Modulous goes into liquidation after search for buyer hits buffers

By Matilda Battersby 2024-01-30T13:15:00

Modulous Digital & Physical Technologies

Last-ditch plan to sell offsite firm’s software fails to materialise, chief executive tells redundant staff

Failed modular housing business Modulous has gone into voluntary liquidation, nearly two months after laying off its staff.

A letter sent to former Modulous employees last Friday from liquidator Opus Restructuring confirming the move, and seen by Building’s sister title Housing Today, invites them to attend a virtual creditors’ meeting on 8 February. It also asks them to approve the liquidators’ fees of £27,260.

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