Liquidation report outlines company capital, assets, liabilities, causes of failure and potential need for further enquiry. The Official Liquidator's preliminary report under section 455(1) submits to the court the company's capital structure including issued and unpaid shares, an itemised schedule of assets (distinguishing assets specifically pledged to secured creditors), a classification of liabilities by creditor class, the Liquidator's opinion on causes of failure, and a statement on whether further enquiry into the company's promotion, formation or conduct is desirable.