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Next accounts due

2027-04-30 (in 11mo)

Last filed for 2025-07-31

Confirmation statement due

2026-06-08 (in 1mo)

Last made up 2025-05-25

Watchouts

1 item

Cash

£505K

-13% vs 2024

Net assets

£3M

-6.9% vs 2024

Employees

46

-4.2% vs 2024

Profit before tax

-£189K

+18% vs 2024

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Name history

Renamed 1 time since incorporation

  1. NORTH WEST WALES MANAGEMENT DEVELOPMENT CENTRE LIMITED 2005-08-10 → present
  2. BRAND NEW CO (281) LIMITED 2005-06-07 → 2005-08-10

Accounts

2-year trend · latest reflected 2025-07-31

Metric Trend 2024-07-312025-07-31
Turnover £2,059,665£1,963,177
Operating profit -£229,941-£188,614
Profit before tax -£229,941-£188,614
Net profit -£229,941-£188,614
Cash £580,549£504,891
Total assets less current liabilities £2,735,679£2,547,065
Net assets £2,735,679£2,547,065
Equity £2,735,679£2,547,065
Average employees 4846
Wages £742,399£789,766

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 2024-07-312025-07-31
Operating margin -11.2%-9.6%
Net margin -11.2%-9.6%
Return on capital employed -8.4%-7.4%
Current ratio 0.31x0.32x

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
Standalone (parent only)
Auditor
HaysMac LLP
Audit opinion
Unqualified (clean)
Going concern
Material uncertainty disclosed

“As noted in the Directors' Report, the financial statements have not been prepared on a going concern basis. The company's activities and staff transferred to its parent Bangor University on 1 August 2025. No provisions were required and no assets were written down to net releasable value.”

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

4 active · 27 resigned

Name Role Appointed Born Nationality
SHIPTON, Carl Secretary 2017-03-16
BENNETT, Richard Director 2024-09-05 Apr 1976 British
EDWARDS, Andrew Christopher, Prof Director 2020-05-27 Jun 1964 British
RIDDLESTON, Martyn Bryan Director 2023-12-11 Jan 1975 British
Show 27 resigned officers
Name Role Appointed Resigned
FARNELL, William Secretary 2007-11-29 2010-11-24
JAMES, Dylan Meredith Secretary 2013-01-14 2015-04-01
MOSTERT, Clare Edith Secretary 2005-08-01 2007-01-25
PARRY, Rhys Secretary 2015-04-01 2015-11-27
RAFTERY, Paul Matthew Secretary 2005-06-07 2005-08-01
ROBERTS, Caroline Lesley Secretary 2007-01-25 2007-08-31
RYAN, Philip Edward Secretary 2010-11-24 2012-12-03
SHIPTON, Carl Secretary 2007-08-31 2007-11-29
WARD, Cerealia Marie Secretary 2015-11-27 2017-03-15
BARRAR, Peter Ross Noel, Professor Director 2005-09-27 2007-07-09
DAVIES, Michael Derek Director 2009-03-24 2020-05-27
FIELDING, Trevor Joseph, Dr Director 2006-07-07 2009-03-24
GARDENER, David Colyn Director 2007-09-28 2011-03-31
GARDENER, Edward Patrick Montgomery, Professor Director 2005-09-27 2019-07-31
HOPE, Sian, Professor Director 2009-06-18 2020-12-31
HOPE, Sian, Professor Director 2005-09-27 2009-03-24
HUGHES, Dewi Wyn Director 2005-08-01 2006-07-07
HUGHES, John Gerard, Professor Director 2011-02-28 2018-12-31
LAPPIN-SCOTT, Hilary Margaret, Professor Director 2009-03-24 2009-06-16
MUNDY, Kevin, Dr Director 2020-05-27 2023-12-11
RYAN, Philip Edward Director 2011-06-16 2012-12-03
THOMPSON, Alan Christopher Director 2005-06-07 2005-08-01
THORNTON, John Stephen, Professor Director 2011-06-16 2016-09-30
WIGLEY, Dafydd Wynne, Lord Director 2005-11-14 2009-03-24
WILLIAMS, David Wyn Director 2005-11-14 2019-01-13
WILLIAMS, Jonathan Michael Director 2016-10-04 2020-02-05
WRIGHT, Cheryl Director 2013-09-09 2017-02-28

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Bangor University Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-06-01 Active

Filing timeline

Last 20 of 126 total filings

Date Type Category Description
2025-12-03 AA accounts Accounts with accounts type full
2025-06-10 AA accounts Accounts with accounts type full
2025-06-06 CS01 confirmation-statement Confirmation statement with updates PDF
2024-09-06 AP01 officers Appoint person director company with name date PDF
2024-06-27 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-12-16 AA accounts Accounts with accounts type full
2023-12-11 TM01 officers Termination director company with name termination date PDF
2023-12-11 AP01 officers Appoint person director company with name date PDF
2023-06-22 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-01-06 AA accounts Accounts with accounts type full
2022-06-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-03-22 AA accounts Accounts with accounts type full
2021-05-25 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-03-12 AA accounts Accounts with accounts type full
2021-01-04 TM01 officers Termination director company with name termination date PDF
2020-06-08 CS01 confirmation-statement Confirmation statement with no updates PDF
2020-06-01 TM01 officers Termination director company with name termination date PDF
2020-06-01 AP01 officers Appoint person director company with name date PDF
2020-06-01 AP01 officers Appoint person director company with name date PDF
2020-02-28 TM01 officers Termination director company with name termination date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Year-on-year

FY2024 → FY2025 · period ending 2025-07-31 vs 2024-07-31

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

Official Companies House page