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                                                                                                                       Form 4 20
 Rule 4 34 - CVL

                           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

                                                                                                               08145476


                            Name of Company


                              PRIMIER FOOD PACKAGING LIMITED


                            1/ Wer
                            Mehmet Arkin
                            Maple House
                            High Street
                            Potters Bar
                            Hertfordshire
                            EN6 5BS




                            the liquidator(s}of the above named company attach a statement of the company affairs
                            as at 19 February 2014




                            Signed                                                 Date               21 February 2014
                                            ——




                                                                                                       :
                            Arkin & Co
                            Maple House                                                   For Official Use
                            High Street                               Insolvency Section          |            Post Room
                            Potters Bar
                            Hertfordshire
                            EN6 5BS
                                                                         TUESDAY




                            Ref      F279PR/MA/RS
                                                                                               “A32GW84H*
Software Supplied by Turnkey Computer Technology Limited   Glasgow
                                                                                   A30          25/02/2014            #181
                                                                                            COMPANIES HOUSE
Section 98   Statement of Affairs
IA 1986      Insolvency Act 1986
             In the MATTER OF PRIMIER FOOD PACKAGING          LIMITED




             Statement of Truth

             | believe that the facts stated-


                 a)   inthis Statement of Affairs, and
                 b)   in the continuation sheets, are true




             ruunme           [MAN               I           Oe

             cua                  ft- C2. /Y
                                                 Insolvency Act 1986


                                           Primier Food Packaging Limited

                               Estimated   Statement Of Affairs as at 19 February 2014



                                                             Book Value           Notes       Estimated to Realise
                                                             £                                £           £

ASSETS

Cash at Bank                                                       120                    1                          120



LIABILITIES
PREFERENTIAL       CREDITORS      -
Employee Arrears/Holiday Pay                                                              2
                                                                                                                     120



DEBTS SECURED BY FLOATING CHARGE PRE 15 SEPTEMBER 2003
OTHER PRE 15 SEPTEMBER 2003 FLOATING CHARGE CREDITORS                                                                NiL
                                                                                                                     120



Esttmated   prescribed part of net property where applicable (to carry forward)           3                          NIL
                                                                                                                     120


DEBTS SECURED         BY FLOATING CHARGE         POST 15 SEPTEMBER 2003                                              NIL
                                                                                                                     120




Estimated prescribed part of net property where applicable (brought down)                                            NIL
                                                                                                                     120

Unsecured      non-preferentiai claims (excluding any shortfall to floating charge    holders)


H M Revenue & Customs - VAT                                                               4    176,205
Director's Loan Account - Ivan Ivanov                                                     5      4,800




Estimated deficiency as regards non-preferential creditors                                                    181,005
(excluding any shortfall in respect of F C's post 14 September 2003)

                                                                                                              180,885


Issued and called up capital
Ordinary Shareholders


TOTAL DEFICIENCY                                                                                                           4

                       4                                                                                      180,886
Signed                /    Cof/


            Mr Ivan Petkov Ivanov
            Director
Primier Food   Packaging      Limited


Notes to Director's     Estimated Statement of Affairs

       1 There are no accounts avatlable and the director, Mr !van Ivanov, has advised that there are no assets
         of which he is aware


       2 There are no employee claims


       3 Section   176A (1)(a) requires liquidators to set aside the prescribed part of the
         Company's net property for the satisfaction of unsecured debts         "Net property” means the
         amount which would, if it were not for this provision, be available to floating charge holders (1 ¢e
         after accounting for preferential debts and the costs of realisation) and if the floating charge was
         created on or after 15 September 2003         The “prescribed part” is 50% of the first £10,000 and
         20% of the remaining net property (up to       a maxmum     of £600,000)

         The liquidator will not be required to set aside the prescribed part if

         a             The net property ts less than £10,000 and he thinks that the cost of distributing the
                       prescribed part would be disproportionate to the benefit, or

         b             If the net property ts more than £10,000, if the proviston is disapplied by the Court on
                       the application of the liquidator on cost-benefits grounds

         If the floating charge was created before 15 September 2003 there is no net property and,
         consequently, no prescribed part of net property

         There are no charges registered against the Company and this provision does not therefore apply in this
         Instance

       4 This is the     amount due to HM Revenue & Customs         in respect of VAT relating to quarters from January
         2013 to cessation of trading

       5 This 1s the balance due to the director, Mr Ivan lvanov, from personal funds provided to meet the costs
         of convening the meeting of members and creditors
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