Uncertainty at Hollins Homes as schemes stall
Several vehicles attached to the housebuilder have collapsed in recent weeks, raising questions about the company’s future.
Six entities connected with individual Hollins Homes projects have entered administration or liquidation in the last month.
These are:
- Hollins Homes (Galgates) – administration
- Hollins Homes (Utopia) – administration
- Hollins Homes (Aston) – liquidation
- Hollins Homes (Tilstock) – liquidation
- Hollins Homes (Whitchurch) – liquidation
- Hollins Homes (Newton) – liquidation
There is also an active petition to wind up Hollins Homes Limited.
The two SPVs in administration were set up to deliver schemes in Lancaster and Garstang totalling around 140 homes. Debt provider United Trust Bank appointed Leonard Curtis as administrator over the companies.
A spokesperson for Leonard Curtis, said: “Leonard Curtis has stepped in to handle the administration of Hollins Homes, in particular the group companies which own the Galgates and Garstang development sites.
“The financial position of the real estate firm – which is based on King Street in Manchester city centre – is currently under assessment with all options being considered at this time. Further comment will be made in due course.”
Nick Myers and Andrew Knowles have been appointed as joint administrators.
Place North West has repeatedly attempted to contact Hollins Homes by phone and email over the last few weeks but has heard nothing in response.
Why would Hollins Homes respond when a lot of them are being made redundant / having to look for jobs elsewhere. I am sure the last thing on their minds is giving a response to PNW for an article on them going into administration.
By Anon