The company has stated that as a start-up business with a significant fixed cost base, a strong and predictable site pipeline is required to make L&G Modular Homes a successful sustainable business.
It said that a number of factors, including long planning delays and the impact of recent macro events such as Covid, have meant the business has not been able to secure the necessary scale of pipeline to make the current model work. Without this pipeline, the business states, it has not proved possible to build a business that can sustain the significant running costs of the large factory in Selby.
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