HOLMEN IGGESUND PAPERBOARD LIMITED

IGGESUND PAPERBOARD, SIDDICK, WORKINGTON, CUMBRIA, CA14 1JX

Previous name: IGGESUND PAPERBOARD (WORKINGTON) LIMITED (changed on 30-Nov-2021)

Company Number: 00075035
Incorporation date: 04-Oct-1902
Status: Active
Entity type: Private Limited Company

SIC codes:
17120 Manufacture of paper and paperboard





SUMMARY

This company is 121.6 years old and is currently active. It is controlled by Holmen Uk Ltd. The latest reported revenue figure is GBP 233.6 million which is up 10% on previous year's figure of GBP 218.1 million. The company has 6 active officers (directors or partners) who are or were officers of 10 other companies, 4 (40.0%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Sep-2024
Accounts Filed: FULL (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Jul-2020 GBP 233,633,000 8,437,000 89,000 836,000 -1,719,000
31-Dec-2018 GBP 218,116,000 14,751,000 73,000 636,000 -3,464,000
31-Dec-2017 GBP 199,024,000 24,494,000 9,000 1,034,000 -4,796,000
31-Dec-2016 GBP 174,066,000 10,420,000 47,000 985,000 2,012,000 9,425,000
31-Dec-2015 GBP 177,237,000 20,314,000 35,000 807,000 1,987,000 18,785,000
31-Dec-2014 GBP 186,311,000 24,154,000 59,000 859,000 4,904,000 23,500,000
31-Dec-2013 GBP 170,420,000 14,262,000 53,000 692,000 2,417,000 13,184,000
31-Dec-2012 GBP 162,316,000 17,546,000 43,000 4,140,000 16,598,000
31-Dec-2011 GBP 179,290,000 20,361,000 345,000 19,000 5,541,000 20,315,000
31-Dec-2010 GBP 143,831,000 10,333,000 240,000 13,000 3,016,000 9,221,000
31-Dec-2009 GBP 159,673,000 8,436,000 593,000 16,000 1,924,000 7,190,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Jul-2020 GBP 4,000 106,495,000 67,160,000 249,000
31-Dec-2018 GBP 1,924,000 110,545,000 42,513,000 36,000,000 22,204,000 43,796,000 84,263,000 150,263,000
31-Dec-2017 GBP 1,745,000 108,227,000 45,783,000 36,047,000 22,204,000 43,796,000 5,000 151,209,000
31-Dec-2016 GBP 1,048,000 92,858,000 36,617,000 46,095,000 22,204,000 43,796,000 66,300,000 132,300,000
31-Dec-2015 GBP 1,399,000 110,760,000 34,695,000 46,138,000 22,204,000 43,796,000 80,605,000 146,605,000
31-Dec-2014 GBP 1,939,000 113,260,000 32,936,000 46,923,000 22,204,000 43,796,000 77,681,000 143,681,000
31-Dec-2013 GBP 2,060,000 103,780,000 33,690,000 46,237,000 22,204,000 43,796,000 90,922,000 156,922,000
31-Dec-2012 GBP 1,837,000 80,152,000 45,273,000 514,000 22,204,000 43,796,000 76,773,000 142,773,000
31-Dec-2011 GBP 14,000 125,435,000 17,000 18,000 18,000 19,000
31-Dec-2010 GBP 863,000 125,288,000 26,172,000 532,000 22,204,000 43,796,000 -47,288,000 138,912,000
31-Dec-2009 GBP 1,357,000 125,558,000 29,594,000 569,000 22,204,000 43,796,000 -58,802,000 127,398,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Jul-2020 GBP inf% -66,000,000 66,000,000 0 50,160,500
31-Dec-2012 GBP 99.92% 65,965,000 50,543 66,015,543 32,364,543
31-Dec-2011 GBP -130,511.76% -65,965,000 66,015,543 50,543 32,860,543
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active Ulf Lennart LOFGREN 01 Oct 2006 28 Mar 2024 Finance Director Swedish 4 - 9
Resigned Roland CARLSSON 01 Jun 2002 01 Oct 2006 0 - 6
Resigned Stewart JERMIN 17 Jun 1993 31 May 2002 Manager British 0 - 15
Resigned Stewart JERMIN 31 May 2002 0 - 15

