upon Tyne NE98 122 sous SG LL Page 1 of 3 IPS SQL Ver 2010 19 March 2015 11 09 Begbies Traynor (Central) LLP J.& J.Salkeld & Sons Limited A5 - Unsecured Creditors Statement of Affairs Figures Key Name £ CcJOO Jewson Limited 5,486 50 Watling Road Bishop Auckland DL14 9AT CJo1 James Latham Limited 1,638 00 Nest Rd Felling Ind Est Gateshead NE10 OLU CLOO Labour 4 U Limited 15,301 30 CBX Business Centre, Cobalt Park Way Wallsend NE28 9NZ CLOo1 Lex Autolease 100 Schedule No 7138606 Heathside Park Heathside Park Road Stockport Cheshire SK3 ORB CMo0O MBC North East Limited 1,218 00 Unit 34 Apex Business Village Annitsford Cramlington NE23 7BF CNO1 Northumbrian Water 153 19 210036600013 Customer Centre PO Box 300 Durham DH1 9WQ coco Telephonica UK Limited 3179 05207950 260 Bath Road Slough Berkshire SL1 40X coo1 Opus Energy 42 32 665359 Royal Pavilion 2 Summerhouse Road Northampton NN3 6BJ CcP0O0 Prime Time Recruitment Limited 450 00 Higham Place Newcastle upon Tyne NE1 BAF Page 2 of 3 IPS SQL Ver 2010 19 March 2015 11 09 Oe) Sea Begbies Traynor (Central) LLP ; J.& J.Salkeld & Sons Limited . 2 A5 - Unsecured Creditors Statement of Affairs Figures . te Ce Key Name ‘ ‘ £ CS00 _—David Salkeld 120,000 00 163 Woodhouse Lane - Bishop Auckland Co Durham - DL14 6JT 18 Entries Totalling 264,707.95 @ - Denotes associate creditor Page 3 of 3 {PS SQL Ver 2010 19 March 2015 11 09