William Lockie & Company Limited

William Lockie & Company Limited, hailing from Hawick, UK, is a well-established firm with a rich history, having operated for 79 years. Currently employing 129 people and boasting assets of £6,019,589, the company generated a revenue of £8,386,837 in the last reported period. Holding company status, with five directors and one owner, it maintains an active trading status and enjoys a stellar 5.0 Google rating based on two reviews. Regular importer of wool and animal hair products (42 months) and exporter of clothing and accessories (180 months), the company’s operations are firmly rooted in the textile industry.

The company’s website highlights a focus on natural fibres like cashmere and merino, emphasizing handmade quality and traditional techniques. They offer both a stock service—featuring classics ready for immediate dispatch—and bespoke design options. A significant portion of the site is dedicated to showcasing their collections, with a strong emphasis on autumnal and winter lines. The site also has a newsletter sign-up, suggesting an effort to engage directly with customers.

Financially, William Lockie & Company Limited shows some concerning trends. While assets remain substantial at £6,019,589, accrued liabilities deferred income increased by 21%, and depreciation expenses rose significantly. Bank borrowings have decreased, which is a positive, but the company’s net assets have also decreased. The company’s size—meeting two of three conditions for a large company—suggests it’s navigating a competitive market. The company's auditor is JRW, and the financial statements were authorised on October 30th.

Despite these challenges, William Lockie & Company Limited’s long history, strong brand reputation, and focus on high-quality materials position it well for continued success. The company’s commitment to traditional craftsmanship and its ability to adapt to changing market demands will be key to its future growth.

Registered in Scotland under the registration number SC023788, with a registered address at TD9 0AW, Hawick, Westfield Works, 27/28 Drumlanrig Square.

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