Wednesday, October 21, 2020

Liquidators appointed to social housing developer

Liquidators have been appointed to Chesterfield-based social housing developer, Starfish Commercial, after it entered creditors’ voluntary liquidation this week.

Starfish Commercial was founded nine years ago and specialised in building homes for local authorities and housing associations as well as building sustainable homes.

Henry Boot, who took a majority stake in Starfish Commercial in August 2019, said it a statement that Starfish “was not performing in line with our expectations, with Covid-19 also materially impacting its operations”.

Now Joanne Hammond and Kris Wigfield of Begbies Traynor have been appointed as the joint liquidator

“Like many industries, construction has been hit by the fallout of the pandemic, but, while some areas have seen a rise in activity over the last few months, unfortunately, the social housing sector still faces an uncertain future,” said Mr Wigfield.

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