Metnor Construction has fallen into administration after ceasing trading with the loss of all 80 jobs.
The Killingworth company had filed a notice of its intention to appoint administrators two weeks ago, after falling into financial difficulties. Now FRP Advisory has confirmed its appointment, with Steven Ross and Allan Kelly from the specialist business consultancy becoming joint administrators on Tuesday, following weeks of discussion.
Last year the company – which forms part of the wider Metnor Group – had hailed its recovery following the pandemic, but recent challenges put a huge strain on its finances. Metnor Construction, which won the Tyneside and Northumberland Company of the Year at the North East Business Awards in 2017, was founded in 2002 and was a principal contractor on private and public sector construction projects, including private residential schemes, healthcare, student accommodation, hotel and leisure, and commercial projects.
