Thomas Tunnock Limited

Thomas Tunnock Limited, a large and active company founded 73 years ago, is a well-known name in the UK biscuit industry. With 683 employees and £34,079,791 in assets, the company operates from a real address in Uddingston and is overseen by seven directors and one owner. It boasts a stellar 5.0 Google rating based on 224 reviews. Tunnock is a regular importer of machinery, boilers, and mechanical appliances, with 58 months of import activity recorded, and a prolific exporter of cereal and milk-based food products, having exported for 238 months.

The company’s website showcases a range of products, including iconic biscuits like Caramel Wafers and Snowballs, alongside merchandise and fun stuff. It also highlights a separate division, Thomas Tunnock (EU) Ltd, suggesting a broader European presence. The site's design, handled by Innovation Digital, emphasizes a modern, accessible online experience.

Financially, Thomas Tunnock Limited presents a mixed picture. While cash and cash equivalents increased by a significant 21%, reaching £13 million, net assets only grew by 3.6% to £59 million. Administrative expenses rose by 6.3% to £20 million, and net profit tripled to £3.1 million. Creditors decreased by 11%, suggesting improved debt management, but trade debtors remained relatively stable. The company’s large size (meeting two of three criteria for a large company) allows it to maintain a strong market position. The audit firm, Johnston Carmichael LLP, conducted the audit, and the report was signed by Jeffrey Marjoribanks.

The company’s reliance on traditional biscuit recipes and a strong brand identity, combined with its expanding European operations, suggests a focus on heritage and growth. However, the increase in administrative expenses warrants continued monitoring to ensure profitability. The company’s success seems to be tied to its ability to balance tradition with innovation, and it’s a testament to the enduring appeal of a good biscuit.

Registered in Scotland under the registration number SC028747, with a registered address at G71 7HH, 34 Old Mill Road, Uddingston.

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