METSA WOOD UK LIMITED
Operating as the UK subsidiary of Metsä Group, the company manufactures and distributes engineered wood products, including softwood, MDF, and timber I-beams for the construction and industrial sectors.
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Cash
—
Latest balance sheet
Net assets
£45M
+21.3% vs 2023
Employees
335
-9.2% vs 2023
Profit before tax
£8.7M
+135.1% 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 | £191,037,000 | £173,277,000 | -9.3% | |
| Operating profit | £6,050,000 | £10,765,000 | +77.9% | |
| Profit before tax | £3,706,000 | £8,714,000 | +135.1% | |
| Net profit | £3,388,000 | £7,229,000 | +113.4% | |
| Cash | — | — | — | |
| Total assets less current liabilities | £53,868,000 | £46,930,000 | -12.9% | |
| Net assets | £36,875,000 | £44,721,000 | +21.3% | |
| Equity | £36,875,000 | £44,721,000 | +21.3% | |
| Average employees | 369 | 335 | -9.2% | |
| Wages | £15,738,000 | £14,080,000 | -10.5% | |
| Directors' remuneration | £438,000 | £331,000 | -24.4% |
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 | 3.2% | 6.2% | |
| Net margin | 1.8% | 4.2% | |
| Return on capital employed | 11.2% | 22.9% | |
| Gearing (liabilities / total assets) | 51.3% | 47.9% | |
| Current ratio | 2.59x | 2.46x | |
| Interest cover | 2.12x | 3.52x |
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
- METSA WOOD UK LIMITED 2012-02-21 → present
- FINNFOREST UK LIMITED 2000-01-28 → 2012-02-21
- INTERPAN UK LIMITED 1998-10-28 → 2000-01-28
- INTERPAN TIMBER LIMITED 1997-12-29 → 1998-10-28
- HUNTER TIMBER LIMITED 1995-10-06 → 1997-12-29
- PALMSILK LIMITED 1995-06-21 → 1995-10-06
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the company or to cease its operations, and as they have concluded that the Company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over its ability to continue as a going concern for at least a year from the date of approval of the financial statements”
Significant events
- “Metsa Wood UK will be implementing a new ERP system during 2025 supporting the organisations strategic growth and future digital transformation.”
- “In July 2022 the trustees procured insurance for the retirement benefit (see note 22).”
- “£6,735,000 profit on disposal of the Widnes site and associated plant and machinery which were sold on 4 December 2024.”
- “During 2023 the other income includes £3,429,000 profit on disposal of the Grangemouth site and associated plant and machinery which were sold on 29 November 2023.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 47 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| EVANS, Gavin Howard | Secretary | 2023-04-14 | — | — |
| DAVENPORT, James Alexander | Director | 2024-01-15 | Feb 1982 | British |
| EVANS, Gavin Howard | Director | 2023-04-14 | Nov 1981 | British |
| PILLI-SIHVOLA, Juha Tapio | Director | 2025-06-18 | Aug 1965 | Finnish |
Show 47 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| OLSSON, Alice | Secretary | 2017-06-27 | 2023-04-14 |
| PELTOLA, Lauri Tapio | Secretary | 1995-09-14 | 2002-09-30 |
| WARNER, Frederick Victor | Secretary | 2002-10-01 | 2007-01-17 |
| WIJESOORRIYA, Naomal Lanil | Secretary | 2007-01-17 | 2017-06-27 |
| CLIFFORD CHANCE SECRETARIES LIMITED | Corporate Nominee Secretary | 1995-06-21 | 1995-09-14 |
| ADAMS, David Charles | Director | 2018-08-13 | 2018-12-06 |
| ALLAN, Roderick Bruce | Director | 2001-03-01 | 2012-02-29 |
| ANDERSON, George Edward Hyslop | Director | 1995-09-14 | 1996-12-31 |
| ANTTILA, Jaakko Veikko | Director | 2022-02-11 | 2025-06-18 |
| BLIGH, Andrew | Director | 1996-03-28 | 1998-05-29 |
| BYGRAVES, David Arthur | Director | 2012-12-14 | 2014-07-21 |
| CHARLTON, Peter John | Nominee Director | 1995-06-21 | 1995-09-14 |
| DAVENPORT, Nicholas | Director | 2001-03-01 | 2012-12-31 |
