Torsion creditors set to lose out on £20m
Torsion Construction collapsed owing £20m to unsecured creditors, according to administrators. The Leeds-headquartered contractor went under in July, blaming challenging trading conditions. A new report published on Companies House by administrators at Interpath revealed that it owed £20m to unsecured creditors at the time, including…
The post Torsion creditors set to lose out on £20m appeared first on Construction News.
Generated by Pulse AI, Glideslope's proprietary engine for interpreting market sentiment and economic signals. For informational purposes only — not financial advice.