TORISHIMA EUROPE PROJECTS LTD

⚰️Wound downdissolved
SC399592 · ltd · incorporated 2011-05-16
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
50/100
Worth a look
🔔
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What this business does
Primary activity: Other manufacturing n.e.c.
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 50/100 (worth a look), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. 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 (58/100). Current lenders should be on monthly review.

Data confidence

Overall: medium (59/100)

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
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
10 officers (2 active, 10 linked, 9 with DOB)
88
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
55 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
50/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
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 (40 events)Click to expand
  1. 2022-05-25
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2022-05-25
    🏁
    Company dissolved
  3. 2022-02-25
    ⚠️
    liquidation-compulsory-return-final-meeting-court-scotland
    insolvency · WU15(Scot)
  4. 2021-08-31
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2021-07-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2021-07-19
    ⚠️
    liquidation-compulsory-notice-winding-up-order-court-scotland
    insolvency · WU01(Scot)
  7. 2020-10-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-09-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2020-06-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2020-06-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2020-03-04
    MACDONALD, Hugh John resigned
    director
  12. 2020-03-04
    TOMIZAWA, Satoshi resigned
    director
  13. 2020-03-04
    WEST, Jonathan Paul resigned
    director
  14. 2020-03-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2020-03-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2020-03-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2019-10-03
    📄
    accounts-with-accounts-type-small
    accounts · AA
  18. 2018-09-28
    📄
    accounts-with-accounts-type-small
    accounts · AA
  19. 2017-10-05
    📄
    accounts-with-accounts-type-small
    accounts · AA
  20. 2017-04-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  21. 2017-04-26
    SINCLAIR, Stuart Alexander resigned
    director
  22. 2016-11-09
    📄
    auditors-resignation-company
    auditors · AUD
  23. 2016-11-08
    📄
    auditors-resignation-company
    auditors · AUD
  24. 2016-10-18
    📄
    resolution
    resolution · RESOLUTIONS
  25. 2016-10-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  26. 2016-08-23
    FERRIE, Andrew James appointed
    director
  27. 2016-08-23
    SINCLAIR, Stuart Alexander appointed
    director
  28. 2014-10-02
    TOMIZAWA, Satoshi appointed
    director
  29. 2014-06-26
    FREW, John Kilgour resigned
    director
  30. 2014-06-03
    RETFORD, Stephen Mark resigned
    director
  31. 2013-10-23
    MACDONALD, Hugh John appointed
    director
  32. 2011-08-25
    RETFORD, Stephen Mark appointed
    director
  33. 2011-08-25
    WEST, Jonathan Paul appointed
    director
  34. 2011-05-16
    🏢
    Company incorporated
    As TORISHIMA EUROPE PROJECTS LTD
  35. 2011-05-16
    ASHE, Gerald appointed
    director
  36. 2011-05-16
    FREW, John Kilgour appointed
    director
  37. 2011-05-16
    GRAY, Gary George appointed
    director
  38. 2011-05-16
    GRAY, Gary George resigned
    director
  39. 2011-05-16
    BURNESS (DIRECTORS) LIMITED appointed
    corporate-director
  40. 2011-05-16
    BURNESS (DIRECTORS) LIMITED resigned
    corporate-director

Owner dependency

66/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

59/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 15 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

2 high ·
Company dissolved
high

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

Evidence: Dissolved on 2022-05-25

3 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2022-05-25: gazette-dissolved-liquidation; 2022-02-25: liquidation-compulsory-return-final-meeting-court-scotland

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Gerald Ashe
Individual · British · DOB 02/1966 · age 60
sig. influencesignificant influence · firm interest01/01/2017

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 →

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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 →
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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
Incorporated2011-05-16
Jurisdictionscotland
Primary SIC32990 — Other manufacturing n.e.c.

Registered office

Third Floor Turnberry House
175 West George Street
Glasgow
G2 2LB

Filing status

Accounts
Next due:
Last made up to: 2019-12-31
Confirmation statement
Next due:
Last:

Officers (0 active · 8 resigned)

ASHE, Gerald
director · ~60y · appointed 2011-05-16
View their other companies + combined net worth →
Active
FERRIE, Andrew James
director · ~55y · appointed 2016-08-23
View their other companies + combined net worth →
Active
FREW, John Kilgour
director · ~76y · appointed 2011-05-16 · resigned 2014-06-26
Resigned
GRAY, Gary George
director · ~56y · appointed 2011-05-16 · resigned 2011-05-16
Resigned
MACDONALD, Hugh John
director · ~75y · appointed 2013-10-23 · resigned 2020-03-04
Resigned
RETFORD, Stephen Mark
director · ~55y · appointed 2011-08-25 · resigned 2014-06-03
Resigned
SINCLAIR, Stuart Alexander
director · ~62y · appointed 2016-08-23 · resigned 2017-04-26
Resigned
TOMIZAWA, Satoshi
director · ~62y · appointed 2014-10-02 · resigned 2020-03-04
Resigned
WEST, Jonathan Paul
director · ~63y · appointed 2011-08-25 · resigned 2020-03-04
Resigned
BURNESS (DIRECTORS) LIMITED
corporate-director · appointed 2011-05-16 · resigned 2011-05-16
Resigned

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

Recent filings (55 total)

gazette-dissolved-liquidation
gazette · GAZ2
2022-05-25
liquidation-compulsory-return-final-meeting-court-scotland
insolvency · WU15(Scot)
2022-02-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-08-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-07-27
liquidation-compulsory-notice-winding-up-order-court-scotland
insolvency · WU01(Scot)
2021-07-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-26
change-person-director-company-with-change-date
officers · CH01
2020-09-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-06-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-06-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-19
termination-director-company-with-name-termination-date
officers · TM01
2020-03-04
termination-director-company-with-name-termination-date
officers · TM01
2020-03-04
termination-director-company-with-name-termination-date
officers · TM01
2020-03-04
accounts-with-accounts-type-small
accounts · AA
2019-10-03