I suggest avoiding composite wood. It's made with sawdust and can swell if immersed long enough.
I found a small poly cutting board at a Dollar Store. It was about 1/4" to 5/16" thick and I cut
out the spacer I needed for my through hull. I used 4200 (not 5200) and it looks like it
sticks just fine after 5 years.
Peter
1981 32' sedan bridge
twin Chrysler 360 cu. in. 250 hp engines
Raw water cooled
Nimbus II
Home port: New Buffalo, MI