DEVELOPMENT BANK OF WALES PUBLIC LIMITED COMPANY

Active Wrexham

Financial intermediation not elsewhere classified

283 employees website.com
Financial services Financial intermediation not elsewhere classified
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DEVELOPMENT BANK OF WALES PUBLIC LIMITED COMPANY

Financial intermediation not elsewhere classified

Founded 18 Aug 2000 Active Wrexham, Wales 283 employees website.com
Financial services Financial intermediation not elsewhere classified

Previous Company Names

FINANCE WALES PUBLIC LIMITED COMPANY 18 Aug 2000 — 6 Oct 2017
Accounts Submitted 26 Sept 2025 Next due 30 Sept 2026 5 months remaining
Confirmation Submitted 18 Aug 2025 Next due 1 Sept 2026 4 months remaining
Net assets £380M £23M 2024 year on year
Total assets £1,906M £65M 2024 year on year
Total Liabilities £1,527M £42M 2024 year on year
Charges 2
2 satisfied

Contact & Details

Contact

Registered Address

Unit J Yale Business Village Ellice Way Wrexham LL13 7YL Wales

Telephone

0800 000 0000

Email

info@example.com

Website

www.example.com

Full company profile for DEVELOPMENT BANK OF WALES PUBLIC LIMITED COMPANY (04055414), an active financial services company based in Wrexham, Wales. Incorporated 18 Aug 2000. Financial intermediation not elsewhere classified. View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

Financials

Period 1 Jan → 31 Dec 2024
Type Total Exemption Full
Next accounts 31 December 2025
Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2014–2024)

Cash in Bank

£1140.65M

Net Assets

£379.57M

Increased by £23.20M (+7%)

Total Liabilities

£1526.92M

Increased by £41.75M (+3%)

Turnover

£38.75M

Increased by £6.60M (+21%)

Employees

283

Increased by 2 (+1%)

Debt Ratio

80%

Decreased by 1 (-1%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
Dec Year End
2023
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

Officers

1 active 2 resigned
Status
Elizabeth Anne HitchingsSecretaryUnknownUnknown1 Dec 2022Active

Shareholders

Shareholders (2)

Welsh Ministers
100.0%
50,000
Giles Thorley
0.0%
0

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Welsh Ministers

Unknown

Active
Notified 6 Apr 2016
Nature of Control
  • Ownership Of Shares 75 To 100 Percent

Group Structure

Group Structure

DEVELOPMENT BANK OF WALES PUBLIC LIMITED COMPANY Current Company

Charges

Charges

2 satisfied

Properties

Properties

2 leasehold 2 total
AddressTenurePrice PaidDate Added
the seventh floor being 1 Capital Quarter, Tindall Street, Cardiff (CF10 4BZ) CARDIFF
Leasehold-4 Sept 2014
the sixth floor being 1 Capital Quarter, Tindall Street, Cardiff (CF10 4BZ) CARDIFF
Leasehold-4 Sept 2014
the seventh floor being 1 Capital Quarter, Tindall Street, Cardiff (CF10 4BZ)
Leasehold
Added 4 Sept 2014
District CARDIFF
the sixth floor being 1 Capital Quarter, Tindall Street, Cardiff (CF10 4BZ)
Leasehold
Added 4 Sept 2014
District CARDIFF

Documents

Company Filings

DateCategoryDescriptionDocument
3 Nov 2025OfficersTermination of Roger David Jeynes as director on 2025-10-31
26 Sept 2025AccountsAnnual accounts made up to 2025-03-31
11 Sept 2025OfficersTermination of Robert Alun Lamb as director on 2025-09-09
1 Sept 2025OfficersTermination of Iraj Amiri as director on 2025-08-31
18 Aug 2025Confirmation StatementConfirmation statement made on 2025-08-18 with updates
3 Nov 2025 Officers

Termination of Roger David Jeynes as director on 2025-10-31

26 Sept 2025 Accounts

Annual accounts made up to 2025-03-31

11 Sept 2025 Officers

Termination of Robert Alun Lamb as director on 2025-09-09

1 Sept 2025 Officers

Termination of Iraj Amiri as director on 2025-08-31

18 Aug 2025 Confirmation Statement

Confirmation statement made on 2025-08-18 with updates

Recent Activity

Latest Activity

Termination of Roger David Jeynes as director on 2025-10-31

5 months ago on 3 Nov 2025

Annual accounts made up to 2025-03-31

6 months ago on 26 Sept 2025

Termination of Robert Alun Lamb as director on 2025-09-09

7 months ago on 11 Sept 2025

Termination of Iraj Amiri as director on 2025-08-31

7 months ago on 1 Sept 2025

Confirmation statement made on 2025-08-18 with updates

8 months ago on 18 Aug 2025