01-08-2024 15:50 via constructionenquirer.com

Ilke Homes final bill for supply chain hits £62m

Unsecured creditors left holding unpaid bills following the collapse of modular specialist  ilke Homes last June will receive just £829,000 for the £63m they are owed.
The bad news was contained in an update filed at Companies House yesterday by administrators to ilke Homes Holdings and ilke Homes Land.
Ilke collapsed nearly a year ago with debts totalling £320m when it ran out of money after failing to find a buyer for the business.Administrator AlixPartners UK confirmed
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