{"name":"FTV PROCLAD INTERNATIONAL LIMITED","company_number":"01213179","status":"Active","type":"Private Limited Company","incorporated":"1975-05-20","dissolved":null,"registered_office":"UNITED CAST BAR (UK) LIMITED, Ftv Proclad International Limited, Spital Lane, Chesterfield, Derbyshire, S41 0EX","postcode":"S41 0EX","sic_codes":[{"code":25610,"description":"Treatment and coating of metals"}],"principal_activity":"The principal activity of the company continued to be the provision of specialist engineering services to the marine and offshore sector, along with the provision of related goods.","previous_names":[{"name":"PROCLAD INTERNATIONAL LIMITED","changed_on":"2008-01-10"},{"name":"BI MARINE & OFFSHORE LIMITED","changed_on":"2002-01-03"},{"name":"BROMSGROVE MARINE & OFFSHORE LIMITED","changed_on":"1995-07-18"},{"name":"JAMES NAYLOR (NUMBER TWO) LIMITED","changed_on":"1992-03-25"},{"name":"JAMES NAYLOR LIMITED","changed_on":"1985-07-05"}],"warnings":[],"accounts":{"category":"Full","year_end":"30 November","last_made_up_to":"2025-11-30","next_due":"2027-08-31"},"employees":{"count":109,"accounts_date":"2025-11-30"},"financials":[{"financial_date":"2025-11-30","profit_loss":-1251816,"net_assets":5583890,"average_employees":109},{"financial_date":"2024-11-30","profit_loss":488875,"net_assets":6835706,"average_employees":115},{"financial_date":"2023-11-30","profit_loss":296470,"net_assets":6381005,"average_employees":104},{"financial_date":"2022-11-30"},{"financial_date":"2021-11-30","turnover":9465702}],"officers":{"current":2,"resigned":35,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":3,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"FTV Proclad International is a niche specialist demonstrating encouraging operational recovery—revenue up 12%, gross margins expanding nearly 5 percentage points, and a growing order book driving capacity investment. The strategic opportunity to diversify into nuclear and renewables could transform the company's risk profile and earnings quality, but this pivot requires execution before the current oil and gas cycle peaks. The critical constraint remains financial: working capital dependence on group support and a 2026 refinancing event create a narrow window in which management must either demonstrate standalone viability or secure continued parental backing on favourable terms.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/ftv-proclad-international","people":"https://www.companiesintheuk.co.uk/company/ftv-proclad-international/people","filing_history":"https://www.companiesintheuk.co.uk/company/ftv-proclad-international/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/01213179","financials":"https://www.companiesintheuk.co.uk/company/ftv-proclad-international/financial","control":"https://www.companiesintheuk.co.uk/company/ftv-proclad-international/control","charges":"https://www.companiesintheuk.co.uk/company/ftv-proclad-international/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/ftv-proclad-international/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/ftv-proclad-international"}