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07
Aug 2023
Equipment from Ilke Homes' Flaxby factory to be sold
Equipment and machinery from Ilke Homes’ factory in Flaxby near Knaresborough will be put up for sale this month.
The modular house builder fell into administration in June after failing to find a buyer or further investment. A total of 1,150 staff were made redundant.
Administrators AlixPartners has commissioned Hilco Valuation Services to auction off a number of items of machinery on Tuesday, August 17 at 10am.
The equipment from the factory, which closed when the company fell into administration, will be sold online.
It includes electric hand tools, ladders, tipping skips and machinery such as automated wall panel lines.
In a statement last month, AlixPartners told the Stray Ferret that it was in the process of realising the company’s assets.
It said:
Read more:
- Flaxby housebuilder enters administration
- Ilke Homes: More than 1,000 staff made redundant
- Ilke Homes collapse: 80 staff at Flaxby housebuilder start legal action
The factory at Flaxby was closed immediately after the company entered administration and all site activities ceased.
Administrators added the firm had “faced the challenges of unprecedented inflation and a lack of land supply linked to planning processes”.
Officials at Ilke Homes said previously that it needed additional funding to fulfil a £1 billion order book and to protect jobs, adding that new investment was needed to build its pipeline of 4,200 new homes.
For more information on the online auction, visit the Hilco Valuation Services website here.
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