William Sword Limited

William Sword Ltd from Cumbernauld, UK, is a small, active family business established 74 years ago. With 85 employees and £1,855,841 in assets, it’s a significant player in its local area. The company, led by four directors and two owners, maintains a real address and enjoys a solid 4.0 Google rating from 34 reviews. It’s an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with recent activity recorded just one month ago.

The company’s website highlights its role as “Scotland’s Best Pastry Company Since 1894,” emphasizing customer service and wholesale baking. It operates a website, saleswilliamsword.co.uk, and seems to focus on supplying baked goods to businesses. The site doesn't offer direct-to-consumer sales, suggesting a business-to-business model.

Financially, William Sword Ltd presents a mixed picture. Cash reserves increased by a substantial 41%, reaching £1,000,000, which is a positive sign. However, net assets grew by only 16%, to £2,600,000, indicating that liabilities are also increasing. Creditors decreased by 8.3%, suggesting better debt management, but trade debtors increased by 10%, which could indicate delayed payments from customers. Depreciation charges on plant machinery remained consistent, and the company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it maintain flexibility. As a small company, it’s exempt from a full audit, so the financial statements are unaudited.

Overall, William Sword Ltd seems to be navigating a period of growth, but needs to keep a close eye on its trade debtors and manage its liabilities effectively to ensure long-term financial health.

Registered in Scotland under the registration number SC028343, with a registered address at G67 2TX, Cumbernauld, Groveside Bakery, Blairlinn.

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