Devonshire Homes Limited entered administration on 18 June 2026, placing its affairs, business and assets under the control of joint administrators Sarah Collins and Jonathan Marston.

The appointment currently covers the company and two named developments: The Grange in Bideford and St Michael’s Reach in Penzance.

The administration does not automatically include every development or associated business carrying the Devonshire Homes name.

Buyers, residents, employees, contractors and suppliers must therefore identify the legal entity named in their contracts before assessing how the process may affect them.

Key Takeaways

• Devonshire Homes Limited remains in administration, not liquidation.
• The Grange and St Michael’s Reach are the two current sites named in the notice.
• The company previously reported £52 million turnover and employed 77 people.
• Its latest accounts recorded a £137,024 pre-tax loss and a £1.3 million forecast project loss.
• Administrator proposals and site-specific communications will determine what happens next.

What Is the Latest Devonshire Homes Administration Update?

Devonshire Homes Limited is officially recorded as “In Administration”. Its registered office has moved from Tiverton to Suite 3, Avery House, 69 North Street, Brighton, while its company number remains 02769742.

Sarah Collins and Jonathan Marston of Alvarez & Marsal Europe LLP were appointed joint administrators on 18 June 2026.

The company’s property, business and affairs are now managed by them as agents of the company and without personal liability.

Confirmed Position

• The administration began on 18 June 2026.
• The administrator appointment was filed on 30 June 2026.
• The registered office changed on 3 July 2026.
• Two current construction sites are expressly included.
• No completed sale, rescue or liquidation has been publicly confirmed.
• Related branded businesses are not automatically subject to the appointment.

Administration is a continuing insolvency procedure, so its eventual outcome may differ between the company, individual development assets and separate contracts.

When Did Devonshire Homes Enter Administration and What Is the Timeline?

The legally significant date is 18 June 2026, when the joint administrators were appointed. Later filing and publication dates record the development but do not change when the administration began.

Administration Timeline

Date	Confirmed Development
30 September 2024	End of the latest publicly filed accounting year
6 October 2025	Group accounts for that period were filed
Before 18 June 2026	A notice of intention to appoint an administrator was reported
18 June 2026	Devonshire Homes Limited entered administration
30 June 2026	The administrator appointment was filed publicly
3 July 2026	The registered office was changed to Brighton
8 July 2026	Further professional-services reporting detailed the financial background

The company was incorporated on 1 December 1992, supporting reports that it had operated since the early 1990s. Its latest filed accounts remain those covering the year ending 30 September 2024.

This chronology separates the financial reporting period, administration date and subsequent news coverage.

Which Developments Are Included in the Devonshire Homes Administration?

The current administration notice identifies The Grange in Bideford and St Michael’s Reach in Penzance. Other sites where Devonshire Homes Limited previously acted as main contractor are treated differently.

The Grange In Bideford

The Grange is described in industry reporting as a 225-home development. The official company administration notice confirms that it is one of the two current sites included in the appointment.

Its inclusion does not, by itself, confirm whether every reserved property will complete, whether all construction has stopped or whether the project could be transferred.

Buyers and contractors need written clarification based on their plot, contract and payment position.

Is St Michael’s Reach In Penzance Affected?

Yes. St Michael’s Reach is the second current site expressly named in the administration notice.

The Penzance scheme was announced as a development of 320 homes, including 96 affordable homes. That planned total describes the intended project scale; it should not be interpreted as the number completed or currently under construction.

Buyers should check reservation documents, exchanged contracts, deposit arrangements, warranty information and mortgage deadlines rather than relying on the overall site status alone.

Other Devonshire Homes Developments And Related Companies

The administrators’ appointment applies specifically to Devonshire Homes Limited. The notice states that it “relates solely to the Company and not to any of the other Devonshire Homes branded related entities.”

The company had previously acted as main contractor at Mariner’s Haven in Ilfracombe, Dancing Green in Wincanton, Gwallon Keys in St Austell, Longston Cross Phase Two in Bovey Tracey, Chilla Junction in Halwill Junction and Hornblower Heights in Mabe.

It has ceased those arrangements and is described as no longer involved with those developments.

Readers can verify the company’s identity and filings through the official company filing history.

