A.L. PAUL LIMITED

F/H-land and buildings on the north west side of lumb lane droylsden greater manchester t/n-GM138903 and GM574599 and the proceeds of sale thereof. Floating charge over all moveable plant machinery implements utensils furniture and equipment and an assignment of the goodwill and connection of any business together with the full benefit of all licences.

L/H property k/a land and buildings on the east side of langham street ashton under lyne greater manchester t/n GM215885 and the proceeds of sale thereof. Floating charge over all moveable plant machinery implements utensils furniture and equipment and an assignment of the goodwill and connection of any business together with the full benefit of all licences.

A specific equitable charge over all freehold and leasehold properties and/or the proceeds of sale thereof fixed and floating charges over undertaking and all property and assets present and future including goodwill bookdebts and the benefits of any licences.

Land at lumb lane droylesden nr. Manchester the company assigns to the bank: any option to purchase or right of pre-emption to acquire the f/h or superior l/h or to have a new lease of the property; any proceeds of sale letting or other distribution of the property; any guarantees, insurance or compensation monies relating to the property or any authorisation, permi registration certificate or licence of any kind in force in connection with the property; any share or membership rights in a residents' association or management company relating to the property, and any other benefit or right of any kind relating to the property, its use, construction or title.. See the mortgage charge document for full details.

All leasing hire purchase all rights all motor vehicles. Fixed and floating charges over the undertaking and all property and assets present and future including goodwill bookdebts uncalled capital buildings fixtures fixed plant and machinery. See the mortgage charge document for full details.

Legal mortgage over the factory premises at langham street ashton under lyne t/no gm 215885 together with all the other assets of the company including fixtures fittings and machinery in the premises.

4 langham street, ashton under lyne, tameside, greater manchester title no. Gm 215885. floating charge over all movable fixtures & fittings plant machinery materials & articles. Including all fixtures & fittings (other than trade fixtures & fittings) plant & machinery erected thereon.

Fixed and floating charge on all f/h and l/h properties with all fixtures (will trade fixtures) fixed plant and machinery (see doc M8). Undertaking and all property and assets present and future including uncalled capital.