Debts of nearly £30m likely to be unpaid
A major Devon-based housebuilder has gone bust with debts of nearly £30m likely to be unpaid. Exeter-headquartered Burrington Estates Group Ltd has entered liquidation with creditors given until the end of this week to submit proof of their debts.
The holding company, which traded from Windslade House in Clyst St Mary, was involved in the construction and sale of residential properties in the South West and Midlands. Its new homes division Burrington Estates (New Homes) Ltd ceased trading last year and has also gone into liquidation with debts of more than £17m…