FTV PROCLAD (U.K.) LIMITED
📉Decliningactive
SC271316 · ltd · incorporated 2004-07-29
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
drifting distress · 6-months
Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.
- · Lifecycle stage drifting downward
- · Currently "declining"
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2024
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: SIC 16240
Sector: Manufacturing
ALSO REGISTERED FOR
- 28131SIC 28131
- 28490SIC 28490
Investor take
PursueActive trading company with a 66-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (78/100).
🏦
Refinance opportunity
6 live charges · 2 lenders · oldest 21.6y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 21.6 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 20/100 — clean.
Data confidence
Overall: high (84/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
17 officers (3 active, 17 linked, 13 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
21 connected companies via shared directors
90
Filing history
100 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 101Profitable
Profit before tax £223,348
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 101| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Profit before tax | £223.3k | £430.3k |
| Average employees | 42 | 4200 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 officers
Last 180 days
3
filings
- • 2 officers
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (62 events)Click to expand
- 2026-04-01📄change-person-director-company-with-change-dateofficers · CH01
- 2025-12-10➖WILSON, James Donald Gilmour resigneddirector
- 2025-12-10📄accounts-with-accounts-type-smallaccounts · AA
- 2025-12-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-05-30📄accounts-with-accounts-type-fullaccounts · AA
- 2023-08-31📄accounts-with-accounts-type-fullaccounts · AA
- 2023-07-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-07-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-07-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-07-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-07-05🔓Charge satisfied #4
- 2023-07-05🔓Charge satisfied #3
- 2023-07-05🔓Charge satisfied #2
- 2023-07-05🔓Charge satisfied #1
- 2023-07-04📄memorandum-articlesincorporation · MA
- 2023-07-04📄resolutionresolution · RESOLUTIONS
- 2023-06-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-06-28🔒Charge registered #6Lender: Igf Business Credit Limited
- 2023-06-26📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-06-26📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-06-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-06-08🔒Charge registered #5Lender: Barclays Bank PLC
- 2023-06-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-05-22➕WILSON, James Donald Gilmour appointeddirector
- 2023-01-12📄accounts-with-accounts-type-fullaccounts · AA
- 2021-12-02📄accounts-with-accounts-type-smallaccounts · AA
- 2020-10-15📄accounts-with-accounts-type-smallaccounts · AA
- 2020-10-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-04-24➕PENMAN, Mark Anderson appointeddirector
- 2019-03-15➖PENMAN, Mark Anderson resigneddirector
- 2018-08-31🔒Charge registered #4Lender: Barclays Bank PLC
- 2018-08-30🔒Charge registered #3Lender: Barclays Bank PLC
- 2018-07-02➕ROTTACH, Alessandro Bernardo Agostino appointeddirector
- 2018-07-02➕ROTTACH, Alessandro Bernardo Agostino appointeddirector
- 2018-07-02➖ROTTACH, Alessandro Bernardo Agostino resigneddirector
- 2016-04-06➖CARVER, Keith resigneddirector
- 2016-01-08➖RODGER, Alan Mcintosh resigneddirector
- 2015-04-06➕CARVER, Keith appointeddirector
- 2014-09-30➖MCDOUGALL, Duncan Dargie resigneddirector
- 2014-09-29➖MACRAE, Colin resigneddirector
- 2013-08-15🔒Charge registered #2Lender: Barclays Bank PLC
- 2012-04-06➖ARBON, David resigneddirector
- 2012-03-01➕MACRAE, Colin appointeddirector
- 2011-08-11➕PENMAN, Mark Anderson appointeddirector
- 2011-04-01➕ARBON, David appointeddirector
- 2011-03-31➖GORDON, John Edward Douglas resigneddirector
- 2008-06-12➖GRAY, Tracey Louise resignedsecretary
- 2006-06-09➕GORDON, John Edward Douglas appointeddirector
- 2006-04-26➖DUHRE, Girdial Singh resigneddirector
- 2005-04-22➕DUHRE, Girdial Singh appointeddirector
Showing most recent 50 of 62 events
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 66 — succession pressure is live.
Succession & seller-readiness
80/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
- primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 22 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 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Scotar Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Scotar Group Limited
Corporate parent · holds 75-100% shares · board control
⬇
FTV PROCLAD (U.K.) LIMITED
This company · SC271316
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Scotar Group Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 13/01/2023 |
1 historic (ceased) PSC
- Proclad Groupceased 13/01/2023· 75-100% shares
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 →Similar companies
Active · Manufacturing · KY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CLEAR AUDIO SYSTEMS LTD→ SC144490 · est 1993 | — | — | £17.3k | — | 33y | 83 | 81y |
| FCE HYDRAULICS LTD→ SC191289 · est 1998 | — | — | £655.5k | — | 27y | 83 | 68y |
| PR2 ENGINEERING LIMITED→ SC278634 · est 2005 · no financials extracted | — | — | — | — | 21y | 83 | 60y |
| STONE MARINE SERVICES LIMITED→ SC202418 · est 1999 | — | — | £2.02M | — | 26y | 83 | 75y |
| TEN 47 LIMITED→ SC216186 · est 2001 | — | — | £4.37M | — | 25y | 83 | 61y |
| AXYZ ENGINEERING LIMITED→ SC222810 · est 2001 | — | — | — | 400 | 24y | 82 | 65y |
| BELLISTON QUARRY COMPANY LTD. (THE)→ SC022558 · est 1943 · no financials extracted | — | — | — | — | 82y | 82 | 94y |
| CONTRACT SOLUTIONS (SCOTLAND) LIMITED→ SC305000 · est 2006 · no financials extracted | — | — | — | — | 19y | 82 | 75y |
| COOLFORCE LIMITED→ SC204027 · est 2000 | — | — | — | 0 | 26y | 82 | 61y |
| DAVID L DOUGLAS LIMITED→ SC385357 · est 2010 | — | — | — | 1700 | 15y | 82 | 70y |
| EDEN ILLUMINATION LTD→ SC365181 · est 2009 | — | — | £38.6k | — | 16y | 82 | 69y |
| GEORGE COLLIAR LTD→ SC068901 · est 1979 | — | — | — | 31 | 46y | 82 | 62y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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.
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
Statusactive
Typeltd
Incorporated2004-07-29
Jurisdictionscotland
Primary SIC16240 — SIC 16240
Registered office
Viewfield Industrial Estate
Glenrothes
Fife
KY6 2RD
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-07-15
Last: 2025-07-01
Officers (3 active · 14 resigned)
MOHSEN, Yaseen Mohamed Jaafar Mohamed→
Activedirector · ~66y · appointed 2004-09-08
View their other companies + combined net worth →
PENMAN, Mark Anderson→
Activedirector · ~56y · appointed 2020-04-24
View their other companies + combined net worth →
ROTTACH, Alessandro Bernardo Agostino→
Activedirector · ~61y · appointed 2018-07-02
View their other companies + combined net worth →
GRAY, Tracey Louise→
Resignedsecretary · appointed 2005-02-01 · resigned 2008-06-12
ROBERTSON, Michael William→
Resignedsecretary · appointed 2004-08-24 · resigned 2005-02-01
PURPLE VENTURE SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2004-07-29 · resigned 2004-08-24
ARBON, David→
Resigneddirector · ~70y · appointed 2011-04-01 · resigned 2012-04-06
CARVER, Keith→
Resigneddirector · ~71y · appointed 2015-04-06 · resigned 2016-04-06
DUHRE, Girdial Singh→
Resigneddirector · ~68y · appointed 2005-04-22 · resigned 2006-04-26
GORDON, John Edward Douglas→
Resigneddirector · ~76y · appointed 2006-06-09 · resigned 2011-03-31
MACRAE, Colin→
Resigneddirector · ~74y · appointed 2012-03-01 · resigned 2014-09-29
MCDOUGALL, Duncan Dargie→
Resigneddirector · ~63y · appointed 2004-09-08 · resigned 2014-09-30
PENMAN, Mark Anderson→
Resigneddirector · ~56y · appointed 2011-08-11 · resigned 2019-03-15
RODGER, Alan Mcintosh→
Resigneddirector · ~69y · appointed 2004-08-24 · resigned 2016-01-08
ROTTACH, Alessandro Bernardo Agostino→
Resigneddirector · ~63y · appointed 2018-07-02 · resigned 2018-07-02
WILSON, James Donald Gilmour→
Resigneddirector · ~64y · appointed 2023-05-22 · resigned 2025-12-10
PURPLE VENTURE INCORPORATION LIMITED→
Resignedcorporate-nominee-director · appointed 2004-07-29 · resigned 2004-08-24
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
2
Outstanding
2
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Igf Business Credit Igf Business Credit Limited | A registered charge | — | 28/06/2023 | — | |
| outstanding | Barclays Barclays Bank PLC | A registered charge | — | 08/06/2023 | — | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | — | 31/08/2018 | 05/07/2023 | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | — | 30/08/2018 | 05/07/2023 | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | 1 property | 15/08/2013 | 05/07/2023 | |
| satisfied | Barclays Barclays Bank PLC | Floating charge | 1 property | 27/09/2004 | 05/07/2023 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (100 total)
change-person-director-company-with-change-date
officers · CH01
2026-04-01
accounts-with-accounts-type-small
accounts · AA
2025-12-10
termination-director-company-with-name-termination-date
officers · TM01
2025-12-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-12
accounts-with-accounts-type-full
accounts · AA
2024-05-30
accounts-with-accounts-type-full
accounts · AA
2023-08-31
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-14
mortgage-satisfy-charge-full
mortgage · MR04
2023-07-05
mortgage-satisfy-charge-full
mortgage · MR04
2023-07-05
mortgage-satisfy-charge-full
mortgage · MR04
2023-07-05
mortgage-satisfy-charge-full
mortgage · MR04
2023-07-05
memorandum-articles
incorporation · MA
2023-07-04
resolution
resolution · RESOLUTIONS
2023-07-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-06-29