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Connect Modular Enters Administration and Appoints FRP Advisory as Joint Administrators

Jan 09, 2025over 1 year ago

Contract Type

partnership

Scotland

Description

Connect Modular, a part of The Wee House Group, has entered administration, resulting in the loss of dozens of jobs. The company was recognized for its affordable housing work just months ago, but has suffered significant financial challenges in recent times, leading to the appointment of administrators. FRP Advisory has been appointed as the joint administrator of Connect Modular and joint provisional liquidator of related company, Hope South West Limited.

Company Information

Company

Connect Modular

Location

Scotland, United Kingdom

About

Connect Modular is a modular housebuilder and a part of The Wee House Group, which provides high quality, sustainable, affordable, modular homes to housing associations, local authorities, and community trusts across the UK.

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Strategic

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months