Jobs losses and business closures to hit town


- Credit: Archant

UP TO 18 JOBS may be lost and two Somerset firms liquidated after their ‘sole customer’ withdrew support.

Caxton Transport Limited and Caxton Home Delivery Limited, based in Walrow Industrial Estate, Highbridge, are facing a ‘liquidation situation’ after Woodberry Brothers and Haines Ltd, also based on the estate, announced it will no longer fund the firms.

Director Mark Woodberry said: “We have been under an improvement plan for the last 12 months.

“As part of that plan we decided that the two transport companies that distribute for us – Caxton Transport Limited and Caxton Home Delivery Limited, they are both loss-making businesses, and in the current climate Woodberry Brothers is no longer able to support or fund those losses.

“Woodberry being the sole customer, those businesses are looking at a voluntary liquidation as a result.

You may also want to watch:

“They are two very separate businesses that are looking at a liquidation situation.

“We are stressing the point that they are very much separate and Woodberry as a whole is unaffected.”

Most Read

He confirmed that the two firms may have to make job cuts of up to 18 staff.

Become a Supporter

This newspaper has been a central part of community life for many years. Our industry faces testing times, which is why we're asking for your support. Every contribution will help us continue to produce local journalism that makes a measurable difference to our community.

Become a Supporter
Comments powered by Disqus