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Jenny Christine BERGSTROM DE SOUZA 17 Apr 2020 Mill Director Swedish 2 - 20 (0.0%)
Active Karl Johan Lennart NELLBECK 30 Aug 2019 Senior Vice President Swedish 1 - 00 (0.0%)
Active Karl Henrik ANDERSSON 30 Aug 2019 Svp Legal Affairs Swedish 2 - 00 (0.0%)
Resigned Lars Urban Helmer LUNDIN 01 Dec 2018 25 Feb 2021 Senior Vice President Paper Swedish 2 - 20 (0.0%)
Resigned Anders OLSSON 14 Sep 2017 15 May 2020 Finance Director Swedish 0 - 20 (0.0%)
Resigned Daniel PELTONEN 14 Sep 2017 30 Aug 2019 Head Of Business Area Finnish 0 - 10 (0.0%)
Resigned Tobias Ulf BAEAERNMAN 13 Apr 2016 19 Jun 2017 Finance Director Swedish 0 - 20 (0.0%)
Resigned Nils RINGBORG 18 Mar 2015 01 Dec 2018 Ceo And President Swedish 0 - 20 (0.0%)
Resigned Annica Evangelia BRESKY 18 Dec 2013 31 Oct 2016 Director Swedish 0 - 10 (0.0%)
Resigned Marja Hannele ARVONEN 01 Sep 2011 25 Nov 2013 Finance Director Finish 0 - 20 (0.0%)
Active Ian BLACK 31 May 2011 Head Of Customer Service Development Centre British 1 - 00 (0.0%)
Resigned Robert Henk GIEZEN 28 Feb 2011 03 Apr 2012 Business Manager Dutch 0 - 20 (0.0%)
Resigned Henrik SJOLUND 28 Feb 2011 18 Mar 2015 Sales Director Swedish 0 - 10 (0.0%)
Resigned Torsten STJERNSCHANTZ 28 Feb 2011 16 Jan 2019 Business Manager Finnish 0 - 20 (0.0%)
Active Anders JERNHALL 01 Apr 2010 Cfo - Holmen Paper Swedish 3 - 00 (0.0%)
Resigned Mats ERKEN 01 Apr 2010 31 Aug 2011 Finance Director Swedish 0 - 20 (0.0%)
Resigned Anders Olov ALMGREN 26 Mar 2009 31 Mar 2010 Company Director Swedish 0 - 10 (0.0%)
Resigned Juhani KLEMOLA 26 Mar 2009 31 Mar 2010 Finance Director Swedish 0 - 20 (0.0%)
Resigned Lars Gunnar ERICSON 26 Mar 2009 30 Aug 2019 Company Director Swedish 0 - 10 (0.0%)
Resigned John Damian MCSWEENEY 28 Mar 2008 28 Feb 2010 Engineering Manager / Deputy Md British 0 - 42 (50.0%)
Active Ulf Lennart LOFGREN 01 Oct 2006 Finance Director Swedish 4 - 11 (20.0%)
Active Ulf Lennart LOFGREN 01 Oct 2006 Finance Director Swedish 4 - 97 (53.8%)
Resigned Roland CARLSSON 01 Jun 2002 01 Oct 2006 Financial Director British 0 - 61 (16.7%)
Resigned Karl Ola Billy SCHULTZ EKLUND 13 Aug 2001 25 Nov 2013 Managing Director Swedish 0 - 10 (0.0%)
Resigned Bjorn KVICK 01 Jul 2001 25 Nov 2013 President & Ceo Swedish 0 - 10 (0.0%)
Resigned Per Eric Hans ERICSON 18 Aug 2000 01 Jul 2001 Managing Director Swedish 0 - 20 (0.0%)
Resigned Oystein AKSNES 13 Oct 1997 13 Aug 2001 Managing Dir Norwegian 0 - 10 (0.0%)
Resigned Robert WATSON 27 Mar 1995 30 Sep 1997 Managing Director British 0 - 2611 (42.3%)
Resigned Anders LUNDMARK 01 Mar 1994 12 Feb 1999 Manager Swedish 0 - 129 (75.0%)
Resigned Stewart JERMIN 17 Jun 1993 31 May 2002 Manager British 0 - 156 (40.0%)
Resigned Gunnar Leif SKONDAHL 01 May 1993 30 Apr 2001 Manager Swedish 0 - 20 (0.0%)
Resigned Erik SJOLUND 18 Aug 2000 Manager Swedish 0 - 21 (50.0%)
Resigned Peter Thomas HOLDEN 30 Sep 1994 Manager British 0 - 163 (18.8%)
Resigned Hakan Avid LUND 01 Mar 1993 Manager Swedish 0 - 21 (50.0%)
Resigned Stewart JERMIN 31 May 2002 Manager British 0 - 156 (40.0%)
Resigned Bo Walter WIDMARK 01 Mar 1994 Manager Swedish 0 - 53 (60.0%)
Resigned Gerard James WOODCOCK 31 Dec 2007 Manager British 0 - 82 (25.0%)
Number of active directors: 7
Average tenure of active directors: 10.7 years
Average tenure of resigned directors: 3.5 years
Average active director Dissolution Rate: 10.5%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
LINK PAPER LIMITED (00033401) - Dissolved
HOLMEN IGGESUND PAPERBOARD LIMITED (00075035) - Active
IGGESUND TIMBER (WORKINGTON) LIMITED (00468944) - Dissolved
IGGESUND PAPERBOARD EUROPE LIMITED (00959670) - Dissolved
HOLMEN PAPER LIMITED (00979916) - Active
IGGESUND CONVERTERS LIMITED (01416705) - Dissolved
HOLMEN UK LIMITED (01441355) - Active
IGGESUND (UK) PENSIONS LIMITED (02287635) - Active
CONFEDERATION OF PAPER INDUSTRIES LIMITED (03886916) - Active
WOODLAND ASSETS LIMITED (07862250) - Active
WOODLAND ASSETS HOLDINGS LIMITED (07863006) - Dissolved

