The little what I know of Trash Ritual's end - or hiatus - was that "life" got in the way. Work and family type of things. After label stopped things, the guy has been still occasionally lurking in the skene. So not totally vanished.
I appreciate many releases of TR, but as label, it somehow managed to not be so impressive. I think main thing is that it lacks sort of own identity what makes the absolute best labels to stand out. At first TR seemed to be the label what follows other labels like shadow. If Hospital had tape of new interesting project, next one would come on TR. If Freak Animal would present some Finnish artist debut release, TR would be there one step behind offering next deal, heh... And of course one can't blame label for wanting to release good stuff, yet there is barely any discoveries or risks of putting out something what wasn't first popularized by other labels or having small pre-established audience for it. Perhaps more obscure reissues like Laxative Souls and Pimp-Aktion Slutgun is something that not many other would have rushed to put out.
But that said, I got a lot of TR titles and it's pretty neat document of 2006-2011 era noise stuff. So many artists overlap with other labels of the time that it covers quite nicely certain atmosphere of the era.