glatfelter lydney, ltd.
glatfelter lydney, ltd. Company Information
Company Number
05734921
Website
www.glatfelter.comRegistered Address
lydney paper mill, church road, lydney, gloucestershire, GL15 5EJ
Industry
Manufacture of paper and paperboard
Telephone
01594842235
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
glatfelter gernsbach gmbh 100%
glatfelter lydney, ltd. Estimated Valuation
Pomanda estimates the enterprise value of GLATFELTER LYDNEY, LTD. at £70.5m based on a Turnover of £118m and 0.6x industry multiple (adjusted for size and gross margin).
glatfelter lydney, ltd. Estimated Valuation
Pomanda estimates the enterprise value of GLATFELTER LYDNEY, LTD. at £981.2k based on an EBITDA of £207k and a 4.74x industry multiple (adjusted for size and gross margin).
glatfelter lydney, ltd. Estimated Valuation
Pomanda estimates the enterprise value of GLATFELTER LYDNEY, LTD. at £103.1m based on Net Assets of £68.2m and 1.51x industry multiple (adjusted for liquidity).
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Glatfelter Lydney, Ltd. Overview
Glatfelter Lydney, Ltd. is a live company located in lydney, GL15 5EJ with a Companies House number of 05734921. It operates in the manufacture of paper and paperboard sector, SIC Code 17120. Founded in March 2006, it's largest shareholder is glatfelter gernsbach gmbh with a 100% stake. Glatfelter Lydney, Ltd. is a established, mega sized company, Pomanda has estimated its turnover at £118m with healthy growth in recent years.
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Glatfelter Lydney, Ltd. Health Check
Pomanda's financial health check has awarded Glatfelter Lydney, Ltd. a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
5 Weak
Size
annual sales of £118m, make it larger than the average company (£25m)
£118m - Glatfelter Lydney, Ltd.
£25m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a similar rate (6.4%)
7% - Glatfelter Lydney, Ltd.
6.4% - Industry AVG
Production
with a gross margin of 13.7%, this company has a higher cost of product (22.1%)
13.7% - Glatfelter Lydney, Ltd.
22.1% - Industry AVG
Profitability
an operating margin of -2.8% make it less profitable than the average company (5.7%)
-2.8% - Glatfelter Lydney, Ltd.
5.7% - Industry AVG
Employees
with 273 employees, this is above the industry average (101)
273 - Glatfelter Lydney, Ltd.
101 - Industry AVG
Pay Structure
on an average salary of £51.5k, the company has an equivalent pay structure (£46.1k)
£51.5k - Glatfelter Lydney, Ltd.
£46.1k - Industry AVG
Efficiency
resulting in sales per employee of £432.4k, this is more efficient (£283k)
£432.4k - Glatfelter Lydney, Ltd.
£283k - Industry AVG
Debtor Days
it gets paid by customers after 24 days, this is earlier than average (54 days)
24 days - Glatfelter Lydney, Ltd.
54 days - Industry AVG
Creditor Days
its suppliers are paid after 48 days, this is quicker than average (54 days)
48 days - Glatfelter Lydney, Ltd.
54 days - Industry AVG
Stock Days
it holds stock equivalent to 96 days, this is more than average (44 days)
96 days - Glatfelter Lydney, Ltd.
44 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (5 weeks)
0 weeks - Glatfelter Lydney, Ltd.
5 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 27.2%, this is a lower level of debt than the average (44.2%)
27.2% - Glatfelter Lydney, Ltd.
