WORKMEN were seen removing building materials at the site of 161 new council homes as the firm behind the project are poised to go into administration.
Lorries carrying building supplies which were supposed to be used for new rental homes in Carter’s Quay, Poole, were seen taking them away in the early hours of Friday morning.
Meanwhile, rubble can be seen scattered across much of the land where the homes should be being built on the site, which remains locked and boarded up.
It is understood £15m out of the £43.5m budgeted has already been handed over to Inland Homes, the company tasked by BCP Council to complete the project.
BCP Council acquired the Carter’s Quay site in Poole in late 2021 and paid Inland Homes an initial £8.25million at the start of the housing project.
A further £6.75million has been paid on the project, including non-construction works related to the project but it remains unclear if any extra money was given.
Read more: Future of Carter's Quay project uncertain after administrators called
Council leader Vikki Slade said there has been a “large amount of work” which has gone on behind the scenes to ensure the the homes can continue to be built.
She told the Echo on Friday: “We have been in ongoing negotiations with the developers of the Carters Quay scheme, who are a company in the Inland Homes group and our officers have been working diligently on solutions for every possible outcome.
“We’ve been open to options and forward-thinking, but firm in the view that we must secure the best deal for our residents and the project.”
Concerns grow over the future of the Buckinghamshire-based construction firm, which filed a notice of intent to go into administration last week.
A statement on the London Stock Exchange said: “Taking into account the current circumstances and including the group structure and the current cash resources available to it Inland has concluded that the appointment of Administrators in accordance with the provisions of the Insolvency Act is in the best interests of all stakeholders.
“Accordingly notices of intention to appoint David Hudson and Phil Armstrong of FRP Advisory Trading Ltd as Administrators have today been filed in respect of certain Inland group companies over which there are registered floating charges.
“It is intended that the formal appointment of Administrators in respect of Inland, those subsidiaries and the remaining Inland group companies will be made imminently.”
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