Loss-making modular construction firm Ilke Homes has formally entered liquidation with debts of more than £319m set to go unpaid.

A notice of a court order ending administration was filed to Companies House on the 19th October, almost four months after it fell into administration on 30 June. The majority of Ilke’s 1,150 employees were made redundant with immediate effect.

Homes England is listed as the firm’s biggest creditor, with an estimated debt of £68.7m. Documents suggest that £82,000 is likely to be repaid from the sale of plant and machinery.