44.2% - Industry AVG
GLATFELTER LYDNEY, LTD. financials
Glatfelter Lydney, Ltd.'s latest turnover from December 2022 is £118 million and the company has net assets of £68.2 million. According to their latest financial statements, Glatfelter Lydney, Ltd. has 273 employees and maintains cash reserves of £112 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 118,036,000 | 94,856,000 | 95,838,000 | 96,703,000 | 91,626,000 | 82,518,000 | 67,869,000 | 66,867,000 | 67,201,000 | 74,802,000 | 66,189,000 | 70,831,000 | 62,666,000 | 58,564,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 101,859,000 | 89,114,000 | 82,246,000 | 78,865,000 | 73,632,000 | 66,767,000 | 55,288,000 | 52,694,000 | 53,511,000 | 57,262,000 | 54,196,000 | 56,466,000 | 50,696,000 | 48,099,000 |
| Gross Profit | 16,177,000 | 5,742,000 | 13,592,000 | 17,838,000 | 17,994,000 | 15,751,000 | 12,581,000 | 14,173,000 | 13,690,000 | 17,540,000 | 11,993,000 | 14,365,000 | 11,970,000 | 10,465,000 |
| Admin Expenses | 19,453,000 | 12,275,000 | 8,102,000 | 7,491,000 | 8,724,000 | 8,352,000 | 7,519,000 | 16,342,000 | 6,089,000 | 6,329,000 | 7,289,000 | 6,855,000 | 6,807,000 | 6,799,000 |
| Operating Profit | -3,276,000 | -6,533,000 | 5,490,000 | 10,347,000 | 9,270,000 | 7,399,000 | 5,062,000 | -2,169,000 | 7,601,000 | 11,211,000 | 4,704,000 | 7,510,000 | 5,163,000 | 3,666,000 |
| Interest Payable | 120,000 | 3,000 | 1,000 | 1,000 | 52,000 | 121,000 | 91,000 | 144,000 | 696,000 | 708,000 | 740,000 | 811,000 | 961,000 | 1,212,000 |
| Interest Receivable | 80,000 | 135,000 | 149,000 | 126,000 | 0 | 0 | 48,000 | 415,000 | 239,000 | 140,000 | 117,000 | 210,000 | 248,000 | |
| Pre-Tax Profit | -3,316,000 | -6,401,000 | 5,638,000 | 10,472,000 | 9,320,000 | 7,344,000 | 4,971,000 | -2,265,000 | 7,320,000 | 10,742,000 | 4,104,000 | 6,816,000 | 4,412,000 | 2,702,000 |
| Tax | 475,000 | 278,000 | -1,209,000 | -1,819,000 | -1,825,000 | -1,458,000 | -603,000 | -1,305,000 | -1,639,000 | -2,201,000 | -942,000 | -1,263,000 | 0 | 0 |
| Profit After Tax | -2,841,000 | -6,123,000 | 4,429,000 | 8,653,000 | 7,495,000 | 5,886,000 | 4,368,000 | -3,570,000 | 5,681,000 | 8,541,000 | 3,162,000 | 5,553,000 | 4,412,000 | 2,702,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -2,841,000 | -6,123,000 | 4,429,000 | 8,653,000 | 7,495,000 | 5,886,000 | 4,368,000 | -3,570,000 | 5,681,000 | 8,541,000 | 3,162,000 | 5,553,000 | 4,412,000 | 2,702,000 |
| Employee Costs | 14,046,000 | 14,438,000 | 13,522,000 | 12,653,000 | 12,714,000 | 12,391,000 | 12,186,000 | 10,415,000 | 11,396,000 | 11,493,000 | 11,247,000 | 11,044,000 | 10,452,000 | 9,673,000 |
| Number Of Employees | 273 | 279 | 276 | 281 | 271 | 266 | 261 | 272 | 287 | 289 | 287 | 287 | 279 | 276 |
| EBITDA* | 207,000 | -3,383,000 | 8,580,000 | 13,388,000 | 12,086,000 | 10,181,000 | 7,750,000 | 371,000 | 9,974,000 | 13,439,000 | 6,784,000 | 9,441,000 | 7,049,000 | 5,490,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 31,532,000 | 32,695,000 | 31,670,000 | 32,715,000 | 34,915,000 | 33,806,000 | 34,234,000 | 33,827,000 | 31,597,000 | 31,270,000 | 30,796,000 | 31,395,000 | 29,686,000 | 30,974,000 |
