NewsUK NewsJob lossesA UK construction firm that specialised in in residential and living sector developments has plunged into liquidation with 115 employees facing redundancies06:49, 10 Aug 2026A UK construction company has plunged into administration after over in decade in business leaving over 100 people without a job.‌Torsion Construction Limited was appointed joint liquidators on July 29, according to The Gazette.‌The Leeds based company was founded in 2015, and specialised in residential and living sector developments.‌Documents show that the firm hired 115 employees.Torsion had delivered £287 million worth of projects across the UK, including in major cities such as Birmingham and Manchester.‌According to its website, a further £303 million worth of work was still under construction when the company seized trading.The majority of staff at the firm were made redundant, reports The Herald.James Clark and Howard Smith of Interpath were appointed joint administrators on July 29 and are supporting the firm with the winding-down process.‌As are a small number of employees.Mr Clark, managing director at Interpath and joint administrator of Torsion Construction, said: "Torsion Construction has faced many of the immense challenges that have confronted leadership teams right across the sector."Despite its efforts to find a sustainable solution and protect its clients from those pressures, the business’ liquidity ran out of road.Article continues below"With regret, Torsion Construction could not continue in its current form and was left with no other option but to cease trading."We have a team providing the appropriate information and support to staff as we work through an orderly wind down of operations.”Choose Daily Mirror as a 'Preferred Source' on Google News for quick access to the news you value.‌InterpathJob lossesThe Gazette