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Viewing 03271816_MzEyMzY1OTg1MGFkaXF6a2N4_SoA.txt
                                                                                                                     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

                                                                                                             03271816


                               Name of Company

                                                                 v
                       “   |    Faraday Fabrication & Welding Limited


                               1/ er
                                        /
                               Simon Thornton, The Conifers, Filton Road, Hambrook, Bristo!, BS16 10G




                               the liquidator(s) of the above named company attach a statement of the company affairs
                               as at 13 May 2015




                               Signed                                              Date               13 May 2015

                               Houghton Stone Business Recovery Limited                          .
                                                                                          For Official Use




                               —_                                                              HARUHI
                               The Conifers
                               Filton Road                                Insolvency Section      |         Past Ranm
                               Hambrook




Software Supplied by Turnkey Computer Technology Limited   Glasgow                                          14/05/2015       #115
                                                                                                        COMPANIES HOUSE
‘Rule 4 34-CVL                                                                           Form 4 19

                 Statement of Affairs

                 Statement as to affairs of

                 Faraday Fabrication & Welding Limited           a

                 on the 13 May 2015 the date of the resolution for winding up
                              4




                 Statement of truth


                 | believe that the facts stated in this Statement of Affairs are true


                 Full Name                \Ad_ “Same,        Wan

                 Signed                           |_A


                 Dated                                iife) M4       oly
Faraday Fabrication & Welding Limited
Statement Of Affairs as at 13 May 2015

A- Summary of Assets
                                                                                   Estimated to
Assets                                                        Book Value              Realise
                                                                   £                     £

Assets subject to fixed charge.
Factored Book Debts (1)                                         59,684 00     51,015 00
5 Arrows Business Finance plc                                               (44,720 00)
                                                                              6,295 00             6,295 00
Factored Book Debts (2)                                         55,900 00     Uncertain
Catalyst Business Finance Ltd                                               (33,341 00)
Deficiency c/d                                                              (33,341 00)


Assets subject to floating charge:
Office Furniture & Equipment                                                                         500   00
Stock                                                                                                600   00
Work in Progress                                                                                     500   00
Book Debts                                                     126,245 00                          7,000   00
Hand Tools ,Warehouse Equip &Consumables                                                           4,500 00
Goodwill                                                                                           4,000 00
Stock - Southampton CC Contract                                                                      250 00

Uncharged assets‘

Estimated tota! assets available for preferential creditors                                       23,645 00




                  fA
                  a
Signature                                           Date [34 Loltd
Faraday Fabrication & Welding Limited
Statement Of Affairs as at 13 May 2015

A1 - Summary      of Liabilities
                                                                                                        Estimated to
                                                                                                             Realise
                                                                                                                    £

Estimated total assets available for preferential creditors (Carried from Page A)                           23,645 00

Liabilities
     Preferential Creditors -
          Employee -Arrears of Wages & Hol Pay                                            13,719 00
                                                                                                            13,719 00
Estimated deficiency/surplus as regards preferential creditors                                                9,926 00

Debts secured by floating charge pre 15 September 2003
Other Pre 15 September 2003 Floating Charge Creditors
                                                                                                                   NIL
                                                                                                              9,926 00

Estimated prescribed part of net property where applicable (to carry forward)                                4,963 00
Estimated total assets available for floating charge holders                                                 4,963 00

Debts secured by floating charges post 15 September 2003
        Deficiency b/d                                                                   33,341 00
                                                                                                            33,341 00
Estimated deficiency/surplus of assets after floating charges                                              (28,378 00)



Estimated prescribed part of net property where applicable (brought down)                                     4,963 00
Total assets available to unsecured creditors                                                                 4,963 00

