Complete Fabrication Services Limited – in liquidation · Complete Fabrication Services Limited – in liquidation 9 Whilst the prescribed part provisions apply in this case as

Complete FabricationServices Limited – inliquidation

For the period from 18 September 2015 to17 September 2016

www.pwc.co.uk/cfs

15 November 2016

Complete Fabrication Services Limited – in liquidation 2

To all known members and creditors

15 November 2016

Dear Sir/Madam

Complete Fabrication Services Limited – in creditors’ voluntary liquidation (“the Company)”

This is our first progress report to members and all known creditors in the above liquidation for the period18 September 2015 to 17 September 2016.

If you have any queries in connection with this report, please contact Leanne Taylor on 0113 289 4917.

Yours faithfully

Toby UnderwoodJoint liquidator

Toby Scott Underwood and David James Kelly have been appointed as joint liquidators of the Company. The jointliquidators are licensed in the United Kingdom to act as insolvency practitioners by the Institute of Chartered Accountantsin England and Wales.

The joint liquidators are bound by the Insolvency Code of Ethics which can be found at:https://www.gov.uk/government/publications/insolvency-practitioner-code-of-ethics.

The joint liquidators are Data Controllers of personal data as defined by the Data Protection Act 1998.PricewaterhouseCoopers LLP will act as Data Processor on their instructions. Personal data will be kept secure andprocessed only for matters relating to the liquidation.


Definitions used in this report

Definition used Term

“the Company” Complete Fabrication Services Limited

“CVL” or “liquidation” Creditors’ voluntary liquidation

“the liquidators”, “we” or “us” Toby Underwood and David Kelly

“PwC” PricewaterhouseCoopers LLP

“IR86” The Insolvency Rules 1986

“IA86” The Insolvency Act 1986

“Sch. B1 IA86” Schedule B1 to the Insolvency Act 1986

“SIP 9” Statement of Insolvency Practice No. 9

“the Bank” or “secured creditor” Barclays Bank Plc

“BSF” Barclays Sales Finance

“Offshore” Complete Fabrication Services (Offshore) Limited

Table of contents

1. Introduction 5

1.1. Why we’re sending you this report 5

1.2. Appointment of administrators 5

1.3. Estimated dividend prospects 5

2. Progress made during the period 6

2.1. Assets realisations 6

2.2. Assets not specifically pledged to a creditor 6

2.3. Statutory and compliance 7

2.4. Directors’ conduct 7

3. Outcome for creditors 8

3.1. Secured creditors 8

3.2. Preferential creditors (mainly employees) 8

3.3. Unsecured creditors 8

4. Liquidators’ fees and other financial information 10

4.1. Our fees 10

4.2. Our disbursements 10

4.3. Creditors’ rights 10

4.4. Receipts and payments account 10

4.5. Statement of expenses 10

Appendix A. - Statutory and other information 11

Appendix B. - Receipts and payments account for the period 18 September 2015 to 17 September 2016 12

Appendix C. - Details of our remuneration and disbursements and other professional costs 13

Appendix D. - Statement of expenses for the period 18 September 2015 to 17 September 2016 18

Appendix E. - Statement of claim form 19


1. Introduction

1.1. Why we’re sending you this report

This is our first progress report to members and creditors. It will help if you read this alongside the jointadministrators’ previous progress report which can be found at www.pwc.co.uk/cfs.

This report provides a summary of:

The steps taken during the first year of the liquidation; Outstanding matters; and A provisional estimate of the outcome of the liquidation for unsecured creditors.

In Section 2 we provide more detailed information on what we’ve been doing during the period covered by thisreport and in Section 3 we provide information as to what the outcome for creditors might be.

By law, we have to give you certain statutory information which is included in Appendix A.

1.2. Appointment of administrators

On 4 March 2015 we were appointed joint administrators of the Company. The administration ended on 18September 2015, when the Company went into creditors’ voluntary liquidation and we were appointed as jointliquidators.

