Rule 4 34-CVL The Insolvency Act 1986 Form 4 20 S.95|99 STATEMENT OF COMPANY'S AFFAIRS Pursuant to Section 95/99 of the Insolvency Act 1986 For official use Company Number 02387517 To the Registrar of Companies Company Number | MARKETBEST LIMITED {Insert full name(s) and address(es)] 1, P Deyes of Leonard Curtis, Albion Court, 5 Albion Place, Leeds LS1 6JL, the Joint Liquidator of the above named Company, attach a statement of the Company's affairs as at 11 March 2015 Signed Date 13 March 2015 Wo ae Presentor's name, address and reference (if _ Fu Rule 4'34-CVL . Form 419 Statement of Affairs Statement as to affairs of MARKETBEST LIMITED on the 11 March 2015 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 0 Lick Mon Full name Signed \\. Mane a VG Dated CVLMF419 06-04-10 MARKETBEST LIMITED APPENDIX | DIRECTOR’S ESTIMATED STATEMENT OF AFFAIRS AS AT 14 MARCH 2045 Book value Estimated to Realise Note £ £ £ £ Assets Specifically Pledged Goodwill 1 Ni Nil less HSBC Bank Ple 4 (408,858) (408,858) Surplus / (Shortfall) c/fwd - (408,858) (408,858) Assets Not Specifically Pledged Debtors and Retentions 2 958,143 nk Connected Debtors 2 2,063,213 Nil 3,021,356 Nil Preferential Creditors Employee Claims / ERA 2006 Claims (est ) 3 (Nil) (15,000) Net Property available for Prescribed Part* 3,021,356 (15,000) Less Prescribed Part 4 NYa Nia Available for Floating Charge Creditor 3,021,356 Nil Shortfall b/fwd — HSBC Bank Pic (408,858) (408,858) Surplus / (Shortfall) c/fwd 2,612,498 (408,858) Add Prescnbed Part 4 Nia Nia Available for Ordinary Unsecured Creditors 2,612,498 Nil Ordinary Unsecured creditors Employee Claims / ERA 2006 Claims (est ) 3 Nil (290,000) HM Revenue & Customs — CVA (est } 5 (259,000) (259,000) HM Revenue & Customs - PAYE / NI (est } 5 (69,143) (69,143) Directors’ Loans / Connected Creditors (est } 6 = (1,620,884) (1,620,864) Trade and Expense Creditors (est ) 7 (722,029) (722,028) Total Ordinary Unsecured Creditors (2,671,036) (2,691,036 ) peuumated Deficiency as regards Unsecured (58,538) reditors (2,691,036) Shortfall b/fwd - Preferential Nil (15,000) Shortfall b/fwd - HSBC Bank Plc Nil (408,858) Estimated Deficiency as regards Creditors {58,538} (3,384,894) Issued share capital (3,000) (3,000) Estimated Deficiency as regards Members (61,538) (3,387,894) [ 14 March 2015 MARKETBEST 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 valuation agents It should be noted that 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 Assets Specifically Pledged Goodwill The book value of the goodwill has been extracted from the Company's balance sheet as at 31 March 2014 HSBC Bank Plc hald secunty by way of a debenture created on 8 December 1997 and registered on 18 December 1997 Assets Not Specifically Pledged Debtors and Retentions The book value of the debtors and retentons has been extracted from the Company's debtor ledger as at 2 March 2015 The director has advised that no debtors are collectable, except for a possible retention of £4,000 However, given the nature of the debt, any recovenes are uncertain Connected Debtors Details of the connected debtors are provided