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Proclad Induction Bending Limited

01949932

active
Private Limited Company
england wales
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

PROCLAD INDUCTION BENDING LIMITED, CHESTERFIELD, S41 0EX
Incorporated 25/09/1985

Compliance

Last accounts

30/11/2024

small

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 23/01/2026

Due 06/02/2027

On track

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Yaseen Mohammed Jaafar Mohammed Moshen

director · Since 20/12/2004

DIRECTOR

BAHRAINI · DUBAI · Age 66

Mr Mark Anderson Penman

director · Since 24/04/2020

DIRECTOR

BRITISH · SCOTLAND · Age 55

Also on 16 other boards

Persons with Significant Control

Scotar Group Limited

75–100% shares
75–100% votes
Appoint directors

Ftv Proclad, Viewfield Road, Glenrothes, KY6 2RD

Reg: Sc693782 · Companies House · Private Limited Company

Notified 13/01/2023

Former PSCs

Proclad Group Limited

Ceased 13/01/2023

Charges2 outstanding

Charge
outstanding

IGF BUSINESS CREDIT LIMITED

Created 28/06/2023Registered 29/06/2023
Charge
outstanding

BARCLAYS BANK PLC

Created 24/05/2023Registered 30/05/2023
charge
satisfied

YORKSHIRE BANK PLC

Created 21/06/1995Registered 30/06/1995Satisfied 30/11/2017
charge
satisfied

BRITISH COAL ENTERPRISE LIMITED

Created 18/03/1991Registered 26/03/1991Satisfied 03/09/1993
charge
satisfied

YORKSHIRE BANK PLC

Created 14/05/1987Registered 19/05/1987Satisfied 31/10/2017
charge
satisfied

NCB ENTERPRISE LIMITED

Created 30/07/1986Registered 11/08/1986Satisfied 29/08/2017

CompanyRankvs 3210+ SIC 25110 peers
12

Financial strength0th percentile among SIC peers · 0/25
Employees10th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

that they will waive their contractual right to recall the balances for a period of 12 months from date of approval of these financial statements to support the Company’s ability to continue as a going concern. As there are no other balances due in the going concern period, the directors consider it appropriate to prepare the financial statements on a going concern basis. On this basis, the di

Key FinancialsYear ending 30/11/2024

Net Worth

-£2.5M

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

£41k

Bottom line earnings

Net Current Assets

Working capital

Current Assets

Current Liabilities

Profit After Tax

-£269k

0avg. employees-18

People Costs(2023)

Wages & salaries£752k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
2024-£2.5M
20230.28+£0
20220.30+£0
20210.37

Derived from filed accounts. Not audited figures.