{"id":30199,"date":"2017-01-26T14:26:50","date_gmt":"2017-01-26T14:26:50","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=30199"},"modified":"2019-02-28T10:06:31","modified_gmt":"2019-02-28T10:06:31","slug":"self-build-homes-administration","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/self-build-homes-administration\/30199\/","title":{"rendered":"Self-build homes business goes into administration"},"content":{"rendered":"<h2>Scottish-based self-build homes firm Roy Homes has gone into administration, with 17 jobs lost following serious cash flow problems<\/h2>\n<p>Inverness-based self-build company Roy Homes Ltd has gone into administration. The firm and its sister company Roy Homes Timber Frame Ltd ceased trading this week, reporting it had suffered \u201cserious cash flow problems\u201d.<\/p>\n<p>The firm, which has been trading since 1979, supplies bespoke timber homes from the design to the build phase. It is the largest supplier of self-build properties across the North of Scotland.<\/p>\n<p>Sister company Roy Timber Frame Ltd has a shorter history, having launched in 2011. The subsidiary supplied timber frame kits to Roy Homes and helped hundreds of customers plan, design, and build their own property.<\/p>\n<h3>Administrators called in<\/h3>\n<p>FRP Advisory have been brought in as administrators for the firm and will make claims to the Insolvency Service for arrears of pay, payment in lieu of notice of redundancy and holiday pay. As a result of the firm folding 17 members of staff have been made redundant.<\/p>\n<p>Joint administrator and partner with FRP Advisory Iain Fraser said: \u201cThe Roy Homes brand is a well-known across Scotland, and is highly regarded for the quality of designs, construction and full service package.<\/p>\n<p>\u201cUnfortunately, the businesses ran into severe financial problems and administration was the only option.<\/p>\n<p>\u201cThe self-build market is expanding rapidly across the UK and we are hopeful that there will be strong interest in the assets of these well-known businesses.<\/p>\n<p>\u201cWe would ask that interested parties contact the Aberdeen office of FRP Advisory.\u201d<\/p>\n<h3>Challenges in the Scottish construction sector<\/h3>\n<p>Reports from earlier this week suggested the <a href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/scottish-construction-faces-tough-times\/30176\" target=\"_blank\" rel=\"noopener\">Scottish construction is performing well<\/a>, but faces numerous difficulties ahead. The Federation of Master Builders\u2019 latest State of Trade survey warned that while the latest Scottish construction figures were \u201cencouraging\u201d and show an \u201cunderlying resilience\u201d numerous challenges remain.<\/p>\n<div class=\"mk-custom-module-container\">\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Scottish-based self-build homes firm Roy Homes has gone into administration, with 17 jobs lost following serious cash flow problems<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[304],"tags":[20347,676],"stakeholder_rel_tag":[],"contributor_rel_tag":[],"class_list":{"0":"post-30199","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-planning-construction-news","7":"tag-administration","8":"tag-construction"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v26.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Self-build homes business goes into administration<\/title>\n<meta name=\"description\" content=\"Scottish-based self-build homes firm Roy Homes has gone into administration, with 17 jobs lost following serious cash flow problems\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/self-build-homes-administration\/30199\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Self-build homes business goes into administration\" \/>\n<meta property=\"og:description\" content=\"Scottish-based self-build homes firm Roy Homes has gone into administration, with 17 jobs lost following serious cash flow problems\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/self-build-homes-administration\/30199\/\" \/>\n<meta property=\"og:site_name\" content=\"Planning, Building &amp; 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