TORC TOOLS (ABERDEEN) LIMITED
⚰️Wound downdissolved
SC330919 · ltd · incorporated 2007-09-13
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 18.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
64/100
Worth a look
What this business does
Primary activity: SIC 1120
Sector: Manufacturing
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 64/100 (worth a look), bankability 75/100. Strong seller-intent signal (78/100, director aged 71). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
1 live charge · oldest 18.1y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 18.1 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: low (49/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
2 connected companies via shared directors
51
Filing history
20 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
- 2012-05-11📄gazette-dissolved-compulsorygazette · GAZ2
- 2012-05-11🏁Company dissolved
- 2012-01-20📄gazette-notice-compulsorygazette · GAZ1
- 2011-08-16📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2010-09-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2010-09-17📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-09-17📄change-corporate-secretary-company-with-change-dateofficers · CH04
- 2009-11-05📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-11-05📄change-person-director-company-with-change-dateofficers · CH01
- 2009-07-13📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2008-10-23📄legacyofficers · 288c
- 2008-10-16📄legacycapital · 122
- 2008-10-16📄resolutionresolution · RESOLUTIONS
- 2008-10-15📄legacyannual-return · 363a
- 2008-10-15📍legacyaddress · 353
- 2008-04-01📄legacymortgage · 410(Scot)
- 2008-03-19🔒Charge registered #1Lender: Royal Bank of Scotland PLC
- 2007-10-08📄legacycapital · 88(2)R
- 2007-10-02📄legacyofficers · 288a
- 2007-10-02📄legacyaccounts · 225
- 2007-10-02📍legacyaddress · 287
- 2007-09-26➕HISLOP, Mark appointeddirector
- 2007-09-13🏢Company incorporatedAs TORC TOOLS (ABERDEEN) LIMITED
- 2007-09-13➕JAMES AND GEORGE COLLIE appointedcorporate-secretary
- 2007-09-13➕ARCHBOLD, Michael Antony appointeddirector
- 2007-09-13📄incorporation-companyincorporation · NEWINC
Owner dependency
88/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 71 — succession pressure is live.
- +No director turnover: Company is 19 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
89/100
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 71 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 19 years.
- secondaryStable-but-static management: Company is 19 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
1 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2012-05-11
🔒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 · Food & drink · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| KEPAK GROUP LIMITED→ SC440783 · est 2013 | £32.76M £24.14M–£41.39M | £648.38M | — | 147800 | 13y | 89 | 75y |
| EAST COAST VINERS GRAIN (DRUMLITHIE) LIMITED→ SC465482 · est 2013 | £10.04M £7.40M–£12.68M | £55.24M | — | 6600 | 12y | 95 | 79y |
| MACKIE'S LIMITED→ SC030096 · est 1954 | £8.51M £6.27M–£10.75M | — | — | 115 | 71y | 84 | 62y |
| COLIN FRASER LIMITED→ SC236839 · est 2002 | — | — | £690.5k | — | 23y | 82 | 65y |
| GRANITE CITY FISH LIMITED→ SC130588 · est 1991 | — | — | £327.0k | — | 35y | 82 | 66y |
| GT SEAFOODS LIMITED→ SC241817 · est 2003 | — | — | £2.21M | — | 23y | 82 | 62y |
| HOME BAKERY (BUCKIE) LIMITED→ SC104797 · est 1987 | — | — | — | 2600 | 38y | 82 | 75y |
| SLAINS CASTLE SPIRIT COMPANY LTD→ SC605501 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| SOM MOTOR COMPANY LTD→ SC680980 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| SPEYSIDE ENTERPRISES LIMITED→ SC177138 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
| STRATHCLYDE NUTRITION LTD.→ SC198829 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| SWYD SUPPLEMENTS LTD→ SC746464 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Statusdissolved
Typeltd
Incorporated2007-09-13
Jurisdictionscotland
Primary SIC1120 — SIC 1120
Registered office
Unit 3 Badentoy Place
Badentoy Industrial Estate
Portlethen, Aberdeen
Aberdeenshire
AB12 4YF
Filing status
Accounts
Next due: —
Last made up to: 2010-12-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 0 resigned)
JAMES AND GEORGE COLLIE→
Activecorporate-secretary · appointed 2007-09-13
View their other companies + combined net worth →
ARCHBOLD, Michael Antony→
Activedirector · ~71y · appointed 2007-09-13
View their other companies + combined net worth →
HISLOP, Mark→
Activedirector · ~54y · appointed 2007-09-26
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 19/03/2008 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (20 total)
gazette-dissolved-compulsory
gazette · GAZ2
2012-05-11
gazette-notice-compulsory
gazette · GAZ1
2012-01-20
accounts-with-accounts-type-total-exemption-small
accounts · AA
2011-08-16
accounts-with-accounts-type-total-exemption-small
accounts · AA
2010-09-30
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-09-17
change-corporate-secretary-company-with-change-date
officers · CH04
2010-09-17
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2009-11-05
change-person-director-company-with-change-date
officers · CH01
2009-11-05
accounts-with-accounts-type-total-exemption-small
accounts · AA
2009-07-13
legacy
officers · 288c
2008-10-23
legacy
capital · 122
2008-10-16
resolution
resolution · RESOLUTIONS
2008-10-16
legacy
annual-return · 363a
2008-10-15
legacy
address · 353
2008-10-15
legacy
mortgage · 410(Scot)
2008-04-01