PROCLAD INTERNATIONAL FORGING LIMITED

🌳Matureactive
SC085645 · ltd · incorporated 1983-11-24
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2024
Net worth
—
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: SIC 25500
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 77/100. Strong seller-intent signal (93/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

10 live charges · 5 lenders · oldest 41.4y

25/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 41.4 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Legal-friction score 45/100 (high).

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
35 officers (2 active, 35 linked, 32 with DOB)
88
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
294 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
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 101
Loss-making
Loss before tax £86,791

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Nov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 101
Metric2024-11-302023-11-30
Profit before tax£-86.8k£-17.5k
Average employees0100

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 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
1
filing
  • • 1 confirmation-statement
Last 90 days
2
filings
  • • 1 confirmation-statement
  • • 1 officers
Last 180 days
4
filings
  • • 2 officers
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (102 events)Click to expand
  1. 2026-04-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-12-10
    ➖
    WILSON, James Donald Gilmour resigned
    director
  3. 2025-12-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-11-28
    📄
    accounts-with-accounts-type-full
    accounts · AA
  5. 2024-05-30
    📄
    accounts-with-accounts-type-full
    accounts · AA
  6. 2023-11-30
    📄
    accounts-with-accounts-type-full
    accounts · AA
  7. 2023-02-23
    📄
    accounts-with-accounts-type-full
    accounts · AA
  8. 2023-01-23
    ➖
    AYRES, Jared resigned
    director
  9. 2023-01-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2021-12-16
    📄
    accounts-with-accounts-type-full
    accounts · AA
  11. 2021-01-26
    ➖
    ROTTACH, Alessandro Bernardo Agostino resigned
    director
  12. 2021-01-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2020-10-15
    📄
    accounts-with-accounts-type-full
    accounts · AA
  14. 2020-10-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2020-10-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2020-04-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2020-04-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2020-04-24
    ➕
    PENMAN, Mark Anderson appointed
    director
  19. 2020-04-24
    ➕
    AYRES, Jared appointed
    director
  20. 2019-07-17
    📄
    accounts-with-accounts-type-full
    accounts · AA
  21. 2019-06-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  22. 2019-05-31
    ➖
    SHEPHERD, Derek resigned
    director
  23. 2018-12-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  24. 2018-12-03
    ➖
    PENMAN, Mark Anderson resigned
    director
  25. 2018-12-03
    ➕
    WILSON, James Donald Gilmour appointed
    director
  26. 2018-12-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  27. 2018-11-30
    ➖
    BIRNIE, James Reid resigned
    director
  28. 2018-07-02
    ➕
    ROTTACH, Alessandro Bernardo Agostino appointed
    director
  29. 2018-07-02
    ➖
    ROTTACH, Alessandro Bernardo Agostino resigned
    director
  30. 2018-07-02
    ➕
    ROTTACH, Alessandro Bernardo Agostino appointed
    director
  31. 2018-07-02
    ➕
    SHEPHERD, Derek appointed
    director
  32. 2017-11-27
    ➕
    BIRNIE, James Reid appointed
    director
  33. 2017-04-28
    ➖
    CARDNO, John Stephen resigned
    director
  34. 2016-06-01
    ➕
    CARDNO, John Stephen appointed
    director
  35. 2016-04-06
    ➖
    CARVER, Keith resigned
    director
  36. 2016-01-08
    ➖
    RODGER, Alan Mcintosh resigned
    director
  37. 2015-04-06
    ➕
    CARVER, Keith appointed
    director
  38. 2014-09-30
    ➖
    MCDOUGALL, Duncan Dargie resigned
    director
  39. 2014-09-29
    ➖
    MACRAE, Colin resigned
    director
  40. 2012-04-06
    ➖
    ARBON, David resigned
    director
  41. 2012-03-01
    ➕
    MACRAE, Colin appointed
    director
  42. 2011-08-11
    ➕
    PENMAN, Mark Anderson appointed
    director
  43. 2011-04-01
    ➕
    ARBON, David appointed
    director
  44. 2011-03-31
    ➖
    GORDON, John Edward Douglas resigned
    director
  45. 2008-06-12
    ➖
    GRAY, Tracey Louise resigned
    secretary
  46. 2007-12-28
    🔓
    Charge satisfied #18
  47. 2007-12-28
    🔓
    Charge satisfied #17
  48. 2006-03-10
    ➖
    JACKSON, Hugh Galloway resigned
    director
  49. 2006-02-24
    ➕
    MCDOUGALL, Duncan Dargie appointed
    director
  50. 2005-06-01
    ➕
    JACKSON, Hugh Galloway appointed
    director
Showing most recent 50 of 102 events

