Administrators say 160 positions will be made redundant as modular business part-owned by Homes England enters administration

Urban Splash

House by Urban Splash, which has a factory in Derbyshire (pictured), has gone into administration

Homes England has said it will continue working with 鈥渁mbitious and innovative partners鈥� after modular housing business House by Urban Splash went into administration.

Administrators Teneo will now oversee the completion and sale strategies for the joint venture鈥檚 development sites. Teneo will also look at sale options for firm鈥檚 factory in Derbyshire. 

Homes England owns 4% of shares in House by Urban Splash. A spokesperson for the agency said: 鈥淲e are aware that an administrator has been appointed. We remain committed to working with ambitious and innovative partners to help diversify the housing market and increase productivity.鈥�   

Urban Splash shareholders own 48% of the equity in the joint venture and owns another 48%. 

Teneo said the wider group of the Manchester-based regeneration developer Urban Splash was unaffected. 

Adrian Berry, who is joint administrator with Daniel Smith at Teneo, said: 鈥淭his appointment [of the administrators] follows various operational issues relating to the factory in Alfreton. 

鈥淲e will now look to stabilise the US House Group [also known as House by Urban Splash] by providing a platform to complete certain developments and explore sale options for the factory and the other development sites. We would like to thank all employees and other key stakeholders for their continued support.鈥� 

See also>> Taskforce to boost construction using MMC

See also>> Countryside to cut staff and rethink MMC strategy

The US House Group has 187 staff in total.  The administrators confirmed that 140 positions at Urban Splash Modular Ltd, and 20 of the 36 positions at Urban Splash Holdings Ltd, will be made redundant. 

Urban Splash issued a statement confirming: 鈥淭he directors of House 鈥� (Urban Splash House Holdings Group) have appointed administrators from Teneo to the company. 

鈥淭he appointment of Teneo senior managing directors Adrian Berry and Daniel Smith to the company has no impact on the wider Urban Splash group or its operations, which continue to run successfully.

鈥淭he administrators will oversee completion and sale strategies for the company鈥檚 developments.鈥�

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