1.3. Estimated dividend prospects

% Recovery Forecast Timing

For preferential creditors:i.e. former employees (for unpaid wages up to £800 andholiday pay only) and unpaid pension contributions incertain circumstances:

This report: 100 %Last report: 100 %

Already paid

For unsecured creditors:i.e. all other creditors who are neither secured norpreferential:

This report: 7 - 14 %Last report: 10-20 %

3 months

Please note this guidance on dividend prospects is only an indication. You shouldn’t use it as the main basis ofany bad debt provision that you may need to make.

The estimated unsecured dividend has decreased since our previous report due to an additional number ofclaims being received which were not included within the director’s statement of affairs.


2. Progress made during the period

2.1. Assets realisation summary

We’ve realised the Company’s assets as follows:-

Actualrealisations

£

Bank interest 468.35Book debts 4,398.00Cash balance transferred from the administration 235,788.52Insurance refund 360.00Rental income 7,000.00

248,014.87

We provide more detail on these realisations below. We believe all assets have now been realized.

2.2. Assets not specifically pledged to a creditor

Work in progress

At the date of administration, work in progress had a book value of approximately £3,300. In addition to thisthere were approximately £7,000 of outstanding orders.

Some £1,6oo of the work in progress related to loss making orders, therefore there was no value in completingthe work. This was sold to Offshore for £250 during the administration.

The remaining work in progress and outstanding orders were subcontracted to Offshore and completed. Therevenue generated from the fulfilment of contracting out the residual work in progress totalled £10,567(excluding VAT). This was received during the administration. The associated costs of fulfilling the orders werepaid during the liquidation as shown on the enclosed receipts and payments account. There will be no furtherreceipts or payments in this area.

Book debts

At the date of the administration appointment, the book debts outstanding were £174,125 and subject to a BSFassignment. Once BSF had been paid in full, remaining book debts were reassigned to the Company in theliquidation.

An amount of £4,398.00 was collected during the period covered by this report. Residual book debts of £2,031have been written off as it was not economical to pursue these. There are no further book debts to realise.

Cash transferred from the administration

An amount of £235,788.52 was received following the move from administration to liquidation, being the cashbalance at the time and subject to unpaid administration expenses to be paid in the liquidation.

Insurance refund

An amount of £360.00 was received due to an overpayment in the administration.


Rental income

At the date of administration, the Company occupied long leasehold premises in South Shields. Theadministrators’ marketed the property and a sale was completed during the administration.

In order to mitigate property holding costs while the sale process was ongoing, the property was rented out.Total rental income of £7,000 accrued during the administration and was received during the period of thisreport. The administrators reported that rental income of £4,000 was expected. This has increased due tonegotiations with Offshore.

2.3. Statutory and compliance

We have completed and submitted quarterly VAT returns and have now de-registered the Company from VAT.Any further VAT reclaims will be made periodically. Our tax team are continuing to deal with tax matters. Theadministration tax returns have been submitted and clearance has been received for the administration period.The liquidation tax returns will be submitted in due course.

Other ongoing compliance work includes preparing and issuing progress reports to creditors and otherregulatory tasks including periodic case reviews.

2.4. Directors’ conduct

One of our duties has been to look at the Company’s directors’ actions before it went into liquidation and duringadministration and consider the points raised by creditors.

We’ve finished our work on this and have complied with our obligation to submit a return or report to TheInsolvency Service.


3. Outcome for creditors

3.1. Secured creditors

The Bank

The Bank’s lending to the Company as at the date of the prior administration totalled £511,784, secured bydebentures dated 30 January 2015, 10 September 2014, 16 June 2014 and 26 April 2013. This security gives theBank fixed and floating charges over all the Company’s assets.

Of the £511,784, some £461,253 was secured by way of a fixed charge over the Company’s long leaseholdproperty and £50,531 of the debt related to book debts subject to the debt factoring agreement with BSF.

Following legal advice, BSF continued to collect the book debts, and received a total of £164,936 from thissource. The surplus above BSF’s debt was available to the Bank under its security.

Following the sale of the leasehold property, an amount of £346,974 was distributed to the Bank during theadministration from the sales proceeds.

The Bank therefore recovered a total of £511,910 against its debt which had increased slightly since the date ofthe administration appointment due to further interest and charges. The Bank has confirmed that no furthersums are required, and therefore the Company has no further liability to the Bank in respect of its fixed andfloating charges.

