GLEN TURNER COMPANY LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-03-01
Overdue
Watchouts
Cash
£16M
-46.4% vs 2023
Net assets
£394M
+4.5% vs 2023
Employees
185
+10.1% vs 2023
Profit before tax
£28M
+282.2% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-03-01.
Name history
Renamed 2 times since incorporation
- GLEN TURNER COMPANY LIMITED 2010-07-20 → present
- GLEN TURNER DISTILLERY LIMITED 2001-12-27 → 2010-07-20
- GLEN TURNER BLENDING COMPANY LIMITED 1981-11-04 → 2001-12-27
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £112,649,000 | £115,648,000 | |
| Operating profit | £6,496,000 | £26,712,000 | |
| Profit before tax | £7,251,000 | £27,712,000 | |
| Net profit | £3,820,000 | £19,691,000 | |
| Cash | £30,274,000 | £16,231,000 | |
| Total assets less current liabilities | £387,959,000 | £406,703,000 | |
| Net assets | £376,974,000 | £394,106,000 | |
| Equity | £376,974,000 | £394,106,000 | |
| Average employees | 168 | 185 | |
| Wages | £7,267,000 | £8,072,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 5.8% | 23.1% | |
| Net margin | 3.4% | 17.0% | |
| Return on capital employed | 1.7% | 6.6% | |
| Gearing (liabilities / total assets) | 5.8% | 6.3% | |
| Current ratio | 18.67x | 16.67x | |
| Interest cover | 6496.00x | 13356.00x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “Glen Turner (GT) commenced work on the development of the Southfield site late in 2024. This comprised of the beginning of the construction of 4 maturation warehouses.”
- “GT are continuing to work on projects to increase the production capacity for the Starlaw distillery at Bathgate to produce the additional spirit that is required.”
- “GT will continue the long-term investment in wood purchasing (barrels) ensuring 'best in class' mature spirit is available for future years.”
- “On 11 July 2025 Glen Turner Company Limited purchased 85% of the share capital of Warners Distillery Limited for £2,459k with a further debt investment of £937k, to increase the UK presence of the group.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BERNARD, Sylvia | Secretary | 2022-10-21 | — | — |
| CAYARD, Jean Pierre | Director | — | Nov 1942 | French |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SIMS, David John | Secretary | 2002-11-23 | 2016-04-28 |
| SLINGSBY, Charles Anthony | Secretary | — | 2016-04-28 |
| MOREIGNE, Robert | Director | — | 2014-01-18 |
| SIMS, David John | Director | 2014-05-01 | 2018-05-14 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Jean-Pierre Cayard | Individual | Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 142 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-08-28 | AA | accounts | Accounts with accounts type group | |
| 2025-02-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-18 | CH01 | officers | Change person director company with change date | |
| 2025-02-18 | CH03 | officers | Change person secretary company with change date | |
| 2024-10-09 | AA | accounts | Accounts with accounts type group | |
| 2024-08-29 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-02-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-07 | AA | accounts | Accounts with accounts type group | |
| 2023-03-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-10-25 | AP03 | officers | Appoint person secretary company with name date | |
| 2022-08-10 | AA | accounts | Accounts with accounts type group | |
| 2022-02-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-09-07 | AA | accounts | Accounts with accounts type group | |
| 2021-02-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-07-14 | AA | accounts | Accounts with accounts type group | |
| 2020-07-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2020-02-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-05-30 | AA | accounts | Accounts with accounts type group | |
| 2019-02-25 | AD01 | address | Change registered office address company with date old address new address | |
| 2019-02-20 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+2.7%
£112,649,000 £115,648,000
-
Cash
-46.4%
£30,274,000 £16,231,000
-
Net assets
+4.5%
£376,974,000 £394,106,000
-
Employees
+10.1%
168 185
-
Operating profit
+311.2%
£6,496,000 £26,712,000
-
Profit before tax
+282.2%
£7,251,000 £27,712,000
-
Wages
+11.1%
£7,267,000 £8,072,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers