INNOVATIVE TOOLING SOLUTIONS (I.T.S.) LIMITED

💤Zombieactive
SC294848 · ltd · incorporated 2005-12-23
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: SIC 28490
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (59/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (1 active, 5 linked, 4 with DOB)
86
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
52 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-06-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-09-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2023-08-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2023-01-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2022-11-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2021-09-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2020-07-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2019-03-18
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2019-03-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2019-03-15
    ➕
    CARDOZO, Eloy Johnson appointed
    director
  11. 2019-03-15
    ➖
    PENMAN, Mark Anderson resigned
    director
  12. 2019-02-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2018-05-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2017-03-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2016-02-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2016-01-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2016-01-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2016-01-08
    ➖
    RODGER, Alan Mcintosh resigned
    director
  19. 2014-09-30
    ➖
    MCDOUGALL, Duncan Dargie resigned
    director
  20. 2012-04-25
    ➕
    PENMAN, Mark Anderson appointed
    director
  21. 2008-06-12
    ➖
    GRAY, Tracey Louise resigned
    secretary
  22. 2005-12-23
    🏢
    Company incorporated
    As INNOVATIVE TOOLING SOLUTIONS (I.T.S.) LIMITED
  23. 2005-12-23
    ➕
    GRAY, Tracey Louise appointed
    secretary
  24. 2005-12-23
    ➕
    MCDOUGALL, Duncan Dargie appointed
    director
  25. 2005-12-23
    ➕
    RODGER, Alan Mcintosh appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 20 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

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
⬇
INNOVATIVE TOOLING SOLUTIONS (I.T.S.) LIMITED
This company · SC294848

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

7 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
Incorporated2005-12-23
Jurisdictionscotland
Primary SIC28490 — SIC 28490

Registered office

Ftv Proclad (Uk) Limited
Viewfield Road
Glenrothes
Fife
KY6 2RD

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 (1 active · 4 resigned)

CARDOZO, Eloy Johnson→
director · ~53y · appointed 2019-03-15
View their other companies + combined net worth →
Active
GRAY, Tracey Louise→
secretary · appointed 2005-12-23 · resigned 2008-06-12
Resigned
MCDOUGALL, Duncan Dargie→
director · ~63y · appointed 2005-12-23 · resigned 2014-09-30
Resigned
PENMAN, Mark Anderson→
director · ~56y · appointed 2012-04-25 · resigned 2019-03-15
Resigned
RODGER, Alan Mcintosh→
director · ~69y · appointed 2005-12-23 · resigned 2016-01-08
Resigned

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

Recent filings (52 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-06
accounts-with-accounts-type-dormant
accounts · AA
2025-06-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-10
accounts-with-accounts-type-dormant
accounts · AA
2024-09-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-05
accounts-with-accounts-type-dormant
accounts · AA
2023-08-31
change-person-director-company-with-change-date
officers · CH01
2023-01-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-14
accounts-with-accounts-type-dormant
accounts · AA
2022-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-06
accounts-with-accounts-type-dormant
accounts · AA
2021-09-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-04
accounts-with-accounts-type-dormant
accounts · AA
2020-07-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-03
appoint-person-director-company-with-name-date
officers · AP01
2019-03-18