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                                                                                                Form 4.20

Rule 4.34-CVL                                                                   S     9     5/9           9

    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

                                                                                       01726416

    Name of Company
     MECSERFLEX LIMITED


    We


           Asher Miller A.C.A
           Of David Rubin & Partners
           Pearl Assurance House
           319 Ballards Lane
           London N12 8LY




    the Liquidator of the above named company hereby attaches a statement of the Company’s
    affairs as at 24 March 2009.




    Signed:       WOO                                                 Date: 25 March 2009
                     =>
                                ————



    Presentor’s name address and                             For official use
    Reference (if any)                 Liquidation Section                Post Room

      David Rubin & Partners
      Pearl Assurance House
      319 Ballards Lane                                      {
      London N12 8LY
                                                                 4
                                                                 if
                                                                 2               *MATOBBMR*
                                                                        A06       31/03/2009        223
                                                                              COMPANIES HOUSE
               Rule 4.34-CVL                                                                                                     Form 4.19

                                                             Statement of Affairs

                                           IN THE MATTER OF THE INSOLVENCY ACT 1986


{a} Insert full name of company    Statement as to affairs of ®   MECSERFLEX        LIMITED
                                   on the 24 March      2009 being a date not more    than   14 days before the date of the
                                   resolution for winding up.



                                   Affidavit

                                   This affidavit must be sworn or affirmed before a Solicitor or Commissioner for
                                   Oaths when you have completed the rest of this form.

                                   I!      Lee Llewellyn, Director of Westhills Lodge Shaw, Lydiard Millicent, Swindon,

{b) Insert full name, occupation
                                   Wiltshire   SNS   9PP make     oath and say that the several pages exhibited hereto and
                   and address
                                   marked pages 1, 2, 3, 4 and 5 are to the best of my knowledge and belief a full, true and
                                   complete statement as to the affairs of the above named company as at 24 March 2009
                                   (being a date not more than 14 days before the date of the resolution for winding up)
                                   and that the said company carried on business as a manufacturer of mechanical service
                                   flexibles, components and equipment.



                                   Sworn at      SYLVESTER AMIEL LEWIN & HORNE LLP
                                                 SOLICITORS
                                                 PEARL ASSURANCE             HOUSE           a     HIEEIIDL past rains om

                                                 31LON ONLY
                                   Dates             eet
                                                         tod
                                                       cg tt vsesegepersgereree
                                                                                                                            aH woe




                                   A Solicitor Commissioner
                                               6+      for Cathy


                                    Before swearing the affidavit the Solicitor or Commissioner is particularly
                                    requested to make sure that the full name, address and description of the
                                    Deponent are stated, and to initial any crossings-out or other alterations in the
                                    printed form. A deficiency in the affidavit in any of the above respects will mean
                                    that it is refused by the court, and will need to be re-sworn.
    This is the exhibit referred to in the affidavit of Lee Llewellyn sworn before me this 24th day of March 2009.
                                                                                        &:                 TMetos
                                                                                                               OWN       ro
                                              MECSERFLEX LIMITED
                 ESTIMATED STATEMENT OF AFFAIRS ("ESOQA") AS AT 24 MARCH 2009


                                                                                Notes        Book            Estimated
                                                                                             Value           To Realise
                                                                                               £                 £
 ASSETS subject to Fixed Charge
    Book debts                                                                               250,408
    Less due to RBS Invoice Finance                                                          (183,015)
    Surplus/(Deficit) c'd                                                                      67,393          Uncertain



 ASSETS subject to Floating Charge
    Fixtures and Fittings                                                                      25,050                4,600
    Stock                                                                                    648,526             75,000
    Unlisted Investments                                                                              20      Uncertain
 ASSETS AVAILABLE TO FLOATING CHARGE                      HOLDER                                                 79,600
 PRESCRIBED PART OF NET PROPERTY c/d                                                                            (18,920)
 ASSETS AVAILABLE TO FLOATING CHARGE                      HOLDER                                                 60,680
 Less: Due to HSBC Bank Plc (QFCH)                                                                             (179,055)
 DEFICIENCY AS REGARDS FLOATING CHARGE                        HOLDER                                           (118,375)


 PRESCRIBED PART AVAILABLE TO UNSECURED CREDITORS b/d                                                             18,920


 UNSECURED CREDITORS - as per list B attached
 Trade and expense creditors                                                                 528,058
 HM Revenue & Customs (PAYE/NIC)                                                               27,039
 HM Revenue & Customs (VAT)                                                                        9,000       (564,097)
 DEFICIENCY AS REGARDS UNSECURED                    CREDITORS                                                  (545,177)
 DEFICIENCY AS REGARDS FLOATING CHARGE                        HOLDER                                           (118,375)
 DEFICIENCY AS REGARDS CREDITORS                                                                               (663,552)


 SHARE CAPITAL
 Ordinary shares of £1 each fully paid                                                                          (10,000)


 DEFICIENCY AS REGARDS CONTRIBUTORIES                                                                          (673,552)


‘NOTES
 1. Employees claims have not yet been calculated.




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