UK Firm Plunges into Liquidation After 14 Years
A UK courier company has entered liquidation after 14 years of operation. Pedal and Post, based in Oxford, specialized in eco-friendly cargo bike deliveries. The firm ceased operations in January and subsequently appointed liquidators.
Details on Liquidation of Pedal and Post
Brett Lee Barton and Margaret Carter from the Walsall firm BK Plus have been designated as joint liquidators. The company’s liquidation comes after it expanded its delivery network to London, earning a reputation for reducing urban congestion and emissions.
Impact on Employees and Services
- A total of 60 employees, including full-time and self-employed couriers, have lost their jobs.
- The firm was delivering over 1,000 parcels daily using eco-friendly cargo bikes.
Evri, which collaborated with Pedal and Post, expressed regret over the temporary disruptions caused by the sudden cessation of operations. Carol Leonard, a resident of Grandpont, Oxford, faced challenges when her parcels went missing for over a week. She had ordered items on January 29 and 31, but received conflicting information regarding their delivery status.
Statement from Pedal and Post
In a heartfelt message shared on social media, Pedal and Post announced the end of their journey after 14 years. The company cited the loss of a major client as a key factor in their decision. They emphasized that they had exhausted all options to sustain the business and that both their Oxford and London locations had closed as a result.
Gratitude and Future of Cargo Bike Logistics
Pedal and Post expressed their appreciation for the support from clients, partners, and the community throughout their operation. They highlighted their commitment to sustainable delivery methods and noted that cargo bike logistics have made strides in the industry.
Despite the closure, the company remains optimistic about the future of cargo bike logistics, citing the growing investment in low-carbon delivery solutions by major carriers. They conveyed pride in having contributed to the evolution of urban delivery models.
Evri’s Response
Following the announcement, an Evri spokesperson expressed their disappointment at the abrupt end of their e-cargo bike delivery partnership. They reassured local customers that deliveries were being reorganized swiftly to restore normal service.
