BSW TIMBER SOLUTIONS LTD
Formerly known as SCA Wood UK, the company manufactures and distributes timber products to the DIY and builders' merchant sectors as a subsidiary of the Binderholz-owned BSW Group.
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Cash
£1.8M
-76.3% vs 2023
Net assets
£16M
-45% vs 2023
Employees
300
-6.8% vs 2023
Profit before tax
£10M
+6.8% vs 2023
Net assets
2-year trend · vs Basic Materials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £184,245,000 | £175,269,000 | -4.9% | |
| Operating profit | £10,071,000 | £9,782,000 | -2.9% | |
| Profit before tax | £9,773,000 | £10,434,000 | +6.8% | |
| Net profit | £7,392,000 | £7,764,000 | +5% | |
| Cash | £7,452,000 | £1,766,000 | -76.3% | |
| Total assets less current liabilities | £30,302,000 | £17,145,000 | -43.4% | |
| Net assets | £29,384,000 | £16,162,000 | -45% | |
| Equity | £29,384,000 | £16,162,000 | -45% | |
| Average employees | 322 | 300 | -6.8% | |
| Wages | £11,499,000 | £10,781,000 | -6.2% | |
| Directors' remuneration | £174,000 | £163,000 | -6.3% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 5.5% | 5.6% | |
| Net margin | 4.0% | 4.4% | |
| Return on capital employed | 33.2% | 57.1% | |
| Current ratio | 1.73x | 1.24x | |
| Interest cover | 28.94x | 57.20x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 5 times since incorporation
- BSW TIMBER SOLUTIONS LTD 2021-02-26 → present
- SCA WOOD UK LTD 2018-07-17 → 2021-02-26
- SCA TIMBER SUPPLY LIMITED 2004-04-21 → 2018-07-17
- SCA TIMBER (UK) LIMITED 1997-01-14 → 2004-04-21
- SCA TIMBER HOLDINGS LIMITED 1991-07-31 → 1997-01-14
- SHELLFAIR LIMITED 1990-09-20 → 1991-07-31
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- BSW TIMBER SOLUTIONS LTD · parent
- Swedscot Timber Limited 100%
Significant events
- “In 2024, the wider BSW Group established the BSW Community Support Committee.”
- “During the year the Company took the decision to liquidate its 100% owned dormant subsidiary, Swedscot Timber Limited.”
- “The shareholders approved this limited liability agreement, as required by Companies Act 2006, by a resolution dated 6 September 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 33 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MCKAY, John Bruce | Director | 2016-09-05 | Jul 1964 | British |
| MILNE, Alan Graham | Director | 2020-12-01 | Nov 1982 | British |
Show 33 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BURTON, Peter Tom | Secretary | — | 1996-04-18 |
| DRISCOLL, Jeanette | Secretary | 1997-01-01 | 2003-10-03 |
| MILLS, Raymond Alan | Secretary | 2003-09-09 | 2021-12-22 |
| NILSSON, Peter Olof | Secretary | 1996-04-18 | 1997-01-01 |
| BLAKE, John Henry | Director | 2004-01-01 | 2006-12-31 |
| BOWER, Jonathan Mark | Director | 2009-09-09 | 2012-04-30 |
| DRISCOLL, Jeanette | Director | 1998-01-01 | 2003-10-03 |
| EK, Anders Ingvar | Director | 1997-10-01 | 2017-12-21 |
| EMSLEY, Neil Foxhall | Director | 2007-01-01 | 2014-01-07 |
| FISHER, Jeffrey | Director | 2009-09-09 | 2011-04-30 |
| FRIDH, Goran | Director | 2001-10-17 | 2009-09-09 |
| GARNER, Andrew Stanley | Director | 2004-01-01 | 2006-12-31 |
| GRIFFITHS, Emyrs John | Director | 2013-11-25 | 2020-12-01 |
| HACKNEY, Anthony Malcolm | Director | 2020-12-01 | 2023-07-31 |
| HENNINGSSON, Per Markus | Director | 2017-12-21 | 2020-12-01 |
| HILDINSON, Nils Ola Stefan | Director | — | 1994-04-01 |
| JONES, Neil | Director | 2013-11-25 | 2014-03-03 |
| KENNY, Michael Anthony | Director | 2014-04-01 | 2015-03-06 |
| KING, Stephen | Director | 2003-01-01 | 2020-12-01 |
| KVARNUNG, Mats Josef | Director | 1997-09-30 | 2000-02-25 |
| LARSSON, Kurt Olof Jerry | Director | 2020-01-16 | 2020-12-01 |
| LARSSON, Ulf | Director | 2003-01-01 | 2009-09-09 |
| LEONARDSSON, Ulric | Director | 1998-01-01 | 2000-08-04 |
| LLOYD, John Michael | Director | 2015-06-29 | 2016-12-16 |
| MILLS, Raymond Alan | Director | 2003-09-09 | 2021-12-22 |
| NILSSON, Peter Olof | Director | 1997-01-01 | 1997-09-30 |
| NORDIN, Carl Hugo Kettil | Director | 1995-02-01 | 1997-01-01 |
| OLOFSSON, Mats Georg | Director | 1997-10-01 | 1998-09-07 |
| OWEN, Anthony John | Director | — | 1995-02-28 |
| SANDGREN, Mats Henning Rune | Director | 2001-10-17 | 2002-12-31 |
| SIMPSON, Robert Kirk | Director | 2000-03-20 | 2012-10-17 |
| SUNDIN, Erik Tommy | Director | 1994-04-01 | 1997-10-31 |
| WILHELMSSON, Nils Lenmart | Director | 2003-01-01 | 2009-09-09 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bsw Timber Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-12-01 | Active |
| Svenska Cellulosa Aktiebolaget Sca | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2020-12-01 |
Filing timeline
Last 20 of 185 total filings
Material constitutional events — rename, articles re-file, resolution
- 2021-02-26 RESOLUTIONS Resolution PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-23 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-09-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-01 | CH01 | officers | Change person director company with change date | |
| 2024-10-04 | AA | accounts | Accounts with accounts type full | |
| 2024-09-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-09 | AA | accounts | Accounts with accounts type full | |
| 2023-09-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-01 | TM01 | officers | Termination director company with name termination date | |
| 2022-09-20 | AA | accounts | Accounts with accounts type full | |
| 2022-09-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-03-24 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-03-24 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-01-04 | AA01 | accounts | Change account reference date company previous extended | |
| 2021-12-22 | TM01 | officers | Termination director company with name termination date | |
| 2021-12-22 | TM02 | officers | Termination secretary company with name termination date | |
| 2021-09-29 | AA | accounts | Accounts with accounts type group | |
| 2021-09-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-06-15 | AA01 | accounts | Change account reference date company current shortened | |
| 2021-02-26 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.