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Administrators recover £5.1m from Ilke but Homes England gets only £100,000

Summary by constructionnews.co.uk
Homes England is set to get only £126,423 from the £69m it loaned to Ilke Homes – even though liquidations and administration processes have generated £5.1m earmarked for it. Insolvency specialists overseeing processes for three Ilke Homes companies have managed to recoup the sum but… The post Administrators recover £5.1m from Ilke but Homes England gets only £100,000 appeared first on Construction News.
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Administrators recover £5.1m from Ilke but Homes England gets only £100,000

Homes England is set to get only £126,423 from the £69m it loaned to Ilke Homes – even though liquidations and administration processes have generated £5.1m earmarked for it. Insolvency specialists overseeing processes for three Ilke Homes companies have managed to recoup the sum but… The post Administrators recover £5.1m from Ilke but Homes England gets only £100,000 appeared first on Construction News.

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constructionnews.co.uk broke the news in on Monday, March 31, 2025.
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