Rule 2 29 Form 2 16B The Insolvency Act 1986 Notice of statement of affairs Name of Company Company number G Fry Demolition Limited 03945144 Inthe High Court of Justice Court case number Birmingham District Registry 8337 of 2014 Chancerv Division (a) Insert full name(s) I, Michael Rose of M1 Insolvency, Cumberland House, 35 Park Row, Nottingham NG! 6EE and address(es) of admunistrator(s) attach a copy of - * the statementés) of affairs, * Delete as applicable in respect of the administration of the above company Signed ae A Administrator Dated '4 Ockoboy Qory Contact Details: M1 Insolvency You do not have to give any contact information in Cumberland House, 35 Park Row Nottingham, NGI 6EE the box opposite but if you do, it will help Compantes House to contact you if there ts a query on the form The contact information that you give will be visible Tel 0115 988 6288 TI to searchers of the public record DX Number DX Exchange | When you have completed and signed this form please send it to the Registrar of Compantes at Companies House, Crown Way, Cardiff, CF14 3UZ DX 33050 Cardiff *A31J46JM" 45/10/2014 #61 COMPANIES HOUSE CVL320 Rule 2 29 Form 2 14B Statement of affairs Name of Company Company number G FRY DEMOLITION LIMITED 03945144 In the Court case number Birmingham 8337 of 2014 [full name of court] (a) Insert name and address of Statement as to the affairs of (a) G Fry Demolition Limited, Yew Tree Farm, Main Road, registered office of the company Westwood, Nottingham, NG16 SHW on the (b) 29 August 2014, the date that the company entered administration (b} Insert date Statement of Truth | believe that the facts stated in this statement of affairs are a full, true and complete statement of the affairs of the above named company as at (b) 29 August 2014 the date that the company entered administration Full name Warn \on t, Signed Dated [q. (0-14 G FRY DEMOLITION LIMITED STATEMENT OF AFFAIRS AS AT 29 AUGUST 2014 A- Summary of Assets Book Estimated Value To Realise Assets £ £ Assets Subject To Fixed Charge Tracked Excavator 80,903 80,903 80,903 80,903 Secured Less Hyundai Construction Finance 80,903 80,903 surplus as regards Hyunda! Construction Finance 0 0 Assets Subject To Floating Charge Fixed Asset Investments 14,455 1 Debtors 65,543 13,294 Balance at Bank 62,379 62,379 Fry Demolition Limited 148,288 Uncertain 290,665 75,674 Uncharged Assets Nil Estimated total assets available for preferential creditors 290,665 75,674 -6-1 Signature Date l uy a G FRY DEMOLITION LIMITED STATEMENT OF AFFAIRS AS AT 29 AUGUST 2014 Ai - Summary of Liabthties Estimated To Realise £ Estimated total assets available for preferential creditors (cared from page A) 75,674 Liabilities Preferential Creditors Wages and Satanes 2,525 Holiday Pay 18,042 20,567 Estimated surplus as regards preferential creditors 55,107 Estimated prescribed part of net property where applicable 0 {to carry forward) §5,107 Debts secured by floating charges Nil 0 Estimated surplus as regards floating charge §5,107 Estimated prescribed part of net property where applicable (brought down) 0 Total assets available to unsecured creditors 55,107 Unsecured Non-Preferential Claims (Excluding any shortfall to floating charge holders) Trade and Expense Creditors 107,737 Inland Revenue - PAYE and NI 60,983 HM Customs & Excise - VAT 101,851 Director's Loan Account 91,518 Inter Company Accounts 66,646 Finance Lease shortfall 1 Redundancy & Pay in Lieu 184,350 Excess Wages Claims 1,334 Insurance Claim Excess 2,500 616,920 Estimated (deficiency) as regards non-preferential creditors (561,813) (Excluding any shortfall to floating charge holders) Shortfall to floating charge holders (brought down) 0 Estimated (deficiency) as regards creditors (561,813) Issued and called up capital !ssued Share Capital 1 Estimated total (deficiency) as regards members (561,814) Signature Date 4 (0 te hia} ASaye sinjeust ; 89 616919 slopes Aueduioz g Jed sy SNOLeA, ‘ 119 91 q “weySursig | syuswARg Aouepunpoy SIO[Posd [eNUsIEJaIg | 00 £99 07 PZPSI XOG Od | adtAtag Aouaarosuy au, : JH8: Lad shquoq 00 PL9°SL 0007 4990190 9 adseys Suljeoy pue poxty | 0 Old Id yue (ued HOSA] PONS WE Cp JaISUILJsay, [PUCHEN ‘ ‘ Zd8 81GM souBuly 00 €06°08 ploz Arenuer 0Z asea’] souruly | 00 £0608 SHOH ‘PIONIEM ‘Ob XOG Od uoljonsysuo> tepundpy 3 CIN} Joypass Aq play z (aposjsod yim) jueulie[d 10 Ayingas Jo one Aqunseas 31eq Ayunoas AueJo sjieyaq iqep Jo yunowy ssolppy JOUPIJd Jo awUIeN, uorssassod s ,Auedwios ayy ut Ayadoad 1940 2]11] Jo UOTUaIa1 BUIWUTE[O SIOJPaI PUD SOOIA19S 10 spoo8 Jo A[ddns ay} Jo souvape ur pred sjunoure SuIUNe[O sIoWO\sNd pup sjUsUISEITE aes [BUOTIIPUOD Jo Burseay jaeyo ‘aseyosnd-osty apun sioppass ATWSpt sn NO, :3}0N siojipaig Aueduiod dq B - Company Creditors GFRO01 G Fry Demolition Limited Code Name & Address Amount of Debt c0001 B&B Tractors (Bowring Transport) Lid 104 39 Windmill House Farm Forest Road Warsop Notts NG20 OEP C0002 Corden Hardware co Ltd 624 00 Industrial Estate South Park Road Calverton Nottingham NG14 6BP C0003 Champion Hire Ltd 136 92 2 Roman Ridge Road Sheffield South Yorks 89 1XG C0004 CITB Construction Skills 2,11800 Bircham Newton Kings Lynn Norfolk PE31 6RH C0005 Care Analytical Ltd 2,826 00 Unit § Woodham Road Battlesbndge Essex $811 7QL C0006 Construction Plant-Hire Association 790 80 27/28 Newbury Street Barbican London ECiA 7HU C0007 Cross Waste Recycling Ltd 432 00 Unit 1, Moorbridge Works Bestwood Road Bulwell Notts NG6 8SS c0008 G Fry Plant Hire Ltd 66,646 00 Yew Tree Farm Main Road Westwood Nottingham NG16 SHW Date (Ly. ID- (hu Signature GFROt Page 1/5 Printed on 09 Oct 2014 at 13 11 B - Company Creditors GFRO1 G Fry Demolition Limited Code Name & Address Amount of Debt co0009 Hire Station Limited 3,170 49 Fields Farm Road Long Eaton Nottingham NG10 3FZ C0010 ICS Waste Management 3,600 00 Sheepbndge Lane Mansfield Notts NG18 5DH c0011 JOM Consulting Ltd 3,792 00 Research Avenue North Riccarton Edinburgh EH14 4aP C0012 J White & Co (TDE) Ltd 1,492 80 Meadowbank Road Rotherham South Yorks S61 2NF c0013 Ashtead Plant Hire Co Ltd 7,334 91 102 Dalton Avenue Warnngton WAS3 6YE co014 Asbestos Survey & Management Ltd 100 00 Mill View House Belton Road Epworth S Yorks DNS 1JL C0015 Brandon Hire Plc 168 16 72-75 Feeder Road St Phillips Bristol BS2 0TQ C0016 JC Balls & Sons 806 53 Midland Ind Est Ambergate Belper Derbys DE56 2HX C0017 Johnsons Aggregates Ltd 440 52 Lows Lane Stanton by Dale likeston Derbys OE? 4QU Signature Date iy to iL GFRO1 Page 2/5 Pnnted on 09 Oct 2014 at 13 11 B - Company Creditors GFR01 G Fry Demolition Limited Code Name & Address Amount of Debt C0018 KIWA CMT Testing 415 50 Prime Parkway Pnme Enterpnse Park Derby DE1 30B C0019 Midland Landfill Ltd 126 00 Windmill House Farm Forest Road Warsop Notts NG20 CEP c0020 Magfern Waste Recycling Ltd 234 96 Accounts Dept Longbridge Lane Ascot Drive Derby DE24 8ST c0021 Northern Oil Co Ltd 29,289 36 Wollaton Road Nottingham NG8 1HU C0022 Pirtek (Northampton) 612 95 25 Hatton Close Moulton Park Northampton NN3 6SU c0023 PTL Occupational Hygiene Consultants Ltd 18 00 1 Church Walk Stapleford Nottingham NG9 8DE C0024 R Fletcher Waste! Disposal Ltd 188 50 Clement Works Clement Street Darnall Sheffield $9 SEA C0025 Rock Fall UK Ltd 15 12 Unit 1 Mayor House Wimsey Way Alfreton Derbys DES5 4LS Date 4. [o.- ae Signature GFRO1 Page 3/5 Printed on 09 Oct 2014 at 13 11 B - Company Creditors GFRO01 G Fry Demolition Limited Code Name & Address Amount of Debt C0026 SWS Environmental 2,572 26 Units 9/10 Hazel Court Burma Road Ind Est Blidworth Notts NG21 ORT C0027 SMH Products Ltd 2,242 46 SMH House Maxwell Street South Shields NE33 4PU C0028 Sage UK Ltd 278 04 North Park Newcastle upon Tyne NE13 9AA C0029 Sampal Disposable Supplies 259 74 Unit 4c Bradley Park High Holborn Road Derby DE5 3NW C0030 SITA UK Ltd 184 08 Units 301-304 Parkway Worle Western-Super-Mere North Somerset C0031 Total Hire & Sales Ltd 2,416 24 