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 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

                                                                        03006368
To the Registrar of Companies Company Number
| MARKETBEST YORKSHIRE LIMITED
[Insert full name(s) and address(es)]

|, 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
a

 Presentor's name, address and reference (if
any)

                                          For official use
Leonard Curtis
Tower 12
18/22 Bridge Street




                                                                      na
Spinningfields
Manchester
 M3 382
 For official use




                                                                                  49/03/2015         #118
                                                                              COMPANIFS HOUSE
Rule 4 34-CVL                                                                                        Form 4 19




                    Statement of Affairs


                    Statement as to affairs of

                    MARKETBEST YORKSHIRE 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




                                           {     D     bi     ene          a
                    Full name




                    Signed




                                           Vl        Wkywot(            oir
                    Dated




CVLMF419 06-04-10
 MARKETBEST YORKSHIRE LIMITED


                                                                                                        APPENDIX |

                     DIRECTOR'S ESTIMATED STATEMENT OF AFFAIRS AS AT 11 MARCH 2015

                                                              Book value                    Estimated to Realise
                                              Note        £                   £              £                 £
Assets Specifically Pledged
Goodwill                                       1              Nil                                 Nil
less HSBC Bank Pic                             4       (408,858)                          (408,858)
Surplus / (Shortfall) c/fwd -                                              (408,858)                        (408,858)


Assets Not Specifically Pledged
Debtors and Retentions                                  377,871                                  nk
Connected Debtors                                       417,211                                   Nit
                                                                            795,082                                  Nil
Preferential Creditors
Employee Claims / ERA 2006 Claims (est )                                      (Nil)                                (Ni)
Net Property available for Prescribed Part*                               795,082                                   Nil
Less Prescnbed Part                                                            Nia                                (Nil)
Available for Floating Charge Creditor                                    795,082                                   Nit
Shortfall b/fwd - HSBC Bank Plc                                         (408,858)                           (408,858)
Surplus / (Shortfall) c/fwd                                               386,224                           (408,858)

Add Prescnbed Part                                                               Nia                                Nil
Available for Ordinary Unsecured Creditors.                                 386,224                                 Nil

Ordinary Unsecured creditors
HM Revenue & Customs - CVA (est }                      (155,000)                          (155,000)
Connected Creditors (est }                           (1,068,224)                        (1,068,224)
Trade and Expense Creditors (est )                      214,119)                          (214,119)
Total Ordinary Unsecured Creditors                                    (1,437,343)                         (1,437,343)
Estimated Deficiency as regards Unsecured
                                                                     (1,051,119)                          (1,437,343)
Creditors
Shortfall b/fwd - HSBC Bank Plc                                                   Nit                       (408,858)
Estimated Deficiency as regards Creditors                            (1,051,119)                          (1,846,201)
Issued share capital                                                        (100)                                (100)
Estimated Defictency as regards Members                              (1,051,149)                          (1,846,301)




Signed                                                                11 March 2015
 MARKETBEST YORKSHIRE LIMITED


                                                                                                              APPENDIX fl

                                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

 1       Assets Specifically Pledged

         Goodwill

         The book value of the goodwill has been shown as nil No goodwill value appears in the management accounts
         and the Company's balance sheet as at 30 June 2014 HSBC Bank Plc hold secunty by way of a debenture
         created on 26 June 2008 and registered on 1 July 2008

         Assets Not Specifically Pledged

         Debtors and Retentions

         The book value of the debtors and retentions 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 two large disputed accounts, in
         the sum of £376,000, detailed at 4 10 of the report accompanying this statement of affairs However, given the
         nature of the debt, any recovenes are uncertain in addition tt would be commercially sensitive to disclose any
         estimated realisation figures at this time and the Joint Liquidators do not want to prejudice collections

         Connected Debtors

         Details of the connected debtors are provided below

         Marketbest Plant Limited - £112,293
         HAB Northem Limited - £304,918 -

         The book value of the sums due from HAB Northern Limited ("HAB”) has been extracted from the Company's
         debtor ledger as at 2 March 2015 Given that HAB claim to be owed monies having advanced more than was
         due for services rendered to it, it 1s not anticipated that funds will be received from this source

         The amounts due from Marketbest Plant Limited has been taken from the amount detailed in the proposal for
         the Company Voluntary Arrangement There Is no subsequently recorded balance as reported within post CVA
         Arrangement accounts

         Employee Claims ¢ ERA'2006 Claims (est }

         The Company did not employ staff directly, but did use labour, pnncipally the director, who was employed by
         Marketbest Limited This Company has also ceased trading and will enter liquidation

