Torsion care home arm faces winding-up petition

Torsion group founder and CEO, Dan Spencer

Torsion Group's  specialist care home business, Torsion Projects, has been hit with a winding-up petition just days after its sister company sought insolvency protection.

TheBusinessDesk.com can reveal that the petition has been lodged by construction equipment supplier, YardLink.  The filing follows Torsion Construction's filing of a notice of intention to appoint administrators on Monday.

In a statement Torsion Group said the winding up petition i... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...

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