Victory House 99 Victory Road Derby DE24 8EL C0032 UK Tool Hire Ltd 4,321 44 Units 7/8 Enterprise Court Manners Ind Est Hkeston Derbys DE7 8EW C0033 Viking Direct 574 24 clo Flint Bishop LLP St Michael's Court St Michael's Lane Derby DE1 3HQ C0034 Wastecycle Ltd 2,476 75 Private Road No 4 Colwick Ind Est Nottingham NG4 2JT Signature Date ju lO. i GFRO1 Page 4/5 Pnnted on 09 Oct 2014 at 13 11 B - Company Creditors GFRO1 G Fry Demolition Limited Code Name & Address Amount of Debt C0035 Ward Recycling 36,574 02 Griffon Road Quarry Hill Ind Estate Ilkeston Derbys DE? 4RF C0036 Hyundar Construction Equipment Finance 100 PO Box 430 Watford Herts WD18 8EZ C0040 Estate of Graham Fry 91,517 50 Yew Tree Farm Main Road Westwood Notts NG16 5HW C0041 The Insolvency Service 185,684 00 Redundancy Claims PO Box 16685 Birmingham B2 2LX C0042 TIDO (CES} 162,834 00 Insolvencies & Securities HMRC 3rd Floor Euston Towers 286 Euston Road London NW1 3UQ C0043 Genesis Risk Solutions Limited 2,500 00 2nd Floor Suite The Mattings Locks Hill Rochford Essex SS4 1BB £616,919 68 Signature Date (tt 10-14 GFRO1 Page 5/5 Printed on 09 Oct 2014 at 13.11 G Fry Demolition Limited Notes to the Director's Estimated Statement of Affairs as at the 29 August 2014 Leased Assets The Company had a tracked excavator on a lease purchase contract from Hyundai Construction Finance Ltd The excavator has been returned to the finance company Fixed Asset Investments The Company's fixed asset investments have been valued by the Director at £1 Debtors The Company has book debts at 29 August 2014 of £65,543 The director has estimated that after provisions these debts will realise £13,294 Associated Company There 1s an outstanding debts from an associated Company, Fry Demolition Limited, with an estimated balance of £148,288 However, due to the financial position of this Company, the director estimates the amount recoverable to be uncertain Nat West Bank The Company operated a current account with Nat West Bank Pic and the estimated balance on the current account is £62,378 The Company also has a Bank deposit account with the Bank of £1 which gives net cash at bank of £62,379 The Bank ts secured by a fixed and floating debenture created 6 October 2000 and ts registered on 17 October 2000 Preferential Creditors The amount is estimated at £20,567 and ts due to the fact that twenty former employees have been made redundant and are awaiting payments for wages and any unpaid holiday pay Trade and Expense Creditors The amounts shown as due to the unsecured creditors have been extracted from the Company's books and records The agreement of the indtvidual creditor claims is a matter for the Administrator to adjudicate HMRC - PAYE The PAYE liability outstanding relates to the final six months of trading and 1s estimated at £60,983 net of CIS adjustments tds \Case Data\G\GFRO1\S4\Notes to the Director docx _ G Fry Demolition Limited HMRC — VAT The VAT liability relates to the fast quarter and final period of trading and Is estimated at £101,851 10 Redundancy and Pay in Lieu The Company employed twenty people, all of whom were made redundant on 8 August 2014 This is an estimate of their entitlement for redundancy and pay in lieu of notice 11 Excess Wages Claims This represents the amount due in respect of unpaid wages in excess of the preferential limit 12 Director's Loan Account This is an estimate of the amounts due to the Estate of Mr G Fry 13 Finance Lease Shortfall This represents an estimate of the balance due to the finance companies after the disposal or return of the assets 14 Inter Company Accounts This is an estimate of the amount owed to G Fry Plant Hire Limited as follows - Trading account £57,600 Loan Account £ 9.036 £66,646 15 Insurance Claim Excess The director ts aware of an outstanding insurance claim which, if successful, would result in a hability of £2,500 in respect of the policy excess jue '0 % Ids \Case Data\G\GFRO1\S4\Notes to the Director docx