         Where applicable, employees will be entitled to make claims (subject to certain mits) under the Employment
         Rights Act 2006 (ERA'2006) from the govemment department known as the Redundancy Payments Service
         ("RPS") The Employee claims may include arrears of pay, holiday pay, compensation tn leu of notice 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 it has made Employee Claims / ERA'2006
         have been estimated for the purposes of the statement of affairs and are not considered as agreed amounts




                      fA


Signed
                ia                                                            14 March 2015
 MARKETBEST YORKSHIRE LIMITED


                                                                                                            APPENDIX It

                            NOTES TO THE ESTIMATED STATEMENT OF AFFAIRS (cont )

          Prescribed Part

          The Insolvency Act 1986 provides that, where a company has created a floating charge after 15 September
         2003, a prescnbed part of the company's net property must be made available to the unsecured creditors and
         not be distnbuted to the floating charge holder except in so far as it exceeds the amount required for the
         satisfaction of unsecured claims     The net property represents the assets available after the costs and
         expenses of the insolvency procedure and the discharge of preferential creditors’ claims in full No provision
         has been included within the estimated statement of affairs regarding the costs and expenses of the insolvency
         procedure
         The method of calculating the prescribed part is given below
         Where the net property does not exceed £10,000 (the prescnbed minimum) it may be considered that the cost
         of making a distnbution Is disproportionate to the benefits and no prescnbed part is required fo be set aside
         Where the net property exceeds £10,000 the prescribed part is calculated at a value of 50% of the first £10,000
         plus a further 20% of the net property which exceeds £10,000, up to a maximum prescnbed part of £600,000
         Based upon the information currently available, it is not presently known if there will be a prescnbed part fund
         available in this case Any distributions is dependent upon book debt recovers from the two unconnected book
         debts

         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 habilities are in
         respect of the following periods
         Debt incurred pnor to the CVA ~£155,000

         Further sums are likely to be due to HMRC in relation to PAYE/NIC and VAT accrued since the commencement
         of the CVA which has yet to be quantified A full reconciliation exercise Is required in relation to VAT, CIS
         (reclaims) and PAYE and the intercompany trading status with Marketbest Limited and HAB

         Connected Creditors
         Details of the connected creditors are provided betow

         Marketbest Limited - £574,799
         Marketbest Plant Limited - £188,507
         HAB Northern Limited - £304,918

         The amount due to Marketbest Limited has been taken from the amount detailed as due in the proposal for the
         Company Voluntary Arrangement There Is no subsequently recorded balance as reported within post CVA
         management accounts

         The amounts due to Marketbest Plant Limited and HAB Northem Limited have been extracted from the
         Company's books and records as provided by the directors and / or the Company's advisors as the
         management accounts identify post CVA transactions

         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 find onginating CVA proposal as provided by the directors and / or the Company's advisors A detalled



Signed                                                                       11 March 2015
MARKETBEST YORKSHIRE LIMITED


      list of these amounts has been provided at Appendix ill The amounts shown should not be regarded as
      agreed




                                                                 41 March 2015
MARKETBEST YORKSHIRE LIMITED


                                                                       APPENDIX Ill

                               SCHEDULE OF CREDITORS

See attached list




                                                       14 March 2015
 B - Company     Creditors
 M842L Marketbest Yorkshire Limited

 Code                  Name & Address                                      Amount of Debt

 c0001                 AW    Lumb (Northern) Ltd                                  21,650 79
                       Mill Street East
                       DEWSBURY
                       West Yorkshire
                       WF12 9BD


 C0002                 Bellway Homes Ltd                                           6,291 76
                       2 Deighton Close
                       WETHERBY
                       North Yorkshire
                       LS22 7GZ

 C0003                 C Bick supplies                                               373 01

0004                   Censis                                                     11,370 29
                       Chartered Accountants
                       Exchange Buildings
                       66 Church Street
                       HARTLEPOOL
                       TS24 7DN

C0005                  Chns Miller                                                 3,570 00
                       6 CONSTABLE ROAD
                       HUNMANBY
                       N YORKS
                       YO14 OLH


C0006                  CID GROUP                                                   1,452 73
                       Unit 2 Arthur Street
                       Stanningley
                       LS28 6JY

C0007                  GMGB ¥a Civil & Lintels                                     9,806 08
                       clo The P&A Partnership Limited
                       93 Queen Street
                       Sheffield
                       S1 1WF


C0008                  Coast & Country Developments                                5,661 49
                      14 ENNIS SQUARE
                      DORMANSTOWN
                      REDCAR
                      TSi0 SJR

C0009                 DIESEL DIRECT                                                5,222 67
                      Fuel Card Services Ltd
                      Alexandra House
                      Lawnswood Business Park
                      Leeds
                      LS16 6QY




