INTERNATIONAL PLYWOOD (IMPORTERS) 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

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 102

Reporting scope

Standalone (parent only)

Auditor

Hazlewoods LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 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 original financial statements were authorised for issue.”

Significant events

• “The company's trading has increased this year after last year's consolidation. The turnover of the company increased by 12.5% (£184,042,905 in 2025, from £163,590,026 in 2024), with the anticipated greater gross margin from the large customer contract secured last year; and excluding the effect of currency fluctuations, the gross margin on operating activities increased to 10.3% from 6.5% in 2024. However, with an adverse movement in the foreign exchange derivatives fair value provision this year, the company achieved a pre-tax profit of £1,016,032 from last year's £6,670,755. The provision has since moved favourably.”
• “The benefits of the move to the company's new bespoke business premises last year have started to be realised; strategic location, business efficiencies, continued investment in technology and minimisation of environmental impact of operations are contributing to the company's improvement, which with the future of potential growth have helped to secure a major nationwide customer contract this year.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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.

• Turnover

  +12.5%

  £163,590,026 → £184,042,905

• Cash

  -61.3%

  £12,425,340 → £4,804,278

• Net assets

  +3.8%

  £20,468,361 → £21,240,667

• Employees

  —

  Not reported

• Operating profit

  +174.5%

  £4,354,777 → £11,953,696

• Profit before tax

  -84.8%

  £6,670,755 → £1,016,032

  lowest in 3 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers