SKIP-IT CONTAINERS LIMITED

In the Matter of the Insolvency Act 1986

Registered office: The Old Timber Yard, North Quay Road, Newhaven, East Sussex, BN9 0AB

Principal trading address: Mackley's Wharf, North Quay, Aldrington Basin, Brighton, East Sussex, BN41 1WA and Plot 4, North Quay, Newhaven, East Sussex

On 9 May 2017 the above named company entered Administration. We, John Penfold of 15 Roman Crescent, Southwick, Brighton, BN42 4TY, Mark Penfold of 10 Oldfield Crescent, Southwick, BN42 4FZ, Stephanie Penfold of 15 Roman Crescent, Southwick, BN42 4TY and Rachel Penfold of 20 Croft Avenue, Southwick, BN42 4AB were directors of the above named Company on the day it entered administration.

We give notice that we act and intend to continue to act in one or more of the ways to which Section 216(3) of the Insolvency Act 1986 would apply if the above named Company were to go into insolvent liquidation in connection with, or for the purposes of, the carrying on of the whole or substantially the whole of the business of the above named Company under the following name: Skip-It Containers and Recycling Limited.

We would not otherwise be permitted to undertake those activities without the leave of the court or the application of an exception created by Rules made under the Insolvency Act 1986. Breach of the prohibition created by section 216 is a criminal offence. Section 216(3) of the Insolvency Act 1986 lists the activities that a director of a company that has gone into insolvent liquidation may not undertake unless the court gives permission or there is an exception in the Insolvency Rules made under the Insolvency Act 1986. (This includes the exceptions in Part 22 of the Insolvency (England and Wales) Rules 2016.) These activities are: (a) acting as a director of another company that is known by a name which is either the same as a name used by the company in insolvent liquidation in the 12 months before it entered liquidation or is so similar as to suggest an association with that company; (b) directly or indirectly being concerned or taking part in the promotion, formation or management of any such company; or (c) directly or indirectly being concerned in the carrying on of a business otherwise than through a company under a name of the kind mentioned in (a) above. This notice is given under rule 22.4 of the Insolvency (England and Wales) Rules 2016 where the business of a company which is in, or may go into, insolvent liquidation is, or is to be, carried on otherwise than by the company in liquidation with the involvement of a director of that company and under the same or a similar name to that of that company. The purpose of giving this notice is to permit the director to act in these circumstances where the company enters (or has entered) insolvent liquidation without the director committing a criminal offence and in the case of the carrying on of the business through another company, being personally liable for that company’s debts. Notice may be given where the person giving the notice is already the director of a company which proposes to adopt a prohibited name.

Ag IF20640