Morrow Brothers Limited

Morrow Brothers Ltd from Preston UK: a small, active company founded 40 years ago, employs 21 people, and holds £489,086 in assets. It’s a real address with four directors, though surprisingly, no owners are listed. The company regularly imports iron or steel products (10 months) and exports them (3 months).

Morrow Brothers Ltd specializes in cask and keg repair, operating from the Walton Summit Centre in Bamber Bridge. For nearly 55 years, they’ve served breweries, processing over 25 million containers since 1969 and exporting globally. They’re a family business, with three generations working there, and have invested heavily in reducing their carbon footprint, switching to electric forklifts and solar panels. The company is at the centre of a circular economy, refurbishing reusable assets. They are European agents for Bevboost.

Financially, Morrow Brothers Ltd shows some interesting trends. Accrued liabilities decreased significantly by 68%, a positive sign. However, bank borrowings also dropped by 48%, and net assets declined by 15%. Creditors increased by 37%, which could indicate a reliance on credit. The company’s small size (meeting two of three conditions for a small company) helps with agility, but the decrease in equity is something to watch. There’s no auditor mentioned, likely due to the small company exemption, so these are unaudited figures.

The company’s focus on repair and refurbishment, alongside its commitment to sustainability, suggests a business model that’s both practical and forward-thinking. It’s a company that’s been around a long time, but it’s clearly adapting to modern challenges.

Registered in England/Wales under the registration number 01885223, with a registered address at PR5 8AR, Preston, Lancashire, 433 Walton Summit Centre, Bamber Bridge.

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