                      Signature                                     Date


M842.                                                    Page 1/4
 B - Company     Creditors
 M842L Marketbest Yorkshire Limited

 Code                  Name & Address                                          Amount of Debt

 C0010                 Endeavour Parnership LLP                                        2,900 00
                       WESTMINSTER
                       ST MARKS COURT
                       TEESDALE BUS PARK
                       TEESSIDE
                       TS17 6QP

 coo11                 Galaxy Insulation & Dry Lining Ltd                              9,270 30
                       Unit 12 Surbiton Street
                       Attercliffe Common Industnal Estate
                       Sheffield
                       $9 2DN


C0012                  Greenham Ltd                                                      135 00
                       671 London Road
                       ISLEWORTH
                       Middlesex
                       TW7 4EX

C0013                  HAB Northern Ltd                                              304,917 99
                       43 Coniscliffe Road
                       Darlington
                       County Durham
                       DL3 7EH

C0014                  HAGUE MARTIN                                                    1,395 10
                       CARLISLE STREET EAST
                       SHEFFIELD
                       $4 8DT

C0015                  HATHER PLANT HIRE                                                 754 00
                       Aldwarke Road
                       Parkgate
                       Rotherham
                       S Yorkshire
                       $62 6BZ

C0016                 HEWITSON LTD                                                    13,255 74
                      Teesside Grange
                      Eaglescliffe
                      Stockton on Tees
                      TS16 0QH


C0017                 HM Revenue & Customs                                           455,000 00
                      Voluntary Arrangements Service
                      Durnngton Bridge House
                      Barrington Road
                      Worthing
                      BN4 3UZ

C0020                 James Burrell Limited                                           21,853 44
                      Deptford Road
                      Gateshead
                      Tyne & Wear
                      NE8 2BR


                      Signature                                         Date


M842L                                                        Page 2/4
 B - Company Creditors
 M842L Marketbest Yorkshire Limited

Code                   Name & Address                          Amount of Debt

c0021                  Kevin Rewcastle                                 3,367 20
                       Gowthorpe Cottage
                       Saddlethorpe Road
                       Blacktoft
                       Goole     East Yorkshire
                       DN14 7XU


c0022                  Knowles International Lid                      12,435 36
                       BRITANNIA HOUSE
                       20 FALCON COURT
                       PRESTON FARM
                       STOCKTON
                       TS18 31X


C0023                  KPH Plant Hire Lic                             35,336 18
                       Pennine View
                       Gelderd Road Indust Estate
                       BIRSTALL
                       West Yorks
                       WF17 9NF

c0024                  LAFARGE AGGREGATES LTD ta Micromix              8,747 34
                       clo The P&A Partnership Limited
                       93 Queen Street
                       Sheffield
                       Si 1WF


C0025                  Marketbest Plant Lid                          188,507 84
                       Exchange House
                       66 Church Street
                       Hartlepool
                       TS24 7DN


C0026                  Mone Bros Ltd                                   1,896 99
                       Albert Road
                       Morley
                       LEEDS
                       LS27 8RU


c0027                  PQS SURVEY LTD                                  5,580 40
                       EDUCATION ROAD
                       MEANWOOD
                       LEEDS
                       LS? 2AL


C0028                  RACKHAM HOUSEFLOORS LTD                        21,236 58
                       Mill Street East
                       Dewsbury
                       W Yorkshire
                       WF12 9TA




                      Signature


M&42L.                                              Page 3/4
 B - Company     Creditors
 M842L Marketbest Yorkshire Limited

 Code                  Name & Address                                  Amount of Debt

 0029                  REGUS                                                    2,002 19
                       Forsyth House
                       Cromac Square
                       Belfast
                       BT28LA


 C0030                 SIG Trading Limited                                     441181
                       clo The P&A Partnership
                       93 Queen Street
                       Sheffield
                       St (WF


 c0031                 Skye direct                                               132 06
                       Unit 15-16 Howley Bus Park
                       Howley Park Road
                       MORLEY
                       LS27 0BZ


C0032                  Sweeting of Leeds                                       3,084 74
                       Unit 14
                       Thorpe Hil! Farm
                       Lingwell Gate Lane   Thorpe
                       Wakefield
                       WF3 3BX

C0033                  Til-ex Ltd                                                925 34
                       GROVE WORKS
                       HEALEY ROAD
                       OSSETT
                       WFS5 8LN


C0036                  Marketbest Limited                                    574,799 00
                       Exchange House
                       66 Church Street
                       Hartlepool
                       TS24 7DN


C0037                  HSBC Bank Pic                                         408,858 00
                       31 Bridge Street
                       Blyth
                       Northumberland
                       NE24 2AB


                                                                          £1,846,201 39




                      Signature                                 Date


M842L                                                Page 4/4