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Article Construction News UK

Devonshire Homes’ trade creditors unlikely to see a penny of £35m owed

Bullish 65.0
−100 Bearish 0 +100 Bullish
Devonshire Homes’ trade creditors unlikely to see a penny of £35m owed

Devonshire Homes owed £35.3m to trade accounts when it collapsed in June – but the supply chain is unlikely to see a penny. Administrators at Alvarez & Marsal said they did not anticipate being able to pay any dividend to unsecured creditors. They further warned…
The post Devonshire Homes’ trade creditors unlikely to see a penny of £35m owed appeared first on Construction News.

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Article Info
Source Construction News UK
Published Aug 26, 2026 · 11:26 am
Article ID tw41jka
Original URL Open source
Sentiment Signal
Bullish 65.0
−100Neutral+100
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