A 70-year old bus and coach travel business has ceased trading in Cirencester.
A statement released by Alexcars, said: “It gives great sadness to announce that the directors of Alexcars Ltd have taken the extremely difficult decision to hang the keys up and cease trading.
“A number of factors in a short timeframe have impacted the business, not least Covid-19 which has brought a total loss of revenue in what should be the busiest time of year.
“Alexcars has been proud to serve the people of Cirencester and surrounding areas since 1946 and we are extremely grateful to our customers and fantastic staff and for their loyalty over these years.
“During these difficult and challenging times, please stay safe, look after each other, and support your local businesses wherever you can.”
Cheltenham-based Hazlewoods accountants have been appointed as administrators.
Alexcars was founded by Alec Hibberd and his wife Barbara in 1946, starting with a private hire car. Alec’s brothers, Sidney and Norman also joined the business and soon the progression to coaches was made with the acquisition of a converted ambulance. The company grew steadily, moving from the village of Baunton to its present base in Love Lane, Cirencester in the late 1950s.
Alec and Barbara’s son Rodney joined the business in 1967 and following Alec’s death in 1997, Rod took the helm. Rod’s sister Jenny, her husband Will and their son Ben were also involved, and were then joined by Rod’s children Douglas, Freya & Luke.
Alexcars employed some 25 full-time and part-time staff and had more than 20 coaches of various sizes operating daily contracts, private hire, day excursions, short breaks and coach holidays.