Start-up modular housebuilder Ilke has fallen to a £41.2m loss for the year to March 2021, according to document filed with Companies House.

Reporting its third full year of operations, the manufacturer said its operations had been hit by the first covid lockdown, which had delayed its growth plans, and initially saw it lay off 122 staff.

However, Ilke chief financial officer Patrick Bergin said the business, which built 199 homes in the year, now had a 1,500-home contracted order book, and was on course to trade profitability by the end of the 2022 financial year.

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