Administration · 18 June 2026
Devonshire Homes
Housebuilder · Tiverton · South West England
What happened
DEVONSHIRE HOMES LIMITED (company number 02769742), incorporated in 1992, entered administration on 18 June 2026. Its status at Companies House is now: administration.
Why it failed
Increasingly challenging sector market conditions weakened liquidity; a solvent sale process drew little interest and a final offer to take control and refinance Lloyds at a discount failed.
- Main reason: Market downturn
- Sale or investment failed
- Cash flow
Our summary of the reasons given in the administrators' proposals. These record the administrators' and directors' account of what happened.
An administrator, a licensed insolvency practitioner, takes control of the company to try to rescue it, sell the business or get a better result for creditors than a liquidation.
Previously known as: LANGWORTHY CONSTRUCTION LIMITED .
Timeline
The last accounts and payment report before the failure, then what happened, with the time between each.
30 September 2024
Last accounts filed were made up to this date
21 months later
18 June 2026
Administration started
AccountsPayment reportInsolvency
Before it failed
Key figures
The last accounts filed were group accounts made up to 30 September 2024, 21 months before it went into administration.
The full filing history, including any late filings, charges and director changes, is on Companies House.
Lessons learned report
We're writing plain-English reports on major construction failures: who was involved, why it happened, the warning signs and how long they were visible, and what to look out for next time.
Sign up to be told when reports are outIn the news
- Devonshire Homes’ trade creditors unlikely to see a penny of £35m owed
Construction News · 26 August 2026