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                    Rule 2 29                                                                                                                       Form 2.16B
                                          The Insolvency Act 1986

                                          Notice of statement of affairs                                                                      2.16B
                                          Name of Company                                                                       Company number

                                           Banson Electric Co Limited                                                           01221016
                                           In the                                                                               Court case number
                                           High Court of Justice, Chancery Division, Manchester
                                           District Registry                                                                    2176/2010

                                                                                                  [full name of court)




          (a)      Insertname(s)and      = J/We     (a)_Tracey Pye and Patrick Lannagan of BDO                LLP,       3 Hardman Street,   Manchester,   M3
    address(es) of administrator(s)
                                           3AT




                                           Attach a copy of -
                * Delete as applicable
                                           * the statement(s) of affairs,




                                           1n respect of the administration of the above company



                                           Signed
                                                                    for
                                                          Joint/administrator(s)

                                           Dated               Ot       62       1




Contact Details:

You do not have to give any contact informatton in                   BDO       LLP, 3 Hardman Street, Manchester,
the box opposite but if you do, it will help Companies
House to contact you :f there 1s a query on the form                 M3 3AT
The contact information that you give will be visible                Our Ref         TP/DIP/JWIST/E4                           Tel 0161 8177500
to searchers of the public record

                                                                     DX Number                                           DX Exchange



          i              |       |         il        lh      hen you have completed and signed this form please send tt to the Registrar of Companies at

                                                             ampantes House, Crown Way, Cardiff, CF14 3UZ                        DX 33050 Cardiff
                             *ABI17RJL*

         All              10/02/2011                  4 91
                      COMPANIES HOUSE
             Rule 2 29                                                                                                              Form 2.14B


                                   Statement of affairs

                                   Name of Company                                                            Company number

                                   Banson Electric Co Limited                                                 1221016


                                   In the                                                                     Court case number
                                   High Court of Justice, Chancery Division, Manchester District              2176 of 2010
                                   Registry
                                                                                  [full name of court]




{a) Insert name and address of     Statement of affairs of (a)   _Banson Electric Co Limited       _whose registered office 1s situated at 3
        registered office of the
                       company     Hardman Street, Spinningfields,    Manchester, M3 3AT

                 (b) Insert date   On the (b)_15 September 2010 , the date that the Company entered Administration



                                   Statement of Truth

                                   I believe that the facts stated in this statement of affairs are a full, true and complete statement of the
                                   affairs of the above named Company as at (b)_15 September 2010 the date that the Company
                                   entered Administration

                                   Fullname     — Lee Michael Withey

                                   Signed          i] hhh

                                   Dated        7-           ~   2Of /
 A—Summary of Assets



FIXED CHARGE                                                       Book Value                 Estimated Outcome
                                                                            £                            €
Assets Specifically Pledged

Motor vehicle — Citroen Berlingo — PEO7 BVY                     2,454                           3,250
Less. Due to Yorkshire Bank Finance                            (1,022)                         (1,022)

Estimated Surplus Before Costs                                                  1,432                        2,228

Motor vehicle ~ Citroen Berlingo — PEO8 ABK                     3,642                           3,750
Less   Due to Yorkshire Bank Finance                           (2,513)                         (2,513)

Estimated Surplus Before Costs                                                  1,129                        1,237

Motor vehicle — Renault Traffic - PKO09 XAY                     8,321                          10,000
Less: Due to Hitachi Capital                                   (8,272)                         (8,272)

Estimated Surplus Before Costs                                                      49                        1,728

Office Equipment — Lanway Network Server                          519                           1,000
Less   Due to CIT Finance                                    |_ (4,835) _                    |__
                                                                                             (4,835) _
Defeciency    Carried   Down     to   None   Preferential                       (4,316)                      (4,835)
Creditors

Office Equipment — Staveleys Phone System                        9,364                            500
Less. Due to CIT Finance                                        (9,615)                        (9,615)

Defeciency    Carried   Down     to   None   Preferential                         (251)                      (9,115)
Creditors



Assets Subject to Floating Charge

Book debts                                                    611,310                         305,000
Motor vehicles                                                 23,887                          13,000
Plant, machinery & tooling                                        561                              100
Fixtures, fittings and office equipment                         3,486                             500
Stock (subject to retention of title)                           5,700                             500
Work in Progress                                              297,232                         150,000
                                                                                   942,176                   683,045

 Uncharged assets:

 Inter Group Loans                                                                 829,791

 Estimated    total assets available    for preferential                         1,771,967                   474,293
 creditors Li            | | /

 Signature      VW                                    Date     7-2-7201)
Al —- Summary of Liabilities


                                                                                                         Estimated
                                                                                                         to realise
                                                                                                           £

                    Estimated total assets available for preferential
                         Creditors (carried from page A)                                       £          474,293
                                                                                £
Liabilities
 Preferential creditors -                                                       (24,304)

Estimated deficiency/surplus as regards preferential creditors                                 £           449,989

                                                                                £
Estimated prescribed part of net property where applicable (to carry forward)   N/A                        NIL

Estimated total assets available for floating charge holders                                   £           449,989

                                                                                £
Debts secured by floating charges
              National Westminster Bank Plc                                     (690,000)
                    Lee Withey                                                  (161,660)
Estimated deficiency after floating charges                                                     £        (401,671)

                                                                                £
Estimated prescribed part of net property where applicable (brought down)       N/A                        NIL

Total assets available to unsecured creditors                                                      £     (401,971)

                                                                                £
Unsecured non-preferential creditors
Deficiency as regards finance creditors brought forward                              (13,950)
Trade and expense creditors                                                         (877,884)
Director’s loan account
HMRC - VAT                                                                                 (399)
HMRC — PAYE                                                                             (87,678)
Employee Claims - Arrears of pay and holiday pay                                (284,393)
above RPO limits, Redundancy pay, and notice pay


                                                                                                        (1,264,304)

Estimated deficiency/surplus as regards creditors                                                  £!   (1,665,975)

                                                                                    £
Issued and called up capital                                                                               (20,000)

Estimated total deficiency/surplus as regards members                                              £    (1,685,975)
                   LZ            7)

sienature     ff        [1   4h                       Date   7-27       20/)
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