Development Position

Site Or Category	Confirmed Public Position	Important Next Check
The Grange, Bideford	Included in the administration; planned for 225 homes	Plot contract and construction status
St Michael’s Reach, Penzance	Included in the administration; planned for 320 homes	Reservation, deposit and completion position
Six former contractor sites	Devonshire Homes Limited says it is no longer involved	Current developer or contractor identity
Other related entities	Not automatically included	Exact registered company in the contract

The legal entity on each agreement is therefore more important than the brand name displayed in marketing materials.

Why Did Devonshire Homes Go Into Administration?

The publicly reported financial information points to losses, funding pressure and uncertainty over the company’s ability to continue operating normally.

However, no single issue should be presented as the administrators’ final explanation until their proposals provide a fuller assessment.

For the year ending 30 September 2024, Devonshire Homes reportedly generated turnover of approximately £52 million but recorded a pre-tax loss of £137,024.

The business employed 77 people during that accounting period and was chaired by former Conservative MP David Heathcoat-Amory.

The accounts also described difficulties arising from a partly completed scheme containing a high proportion of bespoke, architect-designed timber-frame houses.

The project reportedly sat outside the company’s usual strategy of building single-family homes with its standard house types.

Build costs were said to have been significantly underestimated. The company recorded an in-year loss of £156,099 and made a £1.12 million provision, bringing the total forecast loss associated with the project to approximately £1.3 million.

Management reportedly said similar sites would not be purchased again where the company could not use its own standard designs.

The auditor also reported a “material uncertainty related to going concern” and referred to the need for additional funding for new and existing sites.

These details indicate serious financial pressure, but the administrators must still assess cash flow, funding, assets, secured liabilities and individual project obligations.

Who Are the Devonshire Homes Administrators and What Is Their Role?

Sarah Collins and Jonathan Marston are the appointed joint administrators. Their role is to control the company’s affairs and assets while deciding which statutory administration objective offers the most appropriate outcome.

Administration is different from directors continuing to manage a business under ordinary conditions.

The administrators can review or renegotiate contracts, continue selected activities, make redundancies, sell assets or consider whether all or part of the business can be preserved.

Administrator Priorities

• Assess the company’s cash, land, homes, contracts and liabilities.
• Establish the position of secured, preferential and unsecured creditors.
• Review buyer reservations, deposits and exchanged contracts.
• Determine whether work can continue on either current site.
• Examine potential business, land or development sales.
• Communicate proposals to creditors and employees.
• Preserve value where this may improve creditor returns.

The administrators act as agents of Devonshire Homes Limited. Their appointment does not make them personally responsible for the company’s previous debts or promises.

What Does the Devonshire Homes Administration Mean for Buyers and Residents?

The effect on a buyer depends on the stage of the transaction, the contractual developer and how any money was handled.

Buyers Who Have Paid A Reservation Fee

A buyer who has reserved a home but has not exchanged contracts should identify which company received the fee and whether the reservation agreement explains refund or cancellation rights.

The administrators’ notice does not guarantee that every reservation will proceed or that every fee will be repaid.

Buyers should retain payment evidence, reservation forms, sales correspondence and promised timescales. They should also ask who now has authority to confirm plot availability and whether the reservation remains active.

What Should Buyers Who Exchanged Contracts Check?

An exchanged buyer may have more extensive contractual commitments than someone holding only a reservation.

The conveyancer should review the developer’s exact legal identity, deposit protection, completion obligations, long-stop dates and remedies for delay or non-completion.

Mortgage offers may expire if construction is delayed, while valuation or lending conditions may change if the original developer cannot complete the property.

Buyers should therefore coordinate communications between their conveyancer, lender, warranty provider and the administrators.

Individual rights cannot be determined solely from the fact that Devonshire Homes Limited is in administration.

Completed Homes, Defects And Warranty Arrangements

Residents who have completed should identify whether outstanding snagging, defects or estate works were obligations of Devonshire Homes Limited, another development company, a contractor or a management company.

Most new-build homes carry warranty arrangements, but the scope can vary.

Government market analysis notes that the developer is commonly responsible for qualifying defects during an initial period, while insurance-backed structural protection may apply later.

Owners should keep warranties, completion certificates, photographs, defect reports and correspondence.

Roads, drainage, shared areas, landscaping and service charges may also involve separate legal entities whose position has not changed.

How Could the Administration Affect Employees, Contractors and Creditors?

