UK Companies House feature
DEVELOPMENT BANK OF WALES PUBLIC LIMITED COMPANY
Profile
- Company number
- 04055414
- Status
- Active
- Incorporation
- 2000-08-18
- Last accounts made up
- 2025-03-31
- Account category
- GROUP
- Primary SIC
- 64999
- Hubs
- UK Fintech
Accounts
Pending extraction
No iXBRL extracted yet for this company.
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- IFRS
- Reporting scope
- Consolidated (group)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors, at the time of approving the financial statements, have a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future, which reflects a period of at least 12 months from the date of approval of the financial statements and have concluded that there are no material uncertainties relating to going concern.”
Subsidiaries
- DBW Holdings Limited · 100% held · UK · financial services
- DBW Services Limited · 100% held · UK · financial services
- DBW Managers Limited · 100% held · UK · financial services
- 1st Choice Auto Body Group UK Ltd · 100% held · UK
- Afferent Medical Solutions Ltd · 100% held · UK
- Against International Ltd · 100% held · UK
Significant events
- “2024/25 saw our team help 502 businesses to create and safeguard 6,185 jobs across Wales, with debt and equity funding totalling £152 million.”
- “The Group recorded a £22.3 million profit before tax, compared with a £40.8 million profit before tax for the previous year. The reduction in profit before tax is primarily driven by a £7.4 million reduction in European Regional Development Fund (‘ERDF’) grant release and an £18.9 million increase in equity book fair value losses.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
10 active · 36 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HITCHINGS, Elizabeth Anne | Secretary | 2022-12-01 | — | — |
| BRIDGELAND, Sally | Director | 2024-09-25 | Nov 1964 | British |
| EVANS, Iestyn David | Director | 2022-03-01 | Apr 1975 | British |
| JONES, Daniel Rhys | Director | 2020-03-01 | Nov 1983 | British |
| METHUEN-LEY, Kate Ann | Director | 2021-04-06 | Mar 1976 | British |
| OLDHAM, Paul | Director | 2025-07-17 | Feb 1964 | British |
| ROPAR, Annie | Director | 2025-07-01 | Apr 1972 | Canadian |
| STAZIKER, David James | Director | 2018-04-01 | Sep 1969 | British |
| THORLEY, Giles Alexander | Director | 2016-04-04 | Jun 1967 | British |
| WALKER, Dianne Gillian Davies | Director | 2022-03-01 | Mar 1965 | Welsh |
Show 36 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DAVIES, Michael James | Secretary | 2005-06-24 | 2010-11-17 |
| INGHAM, Norman Leonard | Secretary | 2002-10-07 | 2005-06-24 |
| OATES, Judi May | Secretary | 2008-09-30 | 2022-12-01 |
| THOMAS, Roy John | Secretary | 2000-08-18 | 2002-10-04 |
| AKTERUZZAMAN, Mohammed | Director | 2001-01-16 | 2004-03-31 |
| ALLEN, John, Sir | Director | 2000-08-18 | 2001-01-16 |
| AMIRI, Iraj | Director | 2016-09-01 | 2025-08-31 |
| BALSOM, Susan Carol | Director | 2001-01-16 | 2002-01-31 |
| BELL, Carol, Dr | Director | 2014-10-01 | 2023-09-30 |
| BELLIS, Karen Margaret Rich | Director | 2001-01-16 | 2004-03-31 |
| BULLOCK, Gareth Richard | Director | 2015-09-23 | 2024-09-25 |
| CLAYTON, Jane Elizabeth | Director | 2006-06-01 | 2011-05-31 |
| DRURY, Sheila | Director | 2003-04-01 | 2003-09-10 |
| GREY, Ivar Andreas Robert John | Director | 2006-06-01 | 2016-09-30 |
| HOWES, Brian John | Director | 2001-01-16 | 2007-12-31 |
| JENKINS, Timothy Joseph | Director | 2004-04-01 | 2006-03-31 |
| JEYNES, Roger David | Director | 2016-11-01 | 2025-10-31 |
| JOHN, Ian Clive | Director | 2006-06-01 | 2016-11-30 |
| JOHNSON, Ian Roy | Director | 2008-03-15 | 2015-09-30 |
| JONES, Graham Michael Thelwall | Director | 2001-01-16 | 2011-05-31 |
| JONES, Sian Lloyd | Director | 2005-02-03 | 2015-09-30 |
| JONES, Trefor Glyn | Director | 2000-08-18 | 2005-03-31 |
| JONES-EVANS, Dylan, Professor | Director | 2001-01-16 | 2006-06-30 |
| KILLICK, Michael David | Director | 2006-06-01 | 2013-05-31 |
| LAMB, Robert Alun | Director | 2021-04-06 | 2025-09-09 |
| LLEWELLYN, Margaret Jennifer | Director | 2012-09-01 | 2021-08-31 |
| MORGAN, Robert Huw | Director | 2013-11-18 | 2022-11-17 |
| O'LEARY, Kevin Patrick | Director | 2010-11-17 | 2018-03-31 |
| OWEN, Michael | Director | 2015-10-01 | 2016-04-04 |
| RADCLIFFE, Peter Greig | Director | 2006-06-01 | 2011-05-31 |
| ROWLANDS, Christopher Paul | Director | 2010-04-01 | 2014-09-30 |
| THOMAS, Meirion | Director | 2001-01-16 | 2005-03-31 |
| WILLIAMS, David Brynle | Director | 2002-02-01 | 2004-12-31 |
| WILLOTT, William Brian, Dr | Director | 2000-08-18 | 2001-01-16 |
| WOODALL, Frederick Peter | Director | 2004-04-01 | 2008-02-26 |
| WRIGHT, Peter | Director | 2001-01-16 | 2004-12-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Welsh Ministers | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 151 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-11-03 | TM01 | officers | termination director company with name termination date |
| 2025-09-26 | AA | accounts | accounts with accounts type group |
| 2025-09-11 | TM01 | officers | termination director company with name termination date |
| 2025-09-01 | TM01 | officers | termination director company with name termination date |
| 2025-08-18 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-07-30 | RP04AP01 | officers | second filing of director appointment with name |
| 2025-07-17 | AP01 | officers | appoint person director company with name date |
| 2025-07-09 | AP01 | officers | appoint person director company with name date |
| 2025-05-13 | MA | incorporation | memorandum articles |
| 2025-05-13 | RESOLUTIONS | resolution | resolution |
| 2024-10-01 | TM01 | officers | termination director company with name termination date |
| 2024-10-01 | AP01 | officers | appoint person director company with name date |
| 2024-09-25 | AA | accounts | accounts with accounts type group |
| 2024-08-19 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-10-13 | AA | accounts | accounts with accounts type group |
| 2023-10-03 | TM01 | officers | termination director company with name termination date |
| 2023-08-30 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-04-04 | AA | accounts | accounts with accounts type group |
| 2023-02-09 | MR04 | mortgage | mortgage satisfy charge full |
| 2023-02-09 | MR04 | mortgage | mortgage satisfy charge full |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Credit score requires extracted accounts data.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory
Activity Score not yet computed for this company.