In the High Court of Justice Property Courts of England & Wales, Insolvency and Companies List (ChD)

Court Number: CR-2025-000019

ECS CAPITAL LIMITED

(Company Number 08769874)

Registered office: 27 Byrom Street, Manchester, M3 4PF

Principal trading address: Stamford Green, 33 Stamford Street, Altrincham, WA14 1ES

This Notice is given under Rule 15.13 of the Insolvency (England & Wales) Rules 2016 ("the Rules"). It is delivered by the Joint Administrator of the Company and the convener of the meeting, Edward M Avery-Gee, of CG&Co, 27 Byrom Street, Manchester, M3 4PF.

A meeting of creditors is to take place for the purposes of considering the following:

1. The Administrators` proposals are approved with the following modifications:

a. Eve Underhill (as purported qualifying floating charge holder) will, as soon as reasonably practicable following the meeting appoint Mr Anthony Murphy of Harrisons Recovery as a joint administrator of the Company pursuant to paragraph 103(3) of Schedule B1 to the Insolvency Act 1986.

b. Subject to Eve Underhill making the appointment at modification 1.a above and subject to there being sufficient funds released to the Joint Administrators in advance to cover the costs of such an application, Mr Avery-Gee and Mr Richardson shall apply to court as soon as reasonably practicable for permission to resign as joint administrators on the basis that they no longer need to remain in office.

c. The costs of the application at modification 1.b be costs in the administration.

d. The basis of the Joint Administrators fees be fixed by reference to the time properly given by the Joint Administrators and their staff in attending to matters arising in the Administration, such time to be charged at the prevailing standard hourly charge out rates used by the Joint Administrators at the time when the work is performed, plus VAT.

e. That the time costs and expenses of Mr Avery-Gee and Mr Richardson shall be paid in priority to the remuneration and expenses of Mr Murphy irrespective of the assets under the control of Mr Avery Gee and Mr Richardson when they leave office.

f. That the Joint Administrators be authorised to draw remuneration up to £113,339.06 plus VAT and disbursements without further reference, those funds will be immediately released from funds held by Brecher for that purpose on the approval of this proposal 1.f.

2. That the unpaid Pre-Administration Costs as detailed in the Joint Administrators` Proposals be approved and that the Joint Administrators be authorised to discharge such costs, plus VAT, from the Administration estate.

3. The basis of the Joint Administrators fees be fixed by reference to the time properly given by the Joint Administrators and their staff in attending to matters arising in the Administration, such time to be charged at the prevailing standard hourly charge out rates used by the Joint Administrators at the time when the work is performed, plus VAT.

4. That the Joint Administrators be authorised to draw remuneration up to £113,339.06 plus VAT and disbursements without further reference.

5. That the Joint Administrators will be discharged from liability under Paragraph 98 of Schedule B1 to the Insolvency Act 1986 immediately upon their appointment as Administrators ceasing to have effect.

6. The expenses of the Requisitioned Decision are to be paid as an expense of the Administration

7. That a creditors committee is not formed

The meeting will be held as follows:

Time: 3pm

Date: 14 April 2025

Venue: Rooms 3, 4 and 5, Centurion House, 129 Deansgate, Manchester, M3 3WR

To be entitled to vote, those attending must submit a proxy form, together with a proof of debt if one has not already been submitted, to the Joint Administrator by one of the following methods:

By post to: CG&Co, 27 Byrom Street, Manchester, M3 4PF

By email to: info@cg-recovery.com

All proofs of debt must be delivered by: 4pm on 11 April 2025

All proxy forms must be delivered to the convener or chair before they may be used at the meeting fixed for 3pm on 14 April 2025

This meeting has been summoned under Paragraph 52(2) of Schedule B1 of the Insolvency Act 1986 as a result of a request from one or more creditors.

This meeting has been summoned under Section 246ZE(3) of the Insolvency Act 1986 as a result of a request from one or more creditors.

Joint Administrator: Edward M Avery-Gee (IP number 12410) of CG&Co, 27 Byrom Street, Manchester, M3 4PF.

Joint Administrator: Daniel Richardson (IP number 12650) of CG&Co, 27 Byrom Street, Manchester, M3 4PF.

For further details contact Harry Seddon on 0161 358 0210 or at info@cg-recovery.com

Edward Avery-Gee, Joint Administrator, Convener

Dated: 27 March 2025