Urban Splash modular business owes more than £20m

Urban Splash

Group of firms went under last month with millions in debts to backers and supply chain

Modular housebuilding joint venture Urban Splash House fell into administration with debts of more than £20m to suppliers and backers, according to documents filed by its administrators at Companies House.

The business, a joint venture between Manchester-based regeneration developer Urban Splash, Japanese modular giant Sekisui House and Homes England, dramatically collapsed into administration last month following what the administrator described as “operational issues” at the firm.

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