News

Modular housing firm Modulous enters liquidation after buyer deal fails to materialise

By 2024-01-30T12:35:00

Modulous Digital & Physical Technologies

A last ditch deal to sell off the firm’s TESSA software failed according to an email sent to former employees today

Failed modular housing business Modulous has been placed into voluntary liquidation.

Housing Today has seen a letter sent to employees on 26 January from liquidators Opus Restructuring.

The move comes almost three weeks after Modulous’s chief executive officer Chris Bone said the business would enter administration, but the paperwork wasn’t subsequently filed.

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