Metashear Limited (02011543): administration
- Status
- In administration
- Administration began
- 2026-01-20
- Administrators
- Lila Thomas, Jessica Leeming
- Administrators' firm
- FRP Advisory
- Formerly
- Passtread Limited
- Incorporated
- 1986-04-18
- Location
- Preston
- Industry
- 43999 Other specialised construction activities n.e.c.
Why it went into administration
- Supply chain disruption
From the administrators' statement
The Company was a long-established steel wholesaler and processing business, incorporated in April 1986, operating from rented premises in Blackburn owned by Michael Sean Corry (“Mr Corry”), formerly the sole Director of the Company and Paul Nightingale, a business associate.
Mr Corry, one of the original founders and for a significant period, the sole Director within the business, passed away suddenly in November 2025.
Following Mr Corry’s passing, his widow, Elizabeth Corry (“Mrs Corry”), was appointed director on 9 November 2025 as well as their daughter Gillian Payne who was appointed director on 25 November 2025.
Administrators' statement of proposals (2026-03-17) · Companies House register