SOFIDEL UK LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. SOFIDEL UK LIMITED 2011-06-01 → present
2. LPC GROUP LIMITED 2010-04-29 → 2011-06-01
3. LPC GROUP PLC 1988-04-19 → 2010-04-29

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

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have assessed the ability of the company to continue as a going concern for the period to 30 April 2027. This assessment has included a review of the company's financial position, cash flow forecasts, and the potential impact of various risks and uncertainties, including the current economic environment and the ongoing challenges in the manufacturing sector. Based on this assessment, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence during the going concern period. Therefore, the financial statements have been prepared on a going concern basis.”

Group structure

1. SOFIDEL UK LIMITED · parent
   1. Swedish Tissue AB 100% · Sweden · manufactures paper tissue
   2. Sofidel America Corporation 19.61% · USA · manufactures paper tissue
   3. Sofidel Ireland Limited 100% · Republic of Ireland · import of goods manufactured by Sofidel UK Limited

Significant events

• “In 2025 Sofidel UK undertook a series of strategic capital investments aimed at enhancing sustainability and production efficiency. These included the installation of a biomass steam generator in the Baglan plant, a photovoltaic plant system at the Rothley Site and a hydrogen-ready steam boiler which was installed to support decarbonisation of the paper manufacturing process at the Leicester site. From an efficiency perspective, further automation and packaging upgrades, such as a stretch wrapper, palletizing island, and conveyor systems, were also implemented to improve operational throughput and production performance across UK sites.”

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

Filings

6

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.

• Turnover

  -0.7%

  £425,617,000 → £422,606,000

• Cash

  -29.5%

  £87,391,000 → £61,630,000

• Net assets

  -5.6%

  £420,076,000 → £396,733,000

• Employees

  +1%

  872 → 881

• Operating profit

  -3.6%

  £76,399,000 → £73,633,000

• Profit before tax

  -25.3%

  £105,777,000 → £79,037,000

• Wages

  +6.4%

  £37,501,000 → £39,884,000

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