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14
Jul 2023
Ilke Homes: More than 1,000 staff made redundant
More than 1,000 staff have been made redundant at Flaxby-based Ilke Homes, administrators have confirmed.
AlixPartners were appointed to oversee the administration process of the company on June 30.
Ilke Homes, which is based off junction 47 of the A1(M), made the appointment after it failed to find a buyer or new investment.
In a statement at the time, administrators said a “significant majority” of the company’s 1,150 staff would be made redundant.
A spokesperson for AlixPartners has now confirmed to the Stray Ferret that 1,039 staff in the company’s homes section and 19 in its land section have been made redundant.
They said:
Read more:
- Flaxby housebuilder enters administration
- Knaresborough housebuilder up for sale as operations paused
- Ilke Homes collapse: 80 staff at Flaxby housebuilder start legal action
The move comes as the factory at Flaxby was immediately closed following the company entering administration and all site activities have been ceased.
Administrators added that 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.
Meanwhile, the Stray Ferret reported last week that more than 80 former employees of the company were to take legal action following the administration announcement.
Manchester-based law firm Aticus said it has been instructed by 80 staff members, 60 of whom are from Flaxby, to investigate concerns around how the redundancy process was managed.
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