Torsion Tanks – Collapse For House Builder

The massive house builder, Torsion Construction, is in administration, potentially wreaking havoc on subcontractors and the supply chain while taking newbuild work out of the market.

The firm is unlikely to come out from administration or find new funding as it had already been looking at exiting its traditional building model.

The company has sought to work with partners that can fund some of its builds to completion and carry the subcontractor and supply chain liabilities.

Interpath was appointed as the administrator on Tuesday 28 July 2026.

Torsion Care, Torsion Projects, Torsion Homes and Torsion Developments continue to trade as part of the Torsion Group which is unaffected.

The construction arm had been in trouble for some time. Unusually, for such a big business – £165 million turnover – it had worked to protect subbies by introducing direct payments, with the client paying them rather than Torsion. This however, caused a cashflow hole that became insurmountable.

Interpath is unlikely to find a buyer or new funding, thus the plan to take Torsion Construction into construction management and development management is now almost certainly off the table. This is the model that companies such as Laing operate to – letting and managing contracts without risking the same type of capital that is required as a builder and main contractor.

Twelve sites

Torsion Construction had been in control of 12 active sites including Sky Gardens, student accommodation in Leeds; Flax Place, a residential development in Leeds; and another Leeds residential development on Kirkstall Road; Westminster Works is a 220-apartment build-to-rent scheme in Birmingham; and the prestigious 129-unit One Victoria in Manchester.

Statement

A statement issued on behalf of Torsion Construction reads: ‘Over the past two years, Torsion Construction experienced rising costs, reduced construction activity, delays to significant capital events and a number of major commercial challenges including a prolonged period of exceptionally challenging trading conditions across the UK construction sector, together with a number of project-specific commercial events that placed unsustainable pressure on the liquidity of the construction business.

‘The introduction of direct payment arrangements on several projects successfully protected clients, maintained project delivery and safeguarded payments to many supply chain partners, yet significantly reduced the working capital available to the construction business. Despite extensive efforts to secure a sustainable solution, administration became the only viable option.

‘Our immediate priorities are to work closely with the administrators, support employees affected by the administration, assist subcontractors and suppliers wherever possible and continue working constructively with clients, investors, funders and other stakeholders to minimise disruption across live projects’.

Picture: A CGI view from an apartment at One Victoria in Manchester.