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Administration · 4 October 2023

Inland Homes

Housebuilder · Beaconsfield · South East England · Part of Inland

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What happened

INLAND HOMES PLC (company number 05482990), incorporated in 2005, entered administration on 4 October 2023. Its status at Companies House is now: liquidation.

Why it failed

Higher interest rates and living costs weakened the market for land and homes; project overspends, loan covenant breaches, related-party issues and falling cash then forced the group into administration.

  • Main reason: Market downturn
  • Losses on contracts
  • Funding withdrawn
  • Cash flow
  • Accounting irregularities

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: INLAND PLC, INLAND LIMITED.

Timeline

The last accounts and payment report before the failure, then what happened, with the time between each.

  1. 30 September 2021

    Last accounts filed were made up to this date

    12 months later

  2. 30 September 2022

    Last payment practices report ends: average 28 days to pay, 69% of invoices not paid to agreed terms

    13 months later

  3. 4 October 2023

    Administration started

    2 years later

  4. 2 October 2025

    Administration ended

  5. 2 October 2025

    Creditors' voluntary liquidation started (shareholders resolved to wind up)

AccountsPayment reportInsolvency

Before it failed

Key figures

Turnover in its last accounts, year to Sept 2021
£181.7m
Accounts at Companies House
Profit before tax, year to Sept 2021
£13.2m
Accounts at Companies House
Staff, year to Sept 2021
138
Accounts at Companies House
Net assets, year to Sept 2021
£183.0m
Accounts at Companies House
Average days to pay suppliers, 1 April 2022 to 30 September 2022
28 days
5% paid after 60 days, 69% not paid to agreed terms
Its last payment practices report

The last accounts filed were group accounts made up to 30 September 2021, 24 months before it went into administration. Private companies have nine months after their year end to file, so a gap of more than 21 months usually means the next accounts were overdue, one of the warning signs worth checking for.

The full filing history, including any late filings, charges and director changes, is on Companies House.

Lessons learned report

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