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D

DEVELOPMENT BANK OF WALES PUBLIC LIMITED COMPANY

Active Wrexham

Financial intermediation not elsewhere classified

283 employees Website
Financial services Financial intermediation not elsewhere classified
D

DEVELOPMENT BANK OF WALES PUBLIC LIMITED COMPANY

Financial intermediation not elsewhere classified

Founded 18 Aug 2000 Active Wrexham, Wales 283 employees developmentbank.wales
Financial services Financial intermediation not elsewhere classified
Accounts Submitted 26 Sept 2025
Confirmation Statement Submitted 18 Aug 2025
Net assets £379.57M £23.20M 2024 year on year
Total assets £1906.48M £64.96M 2024 year on year
Total Liabilities £1526.92M £41.75M 2024 year on year
Charges 2
2 satisfied

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Contact & Details

Contact

Update Details

Registered Address

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

Office (Llanelli)

Llanelli Gate, Unit 12 Beacon Centre For Enterprise, Llanelli SA14 8LQ

Telephone

0800 587 4140

Credit Report

Discover DEVELOPMENT BANK OF WALES PUBLIC LIMITED COMPANY's Credit Score, limit, and payment likelihood.

Mutual Companies

See All Mutual Companies

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%)
See 10 Year Full Financials

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

10 active 36 resigned
Status
Annie RoparDirectorCanadianEngland531 Jul 2025Active
Daniel Rhys JonesDirectorBritishWales421 Mar 2020Active
David James StazikerDirectorBritishWales561 Apr 2018Active
Dianne Gillian Davies WalkerDirectorWelshEngland601 Mar 2022Active
Elizabeth Anne HitchingsSecretaryUnknownUnknown—1 Dec 2022Active
Giles Alexander ThorleyDirectorBritishEngland584 Apr 2016Active
Iestyn David EvansDirectorBritishWales501 Mar 2022Active
Kate Ann Methuen-leyDirectorBritishWales496 Apr 2021Active

Shareholders

Shareholders (2)

Welsh Ministers
100.0%
50,00018 Aug 2025
Giles Thorley
0.0%
018 Aug 2025

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
See All Controllers

Group Structure

Group Structure

DEVELOPMENT BANK OF WALES PUBLIC LIMITED COMPANY Current Company
ANGELS INVEST WALES LIMITED united kingdom significant influence or control as firm
DBW FM LIMITED united kingdom significant influence or control
DBW HOLDINGS LIMITED united kingdom shares 75 to 100 percent
DBW INVESTMENTS (10) LIMITED united kingdom significant influence or control
DBW INVESTMENTS (11) LIMITED united kingdom significant influence or control
DBW INVESTMENTS (12) LIMITED united kingdom significant influence or control
DBW INVESTMENTS (14) LIMITED united kingdom significant influence or control
DBW INVESTMENTS (2) LIMITED united kingdom significant influence or control
DBW INVESTMENTS (3) LIMITED united kingdom significant influence or control
DBW INVESTMENTS (4) LIMITED united kingdom significant influence or control
DBW INVESTMENTS (5) LIMITED united kingdom significant influence or control
DBW INVESTMENTS (6) LIMITED united kingdom significant influence or control
DBW INVESTMENTS (8) LIMITED united kingdom significant influence or control
DBW INVESTMENTS (9) LIMITED united kingdom significant influence or control
DBW INVESTMENTS (MIMS) LIMITED united kingdom significant influence or control
DBW MANAGERS LIMITED united kingdom shares 75 to 100 percent
DBW SERVICES LIMITED united kingdom shares 75 to 100 percent
ECONOMIC INTELLIGENCE WALES LIMITED united kingdom significant influence or control as firm
FW CAPITAL LIMITED united kingdom significant influence or control
FWC CIP LIMITED united kingdom significant influence or control
FWC IFW DEBT GP LIMITED united kingdom significant influence or control
FWC LOANS (NORTH WEST) LIMITED united kingdom significant influence or control
FWC LOANS (TVC) LIMITED united kingdom significant influence or control
FWC NPIFII DEBT GP LIMITED united kingdom voting rights 75 to 100 percent, appoint/remove directors
FWC SWIF DEBT GP LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
FWC TFIF GP LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
FW DEVELOPMENT CAPITAL (NORTH WEST) GP LIMITED united kingdom significant influence or control
HELP TO BUY (WALES) LIMITED united kingdom significant influence or control
MANAGEMENT SUCCESSION GP LIMITED united kingdom significant influence or control
NE COMMERCIAL PROPERTY (GP) LIMITED united kingdom significant influence or control
NE GROWTH 500 LP LIMITED united kingdom significant influence or control
NORTH EAST PROPERTY (GP) LIMITED united kingdom significant influence or control
NORTH WEST LOANS NPIF GP LIMITED united kingdom significant influence or control
NW LOANS LIMITED united kingdom significant influence or control
TVC LOANS NPIF GP LIMITED united kingdom significant influence or control
TVUPB LIMITED united kingdom significant influence or control

Charges

Charges

2 satisfied

Documents

Company Filings

DateCategoryDescriptionDocument
3 Nov 2025OfficersTermination of Roger David Jeynes as director on 2025-10-31View(1 page)
26 Sept 2025AccountsAnnual accounts made up to 2025-03-31View(165 pages)
11 Sept 2025OfficersTermination of Robert Alun Lamb as director on 2025-09-09View(1 page)
1 Sept 2025OfficersTermination of Iraj Amiri as director on 2025-08-31View(1 page)
18 Aug 2025Confirmation StatementConfirmation statement made on 2025-08-18 with updatesView(4 pages)
3 Nov 2025 Officers

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

View Document(1 page)
26 Sept 2025 Accounts

Annual accounts made up to 2025-03-31

View Document(165 pages)
11 Sept 2025 Officers

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

View Document(1 page)
1 Sept 2025 Officers

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

View Document(1 page)
18 Aug 2025 Confirmation Statement

Confirmation statement made on 2025-08-18 with updates

View Document(4 pages)

Recent Activity

Latest Activity

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

3 months ago on 3 Nov 2025

Annual accounts made up to 2025-03-31

4 months ago on 26 Sept 2025

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

5 months ago on 11 Sept 2025

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

5 months ago on 1 Sept 2025

Confirmation statement made on 2025-08-18 with updates

6 months ago on 18 Aug 2025