Exhibit 99.1
Section 94 The Insolvency Act 1986 Form 4.71
Return of Final Meeting in a S.94
Members' Voluntary Winding Up
[MVLFIN-06144) Pursuant to Section 94 of the
Insolvency Act 1986
To the Registrar of Companies
For official use
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Company Number
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2983307
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Name of Company
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(a) Insert full name of Titan Cable plc
company ----------------------------------------------
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(b) Insert full name(s) I, Nicholas James Dargan
and address(es) Athene Place, PO Box 810
66 Shoe Lane
London
EC4A 3 WA
(c)Delete as give notice that a general meeting of
applicable the company was duly (c) held on (d) 24
(d) Insert date March 2006 pursuant to Section 94 of the
(e) The copy account Insolvency Act 1986, for the purposes of
must be having an account (of which a copy is
authenticated by attached) (e) laid before it showing how
the written the winding up of the company has been
signature(s) of conducted, and the property of the
the liquidator(s) company has been disposed of and (c)
[that the same was done accordingly].
Signed /s/ Date 24 March 2006
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For Official Use
Presenter's name, address N J Dargan Liquidation Section Post Room
and reference (if any) Deloitte & Touche LLP
Athene Place
66 Shoe Lane
London
EC4A 3 WA
SECTION 94 FORM 4.71 CONTD
LIQUIDATOR'S STATEMENT OF ACCOUNT:
MEMBERS' VOLUNTARY WINDING UP
Statement showing how winding up has been conducted and property of the company has been disposed of
Name of company: Titan Cable plc
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From 20 May 2005 (commencement of winding up) to 24 march 2006 (close of winding up)
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Statement
of assets
and Receipts Payments
liabilities
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Receipts
Cash at Bank Costs of Solicitor to Liquidator
Bank Interest Gross Other Law Costs
Marketable Securities Liquidator's remuneration 157,412
Inter-company Debtor 272,914 537,945 Where (% on (pound) realised) (pound)
Stock in Trade applicable (% on (pound)
Work in Progress distributed)
Freehold Property By whom fixed - members
Leasehold Property Auctioneers and Valuers charges
Plant and Machinery Professional Services 83,569
Costs of possession and 20,766
maintenance of estate
Furniture, Fittings, Utensils etc Costs of notices in Gazette
and Local Paper 118
Patent, Trademarks etc VAT 40,295
Investments other than marketable 8 Incidental outlay 3,664
Securities ---------
Total Costs and Charges (pound) 305,824
Surplus from securities
Unpaid calls at commencement (i) Debenture holder: (pound)
of winding-up Payment of (pound) per
Amount received from calls on (pound) debenture
contributories made in the Payment of (pound) per
winding-up
Receipts per trading account (pound) debenture
Payment of (pound) per
(pound) debenture
(ii) Creditors:
Other property viz: ---------
272,922 * Preferential
--------- * Unsecured 232,121
(pound) Dividends of p in (pound) on (pound)
Less:
Amount owed to subsidiary 2 (The estimate of amount expected
Payments to redeem securities to rank for dividend was (pound) )
Costs of Execution 272,914
Payments per Trading Account
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272,916 (iii) Return to Contributories:
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537,945 _____ per (pound)--
_____Share
___ per (pound)--
Net Realisations (pound) 6 _____ Share
___ per (pound)--
___ + share
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BALANCE NIL
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(pound) 537,945
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Form 4.71 contd
(1) Assets, including - shown in the statement of assets
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and liabilities and estimated to be of the value of
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(pound) - have proved to be unrealisable.
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(2) State amount paid into the Insolvency Service Account in respect of:
(a) unclaimed dividends payable to creditors in the winding up (pound)-
(b) other unclaimed dividends in the winding up (pound)-
(c) moneys held by the company in trust in respect of dividends or
other sums due before the commencement of the winding up to any
person as a member of the company
(3) Add here any special remarks the Liquidator thinks desirable:
THE RECEIPTS AND PAYMENTS SHOWN IN THE STATEMENT OF ACCOUNT RELATE TO A
BANK ACCOUNT HELD BY THE COMPANY ON TRUST FOR TELEWEST UK LIMITED.
THE INVESTMENT IN TELEWEST FINANCE (JERSEY) LIMITED WAS REALISED BY RECEIPT
OF A (POUND)2 DISTRIBUTION IN SPECIE FROM THE COMPANY. THIS AMOUNT WAS
SET-OFF BY THE 12 OWED TO TELEWEST FINANCE (JERSEY) LIMITED.
THE PAYMENT FOR THE SURRENDER OF THE ONE SHARE HELD IN TELEWEST GLOBAL,
EXPECTED TO BE IN THE SUM OF JUST OVER S16 HAS NOT YET BEEN RECEIVED. AS IT
WILL BE RECEIVED AFTER THE CLOSURE OF THE LIQUIDATION, THE CHEQUE WILL HAVE
TO,BE PAID INTO THE BANK OF ENGLAND INSOLVENCY SERVICES ACCOUNT
Dated: 24 March 2006
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Signed (by the Liquidator) /s/
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Name and address of Liquidator (IN BLOCK LETTERS) NICHOLAS JAMES DARGAN
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DELOITTE & TOUCHE LLP, ATHENE PLACE, 66 SHOE LANE, LONDON, EC4A 3WA
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Notes
* State number. Preferential creditors need not be separately shown if
all creditors have been paid in full.
+ State nominal value and class of share.