All Fleet Services has ceased trading with immediate effect, with the senior management team blaming Carillion’s collapse in 2018 for its downfall.
The Gloucestershire-based fleet management company, which was established in 2003, had a workforce of 39 full-time equivalent staff.
In a statement, All Fleet Services managing director Dave Scobie (pictured) said: "It is with deep regret that I can confirm that All Fleet Services has ceased trading.
"The start of a series of factors that conspired against us can be traced back to January 2018, when Carillion went into administration. Our business suffered a substantial six-figure loss because of this.
“Through 2019 we were trading out of this position and were in the process of establishing our own nationwide dealer network.
"Then of course, along came COVID and our revenue streams pretty much dried up overnight and they have not since reached pre-pandemic levels with many of our clients' employees hybrid working to at least some extent.
"Despite the best efforts of the management team and our fantastic staff, it was just not possible to recover from this.
"I am delighted to say that we have supported staff in finding new roles with over 50% of them already in new employment and we are confident that the remaining staff will have opportunities as well."
A petition to wind up All Fleet Services by HMRC was heard in the High Court on August 17.
Novuna Vehicle Solutions has recruited 20 former employees of All Fleet Services following its closure.
A Novuna spokesperson told Fleet News that it had been working with All Fleet Services to ensure it has measures in place to minimise any impact to its customers and its service provision.
She added: "We strongly believe that our people are our best assets and we are now working with All Fleet Services to actively offer the staff who have experience of working with our customers an opportunity to join Novuna Vehicle Solutions, creating a stronger in-house capability."
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