| Intangible Assets | 0 | 0 | 0 | 25,000 | 147,000 | 269,000 | 391,000 | 513,000 | 635,000 | 757,000 | 879,000 | 1,001,000 | 1,123,000 | 1,245,000 |
| Investments & Other | 2,505,000 | 2,505,000 | 2,505,000 | 2,505,000 | 0 | 2,505,000 | 2,505,000 | 2,505,000 | 12,920,000 | 12,920,000 | 12,920,000 | 12,920,000 | 12,920,000 | 4,049,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12,484,000 | 13,891,000 | 5,259,000 | 4,956,000 | 4,773,000 | 12,880,000 |
| Total Fixed Assets | 34,037,000 | 35,200,000 | 34,175,000 | 35,245,000 | 35,062,000 | 36,580,000 | 37,130,000 | 36,845,000 | 57,636,000 | 58,838,000 | 49,854,000 | 50,272,000 | 48,502,000 | 49,148,000 |
| Stock & work in progress | 26,953,000 | 21,779,000 | 19,778,000 | 20,466,000 | 15,319,000 | 13,143,000 | 16,100,000 | 12,337,000 | 10,068,000 | 9,508,000 | 11,182,000 | 10,135,000 | 7,941,000 | 7,947,000 |
| Trade Debtors | 7,963,000 | 5,819,000 | 5,442,000 | 7,206,000 | 7,961,000 | 7,612,000 | 9,085,000 | 6,374,000 | 5,497,000 | 6,478,000 | 6,825,000 | 5,586,000 | 8,970,000 | 9,063,000 |
| Group Debtors | 19,814,000 | 25,740,000 | 31,524,000 | 25,506,000 | 0 | 17,658,000 | 10,543,000 | 3,736,000 | 6,775,000 | 3,347,000 | 1,988,000 | 3,381,000 | 1,283,000 | 877,000 |
| Misc Debtors | 4,783,000 | 2,807,000 | 1,210,000 | 1,974,000 | 0 | 1,231,000 | 1,173,000 | 643,000 | 851,000 | 664,000 | 403,000 | 508,000 | 385,000 | 705,000 |
| Cash | 112,000 | 749,000 | 575,000 | 749,000 | 486,000 | 15,000 | 561,000 | 1,212,000 | 1,359,000 | 5,314,000 | 5,433,000 | 4,021,000 | 3,730,000 | 1,744,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 59,625,000 | 56,894,000 | 58,529,000 | 55,901,000 | 44,698,000 | 39,659,000 | 37,462,000 | 24,302,000 | 24,550,000 | 25,311,000 | 25,831,000 | 23,631,000 | 22,309,000 | 20,336,000 |
| total assets | 93,662,000 | 92,094,000 | 92,704,000 | 91,146,000 | 79,760,000 | 76,239,000 | 74,592,000 | 61,147,000 | 82,186,000 | 84,149,000 | 75,685,000 | 73,903,000 | 70,811,000 | 69,484,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 13,416,000 | 10,261,000 | 7,818,000 | 10,842,000 | 7,099,000 | 6,852,000 | 4,916,000 | 4,685,000 | 3,794,000 | 4,461,000 | 3,880,000 | 3,794,000 | 3,235,000 | 1,011,000 |
| Group/Directors Accounts | 2,735,000 | 1,810,000 | 1,319,000 | 1,087,000 | 0 | 6,980,000 | 11,589,000 | 3,312,000 | 841,000 | 832,000 | 5,935,000 | 5,552,000 | 5,089,000 | 4,081,000 |
| other short term finances | 11,000 | 42,000 | 9,000 | 22,000 | 2,482,000 | 0 | 62,000 | 23,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 5,474,000 | 4,639,000 | 3,046,000 | 3,485,000 | 0 | 2,852,000 | 4,468,000 | 4,075,000 | 4,081,000 | 4,574,000 | 3,060,000 | 3,071,000 | 2,710,000 | 2,141,000 |
| total current liabilities | 21,636,000 | 16,752,000 | 12,192,000 | 15,436,000 | 12,755,000 | 16,684,000 | 21,035,000 | 12,095,000 | 8,716,000 | 9,867,000 | 12,875,000 | 12,417,000 | 11,034,000 | 7,233,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20,833,000 | 27,501,000 | 24,993,000 | 27,772,000 | 32,879,000 | 48,636,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 3,854,000 | 4,329,000 | 3,376,000 | 3,003,000 | 0 | 2,996,000 | 2,884,000 | 2,747,000 | 2,762,000 | 2,627,000 | 2,204,000 | 1,263,000 | 0 | 0 |
