{"name":"IODS PIPE CLAD LIMITED","company_number":"SC071447","status":"Active","type":"Private Limited Company","incorporated":"1980-05-14","dissolved":null,"registered_office":"2 Kelvin Park South, East Kilbride, Glasgow, G75 0RH","postcode":"G75 0RH","sic_codes":[{"code":32990,"description":"Other manufacturing not elsewhere classified"}],"principal_activity":null,"previous_names":[{"name":"INTERNATIONAL OIL FIELD DRILLING SUPPLIES LIMITED","changed_on":"2007-12-12"}],"warnings":[],"accounts":{"category":"Small","year_end":"30 November","last_made_up_to":"2025-11-30","next_due":"2027-08-31"},"employees":{"count":47,"accounts_date":"2025-11-30"},"financials":[{"financial_date":"2025-11-30","profit_loss":-677,"net_assets":-2477,"average_employees":47},{"financial_date":"2024-11-30","profit_loss":525,"net_assets":-1800,"average_employees":47},{"financial_date":"2024-03-31","profit_loss":1372,"net_assets":-2325,"average_employees":49},{"financial_date":"2023-03-31","net_assets":-3697,"cash":423},{"financial_date":"2022-03-31","net_assets":-3143,"cash":68}],"officers":{"current":4,"resigned":13,"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":5,"outstanding":4},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"IODS Pipe Clad Limited operates as a niche specialist within the UK oilfield services sector, providing pipe cladding and coating capabilities from its East Kilbride manufacturing base. While the company has achieved a meaningful profitability recovery (£1.9m annualised profit) and significantly improved its cash position, it remains balance-sheet insolvent with negative net assets of £(1.8m) and is entirely dependent on group support and a single major frame agreement for its going concern viability. The company's competitive positioning is defined less by its standalone financial strength and more by its integration within the Glenalmond/National Industries Group structure, which provides both order flow and financial resilience—but also creates significant concentration and dependency risks that would be existential if group support were withdrawn.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/iods-pipe-clad","people":"https://www.companiesintheuk.co.uk/company/iods-pipe-clad/people","filing_history":"https://www.companiesintheuk.co.uk/company/iods-pipe-clad/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/SC071447","financials":"https://www.companiesintheuk.co.uk/company/iods-pipe-clad/financial","control":"https://www.companiesintheuk.co.uk/company/iods-pipe-clad/control","charges":"https://www.companiesintheuk.co.uk/company/iods-pipe-clad/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/iods-pipe-clad/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/iods-pipe-clad"}