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Administration · 16 October 2026

Torsion Projects

Housebuilder · Leeds · Yorkshire and the Humber · Part of Torsion

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What happened

TORSION PROJECTS LIMITED (company number 12092020), incorporated in 2019, entered administration on 16 October 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  • Funding withdrawn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 for Torsion Construction, another company in the group. 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.

Timeline

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

  1. 31 December 2024

    Last accounts filed were made up to this date

    22 months later

  2. 16 October 2026

    Administration started

AccountsPayment reportInsolvency

Before it failed

The last accounts filed were full accounts made up to 31 December 2024, 21 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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