FTV PROCLAD (U.K.) LIMITED
Company number SC271316 · Monitor this company
Executive summary
FTV Proclad (U.K.) Limited is a profitable but operationally dependent entity within the Proclad Group ecosystem, leveraging specialist manufacturing capabilities and international group connections to serve the energy sector. While its £4.9M net asset position and consistent profitability demonstrate underlying business viability, the 41% profit decline, deteriorating cash position, and heavy reliance on group financing facilities present strategic vulnerabilities that require proactive management. The company's growth trajectory hinges on successfully renewing its invoice discounting facility in 2026, optimising working capital independence, and capitalising on the group's Middle Eastern network to expand into higher-growth energy transition markets.
Shareholders' funds
£4,704,702
Balance sheet as at 2023-11-30
Overview
- Company type
- Private Limited Company
- Incorporated
- 2004-07-29
- Employees
- 42 (2023 accounts)
- Registered office
- Viewfield Industrial Estate, Glenrothes, Fife, KY6 2RD
- Postcode
- KY6 2RD
- Capital
- 2 GBP
- Accounts category
- Small
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2024-11-30
- Next due by
- 2026-08-31
- Financial year end
- 30 November
Confirmation statement
- Last statement dated
- 2026-07-01
- Next due by
- 2027-07-15
Nature of business (SIC)
- 16240 Manufacture of wooden containers
- 28131 Manufacture of pumps
- 28490 Manufacture of other machine tools
Officers 3 current · 14 resigned
Group structure
Controlled by SCOTAR GROUP LIMITED — since 2023-01-13
From persons-with-significant-control filings on the public register.
Contact details
- Website
- ftvproclad.co.uk
Previous company names
| Name | Date changed |
|---|---|
| PURPLE VENTURE 214 LIMITED | 2004-08-25 |
Previous registered addresses 2
| Address | Changed on |
|---|---|
| 13 FARADAY ROAD, SOUTHFIELD INDUSTRIAL ESTATE, GLENROTHES, FIFE KY6 2RU | 2005-05-04 |
| NEW LAW HOUSE, SALTIRE CENTRE, GLENROTHES, FIFE KY6 2DA | 2004-08-27 |
Among its peers
Top 5%
by shareholders' funds, of 40 similar companies in KY — measured against the wider sector
Among the biggest employers among its local peers (42 staff).
Trading since 2004.
The class of 2004
37%
of the 135,816 companies incorporated in 2004 are still active today; 60% have since been dissolved.
A fact about the year, not a forecast for this company.