Rule 4 34-CVL The Insolvency Act 1986 Form 4 20 5.95/99 STATEMENT OF COMPANY'S AFFAIRS Pursuant to Section 95/99 of the Insolvency Act 1986 For official use Company Number 01212029 To the Registrar of Companies Company Number STEELFORM LIMITED (Insert full name(s) and address(es)] | JM Titley and M Maloney the Joint Liquidators of the above named Company, attach a statement of the Company's affairs as at 19 February 2013 J — Signed cat Date 19 February 2013 Presentor's name, address and reference (if any) For official use Leonard Curtis am wa COMPANIES HOUSE Rule 4 34-CVL Form 4 19 Statement of Affairs Statement as to affairs of STEELFORM LIMITED on the 19 February 2013 being a date not more than 14 days before 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 Cant] . Qaue/ Signed .. Dated i4s{2o13 a CVLMF419 06-04-10 STEELFORM LIMITED APPENDIX | DIRECTOR’S ESTIMATED STATEMENT OF AFFAIRS AS AT 19 FEBRUARY 2013 Book value Estimated to Realise Note £ £ £ £ Assets specifically pledged None Nil Nil Less fixed charge holder (Nia) (Nia) Surplus / (Shortfall) c/fwd Nil Nil Assets not specifically pledged Cash at bank 1 30,095 30,095 Cash at bank (Debtors) 2 17,199 17,199 Debtors / Retentions 3 7,260 3,630 PAYE Refund 4 4,553 Uncertain 59,107 50,924 Preferential creditors Employee claims / ERA 2006 claims (est } 5 (Nil) (Nil) Net property available for prescribed part §9,107 50,924 Less: Prescribed part calculation 6 (Nia) (Nia) Available for floating charge creditor 59,107 50,924 Shortfall c/fwd (Nil) (Nu) Surplus / (shortfall) c/fwd 59,107 50,924 Add back prescribed part Nia Nia Available for ordinary unsecured creditors 59,107 50,924 Ordinary Unsecured creditors Employee claims / ERA 2006 claims (est ) 5 (21,000) (21,000) H M Revenue & Customs — PAYE / NI (est ) 7 (20,000) (20,000) H M Revenue & Customs - VAT (est ) 7 (24,000) (24,000) Director’s Loan Account 8 (11,510) (11,510) Trade and expense creditors (est.) 9 (10,394) (10,394) Total value of unsecured creditors (86,904) (86,904) Estimated deficiency as regards creditors (27,797) (35,980) Issued share capital (100) (100) Estimated deficiency as regards members (27,897) (36,080) \\ \ Signed 19 February 2013 Mr Gary Pulley STEELFORM LIMITED APPENDIX II NOTES TO THE ESTIMATED STATEMENT OF AFFAIRS All book values have been taken from the Company's latest financial information or from valuations obtained from independent valuers It should be noted that the no provision has been made for the costs of preparation of the same, the costs of convening the meetings of members and creditors, agents’ costs or the costs and expenses of the Liquidation Cash at Bank The book value of the cash at bank has been provided by the director from the Company’s books and records and ts made up of cash at bank The cash at bank ts estimated to be realisable in full, subject to any accrued bank charges or interest to be applied to the account Cash at Bank (Debtors) The cash at bank (debtors) relate to debtors received and passed to Leonard Curtis in the pre-liquidation period, which are currently being held, to be passed to the appointed liquidators Debtors / Retentions The book value of the debtors and retentions has been provided from information from the director and from Information in the Company's books and records A general provision of 50% has been applied in respect of bad/doubtful debts PAYE Refund The director has indicated that a PAYE refund |s due to the Company in the sum of £4,553 The estimated to realise value has been shown as uncertain for the purpose of the Statement of Affairs as itis likely to be set off against crown arrears Preferential creditors The Company had 9 employees who will be entitled to claim arrears of pay and holiday pay (subject to certain limits) from the Redundancy Payments Office ("RPO") (a government