Financial Struggles Hits UK’s Go Modular as It Moves Toward Administration (bankruptcy) – with video

In another significant development in the UK construction industry, Southampton-based offsite construction specialist Go Modular Technologies UK has initiated the process of entering into administration by filing a notice of intention to appoint an administrator. This move marks a pivotal moment for the company, known for its innovative approach to modular construction.

Bespoke modular and offsite specialist Go Modular Technologies UK has filed a notice of intention to appoint administrators

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Go Modular Technologies UK had carved a niche in the modular construction sector, offering solutions ranging from rooftop extensions on existing buildings to the development of multi-story new-build flats. The company has been a significant player in promoting sustainable building practices.

Operating from its base at South Hampshire Industrial Park in Southampton, the company has grown significantly since its inception six years ago. With a workforce of approximately 60 employees, Go Modular has extended its reach across southern England, from Bristol to London, undertaking a variety of ambitious projects.

go-modular In The Press | Modular Building Manufacturer

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Recent projects undertaken by Go Modular include the construction of two three-story buildings in Abingdon-on-Thames and an innovative addition to the Bodmin Jail Gift Shop. Another notable project is the Ferryman in Poole, which features ten newly built flats. These flats, constructed from nine large modules, span over three levels above a concrete commercial ground floor, showcasing the company’s ability to integrate modular buildings with traditional construction methods.

all photos – Go Modular UK

Despite these successes, the company’s move toward administration indicates underlying financial challenges. The details regarding the specific reasons behind this decision have not been disclosed, but the filing suggests significant difficulties in maintaining its operational and financial stability. This development is particularly concerning given the potential impact on its employees and ongoing projects.

As the situation unfolds, the construction industry will be closely watching how Go Modular Technologies UK navigates this challenging phase. The outcome will not only affect those directly associated with the company but could also have broader implications for the modular construction sector in the UK.

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Gary Fleisher is a renowned blogger, consultant, and commentator on construction and housing trends, known for his insightful analysis of the industry.

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