| total long term liabilities | 3,854,000 | 4,329,000 | 3,376,000 | 3,003,000 | 2,951,000 | 2,996,000 | 2,884,000 | 2,747,000 | 23,595,000 | 30,128,000 | 27,197,000 | 29,035,000 | 32,879,000 | 48,636,000 |
| total liabilities | 25,490,000 | 21,081,000 | 15,568,000 | 18,439,000 | 15,706,000 | 19,680,000 | 23,919,000 | 14,842,000 | 32,311,000 | 39,995,000 | 40,072,000 | 41,452,000 | 43,913,000 | 55,869,000 |
| net assets | 68,172,000 | 71,013,000 | 77,136,000 | 72,707,000 | 64,054,000 | 56,559,000 | 50,673,000 | 46,305,000 | 49,875,000 | 44,154,000 | 35,613,000 | 32,451,000 | 26,898,000 | 13,615,000 |
| total shareholders funds | 68,172,000 | 71,013,000 | 77,136,000 | 72,707,000 | 64,054,000 | 56,559,000 | 50,673,000 | 46,305,000 | 49,875,000 | 44,154,000 | 35,613,000 | 32,451,000 | 26,898,000 | 13,615,000 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -3,276,000 | -6,533,000 | 5,490,000 | 10,347,000 | 9,270,000 | 7,399,000 | 5,062,000 | -2,169,000 | 7,601,000 | 11,211,000 | 4,704,000 | 7,510,000 | 5,163,000 | 3,666,000 |
| Depreciation | 3,483,000 | 3,150,000 | 3,065,000 | 2,919,000 | 2,816,000 | 2,660,000 | 2,566,000 | 2,418,000 | 2,251,000 | 2,106,000 | 1,958,000 | 1,809,000 | 1,764,000 | 1,702,000 |
| Amortisation | 0 | 0 | 25,000 | 122,000 | 122,000 | 122,000 | 122,000 | 122,000 | 122,000 | 122,000 | 122,000 | 122,000 | 122,000 | |
| Tax | 475,000 | 278,000 | -1,209,000 | -1,819,000 | -1,825,000 | -1,458,000 | -603,000 | -1,305,000 | -1,639,000 | -2,201,000 | -942,000 | -1,263,000 | 0 | 0 |
| Stock | 5,174,000 | 2,001,000 | -688,000 | 5,147,000 | 2,176,000 | -2,957,000 | 3,763,000 | 2,269,000 | 560,000 | -1,674,000 | 1,047,000 | 2,194,000 | -6,000 | 7,947,000 |
| Debtors | -1,806,000 | -3,810,000 | 3,490,000 | 26,725,000 | -18,540,000 | 5,700,000 | 10,048,000 | -14,854,000 | 1,227,000 | 9,905,000 | 44,000 | -980,000 | -8,114,000 | 23,525,000 |
| Creditors | 3,155,000 | 2,443,000 | -3,024,000 | 3,743,000 | 247,000 | 1,936,000 | 231,000 | 891,000 | -667,000 | 581,000 | 86,000 | 559,000 | 2,224,000 | 1,011,000 |
| Accruals and Deferred Income | 835,000 | 1,593,000 | -439,000 | 3,485,000 | -2,852,000 | -1,616,000 | 393,000 | -6,000 | -493,000 | 1,514,000 | -11,000 | 361,000 | 569,000 | 2,141,000 |
| Deferred Taxes & Provisions | -475,000 | 953,000 | 373,000 | 3,003,000 | -2,996,000 | 112,000 | 137,000 | -15,000 | 135,000 | 423,000 | 941,000 | 1,263,000 | 0 | 0 |
| Cash flow from operations | 829,000 | 3,693,000 | 1,479,000 | -10,072,000 | 6,412,000 | -5,903,000 | 12,521,000 | 5,523,000 | 5,525,000 | 5,767,000 | 9,147,000 | 17,962,000 | -22,830,000 | |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 2,505,000 | -2,505,000 | 0 | 0 | -10,415,000 | 0 | 0 | 0 | 0 | 8,871,000 | 4,049,000 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 925,000 | 491,000 | 232,000 | 1,087,000 | -6,980,000 | -4,609,000 | 8,277,000 | 2,471,000 | 9,000 | -5,103,000 | 383,000 | 463,000 | 1,008,000 | 4,081,000 |