department) The RPO will then lodge a preferential claim against the Company in respect of the payments it has made The Employees have been paid up to date in respect of wages and holiday pay and no provision has been made for preferential claims Employees will also be able to lodge redundancy claims and compensation claims under the Employment Rights Act 1996, as amended An estimated provision for these claims has been made as shown tn the statement of affairs, the provision should not be regarded as an agreed amount Prescribed part As the Company has no unsatisfied post-Enterpnse Act charges, there will be no requirement to set aside a prescribed part in this case The method of caiculating the prescnibed part 1s given below Where the net property does not exceed £10,000 50% of that property Where the net property exceeds £10,000 50% of the first £10,000, plus 20% of the property which exceeds £10,000, up to a maximum prescnbed part of £600,000 Vv Signed 19 February 2013 r Gary Pulley STEELFORM LIMITED 1. H M Revenue & Customs - PAYE / NI & VAT The liabihty to HMRC in respect of unpatd PAYE, NIC and VAT has been extracted from the Company's books and records The outstanding liabilities are in respect of the following penods PAYE /NIC ~ 2012/13 VAT - 2012/13 8. Director’s Loan Account The value of the director's loan account has been provided by the director from the Company's books and records The value shown in the statement of affairs should not be regarded as agreed amount 9. Trade and expense creditors Details of the Company's trade and expense creditors have been extracted from the Company's books and records A detailed list of these amounts has been provided at Appendix Ill The amounts shown should not be regarded as agreed Signed 419 February 2013 STEELFORM LIMITED APPENDIX Il SCHEDULE OF CREDITORS See attached list Signed 19 February 2013 B - Company Creditors Page 1 Code Name & Address Amount of Debt coo01 Advanced Stee! Services Limited £280 08 South Ribble Ind Est Grove Road Walton Le Dale Preston PR5 4AJ C0002 baap Ind Supplies (Lancs) Limited £115 20 The Trafalgar Centre Belfield Road Rochdale OL16 2UX C0003 Boc £133 74 Customer Service Centre PO Box 12 Priestley Road Worsley Manchester M28 2UT C0004 BWI Industries £1,610 03 Lanaster Road Carnaby Ind Est Birdlington Yorkshire YO15 30Y C000s Barclay & Mathieson Limited £1,403 40 Unit 1 Eaton Ave Matrix Park Buckshaw Village Chorley Lancashire PR7 7NA C0006 Cromadex £108 48 26th Floor Portiand House Bressenden Place London SW1E 5BG C0007 Daisy Communications £123 41 Daisy House Lindred Road Business Park Nelson Lancs BB9 5SR C0008 Falcon Panel Products Limited £1,635 66 Clock House Station Approach Shepperton Middlesex TW17 8AN Signature bate 46: (4 2\ 2013 $875Q B - Company Creditors Page 2 Code Name & Address Amount of Debt co009 British Gas £91 82 Spinneyside Penman Way Grove Park Leicester LE19 18Z C0010 Jonn Chorley & Co Lmiterd £3,309 87 Dallam Lane Warrington Cheshire WA2 7PZ c0011 Martindale Ind Fasteners Ltd £175 13 Unit 3D Shay Lane Ind Est Longridge Preston Lanes PR3 3BT C0012 Pitlar Wedge £840 62 Stafford Street Willenhall West Midlands WV13 1RZ C0013, Bnggs Equipment UK Limited £439 05 Po Box 3777 Orbital 7 Orbital Way Cannock WS11 BXW C0014 Travis Perkins £54 94 PO Box 5227 Northampton NN5 7ZE C0015 Vindor Limited £72 42 Trafford Park Trafford Wharf Road Manchester M17 1BS C0016 Gary Pulley £11,510 00 5 Meadway Sale M33 4PG Signature Date talaliors $875Q B - Company Creditors Page 3 Code Name & Address Amount of Debt C0017 HM Revenue & Customs £20,000 00 Durrington Bridge House Barrington Road Worthing West Sussex C0018 HM Revenue & Customs £24,000 00 Durrington Bndge House Barrington Road Worthing West Sussex C0019 Redundancy Payments £21,000 00 TOTAL CREDITORS’ CLAIM £86,903 85 Signature $875Q