GLATFELTER LYDNEY, LTD.
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Next accounts due
2026-06-30 (in 1mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-22 (in 10mo)
Last made up 2026-03-08
Watchouts
Cash
£230K
+27.8% vs 2023
Net assets
£69M
+0.5% vs 2023
Employees
243
-6.5% vs 2023
Profit before tax
£574K
+63.5% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Name history
Renamed 1 time since incorporation
- GLATFELTER LYDNEY, LTD. 2007-03-09 → present
- GLATFELTER - UK, LTD. 2006-03-08 → 2007-03-09
Net assets
2-year trend · vs Basic Materials median
Accounts
2-year trend · latest reflected 2024-12-28
Latest accounts filed cover 2024-12-31; financial figures currently reflect up to 2024-12-28.
| Metric | Trend | 2023-12-31 | 2024-12-28 |
|---|---|---|---|
| Turnover | £100,554,000 | £84,226,000 | |
| Operating profit | £184,000 | £526,000 | |
| Profit before tax | £351,000 | £574,000 | |
| Net profit | £178,000 | £350,000 | |
| Cash | £180,000 | £230,000 | |
| Total assets less current liabilities | £72,376,000 | £72,950,000 | |
| Net assets | £68,350,000 | £68,700,000 | |
| Equity | £68,350,000 | £68,700,000 | |
| Average employees | 260 | 243 | |
| Wages | £11,448,000 | £11,642,000 |
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 | Trend | 2023-12-31 | 2024-12-28 |
|---|---|---|---|
| Operating margin | 0.2% | 0.6% | |
| Net margin | 0.2% | 0.4% | |
| Return on capital employed | 0.3% | 0.7% | |
| Current ratio | 3.38x | 5.38x | |
| Interest cover | 2.11x | 4.17x |
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
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“As stated above the current economic climate remains very challenging for the business; however, the directors believe the Company has a number of strengths which will sustain it through the current climate.”
Group structure
- GLATFELTER LYDNEY, LTD. · parent
- Glatfelter Caerphilly Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 22 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FORSELL, Michele | Director | 2025-05-15 | Feb 1967 | American |
| GOMEZ, David Cortes | Director | 2025-10-20 | Aug 1977 | Spanish |
| LATTEN, Kenneth Dean | Director | 2025-11-01 | Aug 1984 | Welsh |
| UREY, Jill L | Director | 2024-08-30 | Sep 1966 | American |
Show 22 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| JACKSON, Thomas | Secretary | 2008-06-03 | 2009-04-30 |
| NORTON, Jeffrey | Secretary | 2006-03-08 | 2008-07-03 |
| QUAYSECO LIMITED | Corporate Secretary | 2010-03-03 | 2024-11-08 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 2006-03-08 | 2006-03-08 |
| ACKERMANN, Valentin | Director | 2022-09-06 | 2025-09-15 |
| ATHERLEY, Julian | Director | 2009-04-30 | 2010-03-31 |
| CARSCADDEN, David | Director | 2016-12-11 | 2021-05-12 |
| COBB, Timothy Alan | Director | 2022-02-28 | 2023-07-11 |
| CUTILLAS, Hubert Florian | Director | 2021-08-23 | 2022-09-06 |
| FOULDS, David | Director | 2013-06-14 | 2016-12-11 |
| JACKSON, Thomas | Director | 2010-04-19 | 2011-11-10 |
| JACUNSKI, John | Director | 2006-03-08 | 2009-04-30 |
| NORTON, Jeffrey | Director | 2006-03-13 | 2008-07-03 |
| PARRINI, Dante | Director | 2006-03-08 | 2009-04-30 |
| RAPP, Martin, Herr | Director | 2009-04-30 | 2019-09-30 |
| SARGEANT, Patricia | Director | 2019-10-01 | 2025-05-15 |
| SCHALK, Achim | Director | 2025-05-15 | 2025-10-31 |
| SCHIEBELER, Reinhard, Dr | Director | 2010-02-28 | 2017-07-27 |
| SEVOZ, Philippe | Director | 2019-10-01 | 2021-03-31 |
| SHETTIGAR, Ramesh | Director | 2021-08-23 | 2022-12-30 |
| WANNEMACHER, Amy | Director | 2011-11-10 | 2022-02-28 |
| WOLFRAM, Paul G. | Director | 2022-09-06 | 2025-01-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Glatfelter Corporation | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2016-04-06 |
| Magnera Corporation | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 124 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-11-30 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-05 | AD02 | address | Change sail address company with old address new address | |
| 2026-03-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-26 | CH01 | officers | Change person director company with change date | |
| 2025-12-08 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-31 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-21 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-20 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-16 | AA01 | accounts | Change account reference date company current shortened | |
| 2025-09-05 | AA | accounts | Accounts with accounts type full | |
| 2025-07-02 | RP04TM01 | officers | Second filing of director termination with name | |
| 2025-05-28 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-28 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-27 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-05-27 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-05-27 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-27 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-28 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-03-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-20 | AA | accounts | Accounts with accounts type full | |
| 2024-11-30 | MA | incorporation | Memorandum articles |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 16
- Capital events
- 0
- Officers appointed
- 3
- Officers resigned
- 3
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-28 vs 2023-12-31
-
Turnover
-16.2%
£100,554,000 £84,226,000
-
Cash
+27.8%
£180,000 £230,000
-
Net assets
+0.5%
£68,350,000 £68,700,000
-
Employees
-6.5%
260 243
-
Operating profit
+185.9%
£184,000 £526,000
-
Profit before tax
+63.5%
£351,000 £574,000
-
Wages
+1.7%
£11,448,000 £11,642,000
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.