Channel Island Lines – which includes Paul Davis Freight Services Limited – made the announcement late on Sunday and said the decision to close permanently was a direct result of the impact of coronavirus on business.
The group employs 30 people in Jersey, 12 in Guernsey and 38 in the UK.
In a statement released by chief executive Andy Jehan, the group’s board of directors said: ‘Due to very difficult trading conditions, as a direct result of the impacts of Covid-19 on current and forecast volumes and cash flow, the boards of directors of all Channel Island Lines group companies, including Paul Davis Freight Services Limited (PDFS), have concluded that they have no alternative but to cease operations with immediate effect.
‘Customers with goods at depots in Jersey, Guernsey, Bristol and Southampton are being contacted to give them access to collect their goods.’
It added: ‘The board of directors has engaged Grant Thornton to assist in the process of winding up the group’s affairs.
‘Grant Thornton will shortly be formally appointed over the group’s affairs and where possible to assist employees with their statutory entitlements. There will be no further comment.’
The other companies in the group are Rockayne (Jersey) Limited t/a Channel Islands Lines, Channel Island Lines (UK) Limited and Channel Islands (Guernsey ) Limited.
