(Image: Getty Images)
A UK construction firm has ceased trading after collapsing into administration.
Torsion Projects Limited, based in Leeds, specialised in the delivery of care home schemes across the UK.
It was incorporated in 2015 and employed 54 members of staff, having been a part of the wider Torsion Group.
Torsion Projects enters administration after 11 years
PROJECT UPDATE: Lancaster Wharf, Birmingham Our 23-story, 266-apartment development. Façade work underway and internal fit-out advancing rapidly, we’re on track for a winter 2025 handover. Exciting times ahead for the city’s skyline! #birmingham #construction #Propertydevelopmet https://t.co/fEwbEFiKZs
— Torsion Group (@TorsionGroup) August 22, 2024
Now, the company has collapsed, with administrators now having been appointed.
Mounting financial difficulties have now led to the collapse, with all sites handed back to developers or funders before the formal appointment of administrators.
James Clark and Rick Harrison of Interpath were appointed as joint administrators.
Mr Clark, managing director at Interpath, said: "The financial challenges that confronted Torsion Projects were insurmountable and, despite efforts by the Directors to identify fresh investment, there was little option but to begin the winding down of the business.
"We have a specialist team deployed to support staff through this difficult period."
Torsion Projects faced a sustained period of cashflow pressure following the termination of multiple contracts, which left the company unable to cover its costs.
All 54 employees have been made redundant.
The business is part of the wider Torsion Group.
Administrators were appointed in July to Torsion Construction Limited, which provided contractor services to Torsion Developments — a business operating in the purpose-built student accommodation sector (PBSA).
Torsion Developments Limited and Torsion Care Limited are not in administration.
UK companies that have closed or entered administration/liquidation in 2026
It has been a tough year for the UK high street, with several retailers entering administration or liquidation and others announcing widespread store closures.
Major high street brands Claire's and Quiz have been forced to close all their remaining stores after falling into administration.
UK fashion retailer Leading Labels also closed its remaining 15 stores after falling into liquidation.
Wynsors World of Shoes is shutting 17 stores across the UK, with closing down sales already underway at several affected branches.
UK entertainment retailer Zavvi has ceased trading after nearly 20 years, having collapsed into administration for a second time.
Australian stationery retailer Typo is also set to pull out of the UK in 2027, closing all its stores and ending online trading.
Food companies have also been affected, with frozen food company Quality Bites, which is stocked in more than 1,000 independent supermarkets, closing down, too.
Crisp company Glens of Antrim Potatoes, which supplied potatoes to retailers across the UK and Ireland, has also fell into administration after 54 years.
Its crisps were sold in Tesco, Sainsbury’s, and other major supermarkets.
Glens of Antrim Crisps were sold at major supermarkets, including Tesco and Sainsbury's (Image: Sainsbury's)
Several UK travel companies have ceased trading or entered administration in 2026, including:
Wayfairer Travel Limited has also suspended all services "until further notice" as it looks to appoint an administrator.
- UK plumbing company offering 24/7 service collapses into administration after 9 years
- UK alcohol supplier stocked in Tesco and Asda enters administration with 27 jobs lost
- UK furniture company closes after 12 years as it enters voluntary liquidation
It hasn't all been bad news for businesses in the UK, with several major brands announcing new store openings for 2026, including Joules, B&M, Aldi, M&S, and Superdrug.
Meanwhile, brands including Evans and Bodycare have returned to the UK high street this year after previously closing all their stores.
What is your favourite high street shop? Let us know in the comments below.