Latest statement of affairs for Ilke Homes, filed by the administrators from Alix Partners on 31st August, lists the dozens of companies left with unpaid debts.
Ilke Homes was a private equity-owned start-up volumetric modular house-builder that closed in June after failing to find a buyer despite claiming a 拢1bn order book and a 4,200-home pipeline. . More than 1,000 employees lost their jobs.
Of the creditors, only Homes England 鈥� owed 拢68,175,814 鈥� holds any security, in the form of fixed and floating debentures. Homes England is, of course, a government agency, which wrongly thought that Ilke Homes would be a good punt with taxpayers money.
The administrators鈥� report shows that HMRC is owed 拢2.2m and the employees 拢725,000 in holiday pay and pension arrears.
Intercompany unsecured creditors amount to nearly 拢227m.
Companies owed more than 拢200,000 include recruitment firm Andersen James, Pricewaterhouse Coopers, Sunblet Rentals, Apex Wiring Solutions, Raventree (trading as Premier Kitchens) and woodworking machinery manufacturer Homag UK.
Those owed more than 拢300,000 include North Yorkshire County Council, chartered surveyor Landwood Group, Bryn Thomas Cranes, Jewson and City Electrical Factors.
Those left out of pocket by more than half a million include Duftons Plumbing & Heating Suppliers (拢574k) and window supplier Euramax (拢619k).
National timber group is owed 拢892,000 Modular Movements Ltd is owned 拢1m and Modular Plantrooms Ltd (trading as LGSF) is out of 拢1.6m. Wetherby Building Systems, supplier of renders and external wall insulation, is owed more than 拢1.8m.
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