Modular builder Ilke racks up another huge loss

Ilke modular

Cumulative losses top £100m but start-up says growing order book will allow rapid expansion

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 business had been hit by the first covid lockdown, which had delayed its growth plans and initially saw it lay off 122 staff.

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