UPM-KYMMENE (UK) LIMITED

1 MEADOWHEAD ROAD, IRVINE, AYRSHIRE, KA11 5AT

Company Number: SC102969
Incorporation date: 30-Jan-1987
Status: Active
Entity type: Private Limited Company

SIC codes:
17120 Manufacture of paper and paperboard





SUMMARY

This company is 37.2 years old and is currently active. It is controlled by multiple entities. The company has positive equity (net assets) of GBP 159.5 million which has increased from GBP 144.8 million in the previous year. The latest reported revenue figure is GBP 219.9 million which is similar to the previous year's figure of GBP 221.9 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-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-2019 GBP 219,865,000 14,089,000 864,000 59,000 2,790,000 12,104,000
31-Dec-2018 GBP 221,945,000 9,376,000 495,000 24,000 974,000 8,873,000
31-Dec-2017 GBP 280,648,000 8,412,000 397,000 187,000 2,278,000 6,344,000
31-Dec-2016 GBP 262,901,000 10,495,000 588,000 322,000 8,048,000 2,713,000
31-Dec-2015 GBP 272,491,000 4,762,000 335,000 89,000 1,169,000 3,839,000
31-Dec-2014 GBP 335,757,000 -41,852,000 389,000 61,000 4,554,000 36,970,000
31-Dec-2013 GBP 420,810,000 -5,821,000 577,000 48,000 1,562,000 -3,177,000
31-Dec-2012 GBP 635,954,000 -68,135,000 401,000 279,000 8,866,000 -59,385,000
31-Dec-2011 GBP 961,129,000 41,932,000 423,000 67,000 9,739,000 33,089,000
31-Dec-2010 GBP 896,584,000 20,056,000 994,000 233,000 5,311,000 14,527,000
31-Dec-2009 GBP 903,694,000 42,886,000 504,000 1,011,000 11,328,000 31,253,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2019 GBP 159,000 141,744,000 39,905,000 309,000 80,000,000 79,530,000 159,530,000
31-Dec-2018 GBP 167,000 142,981,000 44,100,000 80,000,000 64,799,000 144,799,000
31-Dec-2017 GBP 156,000 147,662,000 46,668,000 80,000,000 35,393,000 115,393,000
31-Dec-2016 GBP 174,000 147,950,000 37,650,000 160,000,000 -78,949,000 81,051,000
31-Dec-2015 GBP 4,000 133,666,000 42,834,000 160,000,000 -39,298,000 120,702,000
31-Dec-2014 GBP 18,000 162,821,000 44,866,000 160,000,000 -47,245,000 112,755,000
31-Dec-2013 GBP 41,000 156,170,000 63,186,000 160,000,000 17,935,000 177,935,000
31-Dec-2012 GBP 1,000 160,660,000 65,116,000 160,000,000 26,041,000 186,041,000
31-Dec-2011 GBP 225,716,000 151,148,000 160,000,000 91,146,000 251,146,000
31-Dec-2010 GBP 185,786,000 150,743,000 157,971,000 17,000 18,000 19,000
31-Dec-2009 GBP 318,881,000 13,000 14,000 17,000 18,000 19,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Dec-2017 GBP -100.00% -80,000,000 160,000,000 80,000,000 119,835,000
31-Dec-2011 GBP 99.99% 159,983,000 17,000 160,000,000 158,994,000
* 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 Tracy Louise KNOX 01 Oct 2020 16 Apr 2024 1 - 0
Resigned David Graeme CHALMERS 01 Aug 1992 01 Oct 2020 British 2 - 18
Resigned David Mclaren GRAY 01 Aug 1992 0 - 3

