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Administration · 29 July 2026

Torsion Construction

Main contractor · Leeds · Yorkshire and the Humber

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What happened

TORSION CONSTRUCTION LIMITED (company number 09483417), incorporated in 2015, entered administration on 29 July 2026. Its status at Companies House is now: administration.

Why it failed

Rising costs, slower sales of developments and site problems on thin margins made it loss-making, and HSBC's exit and Bibby's withdrawal of its facility squeezed working capital.

  • Main reason: Cost inflation
  • Market downturn
  • Losses on contracts
  • Delays
  • Cash flow
  • Funding withdrawn

Our summary of the reasons given in the administrators' proposals. These record the administrators' and directors' account of what happened.

An administrator, a licensed insolvency practitioner, takes control of the company to try to rescue it, sell the business or get a better result for creditors than a liquidation.

Previously known as: TORSION GROUP LIMITED.

Timeline

The last accounts and payment report before the failure, then what happened, with the time between each.

  1. 30 June 2025

    Last accounts filed were made up to this date

    13 months later

  2. 29 July 2026

    Administration started

AccountsPayment reportInsolvency

Before it failed

Key figures

Turnover in its last accounts, year to Jun 2025
£165.4m
Accounts at Companies House
Profit before tax, year to Jun 2025
£814k
Accounts at Companies House
Staff, year to Jun 2025
147
Accounts at Companies House
Net assets, year to Jun 2025
£2.7m
Accounts at Companies House
Owed to suppliers and subcontractors (estimated), as at 29 July 2026
£15.7m
HMRC owed £1.4m. a further £1.0m owed to its lenders. Expected return to unsecured creditors: highly unlikely
Administrators' proposals

The last accounts filed were full accounts made up to 30 June 2025, 13 months before it went into administration.

The full filing history, including any late filings, charges and director changes, is on Companies House.

Lessons learned report

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