All jobs lost as Halesowen haulage firm goes under

All jobs have been lost at a West Midlands haulage firm after Covid caused the firm to run up “significant” losses.

Some 50 jobs have gone at Adam Jones and Sons (Blackheath) after David Acland and Raj Mittal of business advisory firm FRP Advisory were appointed as joint administrators to the company.

The losses were racked up mainly a result of key customers ceasing production, and the company was unable to return to profitability. Well-publicised driver shortages and increasing fuel prices exacerbated the problems and as cash pressure mounted.

Without the prospect of investment or a sale, the business was wound down to ensure that disruption to the customer base and other stakeholders was minimised.

David Acland, partner at FRP Advisory and joint administrator, said: “The Covid-19 pandemic has significantly impacted firms from all sectors in the UK, including those in the transport and haulage sector. We are now focused on winding down operations and supporting impacted staff as they access support during what we know can be an extremely challenging time.”