Do you have a dispute with a business?
Make it public
METSA WOOD UK LIMITED
OLD GOLF COURSE, FISHTOFT ROAD, BOSTON, LINCOLNSHIRE, PE21 0BJPrevious name: FINNFOREST UK LIMITED (changed on 21-Feb-2012)
Company Number: 03071064
Incorporation date: 21-Jun-1995
Status: Active
Entity type: Private Limited Company
SIC codes:
16100 Sawmilling and planing of wood
SUMMARY
This company is 28.8 years old and is currently active. It is controlled by multiple entities. The latest reported revenue figure is GBP 149.3 million which is similar to the previous year's figure of GBP 156.6 million. The company has 4 active officers (directors or partners) who are or were officers of 5 other companies. 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-2024Accounts Filed: FULL (31-Dec-2022)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|---|---|---|---|---|---|---|
31-Dec-2018 | GBP | 149,257,000 | -1,604,000 | 98,000 | 673,000 | 311,000 | -1,886,000 |
31-Dec-2017 | GBP | 156,609,000 | 176,000 | 51,000 | 530,000 | ||
26-Jun-2017 | GBP | 161,471,000 | 6,553,000 | 93,000 | 469,000 | 885,000 | 5,464,000 |
01-Dec-2015 | GBP | 460,548,000 | 5,822,000 | 65,000 | 839,000 | 1,338,000 | 3,744,000 |
31-Dec-2014 | GBP | 170,469,000 | 1,997,000 | 64,000 | 609,000 | 1,390,000 | |
29-Sep-2014 | GBP | 182,237,000 | 3,550,000 | 99,000 | 767,000 | 2,532,000 | |
31-Dec-2012 | GBP | 198,193,000 | 11,623,000 | 111,000 | 2,822,000 | 8,155,000 | |
31-Dec-2011 | GBP | 211,911,000 | 9,799,000 | 77,000 | 2,095,000 | 6,871,000 | |
31-Dec-2010 | GBP | 218,364,000 | 6,478,000 | 105,000 | 396,000 | 3,181,000 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
31-Dec-2018 | GBP | 25,754,000 | 30,000,000 | 7,486,000 | |||||
31-Dec-2017 | GBP | 1,173,000 | 51,788,000 | 28,656,000 | 30,000,000 | ||||
26-Jun-2017 | GBP | 156,000 | 53,653,000 | 30,012,000 | 30,000,000 | 5,710,000 | 36,291,000 | ||
01-Dec-2015 | GBP | ||||||||
31-Dec-2014 | GBP | 1,655,000 | 42,879,000 | 13,441,000 | 30,000,000 | -517,000 | 30,064,000 | ||
29-Sep-2014 | GBP | 180,000 | 50,416,000 | 18,560,000 | 13,537,000 | 30,000,000 | 7,032,000 | 37,613,000 | |
31-Dec-2012 | GBP | 1,690,000 | 53,972,000 | 20,439,000 | 13,338,000 | 30,000,000 | 7,509,000 | 38,090,000 | |
31-Dec-2011 | GBP | 3,347,000 | 54,924,000 | 24,126,000 | 13,242,000 | 30,000,000 | 6,906,000 | 37,487,000 | |
31-Dec-2010 | GBP | 2,189,000 | 52,684,000 | 24,845,000 | 13,411,000 | 30,000,000 | 5,254,000 | 35,835,000 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|---|---|---|---|---|---|
26-Jun-2017 | GBP | 100.00% | 30,000,000 | 0 | 30,000,000 | 14,922,000 |
01-Dec-2015 | GBP | inf% | -30,000,000 | 30,000,000 | 0 | 20,893,000 |
** Estimated based on average Cash and Debt levels during period
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
---|---|---|---|---|---|---|
Active | Gavin Howard EVANS | 14 Apr 2023 | 29 Mar 2024 | 1 - 0 | ||
Resigned | Alice OLSSON | 27 Jun 2017 | 14 Apr 2023 | 0 - 1 | ||
Resigned | Naomal Lanil WIJESOORRIYA | 17 Jan 2007 | 27 Jun 2017 | Accountant | British | 0 - 1 |
Resigned | Frederick Victor WARNER | 01 Oct 2002 | 17 Jan 2007 | 1 - 10 | ||
