Form 4.20 Rule 4 34 - CVL 995/99 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 3407450 Name of Company Avatea Limited |/We Ninos Koumettou, 1 Kings Avenue, Winchmore Hill, London N21 3NA the liquidator(s) of the above named company attach a statement of the company affairs as at 07 April 2015 Date 07 April 2015 Signed cutie hat AlexanderLawsonJacobs For Official Use 1 Kings Avenue 1 Winchmore Hill London N21 3NA THURSDAY Ref AV31489/NK/AG/MW *A44ZVCM8* A28 09/04/2015 #77 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 Avatea Limited on the 7 April 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 ML FéGeR SuLLrivAnt Signed \ am. : Dated Tou OPRIiL 2ZotS Avatea Limited Statement Of Affairs as at 7 April 2015 A- Summary of Assets Estimated to Assets Book Vaiue Realise £ £ Assets subject to fixed charge Goodwill and Intellectual Property 1,500 00 1,500 00 Just Cash Flow Plc (38,599 18) Deficiency c/d (37,099 18) Assets subject to floating charge: Uncharged assets: Fixtures & Fittings 1,500 00 750 00 Stock 1,000 00 750 00 Work in Progress 1,000 00 NIL Book Debts 3,750 00 3,000 00 Cash at Bank 635 81 635 81 Estimated total assets available for preferential creditors 5,135 81 senna iN ‘ Date 7/ 4] iS a 74 Avatea Limited Statement Of Affairs as at 7 April 2015 A1 - Summary of Liabilities Estimated to Realise £ Estimated total assets available for preferential creditors (Carried from Page A) 5,135 81 Liabilities Preferential Creditors - NIL Estimated deficiency/surplus as regards preferential creditors 5,135 81 Debts secured by floating charge pre 15 September 2003 Other Pre 15 September 2003 Floating Charge Creditors NIL 5,135 81 Estimated prescribed part of net property where applicable (to carry forward) NIL Based on floating charge assets of Nil Estimated total assets available for floating charge holders 5,135 81 Debts secured by floating charges post 15 September 2003 Deficiency b/d 37,099 18 37,099 18 Estimated deficiency/surplus of assets after floating charges (31,963 37) Estimated prescribed part of net property where applicable (brought down) NIL Total assets available to unsecured creditors NIL Unsecured non-preferential claims (excluding any shortfall to floating charge holders) Trade & Expense Creditors 36,850 33 Mercedes Finance Nit Directors Loan - Peter Sullivan 25,000 00 HMRC - PAYE/NICMVAT/CIS/CT 83,984 54 145,834 87 Estimated deficiency/surplus as regards non-preferential creditors (excluding any shortfall in respect of F.C’s post 14 September 2003) (145,834 87) Shortfail in respect of F C's post 14 September 2003 (brought down) 31,963 37 Estimated deficiency/surplus as regards creditors (177,798 24) Issued and called up capital Ordinary Shareholders 200 200 Estimated total deficiency/surpius as regards members (177,800 24) Signature iL Date o7/o ¢ [15 AlexanderLawsonJacobs Avatea Limited B - Company Creditors Key Name Address £ CA00 ACAS P 0 Box 10279, Nottingham, NG2 9PE 000 CBO0O0 Barclays Bank Plc (Business Insolvency) RR Donnelly , Open Sort & Distribute, Astron House, 51 Saffron Road, Leicester, LE87 000 2BB CB01 Barclaycard Business Company Barclaycard Corporate, PO Box 3000, Teesdale Business Park, 12,000 00 Stockton-On-Tees, TS17 6YG CDOO Dell Corporation Ltd Dell House, The Boulevard, Cain Road, Bracknell, Berkshire, RG12 1LF 2,984 48 CEOO Employment Tribunals 4th Floor, 30-31 Friar Street, Merchants Piace, Reading, RG1 1DX 12,718 59 CE01 Exertis (UK) Ltd Shorten Brook Way, Altham Business Park, Altham, Accrington, Lancashire, BBS 5YJ 4,017 25 cio00 HMRC - (ICHU) (PAYE/NIC/CT/VAT) Benton Park View, Longbenton, Newcastle Upon Tyne, NE98 1ZZ 83,984 54 CJ00 Just Cash Flow Ple Prospect Business Centre, Hamilton International Park, Glagow, G72 0BN 38,599 18 CLOO Lloyds Bank (Insolvency) Credit Maintenance -, Mail Processing Centre, Financial! Management Team - Insolvency, 000 Lloyds Banking Group Citymark, 150 Fountainbridge, Edinburgh, EH3 9PE CMO0 Mercedes Benz Finance Tongwell, Milton Keynes, MK15 8BA 000 CROO The National Insurance Fund PO Box 16685, BIRMINGHAM, B2 2LX 000 Cx00 Xeptor iT Distribution Postbus 527, 2300 AM Leiden, Netherlands §,130 04 RSO0O Mr Peter Timothy Sullivan 32 Hubbard Close, Twyford, Berkshire, RG10 OXU 25,000 00 13 Entries Totalling 184,434.05 Signature Page 1 of 1 er. IPS SQL Ver 2013 07 07 Apri 2015 15 12 AV31489 - Avatea Limited Statement Of Affairs Notes Note 1 The company has two bank accounts, one with Barclays Bank Pic the other with Lloyds Bank There is currently a credit balance at Barclays in the sum of £1,889 55, together with a liability of £1,291 82 which will be offset against the credit balance The balance held at Lloyds Bank Pic Is currently £38 08 Note 2 The company has a contract hire agreement in respect of a Mercedes E220 CDI (Registration LS62 ZNJ) There are two payments remaining under the contract of £818 36 This vehicle Is to be returned to Mercedes Benz Finance and any loss arising will be claimed within the fiquidation Note 3 A breakdown of the HM Revenue & Customs arrears are set out below - PAYE/NIC £16,642 96 VAT £23,180 63 CT £44,160 95 Total £83,984.54 Page 1 of 1