The latest published accounts recorded 77 employees, but that number relates to the year ending September 2024. It does not confirm the workforce size on the administration date or establish how many roles will continue.

Administrators may retain employees where work continues, transfer some roles with a sale or make redundancies where operations cannot be supported.

Eligible employees of an insolvent employer may be able to claim certain unpaid statutory amounts through the relevant government process.

Stakeholder Actions

• Employees should preserve payslips, contracts and records of unpaid wages or holiday.
• Contractors should obtain written authority before completing further chargeable work.
• Suppliers should retain invoices, purchase orders and delivery evidence.
• Creditors should follow instructions for submitting and supporting their claims.
• Retention claims and disputed invoices should be documented separately.
• Parties with security or guarantees should identify the precise contracting entity.

Recovery will depend on available assets, secured claims, administration costs and the final creditor ranking. No repayment percentage has yet been confirmed.

What Happens Next in the Devonshire Homes Administration?

The administrators must examine the company’s financial and contractual position before setting out how they intend to achieve the purpose of the administration.

Administrator Proposals And Creditor Communications

The official administration process guidance explains that administrators normally have eight weeks to prepare a statement of proposals. It must be sent to creditors, employees and the public company register.

Those proposals may identify assets, estimated debts, creditor categories and the recommended strategy. Creditors may also receive instructions on proving claims and participating in decisions.

Could Devonshire Homes Or Its Developments Be Sold?

A sale is one possible outcome but has not been confirmed.

Administrators can consider selling a business as a going concern, disposing of land or homes, transferring development interests, negotiating a restructuring or realising assets before a later liquidation.

Different outcomes could apply to different assets. One development might attract a buyer while another contract, parcel of land or unfinished property is handled separately.

Official Updates To Monitor

Formal developments are most likely to appear through administrator correspondence, the company’s filing history and direct communications to affected stakeholders.

Enquiries concerning The Grange and St Michael’s Reach are currently directed to INS_DEVHOL@alvarezandmarsal.com.

Buyers should also remain in contact with their conveyancer, lender and warranty provider. Contractors and suppliers should ensure the administrators have their correct details and supporting records.

What Does the Devonshire Homes Administration Mean Overall?

Devonshire Homes Limited entered administration after a period marked by reported losses, additional funding requirements and uncertainty over its ability to continue as a going concern.

The Grange in Bideford and St Michael’s Reach in Penzance are the two current developments expressly included.

Six other sites are described as former main-contractor projects from which the company has withdrawn, while associated Devonshire Homes entities are not automatically affected.

The Devonshire Homes administration is not presently the same as liquidation or confirmation that every project has permanently closed.

Its effect will depend on administrator proposals, asset decisions and each stakeholder’s contract.

FAQs

Is Devonshire Homes Still Trading During Administration?

The administrators may continue selected activities where doing so protects value or supports a sale. No public statement confirms that normal trading continues across every part of the business.

Has Devonshire Homes Entered Liquidation?

Devonshire Homes Limited is currently recorded as being in administration rather than liquidation. Liquidation remains a possible later outcome but has not been officially confirmed.

Will Buyers Lose Their Reservation Fees Or Deposits?

The outcome depends on the agreement, the recipient company and whether the payment was protected or held separately. Buyers should ask their conveyancer and the administrators to confirm the position in writing.

Can A Buyer Withdraw From A Devonshire Homes Purchase?

Withdrawal rights depend on whether contracts were exchanged and what the reservation or sale agreement permits. A buyer should not cancel or stop contractual payments without obtaining advice on the specific agreement.

Are Existing Structural Warranties Still Valid?

An independent insurance-backed warranty may continue despite the developer’s administration, subject to its terms. Homeowners should contact the named provider and confirm which defects and periods are covered.

How Can Suppliers Claim Unpaid Devonshire Homes Invoices?

Suppliers should follow the joint administrators’ creditor-claim instructions and provide evidence supporting each amount. An invoice alone may not resolve disputes involving variations, retentions or incomplete work.

Where Will New Administration Documents Be Published?

Appointment documents, administrator proposals and later notices may appear in the company’s public filing history. Creditors and employees may also receive documents directly from the administrators.

Note

The status of developments, buyer contracts and creditor recoveries may change as the administrators complete their assessment.

Claims about permanent closure, job losses, deposit recovery, construction schedules or liquidation should not be treated as confirmed without a formal filing or direct administrator communication.