The Williamson Group Limited

The Williamson Group Limited is a large, active company established 67 years ago, back in 1957. Based in Inverness, Scotland, it employs 112 people and holds assets worth £2,506,218. The company operates from a real address and is directed by two individuals, though no owners are officially listed. It runs an e-commerce site and is a regular exporter of drinks, alcohol, and vinegar, having exported for 73 months, with the last export operation taking place in April 2022.

Primarily, The Williamson Group Limited functions as a wholesale and retail supplier of food and related produce, with a significant focus on haulage services. However, a closer look at their website reveals a broader scope—they are also a leading provider of high-end piano restoration services, operating under the name 1066 Pianos. This division, established in 1975, boasts a showroom in Harrods, London, and specializes in museum-grade restorations and disaster recovery for damaged pianos.

Financially, the company’s recent performance presents a mixed picture. Current assets have decreased by 15%, falling to £2,500,000, while net assets have also declined, dropping 4.6% to £3,400,000. Bank borrowings have seen a significant reduction, decreasing by 34% to £440,000, and cash reserves have fallen 30% to £660,000. While creditors have decreased by 17%, suggesting improved debt management, the overall trend points towards a tightening of finances. The company is classified as large, having met two of three conditions: turnover exceeding £36 million, balance sheet total over £18 million, and average number of employees over 250. Azets Audit Services conducted the audit. The financial statements are prepared in accordance with FRS 102, and the company is exempt from having a detailed profit loss statement.

Registered in Scotland under the registration number SC032547, with a registered address at IV1 1TD, 5 Walker Road, Inverness.

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