below Marketbest Plant Limited - £124,800 Marketbest Yorkshire Limited - £574,799 HAB Northern Limited - £1,363,614 The book value of the sums due from Marketbest Yorkshire Limited and HAB Northem Limited ("HAB”) have been extracted from the Company's books and records The amounts due from Marketbest Yorkshire Limited has been taken from the amount detailed in the proposal for the Company Voluntary Arrangement There Is a further amount due in the Company books and records, however given the inaccuracies in the books and records this amount has been excluded from the statement of affairs, however will be investigated further during the liquidation Given the insolvencies of Marketbest Limited and Marketbest Yorkshire Limited, it is not anticipated that funds will be received from this source Given that HAB claim to be owed monies having advanced more than was due for services rendered to It, it Is not anticipated that funds will be received from this source Employee Clarms / ERA’2006 Claims (est.) Where applicable, employees will be entitled to make claims (subject to certain limits) under the Employment Rights Act 2006 (ERA'2006) from the government department known as the Redundancy Payments Service (‘RPS’) The Employee claims may include arrears of pay, holiday pay, compensation in lieu of notce and redundancy Where applicable, the RPS will make payments directly to the employees and then the RPS will then lodge,a claim against the Company in respect of the payments ithas made Employee Claims / ERA’2006 have beefjestimated for the purposes of the statement of affairs and are not considered as agreed amounts =f Signed 441 March 2015 MARKETBEST LIMITED APPENDIX It NOTES TO THE ESTIMATED STATEMENT OF AFFAIRS (cont } Prescribed Part As the Company has no unsatisfied post-Enterpnse Act charges, there will be no requirement to set aside a prescnbed part in this case H M Revenue & Customs ~ PAYE / NI & VAT The liability to HMRC in respect of unpaid PAYE, NIC and VAT has been extracted from the Company's books and records as provided by the directors and / or the Company's advisors The outstanding habilites are in respect of the following periods Debt incurred pnor to the CVA — £259,000 PAYE accrued to 30 June 2014 - £69,143 We understand that there may be further PAYE accrued since 30 June 2014 Directors’ Loans / Connected Creditors Details of the directors’ loan accounts / connected creditors are provided below Marketbest Plant Limited - £191,157 R D Bickenson - £89,295 HAB Northern Limited - £1,340,412 The amount due to Marketbest Plant Limited has been taken from the amount detailed as due in the proposal for the Company Voluntary Arrangement The amounts due to R D Bickenson has been extracted from the CVA proposal and the Company records The CVA detailed a sum of £88,533 being owed to Mr Bickenson whilst the Company records detail a further sum of £762 ts owed tn the post CVA period The sum due to HAB Northern Limited has been extracted from the Company's books and records as provided by the directors and / or the Company's advisors The amounts shown should not be regarded as agreed