WEST FRASER EUROPE LIMITED
Operating as the European arm of West Fraser Timber Co Ltd, the company manufactures engineered wood panels and veneer sheets, having previously traded under the Norbord name.
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Cash
£40m
+133.8% highest in 3 filed years
Net assets
£306m
+2.2% vs 2024
Employees
461
-3.6% lowest in 3 filed years
Profit before tax
£498k
+103% first positive since 2024
Net assets
3-year trend · vs Basic Materials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £417,184,000 | £352,858,000 | £376,754,000 | +6.8% | |
| Operating profit | £7,439,000 | -£16,801,000 | -£19,000 | +99.9% | |
| Profit before tax | £7,013,000 | -£16,593,000 | £498,000 | +103% | |
| Net profit | £4,834,000 | -£12,182,000 | £6,421,000 | +152.7% | |
| Cash | £38,170,000 | £17,278,000 | £40,394,000 | +133.8% | |
| Total assets less current liabilities | £334,974,000 | £315,789,000 | £317,539,000 | +0.6% | |
| Net assets | £311,650,000 | £299,456,000 | £306,001,000 | +2.2% | |
| Equity | £311,650,000 | £299,456,000 | £306,001,000 | +2.2% | |
| Average employees | 646 | 478 | 461 | -3.6% | |
| Wages | £27,942,000 | £25,068,000 | £25,288,000 | +0.9% | |
| Directors' remuneration | £822,000 | £474,000 | £456,000 | -3.8% | |
| Directors' pension contributions | £26,000 | £38,000 | £37,000 | -2.6% | |
| Highest paid director | £620,000 | £340,000 | £352,000 | +3.5% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 1.8% | -4.8% | -0.0% | |
| Net margin | 1.2% | -3.5% | 1.7% | |
| Return on capital employed | 2.2% | -5.3% | -0.0% | |
| Gearing (liabilities / total assets) | 23.6% | 22.8% | 26.0% | |
| Current ratio | 1.86x | 1.64x | 1.50x | |
| Interest cover | 8.92x | — | -0.21x |
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.
Name history
Renamed 1 time since incorporation
- WEST FRASER EUROPE LIMITED 2023-07-03 → present
- NORBORD EUROPE LIMITED 2011-12-19 → 2023-07-03
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have assessed the ability of the Company to continue to operate in the normal course of business to be strong and robust. The Directors have considered the going concern status of the Company from several angles using a method consistent with that used to prepare the financial budget.”
Group structure
- WEST FRASER EUROPE LIMITED · parent
- West Fraser Europe NV 99.9%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GRAVITAS COMPANY SECRETARIAL SERVICES LIMITED | Corporate Secretary | 2026-02-13 | — | — |
| LAMPARD, Robin Anne | Director | 2014-05-21 | Oct 1967 | Canadian |
| MCMEEKIN, Alan Gordon | Director | 2011-12-19 | Jul 1968 | British |
| WEBB, George William | Director | 2026-04-01 | Jun 1962 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MCLEISH, Frederick Best | Director | 2011-12-21 | 2016-12-31 |
| MORRIS, Karl | Director | 2011-12-19 | 2019-02-28 |
| ROEBUCK, Stephen John | Director | 2018-04-05 | 2026-04-01 |
| SHINETON, John Barrie | Director | 2011-12-21 | 2016-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| West Fraser Holdco Ltd. | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 53 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-07-03 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-10-06 | AA | accounts | Accounts with accounts type full | |
| 2026-09-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-09-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-01 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-01 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-16 | CH01 | officers | Change person director company with change date | |
| 2026-02-25 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2026-02-24 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2026-02-24 | CH01 | officers | Change person director company with change date | |
| 2026-02-24 | CH01 | officers | Change person director company with change date | |
| 2026-02-24 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-09-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-09-23 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-12-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-20 | AA | accounts | Accounts with accounts type full | |
| 2023-12-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-20 | AA | accounts | Accounts with accounts type full | |
| 2023-07-03 | CERTNM | change-of-name | Certificate change of name company | |
| 2023-01-03 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 11
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 1
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.