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Tommi Juhani TALVIA 17 Nov 2022 Director, Group Tax And Structures Finnish 4 - 00 (0.0%)
Active Bryan MCMURDO 01 Oct 2021 General Manager British 1 - 11 (50.0%)
Active Simon Anthony PAGE 30 Jul 2021 Vice President British 2 - 10 (0.0%)
Resigned Gordon MITCHELL 01 Oct 2020 30 Jul 2021 General Manager British 0 - 10 (0.0%)
Active Jarkko Mikko AIRAMAA 15 Oct 2019 Legal Counsel Finnish 2 - 10 (0.0%)
Resigned Sami Matti Tapio LATVA 01 Oct 2017 15 Oct 2019 Group Legal Counsel Finnish 0 - 10 (0.0%)
Resigned William George OLDHAM 12 Sep 2008 31 Dec 2011 General Manager British 2 - 53 (42.9%)
Resigned Mirja SALMELIN 01 Jun 2007 17 Nov 2022 Chairman Finnish 0 - 20 (0.0%)
Resigned John Kevin LYDEN 10 May 2004 12 Sep 2008 Company Director British 0 - 93 (33.3%)
Resigned Andrew Kenneth TOMLINSON 01 Jan 2002 11 Sep 2003 Director British 0 - 40 (0.0%)
Resigned Mats Christian Wilhelm WECKSTROM 01 Jan 2002 31 Jan 2007 Director Finnish 0 - 10 (0.0%)
Resigned Christopher William ROBINSON 21 Dec 1998 20 Jun 2000 Director British 0 - 70 (0.0%)
Resigned Martin Frank GALE 06 Jul 1998 10 May 2004 Managing Director British 0 - 173 (17.6%)
Resigned David Graeme CHALMERS 22 Jun 1998 30 Jul 2021 Director & Company Secretary British 2 - 188 (40.0%)
Resigned Ismo Aulis LEPOLA 31 May 1996 31 Dec 2001 President Finnish 0 - 10 (0.0%)
Resigned David Mclaren GRAY 01 Aug 1992 22 Jun 1998 Managing Director British 0 - 31 (33.3%)
Resigned Ronald Thomas Stewart, Sir MACPHERSON 01 Sep 1991 31 May 1996 Company Director British 0 - 269 (34.6%)
Resigned Aatos Juho Michel ERKKO 21 May 1991 05 Oct 1992 Company Chairman Finnish 0 - 10 (0.0%)
Resigned Harri PIEHL 31 May 1996 Co Director Finnish 0 - 10 (0.0%)
Resigned Jaakko PALSANEN 31 May 1996 Company Director Finnish 0 - 31 (33.3%)
Resigned Erik Vilhelm Hjalmar OLANDER 08 Apr 1991 Managing Director Finnish 0 - 10 (0.0%)
Resigned Ronald Thomas Stewart, Sir MACPHERSON 31 May 1996 Company Director British 0 - 269 (34.6%)
Resigned Casimir EHRNROOTH 31 May 1996 Chief Executive Finnish 0 - 10 (0.0%)
Resigned Veijo VALVE 03 Mar 1993 Managing Director Finnish 0 - 10 (0.0%)
Number of active directors: 4
Average tenure of active directors: 2.8 years
Average tenure of resigned directors: 4.0 years
Average active director Dissolution Rate: 12.5%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
UPM-KYMMENE (UK) HOLDINGS LIMITED (01642233) - Active
MYLLYKOSKI SALES LIMITED (04425519) - Dissolved
UPM RAFLATAC (UK) LIMITED (10990905) - Active
SHOTTON MILL LIMITED (13074427) - Active
UPM-KYMMENE (UK) LIMITED (SC102969) - Active
UPM WOOD MATERIALS (UK) LIMITED (SC577670) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2018-04-202016-04-202015-04-202014-04-242013-04-24
UPM-KYMMENE (UK) HOLDINGS LIMITEDORDINARY8,000,000
100%
0
0%
0
0%
0
0%
0
0%
UPM-KYMMENE (UK) HOLDINGS LTDORDINARY0
0%
16,000,000
100%
16,000,000
100%
16,000,000
100%
16,000,000
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

UPM-KYMMENE (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
2023-01-01 2023-07-31 42 3% 57% 77643
2022-07-01 2022-12-31 41 3% 56% 77642
2022-01-01 2022-06-30 43 4% 29% 77641
2021-07-01 2021-12-31 40 5% 26% 77640
2021-01-01 2021-06-30 41 4% 29% 45496
2020-07-01 2020-12-31 41 2% 27% 38851
2020-01-01 2020-06-30 42 4% 33% 32074
2019-07-01 2019-12-31 39 2% 28% 24836
2019-01-01 2019-06-30 40 3% 28% 16600
2018-07-01 2018-12-31 40 2% 25% 9356
2018-01-01 2018-06-30 40 20% 79% 2567


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
UPM-KYMMENE (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
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