TORRISH ESTATES COMPANY LIMITED

🌳Matureactive

SC024394 · ltd · incorporated 1946-07-29

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 24.9y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

£323.2k

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: SIC 01450

Sector: Agriculture, forestry & fishing

ALSO REGISTERED FOR

93199Other sports activities

Investor take

Pursue

Asset-holding vehicle with a 87-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 85/100. Strong seller-intent signal (63/100, director aged 87). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 24.9y

85/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 24.9 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 2 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

9 officers (5 active, 9 linked, 7 with DOB)

Ownership & PSC

4 active PSC(s) of 4 total, 4 with control declared

Director network

4 connected companies via shared directors

Filing history

109 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £323,195

Net assets shrinking

Down £20,304 YoY

Cash YoY

-5%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£109k

↓ 4.9% YoY

Net Worth

£323k

↓ 5.9% YoY

Current Assets

£313k

↑ 2.0% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-12-31	2023-12-31
Total assets	£323.2k	£343.5k
Current assets	£312.7k	£306.6k
Cash	£108.9k	£114.5k
Debtors	£139.1k	£123.9k
Net assets	£323.2k	£343.5k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days

filings

Last 90 days

filings

• 2 officers
• 1 confirmation-statement
• 1 persons-with-significant-control

Last 180 days

filings

• 4 officers
• 2 persons-with-significant-control
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (29 events)Click to expand

2026-03-26
📄
change-person-director-company-with-change-date
officers · CH01
2026-03-25
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-25
📄
change-person-director-company-with-change-date
officers · CH01
2026-03-16
📄
change-person-director-company-with-change-date
officers · CH01
2026-03-16
📄
change-person-director-company-with-change-date
officers · CH01
2026-03-16
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-06-06
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-08-28
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-03-08
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-09-21
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-05-17
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2023-05-16
📄
gazette-notice-compulsory
gazette · GAZ1
2022-08-09
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-06-06
📄
mortgage-satisfy-charge-full
mortgage · MR04
2022-06-06
🔓
Charge satisfied #1
2022-03-21
📄
change-person-director-company-with-change-date
officers · CH01
2021-05-19
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-12-03
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-08-27
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2012-04-06
➕
PARKER, Tara appointed
director
2012-01-17
➕
LOWSLEY-WILLIAMS, Caroline appointed
secretary
2012-01-17
➖
MCCORQUODALE, Colin Norman resigned
secretary
2012-01-17
➖
MCCORQUODALE, Colin Norman resigned
director
2009-02-27
➖
MCCORQUODALE, Alastair resigned
director
2004-11-02
➕
LOWSLEY-WILLIAMS, Caroline appointed
director
2004-11-02
➕
MCCORQUODALE, Glen appointed
director
2004-01-20
➖
MCCORQUODALE, Ian Hamilton resigned
director
2001-07-10
🔒
Charge registered #1
Lender: The Governor and Company of the Bank of Scotland
1946-07-29
🏢
Company incorporated
As TORRISH ESTATES COMPANY LIMITED

Owner dependency

73/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 87 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 87 years old. Natural succession window is now.
primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 80 years old and no new directors in the last 3 years — succession not yet being planned internally.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

4 active beneficial owners · fragmented

Name	Shares	Voting rights	Nature of control	Notified
Mr Neil Edmund Mccorquodale Individual · British · DOB 04/1951 · age 75	—	—	sig. influencesignificant influence	30/06/2016
Mrs Tara Parker Individual · British · DOB 01/1973 · age 53	—	—	sig. influencesignificant influence	30/06/2016
Miss Caroline Lowsley-Williams Individual · British · DOB 01/1962 · age 64	—	—	sig. influencesignificant influence	30/06/2016
Mr Glen Mccorquodale Individual · British · DOB 12/1939 · age 87	—	—	sig. influencesignificant influence	30/06/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

Similar companies

Active · Agriculture · KW postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
BRECK FARM LIMITED→ SC282508 · est 2005	—	—	—	100	21y	83	59y
ORKNEY SHELLFISH LIMITED→ SC138531 · est 1992	—	—	£174.7k	—	34y	83	61y
BINSCARTH LIMITED→ SC251665 · est 2003	—	—	—	0	22y	82	70y
CELTIC DAWN FISHING LIMITED→ SC263213 · est 2004	—	—	£2.01M	—	22y	82	62y
E S H HARCUS LIMITED→ SC375460 · est 2010	—	—	—	600	16y	82	78y
ERLEND FLETT PLANT HIRE→ SC081510 · est 1983 · no financials extracted	—	—	—	—	43y	82	81y
FORSE FARMS LTD→ SC388765 · est 2010	—	—	£561.7k	—	15y	82	72y
GEORTH FARMS→ SC270361 · est 2004 · no financials extracted	—	—	—	—	21y	82	78y
LAGA FARMS LIMITED→ SC241028 · est 2002	—	—	—	2	23y	82	64y
S & J D ROBERTSON GROUP LIMITED→ SC070455 · est 1980	—	—	—	500	46y	82	75y
GILLS HARBOUR LTD→ SC364117 · est 2009	—	—	£85.7k	—	16y	81	67y
M.B.M. FARMS LTD.→ SC175029 · est 1997	—	—	£711.5k	—	29y	81	80y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →

🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

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Company details

Statusactive

Typeltd

Incorporated1946-07-29

Jurisdictionscotland

Primary SIC01450 — SIC 01450

Registered office

Kilphedir Lodge

Helmsdale

Sutherland

KW8 6HY

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2027-03-13

Last: 2026-02-27