Director’s Personal Pension Scheme

The balance of the lending to the Company from the director’s self-administered pension scheme was£19,000 at the date of the administration appointment and was secured by a chattel mortgage dated 3December 2013 over the various parts of three machines. The sale of these assets realised £15,700 and theproceeds were paid to the pension scheme. The outstanding balance will rank as an unsecured claim in theliquidation.

ING finance agreement

The lending to the Company under a finance agreement by ING was £8,6oo at the date of the administrationappointment, secured against a part of a machine. The machinery subject to the finance agreement realised£1,350 and the proceeds have been transferred to ING. The outstanding balance will rank as an unsecuredclaim in the liquidation.

3.2. Preferential creditors (mainly employees)

Preferential claims represent amounts due for any arrears of wages and unpaid holiday pay, subject to statutorylimits.

Preferential claims totaling £13,742 were paid in full on 28 January 2016.

3.3. Unsecured creditors

The prescribed part is a fund that has to be made available for unsecured creditors. It is paid out of “netproperty”. Net property is floating charge realisations after costs, and after paying - or setting aside enough topay - preferential creditors in full. However, it only has to be made available where the floating charge wascreated on or after 15 September 2003.


Whilst the prescribed part provisions apply in this case as the charges were created after 15 September 2003,because the Bank received payment in full against its debt, there is now no floating charge creditor andtherefore the prescribed part provisions are no longer relevant. This means that the cash held is free fromsecurity and is available to the unsecured creditors after paying the preferential creditors, costs of theliquidation and residual costs of the administration.

We are currently progressing the claims agreement process and the Notice of Intended Dividend will be issuedin within the next few months. Total claims received to date amount to £693,628. Awaited claims according tothe statement of affairs total £17,242.

We currently believe the dividend will be in the region of 7-14%. This has reduced from our previous estimatefollowing the receipt of claims that were not included in the director’s statement of affairs. Please note however,that such claims are yet to be adjudicated.

If you have not already submitted your claim, please do so using the claim form enclosed in Appendix E.


4. Liquidators’ fees and other financialinformation

4.1. Our fees

During the administration, the creditors passed a resolution fixing the administrators’ fees by reference to timeproperly given by the administrators and their staff in dealing with the administration.

The fee basis agreed in the administration will continue to apply in the liquidation. This means that our fees asliquidators will be calculated by reference to time properly given by the liquidators and their staff in dealingwith the liquidation.

From 18 September 2015 to 17 September 2016, we have incurred time costs of £106,032 for 452 hours work,which works out at an average hourly rate of £234. This does not necessarily reflect the amount that will betaken in fees.

We include details of the time costs incurred from our appointment to 17 September 2016, by work type, atAppendix C.

Fees will be drawn in due course, although we do not anticipate recovering our fees in full.

Further details of our work are included in Appendix C.

4.2. Our disbursements

We’ve incurred disbursements of £129.60 during the period from our appointment to 18 September 2016 whichwill be drawn in due course. Further details are provided in Appendix C.

4.3. Creditors’ rights

Creditors have the right to ask for more information within 21 days of receiving this report as set out in Rule4.49E of IR86. Any request must be in writing. Creditors can also challenge the liquidators’ fees and expenseswithin eight weeks of receiving this report as set out in Rule 4.131 of IR86. This information can also be foundin the guide to fees at:

http://www.icaew.com/~/media/corporate/files/technical/insolvency/creditors%20guides/creditors%20guide%20liquidators%20fees%20final.ashx

You can ask for a copy free of charge by calling Leanne Taylor on 0113 289 4917.

4.4. Receipts and payments account

A receipts and payments account for the period 18 September 2015 to 17 September 2016 is provided inAppendix B.

4.5. Statement of expenses

A statement of expenses for the period 18 September 2015 to 17 September 2016 is provided in Appendix D.

This statement doesn’t include any tax liabilities that may be payable for the period of this report as this willdepend on the position at the end of the accounting period.


