SHOTTON MILL LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -12.5%

  £38,522,101 → £33,718,854

  lowest in 4 filed years

• Cash

  +296.2%

  £21,534,243 → £85,328,943

  highest in 4 filed years

• Net assets

  +0.8%

  £165,197,125 → £166,575,182

  highest in 4 filed years

• Employees

  +0.6%

  176 → 177

• Operating profit

  -3.8%

  -£14,256,468 → -£14,799,498

  lowest in 4 filed years

• Profit before tax

  +33.5%

  -£14,854,258 → -£9,877,157

• Wages

  -26.1%

  £6,008,792 → £4,440,759

  lowest in 4 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

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.

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company has prepared its financial statements on a going concern basis which assumes adequate resources will be available for a period of at least twelve months following approval of the financial statements. In performing their assessment, the Directors have considered the future financial plans of the Company, including cashflow and profit forecasts to December 2026. Following receipt of appropriate consents, preparatory site work proceeded according to the schedule with major groundworks complete, key construction contracts placed and critical components ordered as required to facilitate the construction, delivery and commissioning of new containerboard and tissue paper machines in line with the overall site programme. This transition will result in operating financial performance continuing to be muted for a further period. Shotton Mill Limited committed to retain the services of the entire workforce during the period of transition and to reskill and develop those individuals in order to secure the advanced manufacturing skills needed to operate the plant after start-up, this commitment has been maintained during the planned period of extensive capital investment needed to repurpose the site. This regionally significant capital investment project is underwritten by the Eren Group and will also be partially funded by Commercial Loans, the terms of which are structured to optimise the risk/return profile to all parties. A committed loan agreement with the Parent company of £600m is currently in place, together with a Letter of Support from Modern Karton covering liquidity needs, if necessary, until at least 30 September 2026. These measures together provide robust financial stability, thereby allowing the Company to continue to operate its existing limited capacity predictably, whilst also adopting the going concern basis of accounts preparation.”

Significant events

• “Several drawdowns, totaling £283 million, have been made from Modern Karton and Eren Paper under existing loan facilities.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.