Ilke Homes went under owing £320m
Construction Enquirer
AUGUST 24, 2023
The scale of the modular house builder’s debts can be revealed after the Enquirer saw a statement of proposals issued to creditors by administrator AlixPartners. Money owed to unsecured creditors was £249m with the vast majority – £226m – made up of inter-company debts associated with losses suffered by equity investors.
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