Appendix A. - Statutory and otherinformation

Name of company: Complete Fabrication Services Limited

Registered number: 05774366

Registered office: Benson House, 33 Wellington Street, Leeds, LS1 4JP

Former company names: N/A

Trading names: N/A

Trading address: Unit 7 Waldridge Way, Simonside Industrial Estate, South Shields,Tyne and Wear, NE34 9PZ

Names of liquidators and theiraddresses:

Toby Scott Underwood of PricewaterhouseCoopers LLP, CentralSquare, 29 Wellington Street, Leeds, LS1 4DL

David James Kelly of PricewaterhouseCoopers LLP, 101 BarbirolliSquare, Lower Mosley Street, Manchester, M2 3PW

Date of liquidators appointment: 18 September 2015

Details of change in liquidators: N/A

Details of prior administration: Toby Scott Underwood and David James Kelly were appointed jointadministrators of the Company on 4 March 2015.

Estimated dividend for preferentialcreditors:

Already paid in full

Estimated dividend for unsecuredcreditors:

7-14%

Estimated values of the Company’snet property and prescribed part:

N/A

Whether and why the liquidatorsintend to apply to court under Section176A(5) IA86:

N/A


Appendix B. - Receipts and paymentsaccount for the period 18 September2015 to 17 September 2016

The assets shown on the directors’ statement of affairs (prepared as at 4 March 2015) were realised during theadministration and so are included within the cash transferred from the administration.

Directors'

statement of

affairs

18 September 2015 to

17 September 2016

£ Fixed charge £

Receipts

Rental income 7,000.00

500,000.00 Leasehold property -

185,000.00 Book debts 4,398.00

11,398.00

Payments

Book debt collection fees 1,631.00

(440,000.00) Distribution to fixed charge creditor -

1,631.00

245,000.00 Fixed charge balance 9,767.00

£ Floating charge

Receipts

Bank interest gross 468.35

Cash balance transferred from the administration 235,788.52

Insurance refund 360.00

236,616.87

Payments

Administrators' disbursments 615.80

Administrators' fees on a time cost basis 85,000.00

Bank charges 12.50

Corporation tax 1,008.42

Statutory advertising 67.00

Subcontractor costs for completion of contracts 5,369.00

Sundry payments 763.80

92,836.52

- Floating charge balance 143,780.35

(14,000.00) Preferential creditors (100%) (13,742.18)

(235,785.00) Unsecured claims -

VAT account (17,289.32)

Balance on interest bearing current account 122,515.85


Appendix C. - Details of ourremuneration and disbursements andother professional costs

Background

This section sets out the process that was established for setting and monitoring our remuneration.

The basis of our fees and certain disbursements was agreed in the prior administration by the creditors andtransferred across to the liquidation in accordance with IR86.

The basis of our fees is by reference to time properly given by us and our staff in dealing with matters arising inthe liquidation.

Liquidators’ charging policy

The time charged to the liquidation is by reference to the time properly given by our staff and us in attending tomatters arising.

It is our policy to delegate tasks in the liquidation to appropriate members of staff, considering their level ofexperience and any requisite specialist knowledge needed and they are supervised accordingly to maximise thecost effectiveness of the work performed.

Our junior staff have carried out the routine work in the liquidation to keep the costs down. We and our seniorstaff have supervised them and we have dealt with any complex or significant matters ourselves.

Narrative of key areas of work carried out for the period 18 September 2015 to 17 September 2016

There remain a number of distinct work streams within the work we have done. It should be noted thatindividuals will have worked in more than one area. The activities of these work streams are summarised below:

Area of work Activities completed Why the workwas necessary

What, if any, financialbenefit the workprovided to creditors ORwhether it was requiredby statute

Strategy andplanning

Internal case set up procedures;Case planning and budgeting; andRegular team briefings on strategy andcase progression.

Propermanagement ofthe case.

Efficient progression of thecase minimises costs tocreditors.

Assets Book debt collection monitoring; andDealing with reassignment of bookdebts.

To maximiserealisations forcreditors.

Maximising returns tocreditors.

Investigations Conducting investigations into thedirectors’ conduct; andCompletion of the return due to theDepartment for Business, Innovationand Skills.

To comply withstatutoryrequirements.

Statutory and regulatoryrequirements.

Creditors Maintenance of the website page;Dealing with creditor enquiries;Handling claims received;Agreeing preferential claims;Paying preferential dividend;

To quantifyclaims inaccordance withstatutoryprocedure.

