GLATFELTER LYDNEY, LTD.

LYDNEY PAPER MILL, CHURCH ROAD, LYDNEY, GLOUCESTERSHIRE, GL15 5EJ

Previous name: GLATFELTER - UK, LTD. (changed on 09-Mar-2007)

Company Number: 05734921
Incorporation date: 08-Mar-2006
Status: Active
Entity type: Private Limited Company

SIC codes:
17120 Manufacture of paper and paperboard

SUMMARY

This company is 18.6 years old and is currently active. It is controlled by Glatfelter Corporation. The company has positive equity (net assets) of GBP 64.1 million which has increased from GBP 56.6 million in the previous year. The latest reported revenue figure is GBP 91.6 million which is up 10% on previous year's figure of GBP 82.5 million. The company has 3 active officers (directors or partners) who are or were officers of 1 other company. 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: 31-Dec-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-Dec-2018	GBP	91,626,000	9,270,000
31-Dec-2017	GBP	82,518,000	7,399,000			1,458,000	7,344,000
31-Dec-2016	GBP	67,869,000	5,062,000	36,000	127,000	603,000	4,368,000
31-Dec-2015	GBP	66,867,000	-2,169,000	48,000	144,000	-1,305,000
31-Dec-2014	GBP	67,201,000	7,596,000	415,000	696,000	1,639,000	5,676,000
31-Dec-2013	GBP	74,802,000	11,211,000	239,000	708,000	2,201,000	8,541,000
31-Dec-2012	GBP	66,189,000	4,704,000	140,000	740,000	942,000	3,162,000
31-Dec-2011	GBP	70,831,000	7,510,000	117,000	811,000	1,263,000	5,553,000
31-Dec-2010	GBP	62,666,000	5,163,000	210,000	961,000		4,412,000
31-Dec-2009	GBP	58,564,000	3,666,000	248,000	1,212,000		2,702,000

Balance Sheet Financials:

Year end	Currency	Cash	Current Assets	Current Liabilities	Debt	Share Capital	Premium Reserve	Retained Earnings	Net Assets
31-Dec-2018	GBP	486,000	44,698,000	12,755,000		7,664,000	19,343,000	37,047,000	64,054,000
31-Dec-2017	GBP	15,000	39,659,000	16,684,000		7,664,000	19,343,000	29,552,000	56,559,000
31-Dec-2016	GBP	561,000		21,035,000
31-Dec-2015	GBP	1,212,000		12,095,000		7,664,000	19,343,000	19,298,000	46,305,000
31-Dec-2014	GBP	1,359,000		8,716,000	20,833,000
31-Dec-2013	GBP	5,314,000		9,867,000	27,501,000	7,664,000	19,343,000	17,147,000	44,154,000
31-Dec-2012	GBP	5,433,000		12,875,000	24,993,000
31-Dec-2011	GBP	4,021,000		12,417,000	27,772,000	7,664,000	19,343,000	5,444,000	32,451,000
31-Dec-2010	GBP	3,730,000		11,034,000	32,879,000	7,664,000	19,343,000	-109,000	26,898,000
31-Dec-2009	GBP	1,744,000		7,233,000	48,636,000	7,664,000	10,472,000	-4,521,000	13,615,000

VALUATION EVENTS (BETA)

Year end	Currency	% Equity	Sum raised	Pre-Money Valuation*	Post-Money Valuation*	Enterprise Value**

Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY

Status	Name	Appointed on	Resigned on	Nationality	All apointments (active/resigned)
Active	QUAYSECO LIMITED	03 Mar 2010	16 Oct 2024		114 - 233
Resigned	Thomas JACKSON	03 Jun 2008	30 Apr 2009	United States	0 - 4
Resigned	Jeffrey NORTON	08 Mar 2006	03 Jul 2008	American	0 - 2

