Felixstowe Travel officially ceased trading on Sunday, March 16, announcing the closure on its website and stating that its offices were now unmanned. The company indicated that liquidators would be appointed in due course.
In December 2024, REL Capital had planned to acquire a majority shareholding in Felixstowe Travel. At the time, REL stated that the business would collaborate with existing Davian and Tendring Travel to strengthen its presence in the East of England. The management team, led by Alan Braybrooke, was expected to remain in place. However, sources indicate that the acquisition deal ultimately fell through.
REL Capital’s Andy Scott clarified the situation, stating that the purchase was never completed. Felixstowe Travel had reached out to REL last year for financial assistance, but negotiations with the company’s landlord and the reluctance of drivers to relocate led to the collapse of the deal. Despite providing financial support, REL will now be a creditor in the company’s liquidation process.
Scott added that REL Capital hopes to retain some of Felixstowe Travel’s private hire business from its depots in Tendring and Rayleigh, located in Essex.
