GLATFELTER CAERPHILLY LIMITED

1. GLATFELTER CAERPHILLY LIMITED 2007-12-19 → present
2. METALLISED PRODUCTS LIMITED 2004-11-12 → 2007-12-19

Latest accounts filed cover 2024-12-31; financial figures currently reflect up to 2024-12-28.

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

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company is experiencing a challenging economic environment driven by competition and dependence on a small number of suppliers; however, the directors believe the company has a number of strengths that lessen the effect of the current climate. The customer base is varied and geographically diverse. The business is chiefly financed by cash at bank and a cash pooling facility from within the Magnera group. The directors expect that adequate funds will continue to be available in the future through the group financing arrangement. This is evidenced by written confirmation of support from Magnera Corporation Inc, received in July 2025, which states that it will provide the necessary financial support to ensure that the company will continue to meet its liabilities for at least 12 months from the date of approval of these annual financial statements. Whilst considering the ability of the ultimate parent company to provide financial support the directors have reviewed Magnera Corporation Inc operating results for Q1 2025, the quarterly results to 29 March 2025 and future forecasts and are satisfied that the ultimate parent company is in a position to provide the necessary financial support. After making enquiries and taking account of the factors noted above, the directors have a reasonable expectation that the company will have access to adequate resources to continue in existence for the foreseeable future. The financial statements have therefore been prepared on the going concern basis.”

Significant events

• “On 16 May 2025, the Company started a non-cancellable lease agreement for the building and land located at Pontygwindy Industrial Estate, CF83 3HU. The lease term is for three years, commencing on 16 May 2025, with annual minimum lease payments of £278,000. This event occurred after the balance sheet date but before the date these financial statements were authorised for issue.”

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

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  +9.4%

  £19,014,000 → £20,802,000

• Cash

  -64.6%

  £449,000 → £159,000

• Net assets

  +8.2%

  £3,508,000 → £3,797,000

• Employees

  0%

  56 → 56

• Operating profit

  +182.8%

  -£664,000 → £550,000

• Profit before tax

  +145.2%

  -£881,000 → £398,000

• Wages

  +13.1%

  £1,943,000 → £2,198,000

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

Heads up: a more recent set of accounts has been filed but isn't yet reflected here — the figures above are older than the company's latest filing.