Offsite Build Group Limited (09556567): administration
- Status
- Administration ended
- Administration began
- 2017-02-24
- Administrators
- John Hedger
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2015-04-23
- Location
- Matlock
- Industry
- 32990 Other manufacturing n.e.c.
Why it went into administration
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
From the administrators' statement
Offsite Homes Limited (the operating company) and Offsite Build Group Limited (the holding company) were incorporated in April 2015 by Glynne Benge (Chairman) and Gary West (Managing Director). The origins of the businesses were to develop a concept for volumetric modular housing that could be mass produced in a factory. This would be developed following the creation of a prototype property in order to demonstrate the concept, develop a pipeline of orders and enable the company to attract investment to enable it to grow.
At the end of 2015, Charles Burt was approached to provide innovation and technical expertise using his experience and knowledge in the environmental and energy service sectors. At roughly the same time, Mr Nicholas Shorten was invited to advise the business from an operations viewpoint. Both subsequently joined the company as employees, from April 2016.
In the summer and autumn of 2015, a prototype building was being developed at the Marine Parade West premises. Once complete the building was to be erected on land close to the manufacturing premises. However, land contamination issues and planning delays eventually prevented this from being achieved. Furthermore, the modular configuration of the property, which consisted of a ground floor, first floor and second floor in a mansard roof, was constructed in such a way that it was not possible to move the modules on the public highway without great difficulty. In particular, the roof section has a width of 6.1m. A structure of this width presents significant transport challenges when on a public highway. The practical maximum width for toad transport is 4.1m, though wider loads may be moved in exceptional circumstances.
Administrators' statement of proposals (2017-04-12) · Companies House register