TURRIFF & DISTRICT LTD.
Opportunity 64/100 (worth a look), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. 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).
Data confidence
Overall: low (51/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (69 events)Click to expand
- 2016-09-06📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2016-09-06🏁Company dissolved
- 2016-08-16📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2016-06-17📄dissolution-voluntary-strike-off-suspendeddissolution · SOAS(A)
- 2016-05-10📄gazette-notice-voluntarygazette · GAZ1(A)
- 2016-04-28📄dissolution-application-strike-off-companydissolution · DS01
- 2015-12-02📄annual-return-company-with-made-up-date-no-member-listannual-return · AR01
- 2015-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2014-11-11📄annual-return-company-with-made-up-date-no-member-listannual-return · AR01
- 2014-07-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2013-11-13📄annual-return-company-with-made-up-date-no-member-listannual-return · AR01
- 2013-06-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2012-10-31📄annual-return-company-with-made-up-date-no-member-listannual-return · AR01
- 2012-07-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2012-02-01📄appoint-person-director-company-with-nameofficers · AP01
- 2012-01-19📄termination-director-company-with-nameofficers · TM01
- 2012-01-18➕GAUL, Alan James appointeddirector
- 2012-01-18➖GAUL, Patrick resigneddirector
- 2011-11-07📄annual-return-company-with-made-up-date-no-member-listannual-return · AR01
- 2011-11-04📄appoint-person-director-company-with-nameofficers · AP01
- 2011-11-04📄termination-director-company-with-nameofficers · TM01
- 2011-11-04📄termination-director-company-with-nameofficers · TM01
- 2011-11-04📄termination-director-company-with-nameofficers · TM01
- 2011-11-04📄appoint-person-director-company-with-nameofficers · AP01
- 2011-10-12➕THOMSON, William Anderson Mccoll appointeddirector
- 2011-09-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2011-08-03➕CLARK, John Martin appointeddirector
- 2011-02-09➖FERGUSON, Ian Bruce resigneddirector
- 2011-01-19➖STEPHEN, Andrew Michael Duthie resigneddirector
- 2011-01-01➖SMITH, Ann-Margret resigneddirector
- 2010-10-26📄annual-return-company-with-made-up-date-no-member-listannual-return · AR01
- 2010-10-26📄change-person-director-company-with-change-dateofficers · CH01
- 2010-10-26📄termination-director-company-with-nameofficers · TM01
- 2009-10-01➕PURDIE, Douglas David appointedsecretary
- 2009-10-01➖STEWART & WATSON resignedcorporate-secretary
- 2009-10-01➖GAUL, Patrick James resigneddirector
- 2009-04-30➖BOWIE, John George resigneddirector
- 2008-06-23➕CHEYNE, Alfred George appointeddirector
- 2008-06-23➕COX JNR, Herbert Alexander Wilson appointeddirector
- 2008-06-23➕IRAVANI, Anne appointeddirector
- 2008-06-23➕MILNE, Ronald George appointeddirector
- 2008-06-23➖CORLESS, Sandra resigneddirector
- 2008-06-23➖CORMACK, Harald Harvey resigneddirector
- 2008-06-23➖CRUICKSHANK, James Strachan resigneddirector
- 2008-06-23➖FARQUHARSON, John Innes resigneddirector
- 2008-06-23➕GAUL, Patrick appointeddirector
- 2007-04-26➖GILL, Hamish Archibald resigneddirector
- 2003-08-05➕CORLESS, Sandra appointeddirector
- 2003-08-05➕SMITH, Ann-Margret appointeddirector
- 2003-07-03➕CHALMERS, Bryan Struthers appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- -11 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 80 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 80 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 25 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 has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2016-09-06
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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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.
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Filing status
Officers (0 active · 15 resigned)
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