Seven more Modus companies in administration

17 June 2009 09:00 Comments (0)

Another wave of Modus subsidiaries that own land and buildings in the North West, North Wales and Lincolnshire have gone into administration.

Modus Properties Ltd, Modus Congleton (No 1) Ltd, Modus Eastern (Boston) Ltd, Modus (Deepdale) Ltd, Modus Properties (Stockport) Ltd, Modus Cambrian Ltd, Modus (Tower Grand) Ltd are all in administration.

Simon Allport and Tom Jack of Ernst & Young were appointed joint administrators on 9 June 2009.

Allport, said: 'We are currently assessing the viability of the companies and their assets.'

Parent company Modus Ventures went into administration in May.

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