Trade and Expense Creditors Details of the Company's trade and expense creditors have been extracted from the Company's books and records as provided by the directors and / or the Company's advisors A detailed list of these amounts has been provided at Appendix II! The amounts shown should not be regarded as agreed Signed 11 March 2015 MARKETBEST LIMITED APPENDIX tll SCHEDULE OF CREDITORS See attached list 41 March 2015 B - Company Creditors M837K Marketbest Limited Code Name & Address Amount of Debt co001 AT SNorth Eastem Ltd 2,231 46 Payments Centre Heavans Walk Doncaster Carr Doncaster DN4 5HZ c0002 aalphasolubons 13,406 26 Easypay Services Plc Victona House Bradford Road Guiseley Leeds LS20 8NH C0003 Admec Municipal Services 95 64 Routledge Burn Industrial Estate Station Lane Birtley Co Durham DH2 1AJ C0004 Alex Smiles Ltd 14,766 17 Deptford Terrace Deptford Sunderland Tyne & Wear SR4 6DD C0005 Ambrose & Cox Hire Ltd 5,800 00 Ambrose House Braconash Road Leyland PRESTON PR25 3ZE C0006 Anders Elite Ltd 6,446 64 CAPITAL HOUSE HOUNDWELL PLACE SOUTHAMPTON $014 1HU C0007 ARCO Ltd 390 81 PO Box 22 Malleable Way Portrack Lane Stockton-on-Tees TS18 2PD C0008 BALTIC RECRUITMENT SERVICES 14,388 00 Baltic House Hilton Road Aycliffe Ind Park Newton Aycliffe DLS GEN Signature Date M837K Page 1/11 B- Company Creditors M837K Marketbest Limited Code Name & Address Amount of Debt coo0g BEAVER84 91192 Credit Control Hillsborough Works Langsett Road Sheffield S6 2LW 0010 BRC REINFORCEMENT 40,851 58 Credit Control! Department Corporation Road Newport South Wales NP19 4RD co0t1 Burdens 2,540 72 WTB Group Acccounts Receivable P 0 BOX 3200 STOKE HANLEY ST4 SHF C0012 Caspian Access & Plant Hire 921 60 Caspian Business Centre Railway Street GRIMSBY North East Lincolnshire DN32 7BN C0013 cbicksupplies 2,330 20 0014 CDM Recruitment Ltd 1,938 62 16 Blue Sky Way Monkton Business Park HEBBURN Tyne & Wear NE31 2EQ 0015 Cemex UK Materials Ltd 137,189 79 Clearwater North East Clearwater Business Park Thornaby Stockton-on-Tees TS17 6QY C0016 Censis 16,222 50 Exchange Building 66 Church Street Hartlepool TS24 7DN C0017 cfcapttal 1,680 00 Signature Date M837K B - Company Creditors M837K Marketbest Limited Code Name & Address Amount of Debt C0018 Chippindale Plant Ltd 2,957 28 Butlerbow! Works Ring Road Lower Wortley LEEDS LS12 5Ad C0019 CID Group 543 75 Unit 30 Low Hall Indust Estate Low Hall Road HORSFORTH , LEEDS LS18 4EF c0020 Club Wembley 8,065 78 PO Box 721 Wembley London HAQ OXZ c0021 Constructionline 528 00 PO BOX 6441 BASINGSTOKE Hants RG21 7FN c0022 Corepeople 5,786 70 Allergate House Belmont Business Park Durham DH1 1TW C0023 Coyle Personnel ple 6,660 00 HYGEIA, 1ST FLOOR 66-68 COLLEGE RD HARROW MIDDLESEX HAI 1BE c0024 Dawd Wright 859 20 3 CORNMOOR GARDENS WHICKHAM NEWCASTLE UPON TYNE NE16 4PZ €0025 Deep Blue 100 38 Telecom House Rudgate Court Walton Wetherby LS23 78F Signature Date M837K Page 3/11 > B - Company Creditors M837K Marketbest Limited Code Name & Address Amount of Debt C0026 DYNO ROD Diron Services 834 60 Unit F5 Morton Park Yarm Road DARLINGTON DL1 4PQ C0027 ELLIOTT 239 88 Elhott Group