Unsecured non-preferential claims (excluding any shortfall to floating charge holders)
        Trade & Expense Creditors                                                        159,642   00
        Employees - Pay in Lieu & Redundancy                                              §0,010   00
        Directors Loan Account- lan Hardwick                                              26,563   00
        Nat West Bank plc                                                                  5,788   00
        HM Revenue & Customs - PAYE/NIC                                                   30,000   00
        HM Revenue & Customs - VAT                                                        30,000   00
        HM Revenue & Customs- Corporation Tax                                                307   00
        Inter-company Account-Karak Limited                                               49,258   00
        Employee unpaid expenses                                                             940   00
                                                                                                           352,508 00
Estimated deficiency/surplus as regards non-preferential creditors
(excluding any shortfall in respect of F.C's post 14 September 2003)                                      (347,545 00)

Shortfall in respect of F C's post 14 September 2003 (brought down)                                         28,378 00

Estimated deficiency/surplus as regards creditors                                                         (375,923 00)

Issued and called up capital
        Ordinary Shareholders                                                                100 00
                                                                                                                100.00
Estimated total deficiency/surplus as regards members                                                     (376,023 00)




Signature        4                                    Date_!3 iia 201d
Houghton Stone Business Recovery Limited
Faraday Fabrication & Welding Limited
B - Company Creditors
Key           Name                                      Address                                                                                                 £
C500          5 Arrows Business Finance Plc             Burlington House, Botleigh Grange, Office Campus, Grange Drive,, Hedge End,                   44,720 00
                                                        Southampton, SO30 2AF
C501          5 G Communications                        Phoenix House, Desborough Park Road, High Wycombe, Bucks, HP12 3BQ                               497 62
CA00          Aalco Metals (Southampton Branch)         clo The Credit Centre, Nautica, Navigation Park, Waters meeting Road, Bolton, BL1 8SW          1,009 98
CA01          Adecco UK Limited                         Unit 3010 The Pavillions, The Crescent, Solihull Parkway, Birmingham Business Park,            8,279 22
                                                        Birmingham, B37 7YE
CA02          Andover Patio Centre                      Picket Piece, Andover, Hants                                                                     249 00
CA03          Anton Saws & Machinery Limited            Hougoumont Industrial Area, Collingbourne Ducis, Wiltshire, SN8 3ET                              752   78
CA04          ASD Metal Services                        ASD Metal Services, Station Road, Stalbridge, Dorset, DT10 2RW                                 3,000   00
CA05          AT   F Supplies                           Foxcotte Barn, Foxcotte Lane, Charlton, Hants, SP10 4AB                                          324   91
CA06          Mr Simon Addison (travel expenses)                                                                                                         939   60
CBO0O         Brandon Hire ple (Andover)                72-75 Feeder Road, St Phillips, Bristol, BS2 OTQ                                               1,697 06
CBO01         F H Brundle                               24/36 Lamson Road, Ferry Lane North, Rainham, Essex, RM13 9YY                                  2,785 20
ccoo          Catalyst Business Finance Limited         4st Floor, 41 London Road, Palace Chambers, Stroud, Glos, GL5 2AJ                             33,341 11
Cco1          Carbon 60                                 Delme 1, Delme place, Fareham, Hampshire, PO16 8UX                                               617 76
Ccco2         Cardiff Galvanizers (1968) Ltd            Cambria House, East Moors Road, Cardiff, CF24        5EG                                      26,513 10
CC03          Collingborne Coatings Limited             Borne Works, High Street, Collingborne Ducis, Wiltshire, SN8 3EH                                  58 03
Ccco4         D G Engineering                           Unit 16, Faraday Park, Andover, Hampshire, SP10 3SA                                            1,020 00
Cccos         Chartax Accounting   & Taxation Limited   53 High Street, Keynsham,   North Somerset,   BS31   1DS                                       3,979 00
