TORR GORM DEVELOPMENTS LIMITED
🌳Matureactive
SC234000 · ltd · incorporated 2002-07-10
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 21.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jul 2025
Net worth
—
book net assets
Opportunity
83/100
Exceptional
What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
PursueActive trading company with a 97-year-old founder — textbook succession opportunity.
Opportunity 83/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 97). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 21.9y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 21.9 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
8 officers (6 active, 8 linked, 5 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
69 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-07-31 | 2024-07-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
1
filing
- • 1 accounts
Last 90 days
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
- 2026-04-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-04-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-04-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-30📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-09-26📄gazette-notice-compulsorygazette · GAZ1
- 2023-04-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-04-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-01-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-01-18🔓Charge satisfied #1
- 2021-10-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-10-26📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-08-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-09-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-07-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-06-27📄gazette-filings-brought-up-to-dategazette · DISS40
- 2018-06-26📄gazette-notice-compulsorygazette · GAZ1
- 2017-05-11📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2009-11-19🔒Charge registered #2Lender: Clydesdale Bank PLC
- 2006-12-28➕POOL, Patricia Mairi appointeddirector
- 2006-12-28➕RALSTON, Claire Barbara appointeddirector
- 2006-12-28➕WHYTE, Cameron Reay appointeddirector
- 2004-06-18🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 2002-07-10🏢Company incorporatedAs TORR GORM DEVELOPMENTS LIMITED
- 2002-07-10➕WHYTE, Cameron Reay appointedsecretary
- 2002-07-10➕WHYTE, Fergus Grant appointeddirector
- 2002-07-10➕WHYTE, Reay Alexander Reginald appointeddirector
- 2002-07-10➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 2002-07-10➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2002-07-10➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
- 2002-07-10➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -5 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 97 — 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 candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 97 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 24 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Fergus Grant Whyte Individual · British · DOB 03/1963 · age 63 | — | — | sig. influencesignificant influence | 30/04/2016 |
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
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|---|---|---|---|---|---|---|---|
| T & N CONTRACTS LIMITED→ SC555681 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| THE GREENER ROOF CO LTD→ SC827558 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| THIRD EYE SERVICES GLASGOW LTD→ SC777358 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| THOMSON ALARM & COMMUNICATION SYSTEMS LIMITED→ SC146163 · est 1993 · no financials extracted | — | — | — | — | 32y | — | — |
| THOMSON HEATING GROUP LTD→ SC557834 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| THOMSON MAINTENANCE LTD→ SC735356 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| TITANIUM DEVELOPMENTS SCOTLAND LTD→ SC697069 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| TLK MANAGEMENT SERVICES LIMITED→ SC476471 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| TRADESNATO LTD→ SC856662 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| TWINPEAKS NDT & ENGINEERING CONSULTANCY LIMITED→ SC846340 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| VETCH INVESTMENTS LIMITED→ SC846682 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| VITAL PROPERTY DEVELOPMENTS LTD→ SC522595 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
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.
See pricing →Company details
Statusactive
Typeltd
Incorporated2002-07-10
Jurisdictionscotland
Primary SIC41100 — Development of building projects
Registered office
Inverinate
Aros
Isle Of Mull
PA72 6JB
Scotland
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-07-24
Last: 2025-07-10
Officers (6 active · 2 resigned)
WHYTE, Cameron Reay→
Activesecretary · appointed 2002-07-10
View their other companies + combined net worth →
POOL, Patricia Mairi→
Activedirector · ~50y · appointed 2006-12-28
View their other companies + combined net worth →
RALSTON, Claire Barbara→
Activedirector · ~62y · appointed 2006-12-28
View their other companies + combined net worth →
WHYTE, Cameron Reay→
Activedirector · ~97y · appointed 2006-12-28
View their other companies + combined net worth →
WHYTE, Fergus Grant→
Activedirector · ~63y · appointed 2002-07-10
View their other companies + combined net worth →
WHYTE, Reay Alexander Reginald→
Activedirector · ~67y · appointed 2002-07-10
View their other companies + combined net worth →
BRIAN REID LTD.→
Resignedcorporate-nominee-secretary · appointed 2002-07-10 · resigned 2002-07-10
STEPHEN MABBOTT LTD.→
Resignedcorporate-nominee-director · appointed 2002-07-10 · resigned 2002-07-10
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank PLC | Standard security | 1 property | 19/11/2009 | — | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 18/06/2004 | 18/01/2022 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (69 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-24
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-29
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-07
gazette-filings-brought-up-to-date
gazette · DISS40
2023-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-27
gazette-notice-compulsory
gazette · GAZ1
2023-09-26
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-30
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-30
mortgage-satisfy-charge-full
mortgage · MR04
2022-01-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-07
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-07
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-10-26