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Rule 4.34 - CVL                                                                            Form 4.20

                  The Insolvency Act 1986                                              S.95/99
                  Statement of Company’s Affairs
                  Pursuant to Section 95/99 of the                   For Official Use
                  Insolvency Act 1986                                            ¥         ”




                  To the Registrar of Companies

                                                                     Company Number

                                                                                 2348957
                  Name of Company
(a) Insert full
name of            (a) TUNNEL STEELS LIMITED
company


(b) Insert full (b) |           GARY STONES FCCA
name(s)                         STONES & CO
and                             63 WALTER ROAD
address(es)                     SWANSEA
                                SA1 4PT

(c) Insert        the Liquidator of the above named company attach a statement of
date              the company’s affairs as at (c) 7th June 2012




                  Signed       OR                           Dated 21st June 2012


                                                                For Official Use

Presenter's         GARY STONES F CCA         |   Liquidation Section                Post Room
Name,               STONES & CO
address and         63 WALTER ROAD



                    ee ie
tef (if any)        SWANSEA


                                                          MN mM
                                                                        ——————




                                                                      *A1BNI   6
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                                                                                               #261
                                                                  COMPANIES HOUS
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Rule 4.34 -CVL                                                                     Form 4.19

                  STATEMENT OF AFFAIRS

                  Statement as to the Affairs of Tunnel Steels Limited

                  (Co      No     2348957)


                  on the 7th June 2012 being a date not more than 14 days before

                  the resolution for winding up


                  STATEMENT OF TRUTH

(a) insertname | (a)            Jonathan Harvey Cross
and occupation
                                Company Director

(b) Insert full   of (6)        67 Heathfield,
address
                                Swansea, SA1 6EL


                  belreve that the facts stated in this Statement of Affairs are true


                  Full Name                      Jonathan Harvey Cross




                  Dated                          21st June 2012
A-Summary of Assets
                                                                       Book      Estimated
                                                                       Value     to Realise
                                                                          £           £

Assets Subject to Fixed Charge -




Assets Subject to Floating Charge:-

Plant & Equipment                                                         8686         2995

Office Equipment                                                          3864          479

Motor Vehicle                                                              400          300

Stock in Trade                                                          11362          3055

Book Debts                                                              18747          8725




Uncharged Assets -




Estimated total assets available for Preferential Creditors                           15554



                                                      21st June 2012
  Signature     CPEs.                A)    rate
                      7
At - Summary of Liabilities
                                                                                      Estimated to
                                                                                         Realise
                                                                                            £
Estimated total assets available for Preferential Creditors (carried
from page A)                                                                      £        15554
Less Liabilities                                                          £

Preferential Creditors -

Personnel - Wages & Holiday Pay                                         2118          (      2118)

Estimated deficrency/surplus as regards Preferential Creditors                £            13436

Estimated Prescribed Part of net property where
applicable (to carry forward)
Estimated total assets available for Floating Charge                                       13436
holders

Debts secured by Floating Charges
Barclays Bank Plc                                                        1500         (     16500)

Estimated deficiency/surplus of assets after Floating Charges                              11936

Estimated Prescribed Part of net property where
applicable (brought down)
Total assets avatlable to Unsecured Creditors                                     £        41936

Unsecured Non-Preferential Claims:- (excluding any shortfall to
Floating Charge holders)
Trade & Expense Creditors                                       54199
Loan Account                                                  100000
HM Revenue & Customs - PAYE & NIC and VAT                       53000
Personnel - Redundancy & Notice Pay & Non Pref Wages            31363

                                                                                          (238562)


Estimated deficiency/surplus as regards Non-Preferential Creditors                £ | (226626)
(excluding any shortfall to Floating Charge holders)

Shortfall to Floating Charge holders (brought down)
Estimated deficiency/surplus as regards Creditors                                 £ | (226626)

Issued and Called Up capital:-
Ordinary Shares of £1 each                                             122600             (122600)

Estimated total deficiency/surplus as regards Members                             £ | (349226)




Signature                            i
                                     “I
                                           Date    21st
                                                     June 2012 _
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