Company Overview
Ftv Proclad (U.K.) Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 29 July 2004, so this is a well established company. Ftv Proclad (U.K.) Limited has been in business for 21 years and 8 months. The accounts status is full and the accounts are next due on Sunday 30 November 2025.
Registered Address

Viewfield Industrial Estate, Glenrothes, Fife, KY6 2RD
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Companies House Data
Company NameFTV PROCLAD (U.K.) LIMITED
Company NumberSC271316
Registered Office AddressViewfield Industrial Estate
 Glenrothes
 KY6 2RD
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date29/07/2004
Accounting Reference Date Day30
Accounting Reference Date Month11
Accounts Next Due Date31/08/2026
Accounts Last Made Up Date30/11/2024
Accounts Account CategoryFULL
Returns Next Due Date26/08/2016
Returns Last Made Up Date29/07/2015
Directors & Members
Show Resigned
Yaseen Mohsen - Director
(Bahraini, 66 years old, born December 1960)
Appointed 08 September 2004
 Active
Mark Penman - Director
(British, 56 years old, born September 1970)
Appointed 24 April 2020
 Active
Alessandro Rottach - Director
(Italian, 61 years old, born August 1965)
Appointed 02 July 2018
 Active
Secretaries
Show Resigned
Other Company Directorships
Yaseen Mohsen
ANGSTROM (FITTINGS) LIMITED
BI GROUP LIMITED
BI NOMINEES LIMITED
BI SECRETARIAT LIMITED
CAST CHESTERFIELD LIMITED
CAST HULL LIMITED
GUSTURN LIMITED
MELLOWVALE LIMITED
NIC HOLDINGS (UK) LIMITED
OCSAIF LIMITED
PROCLAD INTERNATIONAL FORGING LIMITED
PROCLAD INTERNATIONAL PIPELINES LIMITED
PROCLAD PIPE LIMITED
UNITED CAST BAR (UK) LIMITED
Mark Penman
BI COMPOSITES LIMITED
BI GROUP LIMITED
DAWSON & DOWNIE LIMITED
DDL TIMBER PACKAGING LIMITED
FORTH INDUSTRIES LIMITED
FTV PROCLAD INTERNATIONAL LIMITED
INTEGRAL PRESSURE CONNECTIONS LIMITED
INTERNATIONAL PIPING PRODUCTS (EUROPE) LIMITED
IODS PIPE CLAD LIMITED
IPP (CARBON & ALLOY) LIMITED
IPP (EUROPE) LIMITED
IPP ACCURA SUPPLY LIMITED
IPP FORGING LIMITED
IPP HOLDINGS (CYPRUS) LIMITED
IPP HOLDINGS (EUROPE) LIMITED
IPP LINVIC ENGINEERING LIMITED
IPP MARDALE LIMITED
IPP PROPERTY HOLDINGS LIMITED
IPP SCOMARK (EUROPE) LIMITED
IPP SCOMARK ENGINEERING LIMITED
IPP SPECIALISED MACHINE SERVICES LIMITED
IPP STAINLESS STEEL FASTENERS LIMITED
IPP STOCK HOLDINGS LIMITED
IPP VAN TRIEL LIMITED
MELLOWVALE LIMITED
PROCLAD ENERGY SERVICES LIMITED
PROCLAD EUROPE LIMITED
PROCLAD HEAT TREATMENT LIMITED
PROCLAD INDUCTION BENDING LIMITED
PROCLAD INTERNATIONAL FORGING LIMITED
PROCLAD INTERNATIONAL PIPELINES LIMITED
PROCLAD PIPE LIMITED
SCOTAR GROUP LIMITED
TUBO INTERNATIONAL LTD
Alessandro Rottach
FTV PROCLAD INTERNATIONAL LIMITED
PROCLAD HEAT TREATMENT LIMITED
UCB FERROCAST LIMITED
UCB STARKEY'S TECHNICAST LIMITED
UNITED CAST BAR (UK) LIMITED
Balance Sheet Unlock full report
Accounts Date 30-Nov-2024 30-Nov-2022 30-Nov-2021
Balance Sheet
Fixed Assets 1,619,014 1,619,014 1,736,309
Current Assets 4,369,187 4,369,187 3,627,797
Creditors Due Within One Year 1,645,981 1,645,981 1,343,965
Working Cap 2,723,206 2,723,206 2,283,832
Total Assets Less Current Liabilities 4,342,220 4,342,220 4,020,141
Long-term Liabilities 0 0 0
Net Assets 4,342,220 4,342,220 4,020,141
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 4,342,220 4,342,220 4,020,141