| EDWARDS, William Kenneth | Director | 1997-12-22 | 1999-04-22 |
| JAAKKOLA, Jouko Matti | Director | 2000-01-01 | 2001-08-10 |
| JUSELIUS, Jussi | Director | 1996-06-14 | 1997-07-31 |
| KILPELAINEN, Mikko | Director | 2005-01-01 | 2007-01-19 |
| KNIGHT, Simon John | Director | 2000-07-01 | 2002-04-30 |
| LINDBORG, Karl Johan | Director | 1996-06-14 | 1998-12-31 |
| LOMAS, Michael | Director | 2012-04-10 | 2016-07-31 |
| LUKKAROINEN, Joni | Director | 2012-03-21 | 2012-07-12 |
| MACDONALD, Andrew | Director | 1996-03-28 | 1998-07-31 |
| MARTONEN, Ari | Director | 1999-04-24 | 2005-09-30 |
| MCKILLOP, Nigel John | Director | 2002-07-01 | 2005-09-30 |
| OLSSON, Alice | Director | 2017-06-26 | 2023-04-14 |
| PAJULA, Olli Matti | Director | 2019-05-01 | 2025-01-24 |
| PELTOMAKI, Ismo Antero | Director | 1999-04-24 | 2000-01-01 |
| PRITCHARD, Linda | Director | 1997-12-22 | 1998-04-30 |
| PRITCHARD, Linda | Director | 1995-09-14 | 1996-03-28 |
| REINIKKA, Antti Johannes | Director | 1995-10-03 | 1999-04-22 |
| RICHARDS, Martin Edgar | Nominee Director | 1995-06-21 | 1995-09-14 |
| SALVEN, Ole Verner | Director | 2006-02-01 | 2012-03-30 |
| SALVEN, Ole Verner | Director | 2000-01-01 | 2004-01-30 |
| SALVEN, Ole Verner | Director | 1995-09-19 | 1999-04-22 |
| SILVANTO, Ilkka | Director | 1996-03-28 | 2004-10-01 |
| SODERSTROM, Henrik | Director | 2013-11-06 | 2026-03-31 |
| TAYLOR, David Anthony Douglas | Director | 2001-03-01 | 2001-12-31 |
| TONG, John | Director | 2000-07-01 | 2010-02-05 |
| TONG, John | Director | 1995-09-14 | 1999-04-22 |
| TONG, Thomas John | Director | 2003-02-01 | 2011-02-28 |
| TONGE, Mark Duncan | Director | 2001-03-01 | 2005-09-30 |
| VAAJOKI, Jorma Juhani | Director | 1995-09-14 | 1996-07-31 |
| VEPSALAINEN, Heikki Antero | Director | 2012-12-14 | 2013-06-05 |
| WARD, Michael Gordon | Director | 2012-05-10 | 2018-02-22 |
| WARNER, Frederick Victor | Director | 2001-03-01 | 2007-01-17 |
| WARNER, Frederick Victor | Director | 1995-09-14 | 1996-03-28 |
| WIJESOORIYA, Naomal Lanil | Director | 2002-02-01 | 2017-06-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Metsäliitto Oy | Corporate entity | Shares 75–100%, Appoints directors, Significant influence (as firm) | 2017-09-28 | Active |
| Metsa Wood Uk Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors (as firm), Significant influence (as firm) | 2016-08-17 | Ceased 2017-09-28 |
Filing timeline
Last 20 of 211 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-20 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-01 | AA | accounts | Accounts with accounts type full | |
| 2025-08-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-22 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-20 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-04 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-08 | AA | accounts | Accounts with accounts type full | |
| 2024-08-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-15 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-23 | AA | accounts | Accounts with accounts type full | |
| 2023-08-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-21 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-04-21 | AP01 | officers | Appoint person director company with name date | |
| 2023-04-21 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-04-21 | TM01 | officers | Termination director company with name termination date | |
| 2022-12-15 | AA | accounts | Accounts with accounts type full | |
| 2022-08-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-03-21 | AP01 | officers | Appoint person director company with name date | |
| 2021-10-04 | AA | accounts | Accounts with accounts type full | |
| 2021-08-31 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
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.