To prepare for a distributionto be paid.


Area of work Activities completed Why the workwas necessary

What, if any, financialbenefit the workprovided to creditors ORwhether it was requiredby statute

Deciding on the claims agreementstrategy;Comparison between claims receivedand the director’s statement of affairs;Reviewing creditor claims according toagreed strategy; andLiaising with creditors regarding theirclaims where appropriate.

Accountingand treasury

Bank account set up;Recording receipts and payments; andBank reconciliations and accountmaintenance.

For propermanagement offunds held

Ensuring interest received toincrease return to creditors

Statutory andcompliance

Finalising and distributing theadministrator’s final report;Initial case set up procedures;Initial letters and notices distributedupon the liquidators’ appointment;Notifying creditors of the liquidationappointment;Liquidators’ reviews and overseeing ofcase progression;Managing and review of the strategy;Electronic file management;Management of paper books andrecords; andInternal compliance procedures.

To comply withstatutoryrequirements

Statutory and regulatoryrequirements

Tax and VAT Notifying HMRC of the liquidationappointment;Initial tax review;Completion and submission of theadministration corporation taxreturns;Ongoing liaison with HMRC;Making corporation tax payments;Submitting VAT 769;Submitting final VAT return; andRequesting VAT de-registration.

To comply withvarious legalrequirements.


Closureprocedures

Planning for case closure; andDevelop closure strategy.

To close theliquidation.



Our future work

The following work will be performed before the liquidation is ended.

Area of work Activities to be completed Estimated costs(£)

What, if any, financialbenefit the work willprovide to creditors ORwhether it is required bystatute

Strategy andplanning

Case planning and budgeting; andRegular team briefings on strategy andcase progression.

£4,000 Efficient progression of thecase minimises costs tocreditors.

Creditors Maintenance of the website page;Dealing with creditor enquiries;Handling any further claims received;Adjudicate on outstanding claims;Liaising with creditors regarding theirclaims where appropriate;Calculate dividend payable;Declare and pay a dividend tounsecured creditors; andDeal with uncashed dividend cheques.

£12,000 Work required to return adividend to creditors.

Accountingand treasury

Recording receipts and payments;Process dividend payments;Pay unclaimed dividends to theInsolvency Services Account;Bank reconciliations and accountmaintenance; andBank account closure.

£2,500 Incidental to themanagement of the case; andWill manage the return tocreditors.

Statutory andcompliance

Finalising and distributing the firstprogress report;Make required filing at CompaniesHouse;Liquidators’ reviews and overseeing ofcase progression;Electronic file management;Management of paper books andrecords; andInternal compliance procedures.

£6,000 Statutory and regulatoryrequirements.

Tax and VAT Completion and submission of theliquidation corporation tax returns;Ongoing liaison with HMRC;Making corporation tax payments;Submitting VAT 769; andObtaining tax clearance.


Closureprocedures

Liaise with advisors to ensure allmatters finalised;Prepare and circulate final progressreport;Make required filing at CompaniesHouse;Management of case files anddatabase; andClose files.



Hourly rates

In common with all professional firms, scale rates increase from time to time over the period of theadministration of each insolvency case. PwC, or any successor firm, reserves the right to change the rates andgrade structures. Following our appointment, charge out rates were increased on 1 July 2016.

Set out below are the relevant maximum charge-out rates per hour worked for the grades of staff actuallyinvolved on this assignment. All staff who work on this assignment (including cashiers, support and secretarialstaff) charge time directly to the assignment and are included within any analysis of time charged. Time ischarged by reference to actual work carried out on the assignment in six minute units. The minimum timecharged is three minutes (i.e. 0.5 units). There was no allocation of any general costs or overhead costs.

Specialist departments with our firm, such Tax, VAT, Property and Pensions were also used where expert advicewas required. Such specialist rates do vary but the figures below provide an indication of the maximum rate perhour:

Grade Maximum rate perhour from 1 July

2015

(£)

Maximum rate perhour from 1 July

2016

(£)

Specialistmaximum rate

per hour from 1July 2016

(£)

Partner 590 600 1,250

Director 490 500 1,150

Senior Manager 425 435 970

Manager 340 345 700

Senior Associate 255 260 515

Associate 165 170 255

Support staff 87 89 150

Our relationships

We have had no business or personal relationships with the parties who approve our fees or who provideservices to the liquidation where the relationship could give rise to a conflict of interest.