CC07          Chartercourt Investments Ltd              Wade Park Farm, Salisbury Road, Ower, Southampton, SO51 6AG                                    4,996   66
CbDO0O        Dunabb Transport                          Cambria House, East Moors Road, Cardiff, CF24 5EG                                                630   00
CD01          Davies & Sons Commercial Repairs          22, Hopkinson Way, West Portway Industrial Estate, ANDOVER, Hants, SP10      3LF                 417   42
CE00          ECAD Services Limited                     10 Meadows Drive, Loveclough, Rossendale, BB4 8FF                                              9,504   00
CE01          Elmbridge Supplies Company UK Ltd         Unit 20, Spinnaker Road, Hempsted, Gloucester, GL2 5FD                                           840   40
CEQ2          ESP Laser Cutting Ltd                     Unit 3, Centurion Business Park, Bessemer Way, Rotherham, S60 1FB                                994   08
CG01          Mr Brian Garman                           Unit 6, Arkwright Gate, Portway Ind Est, Anbover, SP10 3SB                                     3,035   40
CHO00         HM Revenue & Customs - VAT                HMRC National Insolvency Unit, 5th Floor, Regian House, James Street, Liverpool, L75          30,000 00
                                                        1AD
CHO01         HM Revenue & Customs - PAYE/NIC           Insolvency Claims Handling Unit, EIS Tyne & Wear, Room BP3202, Benton Park View,              30,000 00
                                                        Longbenton, Newcastle Upon Tyne, NE98 122
Page 1 of 3                                                              IPS SQL Ver 2014 10                                                    1y4May 2015 11 23
Houghton Stone Business Recovery Limited
Faraday Fabrication & Welding Limited
B - Company Creditors
Key           Name                                   Address                                                                                                   £
CHO02         HMG Coatings (South) Ltd               Faraday Park, West Portway Ind Est, Andover, Hants, SP10 3SA                                        124 66
CHO3          HSS Hire                               25 willow Lane, Mitcham, Surrey, CR4 4TS                                                            340 92
CH04          Hustbourne Garage                      Unit 1 Brunel Gate, Macadam Way, Andover, Hampshire, SP10 3SL                                     1,436 40
CHO06         John Harper                                                                                                                                 73 08
CHO7          HM Revenue & Customs-Corporation Tax                                                                                                       307 40
CJO0          James Cunniffe Partnership Ltd         The Studio, 202, Bulford Road, Durrington, Wilts, SP4   8HB                                       5,100 00
CJo1          John Parker & Son Limited              Vauxhall Ind Road, CANTERBURY, Kent, CT1 1HD                                                     43,653 34
CKOO          K&G Metalcraft Ltd                     Unit 2, Bury Farm, Curbridge, Southampton, SO30 2HB                                               5,575 20
CK01          Kite Engineering Supplies              Kite Engineering Supplies, Littleton Lane, Nr Sparshott, Winchester, Hampshire, SO21                 28 62
                                                     2LS
CKO2          Kaiak Limited                          c/o Raemar Hobbs Wall, Farmborough, Bath, BA2 0BH                                                49,258 00
CMo0          Medway Gailvanising Co Ltd             Medway Galvanising Co Ltd, Castle Road, Eurolink Industrial Centre, Sittingbourne, Kent,            765 59
                                                     ME10 3RN
CM01          Merityre Specialists Ltd               West Way, Walworth Ind Est, ANDOVER, Hants, SP10 5JG                                                108 28
CMO02         Mixamate Concrete & Screed             Stilprime Ltd va, 3 Anthony Way, Harbet Rd Industrial Estate, Edmonton, London, N18               3,406 00
                                                     3QT
CNOO          Nat West Bank plc                      PO Box 314, Woolen Hall, Castle Way, Southampton, S014 2DE                                        5,787 75
CNO1          Nationwide Roofing & Cladding Ltd                                                                                                          750 00
CPO0O         Platform Black Limited                 Level 6, Belvedere House, Basing View, Basingstoke, RG21 4HG                                     11,587 75
CP01          Pegasus Profiles (Southern) Ltd        Pegasus Profiles (Southern) Ltd, Hopkinson Way, Andover, Hants, SP10 3ZE                            390 00
Csoo          Martin Carter t/a Somer Rhein          Somer Rhein, 33 The Mead, Farmborough, Bath, BA2 0AG                                                420 00