Owner dependency

83/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

86/100
Likely off-market candidate

Strong 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.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 42 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
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Proclad Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Proclad Group Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
PROCLAD INTERNATIONAL FORGING LIMITED
This company · SC085645

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%
NameSharesVoting rightsNature of controlNotified
Proclad Group Limited
Corporate entity
75–100%
—75-100% shares22/12/2016

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 →

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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
Incorporated1983-11-24
Jurisdictionscotland
Primary SIC25500 — SIC 25500

Registered office

Ftv Proclad International
Viewfield
Glenrothes
KY6 2RD
Scotland

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-12-17
Last: 2025-12-03

Officers (2 active · 33 resigned)

MOHSEN, Yaseen Mohamed Jaafar Mohamed→
director · ~66y · appointed 2005-04-01
View their other companies + combined net worth →
Active
PENMAN, Mark Anderson→
director · ~56y · appointed 2020-04-24
View their other companies + combined net worth →
Active
GRAY, Tracey Louise→
secretary · appointed 2003-05-01 · resigned 2008-06-12
Resigned
MILES, Tracy→
secretary · appointed 2001-12-18 · resigned 2003-05-01
Resigned
RAMSAY, Martin William→
secretary · resigned 2001-12-18
Resigned
ARBON, David→
director · ~70y · appointed 2011-04-01 · resigned 2012-04-06
Resigned
AYRES, Jared→
director · ~59y · appointed 2020-04-24 · resigned 2023-01-23
Resigned
AYRES, Jared→
director · ~59y · appointed 2002-11-15 · resigned 2004-05-04
Resigned
BAILEY, Richard Malcolm→
director · ~80y · appointed 1995-10-19 · resigned 1999-04-01
Resigned
BELL, Duncan Anderson→
director · ~85y · resigned 1999-03-01
Resigned
BIRNIE, James Reid→
director · ~67y · appointed 2017-11-27 · resigned 2018-11-30
Resigned
BOSLEM, William Barton→
director · ~65y · appointed 1998-02-01 · resigned 2002-11-15
Resigned
CARDNO, John Stephen→
director · ~70y · appointed 2016-06-01 · resigned 2017-04-28
Resigned
CARVER, Keith→
director · ~71y · appointed 2015-04-06 · resigned 2016-04-06
Resigned
GORDON, John Edward Douglas→
director · ~76y · appointed 2005-04-22 · resigned 2011-03-31
Resigned
HAYES, Stephen Hedley→
director · ~71y · appointed 2001-11-14 · resigned 2003-05-01
Resigned
JACKSON, Hugh Galloway→
director · ~76y · appointed 2005-06-01 · resigned 2006-03-10
Resigned
LYCKE, Jan Rolf→
director · ~70y · appointed 2000-10-31 · resigned 2004-06-23
Resigned
MACPHERSON, Duncan Campbell Neil→
director · ~89y · appointed 2001-11-14 · resigned 2004-05-04
Resigned
MACRAE, Colin→
director · ~74y · appointed 2012-03-01 · resigned 2014-09-29
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

10
Total charges
0
Outstanding
0
Active lenders
Status:Lender:10 of 10 shown
TypeProperties
satisfied
Bi Group
Bi Group PLC
Floating charge1 property14/11/200128/12/2007
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Floating charge1 property23/09/199928/12/2007
satisfied
Confidential Invoice Discounting
Confidential Invoice Discounting Limited
Floating charge1 property15/08/199613/10/1999
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property30/11/199230/09/1999
satisfied
National Westminster Bank
National Westminster Bank PLC
Standard security1 property30/11/199220/01/1997
satisfied
National Westminster Bank
National Westminster Bank PLC
Standard security2 properties21/08/198920/01/1997
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security2 properties21/08/198930/09/1999
satisfied
3I
3I PLC
Bond & floating charge1 property22/07/198805/07/1995
satisfied
National Westminster Bank
National Westminster Bank PLC
Floating charge1 property03/09/198611/10/1999
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property17/12/198422/07/1986

Recent filings (294 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-02
change-person-director-company-with-change-date
officers · CH01
2026-04-01
termination-director-company-with-name-termination-date
officers · TM01
2025-12-10
accounts-with-accounts-type-full
accounts · AA
2025-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-10
accounts-with-accounts-type-full
accounts · AA
2024-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-05
accounts-with-accounts-type-full
accounts · AA
2023-11-30
accounts-with-accounts-type-full
accounts · AA
2023-02-23
termination-director-company-with-name-termination-date
officers · TM01
2023-01-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-14
accounts-with-accounts-type-full
accounts · AA
2021-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-15
termination-director-company-with-name-termination-date
officers · TM01
2021-01-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-04