Payments to associates

We have not made any payments to associates in the period covered by this report.

Disbursements for services provided by our firm (Category 2 disbursements)

Our firm’s expenses policy allows for all properly incurred expenses to be recharged to the case. Disbursementswere charged to the assignment as follows:

Category Policy Incurred to17 September 2016 (£)

2 Photocopying – at 5 pence per sheet copied, only charged forcirculars to creditors or other bulk copying.

-

2 Mileage – at a maximum of 71 pence per mile (up to 2,000cc) or93 pence per mile (over 2,000cc)

-

1 Reimbursed at cost 129.60

Total 129.60


Analysis of our time costs by grade and work area from 18 September 2015 to 17 September 2016

Aspect of assignment Partner Director

Senior

Manager Manager

Senior

Associate Associate Secretarial Total hours Time cost

Average hourly

rate

£ £

1 Strategy & Planning - - - 10.30 16.00 - - 26.30 7,832.15 297.80

2 Secured creditors - - - - 2.85 - - 2.85 726.75 255.00

3 Assets - - - 2.35 1.80 0.10 - 4.25 1,254.50 295.18

4 Investigations 1.00 - - 0.65 9.00 - - 10.65 3,106.00 291.64

5 Creditors - - 7.90 46.15 37.15 53.25 - 144.45 35,247.65 244.01

6 Accounting and treasury - - 0.10 1.50 9.25 2.75 - 13.60 3,183.50 234.08

7 Statutory and compliance 3.10 - 0.75 22.30 51.75 12.85 35.00 125.75 27,666.40 220.01

8 Tax & VAT - - 2.40 8.40 32.00 60.83 - 103.63 21,911.60 211.44

9 Employees & pensions - - - - 1.35 1.30 - 2.65 452.25 170.66

10 Closure procedures - - - 0.45 17.60 - - 18.05 4,651.00 257.67

Total for the period 4.10 - 11.15 92.10 178.75 131.08 35.00 452.18 106,031.80 234.49


Appendix D. - Statement of expensesfor the period 18 September 2015 to17 September 2016

IR86 requires this progress report to include a statement of expenses incurred by us during the period of thereport, irrespective of whether payment has been made or not. This relates to all costs incurred, and not justthe liquidators’ disbursements. Such a summary of expenses is found below:

Unpaid expenses

brought forward

from the

administration

Expenses

incurred in

this period

Total expenses

to 17

September

2016

Total expenses

paid to 17

September

2016

Expenses

outstanding at

17 September

2016

Estimated

future

expenses

(£) (£) (£) (£) (£) (£)

Administrators' disbursements 615.80 - 615.80 (615.80) - -

- -Administrators' fees (time cost basis)* 141,989.40 (56,989.40) 85,000.00 (85,000.00) - -

- -Agents' fees** 838.11 (838.11) - - - -

- -Bank charges - 12.50 12.50 (12.50) - -

- -Book debt collection fees - 1,631.00 1,631.00 (1,631.00) - -

- -Corporation tax - 1,008.42 1,008.42 (1,008.42) - -

- -Liquidators' disbursements - 129.60 129.60 - 129.60 260.00

Liquidators' fees (time cost basis) - 106,031.80 106,031.80 - 106,031.80 34,500.00

Statutory advertising - 67.00 67.00 (67.00) - 70.22

- -Subcontractor costs for completion of contracts - 5,369.00 5,369.00 (5,369.00) - -

- -Sundry payments - 763.80 763.80 (763.80) - -

143,443.31 57,185.61 200,628.92 (94,467.52) 106,161.40 34,830.22

*The administrators' agreed to limit their fees to £85,000 + VAT

** Outstanding agents' fees have been written off


Appendix E. - Statement of claim form

Complete Fabrication Services Limited – in liquidationStatement of claim form

Page 1 of 2D355FV2

As directed by Article 42(1) of the EC Regulation on Insolvency Proceedings 2000 thefollowing is brought to your attention:

