Qualifying Decision Procedure
In the High Court of Justice
No 308 of 2022
BOOTH LIMITED
Company Number: (01108892)
In Administration
previously John Booth Engineering Limited
Registered office: White Building 1-4 Cumberland Place Southampton SO15 2NP on 25 February 2022
Principal trading address: Ford Airfield Industrial Estate Block A, Bognor Regis, BN18 0HY
NOTICE IS HEREBY GIVEN that the decision by correspondence procedure is to be used to seek a decision from the creditors of the company on 19 April 2022.
1. That a creditors’ committee NOT be established.
2. That the joint administrators’ proposals be approved without modification.
3. That that joint administrators’ pre appointment costs and expenses (excluding VAT) totalling £20,664.22 (excluding VAT) set out below be approved.
4. That the basis of the joint administrators’ remuneration be approved as follows:
- A set amount of £20,000 for matters pertaining to compliance, initial investigations and realisations of the Company’s fixed assets with the assistance of a chattels agent.
- 10% of the value of book debts recovered. We estimate this fee to be £25,900.
- 10% of the value of assets to be distributed to creditors. We estimate this fee to be £27,016.
5. That the joint administrators be authorised to draw category 2 expenses as incurred
In order to be entitled to vote creditors must deliver their claims and votes to The White Building, 1-4 Cumberland Place, Southampton, SO15 2NP by no later than 23.59 hours on 19 April 2022.
The Convener of the decision procedure is: Sandra Mundy Joint Administrator
Joint Administrator: Sandra Lillian Mundy (IP number 9441) of James Cowper Kreston, The White Building, 1-4 Cumberland Place, Southampton, SO15 2NP .
Joint Administrator: Thomas Charles Russell (IP number 15994) of James Cowper Kreston, ), The White Building, 1-4 Cumberland Place, Southampton, SO15 2NP.
Date of Appointment: 15 February 2022
For further details contact Katrina Chia on 02380 221222 or at skelly@jamescowper.co.uk