Resigned | Lauri Tapio PELTOLA | 14 Sep 1995 | 30 Sep 2002 | 0 - 25 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Gavin Howard EVANS | 14 Apr 2023 | Accountant | British | 3 - 2 | 0 (0.0%) | |
Active | Jaakko Veikko ANTTILA | 11 Feb 2022 | Director | Finnish | 1 - 0 | 0 (0.0%) | |
Active | Olli Matti PAJULA | 01 May 2019 | Managing Director | Finnish | 1 - 0 | 0 (0.0%) | |
Resigned | David Charles ADAMS | 13 Aug 2018 | 06 Dec 2018 | Managing Director | British | 0 - 2 | 1 (50.0%) |
Resigned | Alice OLSSON | 26 Jun 2017 | 14 Apr 2023 | Finance Director | British | 0 - 8 | 1 (12.5%) |
Active | Henrik SODERSTROM | 06 Nov 2013 | Senior Vice President Timber & Upgrades | Finnish | 1 - 1 | 1 (50.0%) | |
Resigned | David Arthur BYGRAVES | 14 Dec 2012 | 21 Jul 2014 | Vice President Timber & Upgrades | British | 1 - 2 | 0 (0.0%) |
Resigned | David Arthur BYGRAVES | 14 Dec 2012 | 21 Jul 2014 | Vice President Timber & Upgrades | British | 0 - 2 | 0 (0.0%) |
Resigned | Heikki Antero VEPSALAINEN | 14 Dec 2012 | 05 Jun 2013 | Senior Vice President Timber & Upgrades Metsa Wood | Finnish | 0 - 1 | 0 (0.0%) |
Resigned | Michael Gordon WARD | 10 May 2012 | 22 Feb 2018 | Managing Director | British | 4 - 23 | 14 (51.9%) |
Resigned | Michael LOMAS | 10 Apr 2012 | 31 Jul 2016 | Vice President European Operations | British | 0 - 1 | 0 (0.0%) |
Resigned | Joni LUKKAROINEN | 21 Mar 2012 | 12 Jul 2012 | Senior Vice President | Finnish | 0 - 1 | 0 (0.0%) |
Resigned | Ole Verner SALVEN | 01 Feb 2006 | 30 Mar 2012 | Director | Finnish | 0 - 2 | 1 (50.0%) |
Resigned | Mikko KILPELAINEN | 01 Jan 2005 | 19 Jan 2007 | Senior Vice President Finance | Finnish | 0 - 3 | 2 (66.7%) |
Resigned | Thomas John TONG | 01 Feb 2003 | 28 Feb 2011 | Sales Director | British | 2 - 1 | 1 (33.3%) |
Resigned | Nigel John MCKILLOP | 01 Jul 2002 | 30 Sep 2005 | Director | British | 0 - 3 | 0 (0.0%) |
Resigned | Naomal Lanil WIJESOORIYA | 01 Feb 2002 | 27 Jun 2017 | Finance Director | British | 4 - 9 | 6 (46.2%) |
Resigned | Roderick Bruce ALLAN | 01 Mar 2001 | 29 Feb 2012 | Managing Director | British | 1 - 4 | 2 (40.0%) |
Resigned | David Anthony Douglas TAYLOR | 01 Mar 2001 | 31 Dec 2001 | Director | British | 0 - 3 | 2 (66.7%) |
Resigned | Mark Duncan TONGE | 01 Mar 2001 | 30 Sep 2005 | Logistics & It | British | 2 - 4 | 1 (16.7%) |
Resigned | Frederick Victor WARNER | 01 Mar 2001 | 17 Jan 2007 | Director | British | 1 - 10 | 2 (18.2%) |
Resigned | Nicholas DAVENPORT | 01 Mar 2001 | 31 Dec 2012 | Procurement Director | British | 3 - 2 | 1 (20.0%) |
Resigned | Roderick Bruce ALLAN | 01 Mar 2001 | 29 Feb 2012 | Managing Director | British | 0 - 3 | 1 (33.3%) |
Resigned | Simon John KNIGHT | 01 Jul 2000 | 30 Apr 2002 | Company Director | British | 0 - 3 | 0 (0.0%) |
Resigned | John TONG | 01 Jul 2000 | 05 Feb 2010 | Chairman | British | 0 - 12 | 0 (0.0%) |
Resigned | Ole Verner SALVEN | 01 Jan 2000 | 30 Jan 2004 | Managing Director | Finnish | 0 - 4 | 1 (25.0%) |
Resigned | Jouko Matti JAAKKOLA | 01 Jan 2000 | 10 Aug 2001 | Senior Vice President | Finnish | 0 - 1 | 0 (0.0%) |
