Torsion eyes £200m turnover despite slowdown threat | Construction Enquirer News
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Student rooms and resi specialist lifts sales to £165m with pipeline nearing £660m
Accounts for the year to 30 June 2025 reveal that while pre-tax profit doubled to £814,000 from £404,000, margins remained tight at just 0.7% underlining the pressure still facing contractors even as workloads rise. Torsion said its model of working closely with sister business Torsion Developments at conception, planning and pre-construction stage had helped de-risk many schemes. The firm also said its focus on North and Midlands regional operations had given it stronger geographic spread and helped it grow work in key city markets. External clients now account for 61% of turnover, up from 58% a year earlier. The business said investments made over recent years in staff, structures and senior appointments were now starting to feed through into earnings, with profitable schemes increasing through the year. The contractor ended June with a secured pipeline of around £660m, focused mainly on residential and alternative living sectors, and said this now included a broader spread of project types, locations and scale. Management said the business was still targeting £200m-plus turnover over the next two years as part of its growth plan. But Torsion warned that 2025/26 looked set for static growth, or even a slowdown in demand, which could put pressure on monthly turnover and require extra liquidity support from the wider Torsion Group. It said the Building Safety Act and wider market conditions were weighing on projected workload seeing Torsion look to more diverse project opp...