Common Size Financial Analysis Unlock full report
Accounts Date 30-Nov-2024 30-Nov-2022 30-Nov-2021
Tangible Fixed Assets - - -
Fixed Assets 27.0% 27.0% 32.4%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 73.0% 73.0% 67.6%
Creditors Due Within One Year 27.5% 27.5% 25.1%
Net Current Assets Liabilities 45.5% 45.5% 42.6%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 72.5% 72.5% 74.9%
Capital Employed - - -
Total Assets Less Current Liabilities 72.5% 72.5% 74.9%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Nov-2024 30-Nov-2022 30-Nov-2021
Liquidity Ratio 2.7 2.7 2.7
Solvency Ratio 3.6 3.6 4.0
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 6
Mortgages Outstanding 2
Mortgages Part Satisfied 0
Mortgages Satisfied 4
Assets and Debt Analysis Unlock full report
Accounts Date 30-Nov-2024 30-Nov-2022 30-Nov-2021
Assets 5,988,201 5,988,201 5,364,106
Debt 1,645,981 1,645,981 1,343,965
Net Assets/Debt 4,342,220 4,342,220 4,020,141

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around KY6 2RD
BALSILLIE FARM LIMITED
HILLHOUSE QUARRY, TROON, AYRSHIRE, KY6 2RD
PROCLAD INTERNATIONAL FORGING LIMITED
FTV PROCLAD INTERNATIONAL, VIEWFIELD, GLENROTHES, KY6 2RD
INNOVATIVE TOOLING SOLUTIONS (I.T.S.) LIMITED
FTV PROCLAD (UK) LIMITED, VIEWFIELD ROAD, GLENROTHES, FIFE, KY6 2RD
PROCLAD FORGED MATERIALS LIMITED
FTV PROCLAD INTERNATIONAL LIMITED VIEWFIELD INDUSTRIAL ESTATE, VIEWFIELD ROAD, GLENROTHES, FIFE, KY6 2RD
DAWSON DOWNIE LAMONT LIMITED
FTV PROCLAD INTERNATIONAL LIMITED VIEWFIELD INDUSTRIAL ESTATE, VIEWFIELD ROAD, GLENROTHES, FIFE, KY6 2RD
VENTURE OILFIELD SERVICES LIMITED
Viewfield Road, Viewfield Industrial Estate, Glenrothes, Fife, KY6 2RD
PROCLAD HEAT TREATMENT LIMITED
C/O FTV PROCLAD (UK) LIMITED, VIEWFIELD ROAD, GLENROTHES, FIFE, KY6 2RD
SHEAVES EUROPE LIMITED
C/O Venture Oilfield Services Limited Viewfield Road, Viewfield Industrial Estate, Glenrothes, Fife, KY6 2RD
SKENE GROUP CONSTRUCTION SERVICES LIMITED
HILLHOUSE QUARRY, TROON, AYRSHIRE, KY6 2RD
SKENE GROUP QUARRIES LIMITED
HILLHOUSE QUARRY, TROON, AYRSHIRE, KY6 2RD
Document Filings
Termination of appointment of James Donald Gilmour Wilson as a director on 10 December 2025
Confirmation statement made on 1 July 2025 with no updates
Confirmation statement made on 1 July 2024 with no updates
Confirmation statement made on 1 July 2023 with updates
Satisfaction of charge 1 in full
Satisfaction of charge SC2713160002 in full
Satisfaction of charge SC2713160003 in full
Satisfaction of charge SC2713160004 in full
Memorandum and Articles of Association
Resolutions
Registration of charge SC2713160006, created on 28 June 2023
Notification of Scotar Group Limited as a person with significant control on 13 January 2023
Cessation of Proclad Group as a person with significant control on 13 January 2023
Registration of charge SC2713160005, created on 8 June 2023
Appointment of Mr James Donald Gilmour Wilson as a director on 22 May 2023
Confirmation statement made on 1 July 2022 with no updates
Confirmation statement made on 1 July 2021 with no updates
Appointment of Mr Alessandro Bernardo Agostino Rottach as a director on 2 July 2018
Termination of appointment of Alessandro Bernardo Agostino Rottach as a director on 2 July 2018
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