Letters reportedly sent to customers reveal operations will cease on 30 April
Ramsey Bakery looks set to close its operations at the end of the month.
Letters reportedly sent to customers, which have been shared on social media, reveal the business – which includes Mr B’s stores - is shutting down on 30 April.
The correspondence, signed by owner Caroline Duncan, reveals the company – which was established in 1972 – is now ‘unsustainable’.
This has been blamed in part on a changing marketplace and challenges of sourcing adequate and affordable resources.
Mrs Duncan’s letter states: “This includes everything from raw materials, packaging, staffing, haulage and fuel supplies.
“Notably, raw material costs have escalated at an unprecedented rate and continue to do so and the steeply rising energy costs that we are experiencing have significant impact given the nature of our production.
“When faced with pressure on so many fronts, in what was already a demanding business, we have no realistic option but to cease trading.”
Customers have been thanked for their ‘loyalty and support’ over the years.
The last delivery available will be 29 April.
Manx Radio has contacted Ramsey Bakery for comment.
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