Notice to creditor in EU Member State Language

Invitation to lodge a claim. Time limits to be observed. English

Invitación para realizar un reclamo. Se deberán respetar los plazos establecidos. Spanish

Opfordring til anmeldelse af fordringer. Vær opmærksom på fristerne. Danish

Aufforderung zur Anmeldung einer Forderung. Etwaige Fristen beachten. German

Πρόσκληση για έγερση αξίωσης. Υποχρεωτική τήρηση προθεσμίας Greek

Invitation à produire une créance. Délais à respecter. French

Invito all’insinuazione di un credito. Termine da osservare. Italian

Oproep tot indiening van schuldvorderingen. In acht te nemen termijnen. Dutch

Aviso de Reclamação de Créditos. Prazos Legais a Observar. Portuguese

Kehotus saatavan ilmoittamiseen. Noudatettavat määräajat. Finnish

Anmodan att anmäla fordran. Tidsfrister att iaktta. Swedish

Pozvánka k uplatnění si nároku. Je nutno dodržet termíny. Czech

Zaproszenie do wniesienia wniosku o odszkodowanie. Termin wniesienia wniosku jestobarczony obostrzeniami.

Polish

Felhívás követelés benyújtására. Vegye figyelembe az időkorlátokat. Hungarian

Poziv k predložitvi zahtevka. Treba je upoštevati časovne omejitve. Slovenian

Приглашение к подаче иска. Соблюдайте установленные сроки. Russian

Pasiūlymas pateikti ieškinį. Paisytini laiko apribojimai. Lithuanian

Stedina biex tagħmel talba. It-termini taż-żmien għandhom jiġu mħarsa. Maltese

Palve nõude esitamiseks. Palun jälgige ajapiiranguid. Estonian

Uzaicinājums prasības iesniegšanai. Prasības iesniegšanas laiks ir stingri ierobežots. Latvian

Invitație pentru a depune o cerere. Luați în considerare data limită. Romanian

Cuireadh éileamh a thaisceadh. Teorainn ama le comhlíonadh. Irish

Покана за предявяване на иск. Трябва да се спази указания краен срок. Bulgarian

Pozvánka na uplatnenie si nároku. Je nutné dodržať termíny. Slovak

Please complete and return this claim form with supporting documentation as soon aspossible to Leanne Taylor.

Creditors whose claims are secured or preferential (in part or in whole) should providedetails of their claim to the above address. However, they need not use this claim form.

Complete Fabrication Services Limited – in liquidationStatement of claim form

Page 2 of 2D355FV2

Creditor’s name and address.

Registered number (if creditor is a company)

Claim amount

Total amount of your claim (includingVAT) at the date the administrationcommenced*[or, if the company was inliquidation when it enteredadministration, at the date the priorliquidation commence].

Any payment received by the creditor inrelation to the claim after theappointment of the administrators [or, ifapplicable, prior liquidators]

Total value (including VAT) of anymonies owed by the creditor to thecompany.

Total value (including VAT) of anyretention of title in respect of any goodsto which the debt relates

£

£

£

£

Please provide details of any documents thatsubstantiate your claim including whereapplicable, details of any reservation of title.If available, please attach a statement of account.

What goods or services did you provide?

If you have security for your debt, please providedetails of the type and value of the security, thedate it was given, and provide details of how youhave valued your security.

If no security held, leave this section blank.

We have a duty as liquidators to consider theconduct of the directors prior to our appointment.Are there any particular matters relating to thepurchase of goods and services from yourselves,or any other matters that you feel should bereviewed?

If so, please provide brief details on this form, oron a separate sheet if there is insufficient room.Signature of creditor or person authorised to acton behalf of the creditor. Date

Name in block capitals.Position with or relation to the creditor (e.g.director, company secretary, solicitor)./D355Fv2

* You must deduct any trade or other discounts which would have been available to the company but for its liquidation, exceptany discount for immediate, early or cash settlement.

Documents

Complete Fabrication Services Limited – in liquidation · Complete Fabrication Services Limited – in liquidation 9 Whilst the prescribed part provisions apply in this case as