Shotton Mill Limited

Shotton Mill Limited, based in Deeside, UK, is a large holding company with an active status, established four years ago. Employing 169 people, the company holds assets worth £43,459,315 and generates a yearly revenue of £38,522,101. It operates from a real address and is overseen by two directors and one owner. Google users rate it 3.0 based on seven reviews. The company regularly imports machinery, boilers, and mechanical appliances, parts, while irregularly exporting glass and glassware.

Shotton Mill Limited is focused on manufacturing paper and paperboard, with a significant investment in a new, technologically advanced paper mill in Deeside. This mill, being constructed by Eren Holding, aims to produce 750,000 tonnes of containerboard and 67,000 tonnes of tissue paper annually, with potential for expansion. The company emphasizes sustainability, utilizing recycled materials and biomass for energy. Its website highlights a commitment to decarbonization and efficiency, showcasing a team of industry professionals and a rich industrial legacy.

Financially, Shotton Mill Limited presents a mixed picture. While current assets increased by a respectable 47% to £43 million, net assets soared by 130% to £170 million—a strong indicator of growth. However, bank borrowings jumped significantly, reaching £5 million, and cash reserves experienced a substantial decrease of 50% to £22 million. Creditors also increased by 43%, suggesting a greater reliance on external financing. Despite these challenges, turnover remained steady at £38.5 million. The company’s large size (meeting two of three criteria for a large company) and the lack of an auditor mentioned (likely exempt) mean the figures are unaudited.

It appears Shotton Mill Limited is navigating a period of expansion and investment, with the new mill representing a major undertaking. The increase in bank borrowings and decrease in cash reserves may be related to this investment, but the strong growth in net assets suggests the company is well-positioned for the future.

Registered in England/Wales under the registration number 13074427, with a registered address at CH5 2LW, Wales, Deeside, Shotton Mill Ltd Weighbridge Road, Deeside Industrial Park.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.