William Morton Limited

William Morton Limited, based in Glasgow, UK, is a holding company with a long history, having been founded 50 years ago in 1974. The company currently employs 149 people and boasts assets totaling £19,770,125. It operates from a real address at Thornliebank Industrial Estate and is overseen by six directors and a single owner. Google ratings are a little low at 3.0 based on 12 reviews. The company is a regular importer, specializing in drinks, alcohol, and vinegar, with 838 months of import activity recorded, the last operation being made on January 01, 2025.

The company’s website doesn’t offer much detail about its day-to-day operations, suggesting it primarily functions as a holding company rather than engaging in direct sales or marketing. It seems to focus on managing investments and subsidiaries. It’s unclear if it has an e-commerce presence or if it’s purely a behind-the-scenes operation.

Financially, William Morton Limited shows a mixed picture. Current assets decreased by 15% to £20 million, while net assets also dropped by 14% to £14 million. Bank borrowings increased by 10% to £9 million, and cash reserves fell 79% to £1.7 million. Creditors decreased by 9.8%, suggesting improved debt management. The company's accounts are unaudited, and no auditor is mentioned, likely due to its size. The decrease in cash reserves is a concern, but the decrease in creditors is a positive sign. It’s worth noting that the company’s turnover isn’t explicitly stated, but it’s likely substantial given its asset base and number of employees.

The company’s parent is ABA Equity Limited, and it owns a subsidiary called Ja Glass Limited. The company’s main activity is the wholesale of wine, beer, spirits, and soft drinks. Overall, William Morton Limited appears to be a stable, albeit slightly concerning, holding company navigating a changing economic landscape.

Registered in Scotland under the registration number SC056257, with a registered address at G46 8HL, Scotland, Glasgow, 7 Evanton Drive, Thornliebank Industrial Estate.

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