THURSO RIVER MANAGEMENT LIMITED

⚰️Wound downdissolved
SC293055 · ltd · incorporated 2005-11-11
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
🔔
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What this business does
Primary activity: SIC 03120
Sector: Agriculture, forestry & fishing
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 (65/100, director aged 60). 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 (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
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 1 with DOB)
75
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
10 connected companies via shared directors
75
Filing history
27 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 (33 events)Click to expand
  1. 2013-06-07
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2013-06-07
    🏁
    Company dissolved
  3. 2013-04-25
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  4. 2013-04-25
    📄
    dissolution-voluntary-strike-off-suspended
    dissolution · SOAS(A)
  5. 2013-02-15
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  6. 2013-01-30
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  7. 2013-01-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  8. 2012-05-17
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  9. 2012-02-01
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  10. 2011-07-26
    LAIRD, Simon William David appointed
    secretary
  11. 2011-07-26
    1924 NOMINEES LTD resigned
    corporate-secretary
  12. 2011-07-26
    📄
    appoint-person-secretary-company-with-name
    officers · AP03
  13. 2011-07-26
    📄
    termination-secretary-company-with-name
    officers · TM02
  14. 2011-07-21
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2011-01-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2010-07-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2010-07-07
    📄
    change-corporate-secretary-company-with-change-date
    officers · CH04
  18. 2010-02-02
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2009-05-29
    📄
    legacy
    annual-return · 363a
  20. 2009-02-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2008-07-02
    📄
    legacy
    annual-return · 363a
  22. 2008-03-04
    📄
    accounts-with-accounts-type-full
    accounts · AA
  23. 2007-05-03
    📄
    legacy
    annual-return · 363a
  24. 2007-03-01
    📄
    accounts-with-accounts-type-full
    accounts · AA
  25. 2006-11-27
    📄
    legacy
    annual-return · 363s
  26. 2006-04-28
    📄
    legacy
    accounts · 225
  27. 2006-02-09
    📄
    legacy
    officers · 288a
  28. 2006-02-09
    📄
    legacy
    officers · 288b
  29. 2006-01-26
    LAIRD, Simon William David appointed
    director
  30. 2006-01-26
    1924 DIRECTORS LIMITED resigned
    corporate-director
  31. 2005-11-11
    🏢
    Company incorporated
    As THURSO RIVER MANAGEMENT LIMITED
  32. 2005-11-11
    1924 NOMINEES LTD appointed
    corporate-secretary
  33. 2005-11-11
    1924 DIRECTORS LIMITED appointed
    corporate-director

Owner dependency

93/100
Critical — business is the founder

The 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 20 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

85/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 20 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
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2013-06-07

🔒Co-director network graph

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

Available from the Pro tier upwards.

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

Statusdissolved
Typeltd
Incorporated2005-11-11
Jurisdictionscotland
Primary SIC03120 — SIC 03120

Registered office

2nd Floor North
Saltire Court 20 Castle Terrace
Edinburgh
EH1 2EN
United Kingdom

Filing status

Accounts
Next due:
Last made up to: 2012-04-30
Confirmation statement
Next due:
Last:

Officers (0 active · 2 resigned)

LAIRD, Simon William David
secretary · appointed 2011-07-26
View their other companies + combined net worth →
Active
LAIRD, Simon William David
director · ~60y · appointed 2006-01-26
View their other companies + combined net worth →
Active
1924 NOMINEES LTD
corporate-secretary · appointed 2005-11-11 · resigned 2011-07-26
Resigned
1924 DIRECTORS LIMITED
corporate-director · appointed 2005-11-11 · resigned 2006-01-26
Resigned

Click a director name to see their full track record across all companies.

Recent filings (27 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2013-06-07
change-registered-office-address-company-with-date-old-address
address · AD01
2013-04-25
dissolution-voluntary-strike-off-suspended
dissolution · SOAS(A)
2013-04-25
gazette-notice-voluntary
gazette · GAZ1(A)
2013-02-15
dissolution-application-strike-off-company
dissolution · DS01
2013-01-30
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-01-28
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-05-17
accounts-with-accounts-type-total-exemption-small
accounts · AA
2012-02-01
appoint-person-secretary-company-with-name
officers · AP03
2011-07-26
termination-secretary-company-with-name
officers · TM02
2011-07-26
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-07-21
accounts-with-accounts-type-total-exemption-small
accounts · AA
2011-01-26
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-07-07
change-corporate-secretary-company-with-change-date
officers · CH04
2010-07-07
accounts-with-accounts-type-total-exemption-small
accounts · AA
2010-02-02