METSA TISSUE LIMITED

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. METSA TISSUE LIMITED 1998-03-03 → present
2. METSA-SERLA TISSUE LIMITED 1993-09-24 → 1998-03-03
3. SPEED 3731 LIMITED 1993-08-05 → 1993-09-24

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

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis which the Directors consider to be appropriate. This assessment is dependent on the Company's Sister Company, Metsäliitto Group Treasury Oy, continuing to make funds available under cash pooling and providing additional funds where necessary.”

Significant events

• “September 2021 saw Metsä Tissue OYJ announce its intention to invest in a UK mill, with initial production expected to begin 2030, with a ramp up in volumes thereafter to a maximum capacity of 240,000 tons per annum.”
• “In September 2023 it was announced that the location of the new facility will be Goole, East Riding of Yorkshire and in November 2023, the organisation held its first, external public meeting.”
• “December 2024 saw the first contract win in the consumer market; supply commenced in July 2025.”
• “The ongoing war in Ukraine caused supply chain complexity and caused dramatic cost fluctuations, and stock shortages as a result.”
• “After the success of the 1st Metsä Tissue Sustainability Awards in 2023, 2024 was spent planning for the 2nd Awards event that took place at Canary Wharf, London on 19th March 2025.”
• “The Company has entered into a £7M loan agreement with a sister company within the Group in relation to the funding towards the new production facility, the loan is repayable on 31 March 2033.”
• “During the first half of 2025 the Company has also entered into an agreement for a new warehouse near Goole.”

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

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

4

last 12 months

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

• Turnover

  +5%

  £51,035,000 → £53,564,000

• Cash

  —

  Not reported

• Net assets

  +8.6%

  £8,678,000 → £9,420,000

• Employees

  +15.8%

  19 → 22

• Operating profit

  -53.2%

  £2,388,000 → £1,117,000

• Profit before tax

  -54.6%

  £2,376,000 → £1,079,000

• Wages

  +9.6%

  £1,517,000 → £1,663,000

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