BSW TIMBER SOLUTIONS LTD

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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-09-23 (in 4mo)

Last made up 2025-09-09

Watchouts

None on the register

Cash

£2M

-76.3% vs 2023

Net assets

£16M

-45% vs 2023

Employees

300

-6.8% vs 2023

Profit before tax

£10M

+6.8% vs 2023

Name history

Renamed 5 times since incorporation

BSW TIMBER SOLUTIONS LTD 2021-02-26 → present
SCA WOOD UK LTD 2018-07-17 → 2021-02-26
SCA TIMBER SUPPLY LIMITED 2004-04-21 → 2018-07-17
SCA TIMBER (UK) LIMITED 1997-01-14 → 2004-04-21
SCA TIMBER HOLDINGS LIMITED 1991-07-31 → 1997-01-14
SHELLFAIR LIMITED 1990-09-20 → 1991-07-31

Net assets

2-year trend · vs Basic Materials median

BSW TIMBER SOLUTIONS LTD·Basic Materials median · n=623

Accounts

2-year trend · latest reflected 2024-12-31

Metric	2023-12-31	2024-12-31
Turnover	£184,245,000	£175,269,000
Operating profit	£10,071,000	£9,782,000
Profit before tax	£9,773,000	£10,434,000
Net profit	£7,392,000	£7,764,000
Cash	£7,452,000	£1,766,000
Total assets less current liabilities	£30,302,000	£17,145,000
Net assets	£29,384,000	£16,162,000
Equity	£29,384,000	£16,162,000
Average employees	322	300
Wages	£11,499,000	£10,781,000

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio	2023-12-31	2024-12-31
Operating margin	5.5%	5.6%
Net margin	4.0%	4.4%
Return on capital employed	33.2%	57.1%
Current ratio	1.73x	1.24x
Interest cover	28.94x	57.20x

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.

Audit & accounting basis

Accounting basis: FRS 102
Reporting scope: Standalone (parent only)
Auditor: PricewaterhouseCoopers LLP
Audit opinion: Unqualified (clean)
Going concern: Affirmed
“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 financial statements are authorised for issue.”

Group structure

BSW TIMBER SOLUTIONS LTD · parent
1. Swedscot Timber Limited 100% · United Kingdom · dormant

Significant events

“In 2024, the wider BSW Group established the BSW Community Support Committee.”
“During the year the Company took the decision to liquidate its 100% owned dormant subsidiary, Swedscot Timber Limited.”
“The shareholders approved this limited liability agreement, as required by Companies Act 2006, by a resolution dated 6 September 2024.”

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

People

2 active · 33 resigned

Name	Role	Appointed	Born	Nationality
MCKAY, John Bruce	Director	2016-09-05	Jul 1964	British
MILNE, Alan Graham	Director	2020-12-01	Nov 1982	British

Show 33 resigned officers

Name	Role	Appointed	Resigned
BURTON, Peter Tom	Secretary	—	1996-04-18
DRISCOLL, Jeanette	Secretary	1997-01-01	2003-10-03
MILLS, Raymond Alan	Secretary	2003-09-09	2021-12-22
NILSSON, Peter Olof	Secretary	1996-04-18	1997-01-01
BLAKE, John Henry	Director	2004-01-01	2006-12-31
BOWER, Jonathan Mark	Director	2009-09-09	2012-04-30
DRISCOLL, Jeanette	Director	1998-01-01	2003-10-03
EK, Anders Ingvar	Director	1997-10-01	2017-12-21
EMSLEY, Neil Foxhall	Director	2007-01-01	2014-01-07
FISHER, Jeffrey	Director	2009-09-09	2011-04-30
FRIDH, Goran	Director	2001-10-17	2009-09-09
GARNER, Andrew Stanley	Director	2004-01-01	2006-12-31
GRIFFITHS, Emyrs John	Director	2013-11-25	2020-12-01
HACKNEY, Anthony Malcolm	Director	2020-12-01	2023-07-31
HENNINGSSON, Per Markus	Director	2017-12-21	2020-12-01
HILDINSON, Nils Ola Stefan	Director	—	1994-04-01
JONES, Neil	Director	2013-11-25	2014-03-03
KENNY, Michael Anthony	Director	2014-04-01	2015-03-06
KING, Stephen	Director	2003-01-01	2020-12-01
KVARNUNG, Mats Josef	Director	1997-09-30	2000-02-25
LARSSON, Kurt Olof Jerry	Director	2020-01-16	2020-12-01
LARSSON, Ulf	Director	2003-01-01	2009-09-09
LEONARDSSON, Ulric	Director	1998-01-01	2000-08-04
LLOYD, John Michael	Director	2015-06-29	2016-12-16
MILLS, Raymond Alan	Director	2003-09-09	2021-12-22
NILSSON, Peter Olof	Director	1997-01-01	1997-09-30
NORDIN, Carl Hugo Kettil	Director	1995-02-01	1997-01-01
OLOFSSON, Mats Georg	Director	1997-10-01	1998-09-07
OWEN, Anthony John	Director	—	1995-02-28
SANDGREN, Mats Henning Rune	Director	2001-10-17	2002-12-31
SIMPSON, Robert Kirk	Director	2000-03-20	2012-10-17
SUNDIN, Erik Tommy	Director	1994-04-01	1997-10-31
WILHELMSSON, Nils Lenmart	Director	2003-01-01	2009-09-09

Ownership

Persons with significant control

Name	Kind	Nature of control	Notified	Status
Bsw Timber Limited	Corporate entity	Shares 75–100%, Voting 75–100%, Appoints directors	2020-12-01	Active
Svenska Cellulosa Aktiebolaget Sca	Corporate entity	Shares 75–100%	2016-04-06	Ceased 2020-12-01

Filing timeline

Last 20 of 185 total filings

Material constitutional events — rename, articles re-file, resolution

2021-02-26 RESOLUTIONS Resolution PDF

Date	Type	Category	Description
2025-12-23	PSC05	persons-with-significant-control	Change to a person with significant control	PDF
2025-09-30	AA	accounts	Accounts with accounts type full
2025-09-09	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2025-08-01	CH01	officers	Change person director company with change date	PDF
2024-10-04	AA	accounts	Accounts with accounts type full
2024-09-16	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2023-10-09	AA	accounts	Accounts with accounts type full
2023-09-12	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2023-09-01	TM01	officers	Termination director company with name termination date	PDF
2022-09-20	AA	accounts	Accounts with accounts type full
2022-09-09	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2022-03-24	MR04	mortgage	Mortgage satisfy charge full	PDF
2022-03-24	MR04	mortgage	Mortgage satisfy charge full	PDF
2022-01-04	AA01	accounts	Change account reference date company previous extended
2021-12-22	TM01	officers	Termination director company with name termination date	PDF
2021-12-22	TM02	officers	Termination secretary company with name termination date	PDF
2021-09-29	AA	accounts	Accounts with accounts type group
2021-09-16	CS01	confirmation-statement	Confirmation statement with updates	PDF
2021-06-15	AA01	accounts	Change account reference date company current shortened	PDF
2021-02-26	RESOLUTIONS	resolution	Resolution	PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings: 4
Capital events: 0
Officers appointed: 0
Officers resigned: 0

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

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Turnover

-4.9%

£184,245,000 £175,269,000
Cash

-76.3%

£7,452,000 £1,766,000
Net assets

-45%

£29,384,000 £16,162,000
Employees

-6.8%

322 300
Operating profit

-2.9%

£10,071,000 £9,782,000
Profit before tax

+6.8%

£9,773,000 £10,434,000
Wages

-6.2%

£11,499,000 £10,781,000

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

Official Companies House page