I was at FTC last August, only doing a PPL though, but it was however a JAR PPL, and they were also running JAR CPL courses. I believe they used to operate under Atlantic's licence for CPL, but now have their own approval, with Vicki Buxton as the chief flying instructor.
In terms of the aircraft and instruction, the aircraft were of a high standard (4 new Warriors), and the instructors also taught to a high standard, although many of the instructors were quite young.
The only criticism I had when I was there was that of the apparent disorganisation of the company, as there seemed to be a lot of people who did not know what they were doing. I was there for nearly a month before they found the deposit i has paid them prior to joining.
The standard of accomodation was sub-standard when I was there, however this may have improved since.
As with any organisation, always exercise caution when parting with large sums of money in advance, and pay with credit cards where possible.