A British construction company that made affordable homes has plunged into administration after seven years of trading. Oxfordshire-based Agile Property and Homes appointed Moorfields to act on behalf of the business on July 6, according to filings published today on the public record, The Gazette. Founded in 2019, the company designs and creates low-carbon modular homes for people in housing need, using sustainable materials like timber and straw.

Operating out of Lockwood Farm, Culham, they make everything from traditional to contemporary homes ranging in size from one to three stories. “Our mission is to help end the challenges of the climate emergency and the housing crisis,” its website reads. “We put people and planet first, delivering person centred design while minimising environmental impacts.”

According to its latest accounts for the year to June 2025, the directors noted the business had net liabilities of £1.8million, as published on Companies House. However, the report added that the “company’s pipeline of projects remains strong”.

The practitioner would usually create a financial restructuring plan to rescue the company, which could mean selling it to an unrelated party. But if it could not be reasonably saved, the administrator could aim to achieve a better return for creditors than if the company were wound up, which could involve selling assets.

Agile Property and Homes has not publicly confirmed the reasons behind its administration, but several businesses in the construction industry have followed the same path recently.

Paul Smith from accounting firm PKF Littlejohn Advisory UK said: “The construction sector has faced challenging trading conditions over recent years, including increasing costs, delays to schemes and wider market uncertainty.

“These pressures were exacerbated at Caldwell, placing significant strain on cashflow and operations.”

The Express has contacted Agile Property and Homes and the administrators for comment.

Source link