Torsion Projects files administration notice

Another part of the Torsion Group is set to follow the main construction arm into administration.
Torsion Projects has filed a notice of intention to appoint an administrator.
The move comes after £78m turnover Torsion Construction went under in July owing £15m to suppliers.Latest filed accounts for Torsion Projects for the year to December 31 2024 show an annual turnover of £47m generating a pre-tax profit of £505,000.
The company specialises in the construction of care