Proclad Induction Bending Limited
01949932
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
30/11/2024
small
Next accounts due
31/08/2026
Confirmation statement
Last: 23/01/2026
Due 06/02/2027
Industry
Officers
director · Since 24/04/2020
DIRECTOR
BRITISH · SCOTLAND · Age 55
Also on 16 other boards
Persons with Significant Control
Scotar Group Limited
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
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CompanyRankvs 3210+ SIC 25110 peers12
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
People Costs(2023)
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | — | -£2.5M |
| 2023 | 0.28 | +£0 |
| 2022 | 0.30 | +£0 |
| 2021 | 0.37 | — |
Derived from filed accounts. Not audited figures.