Another Jersey building firm has collapsed, leaving the industry "deeply saddened".
But Jersey's Construction Council said it would push on with efforts to “get Jersey building again”.
JCC Chair Adrian De Gruchy made the comments after K-Land Construction – which had worked on projects ranging from luxury homes to the Biarritz Hotel – recently announced it had ceased trading.
Express has contacted the company regarding the reasons behind its decision but is yet to receive a response.
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Begbies Traynor has been appointed to manage the winding up process, and creditors have been invited to a meeting on 20 January.
The announcement comes less than a year after Kalmac, MAC Energy and Eden Interiors – all part of the MAC Group – ceased trading, citing a “downturn” in the housing market. In autumn, Mitchell Building Contractors closed, leading to the loss of more than 30 jobs. 2023 also saw the collapse of building firms Camerons and JP Mauger.
Following these closures, the JCC highlighted the industry’s need for “site-ready projects”, with Mr De Gruchy previously citing Brexit, covid, bank interest rates and “spiralling” material price increases as some of the factors that have had a “lasting effect” on the sector.
Pictured: Major building contractor Camerons stopped trading with immediate effect in 2023.
In a statement, he said: "We are deeply saddened by the news about K-Land having to cease trading with immediate effect and the impact this has on their staff, sub-contractors and suppliers."
He continued: "Whilst K-Land Limited were not a member organisation of the JeCC, we are not privy to their business affairs, so we cannot comment on the specifics of their decision."
Mr De Gruchy added: "Despite this and other recent business closures, the industry has a wide range of professional tradespeople, associated suppliers and consultants, with good long term career prospects.
"We will continue to work on site ready projects of all sizes and for private and public sector client to #GetJerseyBuildingagain."
According to Statistics Jersey's most recently-published Labour Market report, the construction and quarrying sector saw a decrease of 160 jobs from June 2023 to June last year, when the figure stood at 6,350.
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Major building contractor Camerons stops trading with immediate effect
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