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	Paul G. WOLFRAM	06 Sep 2022		Director Of Treasury	American	2 - 0	0 (0.0%)
Active	Valentin ACKERMANN	06 Sep 2022		Site Leader, Lydney	French	1 - 0	0 (0.0%)
Resigned	Timothy Alan COBB	28 Feb 2022	11 Jul 2023	Vice President Tax	American	0 - 2	0 (0.0%)
Resigned	Ramesh SHETTIGAR	23 Aug 2021	30 Dec 2022	Corporate Finance	American	0 - 2	0 (0.0%)
Resigned	Hubert Florian CUTILLAS	23 Aug 2021	06 Sep 2022	Uk Mill Manager	French	0 - 2	0 (0.0%)
Resigned	Philippe SEVOZ	01 Oct 2019	31 Mar 2021	Vp Global Operations	French	1 - 2	0 (0.0%)
Active	Patricia SARGEANT	01 Oct 2019		Vp Sales, Composite Fibers	Canadian	2 - 0	0 (0.0%)
Resigned	Philippe SEVOZ	01 Oct 2019	31 Mar 2021	Vp Global Operations	French	1 - 1	0 (0.0%)
Resigned	David CARSCADDEN	11 Dec 2016	12 May 2021	General Mill Manager	British	0 - 3	0 (0.0%)
Resigned	David FOULDS	14 Jun 2013	11 Dec 2016	General Manager	British	0 - 1	0 (0.0%)
Resigned	Amy WANNEMACHER	10 Nov 2011	28 Feb 2022	Vp, Tax	American	0 - 2	0 (0.0%)
Resigned	Thomas JACKSON	19 Apr 2010	10 Nov 2011	Vice President & General Counsel	United States	0 - 4	0 (0.0%)
Resigned	Reinhard, Dr SCHIEBELER	28 Feb 2010	27 Jul 2017	Operations Director & General Manager	German	0 - 1	0 (0.0%)
Resigned	Julian ATHERLEY	30 Apr 2009	31 Mar 2010	General Mill Manager	British	0 - 1	0 (0.0%)
Resigned	Martin, Herr RAPP	30 Apr 2009	30 Sep 2019	Vice President & General Manager	German	0 - 2	0 (0.0%)
Resigned	Jeffrey NORTON	13 Mar 2006	03 Jul 2008	General Counsel	American	0 - 2	0 (0.0%)
Resigned	SWIFT INCORPORATIONS LIMITED	08 Mar 2006	08 Mar 2006			5 - 90385	39318 (43.5%)
Resigned	John JACUNSKI	08 Mar 2006	30 Apr 2009	Vice President	American	0 - 2	0 (0.0%)
Resigned	Dante PARRINI	08 Mar 2006	30 Apr 2009	Executive Vice President	American	0 - 2	0 (0.0%)

Number of active directors: 3
Average tenure of active directors: 3.1 years
Average tenure of resigned directors: 3.4 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Paul G. WOLFRAM	Valentin ACKERMANN	Patricia SARGEANT
GLATFELTER CAERPHILLY LIMITED (05285231) - Active	✔		✔
GLATFELTER LYDNEY, LTD. (05734921) - Active	✔	✔	✔

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES

>75%:Glatfelter Corporation (1-03560 - Pennsylvania) active

Controlling entities above

GLATFELTER LYDNEY, LTD.

Controlled companies below

>75%:GLATFELTER CAERPHILLY LIMITED (05285231 - UK) active

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
2024-01-01	2024-06-30	36	6%	11%	89157
2023-07-01	2023-12-31	34	7%	8%	84943
2023-01-01	2023-06-30	37	7%	10%	75603
2022-07-01	2022-12-31	36	6%	10%	69153
2022-01-01	2022-06-30	37	8%	8%	62545
2021-07-01	2021-12-31	37	7%	6%	56030
2021-01-01	2021-06-30	39	8%	7%	49138
2020-07-01	2020-12-31	35	7%	6%	42733
2020-01-01	2020-06-30	39	7%	7%	34167
2019-07-01	2019-12-31	39	7%	7%	28748
2019-01-01	2019-06-30	40	7%	6%	17121
2018-07-01	2018-12-31	36	6%	6%	12335
2018-01-01	2018-06-30		%	%	2629
2018-01-01	2018-06-30	40	7%	7%	2633

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	10 FLEET PLACE, LONDON, EC4M 7RB	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
GLATFELTER LYDNEY, LTD.	0.7%	3.6%	7.1%	Medium
Other companies Active in the same sector	Too few competitors


Age	0.4%	1.7%	3.3%	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