Groundworks firm could take £2m hit if Ilke collapses

By Daniel Gayne2023-06-22T11:54:00

£98m turnover Tamdown is working on two jobs for troubled modular specialist

Essex-based groundworks contractor Tamdown faces a £2m hit if ailing modular housebuilder Ilke Homes collapses.

The firm’s AIM-listed parent Nexus Infrastructure issued a profit warning yesterday after Ilke had filed notice of its intent to appoint an administrator.

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