# Ilke Homes Limited (10909968)

> Why UK company 10909968 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/10909968

- **Status:** Administration ended
- **Administration began:** 2023-06-30
- **Administrators:** Catherine Williamson, Deborah Janet King, Clare Kennedy
- **Administrators' firm:** AlixPartners
- **Incorporated:** 2017-08-10
- **Location:** London
- **Industry:** 32990 Other manufacturing n.e.c.

## Why it went into administration

- Cash flow / liquidity pressure
- COVID-19
- Funding withdrawn / unable to refinance
- Rising costs / inflation
- Creditor pressure / legal action

## From the administrators' statement

The Companies are a modular home builder that provided housing to various developers across the UK. Modules were built at a factory in Flaxby (Flaxby) before being delivered to development sites where they were installed by the Companies’ sub-contractors. Between two and three modules were connected together to form a typical home.

The Companies had two main types of business activity:

1. Land development - conditional contracts to purchase land, subject to satisfactory planning permission, would be entered into. In the interim period the necessary planning approvals obtained for the development of that land. A fixed price would be agreed for the onward sale of the land (including planning permissions) with the developer, completing the purchase and sale simultaneously.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/10909968/filing-history/MzM5MTY1MDM1NmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/10909968

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.