A well-known Jersey building company has announced its closure, citing both financial difficulties and personal tragedy.
Michael Nicholson, director of Nicholson Builders, confirmed today that the firm will cease trading, adding that efforts will be made this weekend to “secure and make jobs safe, as much as possible.”
The announcement follows months of hardship after the sudden passing of Mr Nicholson’s father, Gary Nicholson, who had been the backbone of the family-run business for years.
Express has asked for clarification on how many jobs will be affected.
“The decision has not been taken lightly but the last few months have proved extremely challenging since the unfortunate sudden passing of my father Gary Nicholson, the company’s mainstay for many years in our family-run business,” Mr Nicholson said in a statement.
“Over the years, the business has created lasting relationships with its clients, I am incredibly grateful to our loyal employees, customers and community that has supported us throughout the years,” he continued.
“The company has tried to work through the turmoil but it has not been possible to sustain a viable position and trade out of a worsening situation.
“I would like to extend my deepest thanks to all of the Nicholson Builders employees and customers for the years of trust and support.”
Staff have already been informed, he added.
The company had been in financial trouble for some time – with a number of cars seized by the Viscount’s Department last summer.
Nicholson Builders’ closure is the latest in a string of high-profile collapses in Jersey’s construction sector.
This year began with the shutdown of K-Land Construction, while 2024 saw the fall of Kalmac, MAC Energy, and Eden Interiors. In 2023, Camerons and JP Mauger also ceased trading.