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2021-04-012016-04-012015-04-012014-04-012013-03-23
HOLMEN UK LTD C/O IGGESUND PAPERBOARD (WORKINGTON) LTDORDINARY22,204,510
100%
0
0%
0
0%
0
0%
0
0%
HOLMEN UK LTDORDINARY0
0%
22,204,510
100%
22,204,510
100%
22,204,510
100%
22,204,510
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

HOLMEN IGGESUND PAPERBOARD LIMITED

Controlled companies below

LATE PAYMENTS REPORT


Start date End date Average days to pay % invoices paid over 60 days % invoices not paid within agreed terms Gov.uk report
2023-06-01 2023-06-30 35 1% 75% 72023
2022-07-01 2022-12-31 32 1% 55% 66265
2022-01-01 2022-06-30 33 1% 51% 59276
2021-07-01 2021-12-31 33 2% 55% 53227
2021-01-01 2021-06-30 31 2% 55% 45913
2020-07-01 2020-12-31 34 3% 59% 41219
2020-01-01 2020-06-30 33 2% 74% 32217
2019-07-01 2019-12-31 33 3% 75% 25385
2019-01-01 2019-06-30 33 2% 91% 19994
2018-07-01 2018-12-31 40 0% 97% 13400
2018-01-01 2018-06-30 38 0% 96% 3195


COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 17120 Manufacture of paper and paperboard)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
DS SMITH PAPER LIMITED LEVEL 3, 1 PADDINGTON SQUARE, LONDON, UNITED KINGDOM, W2 1DL 00058614 2018-04-30 351,608,000 48,985,000 17219-Manufacture of other paper and paperboard containers
UPM-KYMMENE (UK) LIMITED 1 MEADOWHEAD ROAD, IRVINE, AYRSHIRE, KA11 5AT SC102969 2017-12-31 280,648,000 6,344,000
SOFIDEL UK LIMITED BRUNEL WAY BAGLAN ENERGY PARK, BRITON FERRY, NEATH, WALES, SA11 2FP 02245657 2017-12-31 263,469,000 19,148,000
INTERTISSUE LIMITED BRUNEL WAY BAGLAN ENERGY PARK, BRITON FERRY, NEATH, WALES, SA11 2FP 04537324 2017-12-31 131,903,000 1,228,000
ARJO WIGGINS FINE PAPERS LIMITED 2ND FLOOR, 110 CANNON STREET, LONDON, EC4N 6EU 00961440 2017-12-31 123,580,000 -70,086,000
JAMES CROPPER PUBLIC LIMITED COMPANY BURNESIDE MILLS, KENDAL, CUMBRIA, LA9 6PZ 00030226 2016-04-02 96,312,000 4,090,000
GLATFELTER LYDNEY, LTD. LYDNEY PAPER MILL, CHURCH ROAD, LYDNEY, GLOUCESTERSHIRE, GL15 5EJ 05734921 2017-12-31 82,518,000 5,886,000
JAMES CROPPER SPECIALITY PAPERS LIMITED BURNESIDE MILLS, KENDAL, CUMBRIA, LA9 6PZ 04690555 2018-03-31 64,634,000 -2,254,000
SONOCO LIMITED C/O SONOCO CORES & PAPER LTD STAINLAND BOARD MILLS, HOLYWELL GREEN, HALIFAX, ENGLAND, HX4 9PY 00082196 2017-12-31 47,955,000 17,144,000
IGGESUND PAPERBOARD (WORKINGTON) LIMITED IGGESUND PAPERBOARD, SIDDICK, WORKINGTON, CUMBRIA, CA14 1JX 00075035 2018-01-28 31,818,000 6,856,000
STAR TISSUE UK LIMITED WATERFALL STREET, BLACKBURN, LANCASHIRE, UNITED KINGDOM, BB2 2BN 05859797 2018-09-30 24,410,220 0
PECPL REALISATIONS LIMITED 10 NICHOLAS STREET, CHESTER, CH1 2NX 03046608 2017-12-31 11,185,649 0
FOLDER WORKSHOP LTD 238 STATION ROAD, ADDLESTONE, SURREY, KT15 2PS 05291580 2018-12-31 0 0
HOLMEN UK LIMITED HOLMEN UK LIMITED, SIDDICK, WORKINGTON, CUMBRIA, CA14 1JX 01441355 0000-00-00 0 0

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
HOLMEN IGGESUND PAPERBOARD LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.6% 1.7% 2.7% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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