cso1          South Coast Welding Supplies           Unit 6/7 Faraday Park, West Portway Ind Est, ANDOVER,         Hants, SP10 3SA                     1,159 89
CS02          Southern Water                         PO Box 41, Worthing, West Sussex, BN13 3NZ                                                          700 00
CSo3          South Coast Building Supplies          South Coast Builing Supplies, 43-55 Winchester Road, Southampton, Hampshire, SO16                 1,054 59
                                                     6UP
cs04          Stainless Metric Stock Ltd             Stainless Metric Stock Ltd, Hall Moss Business Park, Bull Hill Works, Bolton Road,                1,389 85
                                                     Darwen, Lancs, BB3 2TT
Cs05          Stewart R Littifair Carpenter          9, Avon Buildings, Christchurch, Hampshire, BH23 10S                                                200 00
cT01          Test Valley Borough Council            Beech Hurst, Weyhill Road, ANDOVER, Hants, SP10 3AJ                                               6,300 00
CT02          Travis Perkins                         The P & A Partnership Limited, 93 Queen Street, Sheffield, $1 1WF                                 2,171 15
Page 2 of 3                                                            IPS SQL Ver 2014 10                                                      13 May 2015 11 23
Houghton Stone Business Recovery Limited
Faraday Fabrication & Welding Limited
B - Company Creditors
Key             Name                        Address                                                                                                 £
cwoo            Wessex Fittings             South Way, Walworth Ind Est, ANDOVER,     Hants, SP10 5AF                                    1,104 40
cwo1            Wessex Galvanisers Ltd      Wedge Group Galvanizing Limited, Stafford Street, Willenhamm, West Midlands, WV13                 828 84
                                            4{RZ
Cwo2            Wolseley Centers Ltd        c/o The P&A Partnership Limited, 93 Queen Street, Sheffield, S1 1WF                            7203
EA0O            Mr Simon Addison            16 Charlton Close, Hook, Hampshire, RG27 9NB                                                6,672 91
EDOO            Mr John Doran               50 Charles Daulton Court, Western Road, Andover, SP10 2NT                                   1,306 90
EEBOO           Ms Laura Barrett            12 Elmgrove, Eastleigh, Hants, SO50 5GX                                                     3,858 00
EEE0O           Mr Tom Edwards              46 Colenzo Drive, Andover, Hants, $P10 4JL                                                    994 56
EEGOO           Mr Ben Gibson               1 New Cottages, Longstock, Stockbridge, Hants, SO20 6ED                                       648 70
EEHOO           Mr James Hodges             14 West Road, Woolston, Southampron, S019 9AJ                                               1,495 60
EEJOO           Mr Daniel Jones             4 Fifehead Cottages, Salisbury Lane, Middle Wallop, SO20 8JN                                1,323 48
EEMO00        = Mr Christopher McNally      1 Momosa Court, Floral Way, Andover, SP10 3QQ                                               8,817 96
EJ01            Mr Christopher Paul Jones   23 Poynters Close, Andover, Hants                                                           2,481 63
ELOO            Mr Peter Lake               77 Brunswick Road, Fair Oak, Eastleigh, SOS0 8FF                                           11,978 55
Emoo            Mr Kriss Machin             141 Tintagel Close, King Arthurs Way, Andover, Hants, SP10 4DD                               1,634 96
ERROO           Mr   Alan Rees              40 Lupin Cottage, Duck Street, Abbitts Ann, Andover, Hants                                  3,064     40
ESoo            Mr   Shaun Spencer          28 Batchelors Barn Road, Andover, Hants, SP10 1HR                                           2,316     70
RHOO            Mr   lan James Hardwick     Raemar Hobbs Wall, Farmborough, Bath, BA2 OBH                                              26,563     27
RSOoO           Mr   lan Swatton            119 Andover Road, Ludgershall, Hampshire, SP11 9LY                                         17,134     23
69 Entries Totalling                                                                                                                 444,287.92
Page 3 of 3                                                  IPS SQL Ver 2014 10                                                13 May 2015     11 23
    Faraday Fabrication & Welding Limited
    C - Shareholders
    Key           Name                      Address                      Pref   Ord   Other         Total
    HKOO          —-KAIAK Lemited                                           0   100       0           100
    1 Entries Totalling                                                                               100
_   Signature            A.     JS
    Page 1 of 1           |          |                IPS SQL Ver 2010                   13 May 2015 09 13

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