The structure of the Weavers' Company is, like that of other Livery Companies, based on a body of Liverymen and Freemen governed by a Court of Assistants selected from the Livery for "the better continuance of the good order and more Godly administration of the Guild". Members of the Livery elect annually from the Court an Upper Bailiff who, as we have seen, bears an ancient title unique to the Weavers' Company, and a Renter Bailiff. They also elect from the Livery an Upper and Renter Warden to serve on the Court as representatives of the Livery. The Four in Office are robed on official and ceremonial occasions and wear badges of office.

The Company is managed in an effective, up‑to‑date way, with much of its work carried out through Committees, which are appointed by and make recommendations to the Court. The Company's management and finances are looked after by the financial Committees, namely the Finance & General Purposes Committee, the Investments Committee and the Audit Committee.

It is generally believed that Livery Companies are wealthy and some certainly are. The Weavers' Company would not count itself among these, but since the mid-nineteenth century, careful management and, in this century, the sale of property and some generous donations from members have put the finances on a sound footing. This has enabled the Company to carry out its many commitments, particularly in charitable fields.

The main work of the Company is done through the charitable Committees, which are currently the Charitable Grants Committee, the Textile Committee, the Almshouses Committee and the Primary Schools Committee.

Liverymen are co‑opted to most of the Committees of the Court. This gives them an insight into the Company’s affairs and an opportunity to participate in the work of the Company. The Court also benefits from their expertise and specialist knowledge.

The administration of the Company is the responsibility of the Clerk and his small staff. The Beadle, holder of an ancient ceremonial office, summons Liverymen to meetings, acts as Sergeant‑at‑Arms and guards the Company’s regalia and valuables.

The role of the Chaplain is important in the life of the Company as he takes the Church Service on St. James's Day and pronounces Grace at all Court Breakfasts and Dinners.