STORA ENSO UK LIMITED

1. STORA ENSO UK LIMITED 2019-09-30 → present
2. STORA ENSO TIMBER UK LIMITED 1999-08-06 → 2019-09-30
3. ENSO TIMBER LIMITED 1996-01-08 → 1999-08-06
4. ENSO (SOFTWOODS) LIMITED 1991-11-22 → 1996-01-08
5. HACKMAN (UK) LTD 1985-12-19 → 1991-11-22
6. HACKMAN U.K. (SOFTWOODS) LIMITED 1983-12-09 → 1985-12-19
7. HARDING & VICK LIMITED 1926-08-11 → 1983-12-09

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

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

FRS 101 'Reduced Disclosure Framework'

Reporting scope

Standalone (parent only)

Auditor

HaysMac LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors of the board of the Company's ultimate parent undertaking and controlling party, Stora Enso Oyj, have confirmed their commitment via a letter of support, to continue providing financial support to the Company for a period of at least 12 months from the date on which the financial statements of the Company are approved by its board of directors. After consideration, the directors of the Company have a reasonable expectation that the parent company has adequate resources to honour this commitment. Additionally, the same is expected of the Company's resources and therefore its ability to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and financial statements.”

Significant events

• “Declaration of dividend The Directors approved the payment of a dividend of £12.467m during the year.”
• “Office relocation The Directors made the decision to exit the Company's leased office premises at Ash Tree Court, Nottingham in October 2024, transitioning to a virtual office arrangement.”
• “Board composition During the year, the Directors oversaw changes to the Board, including the resignation of H M Sidney-Wilmot and R V Towsey in June 2024 and the appointment of J F Barr and M J J Terho in May 2024.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  +0.9%

  £150,518,000 → £151,799,000

• Cash

  +174.7%

  £6,254,000 → £17,181,000

• Net assets

  -30.7%

  £31,582,000 → £21,883,000

• Employees

  -10.3%

  39 → 35

• Operating profit

  -25.7%

  £3,582,000 → £2,663,000

• Profit before tax

  -1.5%

  £3,980,000 → £3,922,000

• Wages

  +9.5%

  £3,190,000 → £3,492,000

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