Ltd Manor Drive Peterborough PE4 TAP C0028 Endeavour Partnership 4,087 00 WESTMINSTER ST MARK'S COURT TEESDALE BUS PARK TEESSIDE TS17 6QP C0029 FENSTONE MINERALS LTD 3,199 83 GREENWICK GUARRY HUGGETE EAST YORKSHIRE 042 1YR C0030 GATESHEAD COUNCIL 627 18 Cimc Centre Regent Street Gateshead NE8 +HH €0031 Generation Hire and Sale 468 62 Forward House Portabello Road Portabelto In Est Birtley DH3 2SL C0032 Gibbs & Dandy Ltd 3,836 45 112 RICHARDSHAW LANE PUDSEY LS28 6BN C0033 Greenhams Ltd 145 00 671 London road Isleworth Middlesex TW7 4EX C0034 HAB Northern Ltd 1,340,411 86 43 Conischffe Road Darlington County Durham DL3 7EH Signature Date M837K Page 4/11 .B - Company Creditors M837K Marketbest Limited Code Name & Address Amount of Debt C0035 Hewitson Lid 205,228 33 Teesside Grange Eaglescliffe Stockton Cleveland TS16 OQH C0036 Hilt (UK) Ltd 970 14 1 Trafford Wharf Read Trafford Park Manchester M17 1BY C0037 HM Revenue & Customs 259,000 00 Voluntary Arrangements Service Durrington Bridge House Barrington Road Worthing BN4 3UZ C0038 HM Revenue & Customs 69,143 00 Insolvency Claims Handling Unit (ICHU) Benton Park View Longbenton Newcastle NE98 12Z C0039 Hudson Hydraulic Engineers Ltd 143 28 UNIT 6 SOVEREIGN COURT, WYREFIELDS POULTON IND ESTATE POULTON-LE-FYLDE FY6 8UX C0040 Hutton Services 7,144 20 26 Church Street Eccles Manchester M30 ODF C0044 Investec 2,996 25 21 Castle Street Carlisle Cumbria CA3 8SY C0042 JD Johnson Ltd 3,921 43 Hendon Dock Sunderland Tyne & Wear SR1 2EN Signature Date M837K Page 5/11 .B - Company Creditors M837K Marketbest Limited Code Name & Address Amount of Debt C0043 James Burrells Limited 15,177 95 Deptford Road East Gateshead Ind Estate Gateshead NE8 28R c0044 Jewsons Ltd 1,604 13 P 0 Box 7357 GLASGOW G51 9AB C0045 JJC Engineering Ltd 696 36 Unit 26 Bonlea Trading Estate Thornaby Cleveland TS17 7AQ C0046 JOHNSTON OILS LTD 2,123 67 Dockside Road Middlesbrough Cleveland TS5 6AH C0047 Knowles Lid 515 12 BRITANNIA HOUSE 20 FALCON COURT PRESTON FARM STOCKTON TS18 3TX C0048 Korec Group 3,134 79 Blundellsands House 34-44 Mersey View Waterloo Liverpoo! L22 6QB C0049 Lafarge Aggregates Lid 26,032 04 P O Box 7389 Syston Leicester LE7 1WL C0050 Lord Hire Centres Ltd 4,389 28 Shields Road Byker Hill Newcaslte upon Tyne NE26 2UD C0051 Marketbest PLANT Ltd 191,15700 Exchange House 22 Church Sireet Hartlepool TS24 7DN Signature Date M837K Page 6/11 .B - Company Creditors M837K Marketbest Limited Code Name & Address Amount of Debt C0052 MGF Trench Systems Ltd 8,437 30 Grant House South Lancashire Ind Est Lockett Road, Ashton-in Makerfield WIGAN WN4 8DE C0053 Micromix RM 12,591 28 P O Box 7389 Syston Leicester LE7 1WL C0054 MIDLAND STEEL TRADERS LTD 447 00 Shadon Way Portobello ind Estate Birtley Co Durham DH3 2SW C0055 MKM BUILDING SUPPLIES 46265 MKMB 5 Peterlee Cook Way North West Industrial Estate Peterlee SR8 2HY C0056 Northgate Vehicle Hire (North East) 196 18 Bowesfield Crescent Stockton on Tees Cleveland TS18 3BL C0057 Northumbria Roads Ltd 12,521 25 Dukes Way Low Prudhoe Ind Est Prudhoe Northumberland NE42 6PQ C0058 Owen Pugh & Co Ltd 9,794 09 Dudley Cramlington