Resigned | Ismo Antero PELTOMAKI | 24 Apr 1999 | 01 Jan 2000 | Director | Finnish | 0 - 3 | 1 (33.3%) |
Resigned | Ari MARTONEN | 24 Apr 1999 | 30 Sep 2005 | Managing Director | Finnish | 0 - 2 | 1 (50.0%) |
Resigned | Linda PRITCHARD | 22 Dec 1997 | 30 Apr 1998 | I T Director | British | 0 - 4 | 0 (0.0%) |
Resigned | William Kenneth EDWARDS | 22 Dec 1997 | 22 Apr 1999 | Director | British | 0 - 4 | 1 (25.0%) |
Resigned | Jussi JUSELIUS | 14 Jun 1996 | 31 Jul 1997 | Director | Finnish | 0 - 2 | 1 (50.0%) |
Resigned | Karl Johan LINDBORG | 14 Jun 1996 | 31 Dec 1998 | Director | Finnish | 0 - 6 | 3 (50.0%) |
Resigned | Andrew MACDONALD | 28 Mar 1996 | 31 Jul 1998 | Director | British | 0 - 1 | 0 (0.0%) |
Resigned | Ilkka SILVANTO | 28 Mar 1996 | 01 Oct 2004 | Director | Finnish | 0 - 4 | 2 (50.0%) |
Resigned | Andrew BLIGH | 28 Mar 1996 | 29 May 1998 | Director | British | 2 - 2 | 1 (25.0%) |
Resigned | Antti Johannes REINIKKA | 03 Oct 1995 | 22 Apr 1999 | Company Director | Finnish | 0 - 2 | 1 (50.0%) |
Resigned | Ole Verner SALVEN | 19 Sep 1995 | 22 Apr 1999 | Financial Director | Finnish | 0 - 4 | 1 (25.0%) |
Resigned | Linda PRITCHARD | 14 Sep 1995 | 28 Mar 1996 | It Director | British | 0 - 4 | 0 (0.0%) |
Resigned | Frederick Victor WARNER | 14 Sep 1995 | 28 Mar 1996 | Director | British | 1 - 10 | 2 (18.2%) |
Resigned | Jorma Juhani VAAJOKI | 14 Sep 1995 | 31 Jul 1996 | Company Director | Finnish | 0 - 2 | 1 (50.0%) |
Resigned | John TONG | 14 Sep 1995 | 22 Apr 1999 | Company Director | British | 0 - 12 | 0 (0.0%) |
Resigned | George Edward Hyslop ANDERSON | 14 Sep 1995 | 31 Dec 1996 | Company Director | British | 0 - 5 | 0 (0.0%) |
Resigned | Martin Edgar RICHARDS | 21 Jun 1995 | 14 Sep 1995 | British | 0 - 873 | 442 (50.6%) | |
Resigned | Peter John CHARLTON | 21 Jun 1995 | 14 Sep 1995 | British | 0 - 598 | 291 (48.7%) | |
Resigned | CLIFFORD CHANCE SECRETARIES LIMITED | 21 Jun 1995 | 14 Sep 1995 | 0 - 1946 | 1092 (56.1%) |
Average tenure of active directors: 4.6 years
Average tenure of resigned directors: 3.8 years
Average active director Dissolution Rate: 12.5%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
Name
|
|||||
---|---|---|---|---|---|
EATON MEDC LIMITED (01202172) - Active | ✔ | ||||
METSA WOOD UK LIMITED (03071064) - Active | ✔ | ✔ | ✔ | ✔ | |
METSA WOOD UK HOLDINGS LTD (03085887) - Liquidation | ✔ | ||||
FINNFOREST PENSION TRUSTEES LTD (03123349) - Active | ✔ | ||||
M-REAL UK PENSION TRUSTEES LIMITED (06346657) - Active | ✔ | ||||
OXALIS GROUP LIMITED (07083584) - Active | ✔ |
SHAREHOLDERS (BETA)
Shareholder name | Share class | Shares at confirmation date | ||||
---|---|---|---|---|---|---|
2015-07-21 | 2014-07-21 | 2013-07-11 | 2012-06-21 | 2011-06-21 | ||
METSA WOOD UK HOLDINGS LTD | ORDINARY | 25,000,000 83.3% | 25,000,000 83.3% | 25,000,000 83.3% | 25,000,000 83.3% | 0 0% |
METSA WOOD UK HOLDINGS LTD | PREFERENCE | 5,000,000 16.7% | 5,000,000 16.7% | 5,000,000 16.7% | 5,000,000 16.7% | 0 0% |
FINNFOREST UK HOLDINGS LTD | ORDINARY | 0 0% | 0 0% | 0 0% | 0 0% | 25,000,000 83.3% |
FINNFOREST UK HOLDINGS LTD | PREFERENCE | 0 0% | 0 0% | 0 0% | 0 0% | 5,000,000 16.7% |