| Other Short Term Loans | -31,000 | 33,000 | -13,000 | -2,460,000 | 2,482,000 | -62,000 | 39,000 | 23,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -20,833,000 | -6,668,000 | 2,508,000 | -2,779,000 | -5,107,000 | -15,757,000 | 48,636,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -40,000 | 132,000 | 148,000 | 125,000 | -121,000 | -91,000 | -96,000 | -281,000 | -469,000 | -600,000 | -694,000 | -751,000 | -964,000 | |
| cash flow from financing | 854,000 | 656,000 | 367,000 | -1,248,000 | -4,792,000 | 8,225,000 | -18,435,000 | -6,900,000 | -3,064,000 | -2,996,000 | -5,338,000 | -6,629,000 | 62,666,000 | |
| cash and cash equivalents | ||||||||||||||
| cash | -637,000 | 174,000 | -174,000 | 263,000 | 471,000 | -546,000 | -651,000 | -147,000 | -3,955,000 | -119,000 | 1,412,000 | 291,000 | 1,986,000 | 1,744,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -637,000 | 174,000 | -174,000 | 263,000 | 471,000 | -546,000 | -651,000 | -147,000 | -3,955,000 | -119,000 | 1,412,000 | 291,000 | 1,986,000 | 1,744,000 |
glatfelter lydney, ltd. Credit Report and Business Information
Glatfelter Lydney, Ltd. Competitor Analysis
Perform a competitor analysis for glatfelter lydney, ltd. by selecting its closest rivals and benchmarking them against 12 key performance metrics.
glatfelter lydney, ltd. Ownership
GLATFELTER LYDNEY, LTD. group structure
Glatfelter Lydney, Ltd. has 1 subsidiary company.
Ultimate parent company
P H GLATFELTER CO INC
#0070932
GLATFELTER GERNSBACH GMBH
#0037806
2 parents
GLATFELTER LYDNEY, LTD.
05734921
1 subsidiary
glatfelter lydney, ltd. directors
Glatfelter Lydney, Ltd. currently has 3 directors. The longest serving directors include Ms Patricia Sargeant (Oct 2019) and Mr Paul Wolfram (Sep 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Patricia Sargeant | 52 years | Oct 2019 | - | Director | |
| Mr Paul Wolfram | 48 years | Sep 2022 | - | Director | |
| Mr Valentin Ackermann | 34 years | Sep 2022 | - | Director |
P&L
December 2022turnover
118m
+24%
operating profit
-3.3m
-50%
gross margin
13.8%
+126.4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
68.2m
-0.04%
total assets
93.7m
+0.02%
cash
112k
-0.85%
net assets
Total assets minus all liabilities
glatfelter lydney, ltd. company details
company number
05734921
Type
Private limited with Share Capital
industry
17120 - Manufacture of paper and paperboard
incorporation date
March 2006
age
18
accounts
Full Accounts
ultimate parent company
previous names
glatfelter - uk, ltd. (March 2007)
incorporated
UK
address
lydney paper mill, church road, lydney, gloucestershire, GL15 5EJ
last accounts submitted
December 2022
glatfelter lydney, ltd. Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 1 charges/mortgages relating to glatfelter lydney, ltd.. Currently there are 1 open charges and 0 have been satisfied in the past.
glatfelter lydney, ltd. Companies House Filings - See Documents
| date | description | view/download |
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