Northumberland NE23 7PR C0059 Pickerings Plant Ltd 348 00 Ashby Road Measham Swandlicote Derbyshire DE12 7JP Signature Date M837K Page 7/11 .B - Company Creditors M837K Marketbest Limited Code Name & Address Amount of Debt co06o Plant Parts Ltd 5,004 00 CLIFFORD FINCH WAY CROCKETT ROAD HADLEIGH SUFFOLK IP7 6RD C0061 Precision Geomatics 2,197 05 Precision House Colima Avenue Sunderland Tyne and Wear SR5 3XE co062 Prestige Servicing Ltd 24 00 2C OPUS PARK LOCKHEED CLOSE PRESTON FARM ESTATE STOCKTON TS18 3BP C0063 R D Bickenson 89,295 00 6 Knowles Close Kirklevington Yam Cleveland TS15 ONL C0064 Ravenstock Tam Hire Ltd 418 76 Ravenstock House 28 Falcon Court Preston Farm Ind Estate Cleveland TS18 3TX C0065 Reconomy Solutions] 222 00 Radford House Stafford Park 7 Telford TF3 3BQ C0066 REUBEN SMITH (PLANT HIRE) LTD 2,468 40 HARTFORD HOUSE HAMSTERLEY BISHOP AUCKLAND CO DURHAM DL13 3PT C0067 RS Industrial Services Ltd 378 22 2 Cassel Court Haverton Hill Road BILLINGHAM 7823 1RB C0068 Runitem (Dynorod) Limited 1,452 08 Signature Date M837K Page 8/11 B - Company Creditors M837K Marketbest Limited Code Name & Address Amount of Debt co069 Sage Software Ltd 2,299 75 Cheque Processing Centre P O Box 4598 Worthing BNi1 9BU c0070 Sandhurst Equipment Rental Ltd 1,560 00 Whitewall Road Rochester Kent ME2 4DZ C0071 Satrak UK Lid 90 G0 Suite 8 Arena Park SCARCROFT Leeds LS17 9BF C0072 SIG Construction Accessories 2,168 26 Hillsborough Works Langsett Road Sheffield S6 2LW c0073 Sillars Road Construction Ltd 4,101 45 Graythorp Industrial Est HARTLEPOOL 7825 2DF C0074 Speedy Asset Services Lid 1,727 67 Chase House 16 The Parks NEWTON LE WILLOWS Merseyside WA12 0JQ C0075 SPS Ltd 2,032 80 60 High Street Avening Tetbury Gloucestershire GL8 6NF co076 STAPLES 856 28 TEESSIDE REAIL PARK THORNABY C0077 T - Mobile 4,844 62 P 0 Box 719 Camberley Surrey GU15 3WS Signature Date M837K Page 9/11 .B - Company Creditors M837K Marketbest Limited Code Name & Address Amount of Debt C0078 Tarmac Northern Ltd 2,094 38 P 0 Box 2600 Wolverhampton WV4 XW C0079 Tyne Insulation Supplies Ltd 4,692 96 Onon Way Orion Business Park NORTH SHIELDS Tyne & Wear NE29 7SN C0080 Tyne Tees Crushing and Screening 34,494 43 Beaumont Way Aycliffe Ind Est Newton Aycliffe Co Durham DLS 6SN C0081 W Clifford Watts Ltd 4,345 42 118-122 SCARBOROUGH ROAD BRIDLINGTON East Yorkshire YO16 7NU C0082 WCF FUELS-NORTH EAST 896 76 14Hunter Road South West industnal Estate Peterlee Co Durham SRB 2LX C0083 Wolseley UK Limited 44,567 92 PO Box 68 Boroughbridge Road RIPON North Yorkshire HG4 1XY C0084 Works Infrastructure Ltd 8,036 44 Sillcon House Graythorpe Ind Estate HARTLEPOOL TS25 2DF C0085 Yarm Computers Ltd 1,10254 149 High Street Yam C0086 ZENITH SURVEY EQUIPMENT LTD 3000 Parogon Hause 33 Church Street Ossett W Yrkshire WF5 SDN Signature Date M837K Page 10/11 ,B - Company Creditors M837K Marketbest Limited Code Name & Address Amount of Debt C0087 HSBC Bank Plc 408,858 00 31 Bridge Street Blyth Northumberland NE24 2AB c0088 Preferental Creditors 15,000 00 C0089 Employee Claims/ERA 2006 Claims 290,000 00 £3,384,894 33 Signature Date M837K Page 11/11