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
METSA WOOD UK 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 |
---|---|---|---|---|---|
2023-07-01 | 2023-12-31 | 32 | 3% | 18% | 78657 |
2023-01-01 | 2023-06-30 | 30 | 1% | 22% | 72062 |
2022-07-01 | 2022-12-31 | 25 | 1% | 23% | 65576 |
2022-01-01 | 2022-06-30 | 33 | 4% | 24% | 59170 |
2021-07-01 | 2021-12-31 | 29 | 3% | 25% | 53103 |
2021-01-01 | 2021-06-30 | 29 | 3% | 26% | 45654 |
2020-07-01 | 2020-12-31 | 29 | 3% | 23% | 39232 |
2020-01-01 | 2020-06-30 | 24 | 2% | 22% | 31896 |
2019-07-01 | 2019-12-31 | 23 | 2% | 22% | 24894 |
2019-01-01 | 2019-06-30 | 25 | 3% | 25% | 16888 |
2018-07-01 | 2018-12-31 | 23 | 4% | 32% | 9423 |
2018-01-01 | 2018-06-30 | 28 | 5% | 26% | 5013 |
COURT CASES
No Court Cases found
PATENTS
COMPETITORS
(Based on Sic code:
16100 Sawmilling and planing of wood)
Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
---|---|---|---|---|---|---|
MARLEY ETERNIT LIMITED | WELLINGTON ROAD, BURTON UPON TRENT, STAFFORDSHIRE, ENGLAND, DE14 2AP | 00486100 | 2017-12-31 | 210,300,000 | 30,100,000 |
23490-Manufacture of other ceramic products not elsewhere classified 23610-Manufacture of concrete products for construction purposes 23650-Manufacture of fibre cement |
JAMES JONES & SONS LIMITED | BROOMAGE AVENUE, LARBERT, FK5 4NQ | SC005832 | 2017-12-31 | 163,876,000 | 27,265,000 |
16290-Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials |
METSA WOOD UK LIMITED | OLD GOLF COURSE, FISHTOFT ROAD, BOSTON, LINCOLNSHIRE, PE21 0BJ | 03071064 | 2017-12-31 | 156,609,000 | -284,000 | |
JAMES DONALDSON & SONS LIMITED | DONALDSON HOUSE SALTIRE CENTRE, PENTLAND PARK, GLENROTHES, SCOTLAND, KY6 2AG | SC010528 | 2018-03-31 | 153,592,000 | 6,097,000 | |
BALCAS TIMBER LIMITED | 75 KILLADEAS ROAD, LARAGH, BALLINAMALLARD, ENNISKILLEN, COUNTY FERMANAGH, BT94 2ES | NI026014 | 2017-12-31 | 84,738,000 | 1,768,000 | |
ARBOR FOREST PRODUCTS LIMITED | THE LINCOLN CASTLE LINCOLN CASTLE WAY, NEW HOLLAND, BARROW-UPON-HUMBER, NORTH LINCOLNSHIRE, ENGLAND, DN19 7RX | 00501259 | 2018-03-31 | 83,325,000 | 3,710,000 |
46130-Agents involved in the sale of timber and building materials |
DAVID COVER AND SON LIMITED | SUSSEX HOUSE, QUARRY LANE, CHICHESTER, WEST SUSSEX, PO19 8PE | 00396804 | 2017-12-31 | 77,292,077 | 3,345,009 |
46130-Agents involved in the sale of timber and building materials 46730-Wholesale of wood, construction materials and sanitary equipment |
FOREST GARDEN LIMITED | UNIT 288 HARTLEBURY TRADING ESTATE, HARTLEBURY, KIDDERMINSTER, WORCESTERSHIRE, DY10 4JB | 01771349 | 2017-12-31 | 55,696,000 | 61,000 | |
C & W BERRY LIMITED | WELLFIELD SAWMILLS, KING STREET, LEYLAND PRESTON, LANCASHIRE, PR25 2LE | 01464224 | 2017-10-31 | 48,123,188 | 3,129,548 |
16230-Manufacture of other builders' carpentry and joinery 46730-Wholesale of wood, construction materials and sanitary equipment 46740-Wholesale of hardware, plumbing and heating equipment and supplies |
PONTRILAS SAWMILLS LIMITED | PONTRILAS, HEREFORDSHIRE, HR2 0BE | 00457573 | 2018-07-31 | 46,331,786 | 1,326,277 | |
