Jobs safeguarded following sale of engineering recruiter
Posted by The Editor
Six jobs have been safeguarded following the sale of specialist engineering and manufacturing recruitment business Metalis Engineering Recruitment Limited after it entered administration.
Steve Currie and Sophie Murcott of business advisory firm CY Group were appointed joint administrators of the Rotherham-based company on 3 August 2026.
Established in 2019, Metalis provided specialist recruitment services to the engineering and manufacturing sectors, supporting businesses across Yorkshire, the North of England and the Midlands with permanent and temporary recruitment.
The company had experienced increasingly challenging trading conditions, with a slowdown in recruitment activity and pressure on margins contributing to cash-flow difficulties.
Despite steps being taken by management to reduce costs and restructure the business, the company's financial position ultimately became unsustainable and advice was sought from CY Group.
Following their appointment, the joint administrators completed a pre-packaged sale of the business and certain assets to Metalis Recruitment Group Limited for an undisclosed sum.
The deal has secured the future of the business, safeguarded all six jobs and ensured Metalis can continue supporting its customers. It has also delivered a positive outcome for creditors, with the secured creditor currently expected to be repaid in full.
Steven said:“Metalis had established a strong position within a specialist recruitment market, but difficult trading conditions and increasing pressure on cash flow had created significant challenges for the business.
“Our priority was to find an outcome that preserved the underlying business, protected employment and delivered the best possible result for creditors.
“We're pleased to have achieved a sale which safeguards all six jobs, allows the business to continue supporting its customers and is expected to result in the secured creditor being repaid in full.
“It's a positive outcome in what had become a very difficult set of circumstances and demonstrates the importance of seeking advice early, while there are still options available to protect value.”
The business will continue to trade through Metalis Recruitment Group Limited following completion of the sale.
