TORBREX VENTURES LIMITED
⚰️Wound downdissolved
SC368885 · ltd · incorporated 2009-11-20
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
63/100
Worth a look
What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 63/100 (worth a look), bankability 70/100. Strong seller-intent signal (78/100, director aged 70). 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 (73/100).
Data confidence
Overall: low (51/100)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
Confirmed no charges registered
85
Directors & officers
6 officers (2 active, 6 linked, 5 with DOB)
87
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
10 connected companies via shared directors
75
Filing history
34 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth 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
90
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 (32 events)Click to expand
- 2021-09-21📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2021-09-21🏁Company dissolved
- 2021-07-06📄gazette-notice-voluntarygazette · GAZ1(A)
- 2021-06-28📄dissolution-application-strike-off-companydissolution · DS01
- 2021-06-14➖MCQUADE, Alexander O'Hara resigneddirector
- 2021-06-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-03-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-12-23📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-12-31📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-01-23📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-01-07📄accounts-with-accounts-type-dormantaccounts · AA
- 2015-12-24📄accounts-with-accounts-type-dormantaccounts · AA
- 2015-11-24📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-12-22📄accounts-with-made-up-dateaccounts · AA
- 2014-12-03📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-12-20📄accounts-with-made-up-dateaccounts · AA
- 2013-12-09📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-12-27📄accounts-with-accounts-type-fullaccounts · AA
- 2012-12-13📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-01-05📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-08-19📄accounts-with-accounts-type-fullaccounts · AA
- 2011-04-07📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2011-02-21➖PENMAN, Kevin Mark resigneddirector
- 2011-01-31➖BOWMAN, Sue resigneddirector
- 2010-03-03➕BOWMAN, Sue appointeddirector
- 2010-03-03➖OGILVIE, Duncan Henderson resigneddirector
- 2010-01-29➕MCQUADE, Alexander O'Hara appointeddirector
- 2009-11-20🏢Company incorporatedAs TORBREX VENTURES LIMITED
- 2009-11-20➕WATSON, John appointedsecretary
- 2009-11-20➕WATSON, John Findlay appointeddirector
- 2009-11-20➕OGILVIE, Duncan Henderson appointeddirector
- 2009-11-20➕PENMAN, Kevin Mark appointeddirector
Owner dependency
100/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 70 — succession pressure is live.
Succession & seller-readiness
98/100
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 70 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 17 years.
- secondaryStable-but-static management: Company is 17 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 2021-09-21
🔒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 · Other · FK postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| SCOTTISH BUILDING FEDERATION→ SC354581 · est 2009 | — | — | £380.9k | — | 17y | 83 | 68y |
| ALLOA FIRST LIMITED→ SC353754 · est 2009 · no financials extracted | — | — | — | — | 17y | 81 | 79y |
| CLACKS FIRST LIMITED→ SC344868 · est 2008 | — | — | — | 100 | 17y | 81 | 66y |
| DICKSON, MIDDLETON & CO. LIMITED→ SC176158 · est 1997 · no financials extracted | — | — | — | — | 28y | 81 | 61y |
| FRIENDS OF KINGS PARK, STIRLING LIMITED→ SC325914 · est 2007 · no financials extracted | — | — | — | — | 18y | 81 | 78y |
| SELF ASSESSMENT (SCOTLAND) LIMITED→ SC176153 · est 1997 · no financials extracted | — | — | — | — | 28y | 81 | 61y |
| AIRPORT TRANSFERS FALKIRK LTD.→ SC387399 · est 2010 | — | — | — | — | 15y | 80 | 60y |
| CALLANDER COMMUNITY DEVELOPMENT TRUST LTD→ SC249970 · est 2003 · no financials extracted | — | — | — | — | 23y | 80 | 83y |
| DRIVING FORCE - SPORTS ENGINEERING LIMITED→ SC179655 · est 1997 | — | — | — | 0 | 28y | 80 | 67y |
| FES (SCOTLAND) LIMITED→ SC337744 · est 2008 | — | — | — | — | 18y | 80 | 84y |
| FES CONTRACTS LIMITED→ SC309744 · est 2006 · no financials extracted | — | — | — | — | 19y | 80 | 84y |
| FES SERVICES LIMITED→ SC309750 · est 2006 | — | — | — | — | 19y | 80 | 84y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2009-11-20
Jurisdictionscotland
Primary SIC99999 — SIC 99999
Registered office
200 Glasgow Road
Whins Of Milton
Stirling
Stirlingshire
FK7 8ES
Filing status
Accounts
Next due: —
Last made up to: 2020-03-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 4 resigned)
Active
WATSON, John Findlay→
Activedirector · ~70y · appointed 2009-11-20
View their other companies + combined net worth →
BOWMAN, Sue→
Resigneddirector · ~69y · appointed 2010-03-03 · resigned 2011-01-31
MCQUADE, Alexander O'Hara→
Resigneddirector · ~78y · appointed 2010-01-29 · resigned 2021-06-14
OGILVIE, Duncan Henderson→
Resigneddirector · ~60y · appointed 2009-11-20 · resigned 2010-03-03
PENMAN, Kevin Mark→
Resigneddirector · ~55y · appointed 2009-11-20 · resigned 2011-02-21
Click a director name to see their full track record across all companies.
Recent filings (34 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2021-09-21
gazette-notice-voluntary
gazette · GAZ1(A)
2021-07-06
dissolution-application-strike-off-company
dissolution · DS01
2021-06-28
termination-director-company-with-name-termination-date
officers · TM01
2021-06-14
accounts-with-accounts-type-dormant
accounts · AA
2021-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-30
accounts-with-accounts-type-dormant
accounts · AA
2019-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-11-25
accounts-with-accounts-type-dormant
accounts · AA
2018-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-11-21
accounts-with-accounts-type-dormant
accounts · AA
2018-01-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2017-11-29
accounts-with-accounts-type-dormant
accounts · AA
2017-01-07
confirmation-statement-with-updates
confirmation-statement · CS01
2016-12-02
accounts-with-accounts-type-dormant
accounts · AA
2015-12-24