{"id":5402,"date":"2025-05-14T14:46:58","date_gmt":"2025-05-14T14:46:58","guid":{"rendered":"https:\/\/cita.co.uk\/news\/?p=5402"},"modified":"2025-05-14T14:46:58","modified_gmt":"2025-05-14T14:46:58","slug":"inland-homes-creditors-face-38m-hit","status":"publish","type":"post","link":"https:\/\/cita.co.uk\/news\/inland-homes-creditors-face-38m-hit\/","title":{"rendered":"Inland Homes creditors face \u00a338m hit"},"content":{"rendered":"<p>Unsecured creditors hit by the collapse of Inland Homes will not get anything for the \u00a338m of unpaid invoices they were left holding when the house builder went under..<\/p>\n<p>The grim news for subcontractors and suppliers was confirmed in an update filed at Companies House by administrators from FRP Advisory.<\/p>\n<p>Inland Homes went into administration in October 2023 after the AIM-listed business had its shares suspended amid mounting losses and delayed accounts.<\/p>\n<div class=\"ad-mpu ad-mpu-inline\">\n<div class=\"sleeve\"><a data-ad-id=\"497328\" href=\"http:\/\/www.constructionenquirer.com\/wp-content\/themes\/constructionenquirer\/adclick.php?url=https%3A%2F%2Fwww.ciobacademy.org%2Fcourses%2F%3Futm_source%3Dconstruction-enquirer%26utm_medium%3Dbanner%26utm_campaign%3Dconstructionenq-ads\" target=\"_blank\" onclick=\"track_ad_click(this);\"><img decoding=\"async\" src=\"https:\/\/www.constructionenquirer.com\/wp-content\/uploads\/CIOB Academy Training MPU (300x250) May 2025.gif\"\/><\/a><\/div>\n<\/div>\n<p>The FRP report said that unsecured creditors had so far lodged claims worth \u00a338.6m but &#8220;it is estimated that there will be insufficient funds available to make a distribution&#8221; to them.<\/p>\n<div class=\"ad-mpu ad-mpu-inline\">\n<div class=\"sleeve\"><a data-ad-id=\"497471\" href=\"http:\/\/www.constructionenquirer.com\/wp-content\/themes\/constructionenquirer\/adclick.php?url=https%3A%2F%2Fmastersonholdings.co.uk%2Fprecast%3Futm_source%3Dconstruction-enquirer%26utm_medium%3Dbanner%26utm_campaign%3Dconstructionenq-ads\" target=\"_blank\" onclick=\"track_ad_click(this);\"><img decoding=\"async\" src=\"https:\/\/www.constructionenquirer.com\/wp-content\/uploads\/GETJAR_PRECAST_MPU_V3.gif\"\/><\/a><\/div>\n<\/div>\n<div class=\"ad-mpu ad-mpu-inline\">\n<div class=\"sleeve\"><a data-ad-id=\"497595\" href=\"http:\/\/www.constructionenquirer.com\/wp-content\/themes\/constructionenquirer\/adclick.php?url=https%3A%2F%2Fwww.pragmatic-consulting.co.uk%2Fcourses%2F%3Futm_source%3Dconstruction-enquirer%26utm_medium%3Dbanner%26utm_campaign%3Dconstructionenq-ads\" target=\"_blank\" onclick=\"track_ad_click(this);\"><img decoding=\"async\" src=\"https:\/\/www.constructionenquirer.com\/wp-content\/uploads\/Construction Enquirer - Pragmatic C MPU.gif\"\/><\/a><\/div>\n<\/div>\n<p>from Construction Enquirer https:\/\/ift.tt\/5Bpn4zv<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Unsecured creditors hit by the collapse of Inland Homes will not get anything for the \u00a338m of unpaid invoices they were left holding when the house builder went under.. The grim news for subcontractors and suppliers was confirmed in an update filed at Companies House by administrators from FRP Advisory. Inland Homes went into administration [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":156,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[9],"class_list":["post-5402","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-construction-enquirer"],"_links":{"self":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/5402","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/comments?post=5402"}],"version-history":[{"count":1,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/5402\/revisions"}],"predecessor-version":[{"id":5403,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/5402\/revisions\/5403"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/media\/154"}],"wp:attachment":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/media?parent=5402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/categories?post=5402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/tags?post=5402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}