HARLOW BROS. LIMITED | HATHERN ROAD, LONG WHATTON, LOUGHBOROUGH, LEICESTERSHIRE, LE12 5DE | 00907445 | 2017-06-30 | 31,685,192 | 0 |
16230-Manufacture of other builders' carpentry and joinery 16290-Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials |
BAYRAM TIMBER LIMITED | GIBSON LANE, MELTON, NORTH FERRIBY, EAST YORKSHIRE, HU14 3HF | 03995988 | 2017-10-31 | 21,950,494 | 0 | |
ROWAN TIMBER SUPPLIES (SCOTLAND) LIMITED | C/O BLACKADDERS LLP, 53 BOTHWELL STREET, GLASGOW, SCOTLAND, G2 6TS | SC068805 | 2017-08-31 | 20,541,855 | 0 |
16230-Manufacture of other builders' carpentry and joinery 46730-Wholesale of wood, construction materials and sanitary equipment |
GLENMERE TIMBER COMPANY LIMITED | HOPTONS SAWMILL, GORES LANE, MARKET HARBOROUGH, LEICESTERSHIRE, LE16 8AJ | 01139262 | 2018-03-31 | 12,405,700 | 0 |
46730-Wholesale of wood, construction materials and sanitary equipment |
VINCENT TIMBER LIMITED | 8 MONTGOMERY STREET, SPARKBROOK, BIRMINGHAM, B11 1DU | 00107182 | 2017-09-30 | 11,177,816 | 0 | |
FIRWOOD TIMBER & PLYWOOD CO. LIMITED | BURSCOUGH INDUSTRIAL ESTATE, HIGGINS LANE, BURSCOUGH, ORMSKIRK, LANCASHIRE, L40 8JS | 01213142 | 2018-03-31 | 10,535,567 | 0 |
46130-Agents involved in the sale of timber and building materials 46730-Wholesale of wood, construction materials and sanitary equipment 46740-Wholesale of hardware, plumbing and heating equipment and supplies |
WATFORD TIMBER COMPANY LIMITED | 1 TOWER HOUSE TOWER CENTRE, HODDESDON, HERTFORDSHIRE, EN11 8UR | 00269521 | 2018-01-31 | 10,524,906 | 0 | |
NORTH WEST TIMBER TREATMENT LIMITED | NWTT HOUSE LOCKETT ROAD, SOUTH LANCS INDUSTRIAL ESTATE, ASHTON IN MAKERFIELD, WIGAN, WN4 8DE | 01993494 | 2017-12-31 | 8,755,103 | 0 | |
ROBBINS HOLDINGS LIMITED | 8-18 BROOKGATE, ASHTON VALE TRADING ESTATE, BRISTOL, BS3 2UN | 08972354 | 2017-12-31 | 7,003,276 | 0 | |
PTG TREATMENTS LIMITED | VICTORIA HOUSE 29 VICTORIA ROAD, HORWICH, GREATER MANCHESTER, UNITED KINGDOM, BL6 5NA | 00549613 | 2018-03-31 | 2,940,241 | 0 | |
WEST SUSSEX ANTIQUE TIMBER CO. LTD. | RELIANCE WORKS, NEWPOUND, WISBOROUGH GREEN, WEST SUSSEX, RH14 0AZ | 02416726 | 2017-07-31 | 1,343,074 | 0 |
16290-Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials |
CREATIVE WOOD SOLUTIONS LTD | WYEVERN, NEWBRIDGE-ON-WYE, LLANDRINDOD WELLS, WALES, LD1 6LD | 08672832 | 2018-09-30 | 83,604 | 0 | |
URBAN BIOMASS LTD | 31A DERRYBEG LANE, NEWRY, NORTHERN IRELAND, BT35 6JW | NI627395 | 2018-10-31 | 39,373 | 0 | |
BSW TIMBER LIMITED | EAST END, EARLSTON, BERWICKSHIRE, TD4 6JA | SC108926 | 0000-00-00 | 0 | 0 | |
THORNBRIDGE SAWMILLS LIMITED | THORNBRIDGE YARD, LAURIESTON ROAD, GRANGEMOUTH, STIRLINGSHIRE, FK3 8XX | SC188920 | 0000-00-00 | 0 | 0 |
16230-Manufacture of other builders' carpentry and joinery 46130-Agents involved in the sale of timber and building materials 46730-Wholesale of wood, construction materials and sanitary equipment |
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 |
---|---|---|---|---|
METSA WOOD UK LIMITED | 0.7% | 3.6% | 7.1% | Medium |
Other companies Active in the same sector | Too few competitors | |||
Age | 0.3% | 1.3% | 2.4% | 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 |