GWE BUSINESS WEST LTD
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-10-29 (in 5mo)
Last made up 2025-10-15
Watchouts
None on the register
Cash
£1M
-17.9% vs 2024
Net assets
£5M
+5.1% vs 2024
Employees
153
-8.9% vs 2024
Profit before tax
£257K
+132.1% vs 2024
Name history
Renamed 1 time since incorporation
- GWE BUSINESS WEST LTD 2007-12-27 → present
- STARTMODE LIMITED 2007-10-15 → 2007-12-27
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £10,577,096 | £12,059,853 | |
| Operating profit | -£900,390 | £162,612 | |
| Profit before tax | -£802,438 | £257,220 | |
| Net profit | -£802,438 | £257,220 | |
| Cash | £1,343,793 | £1,103,209 | |
| Total assets less current liabilities | £5,140,982 | £5,321,223 | |
| Net assets | £5,064,003 | £5,321,223 | |
| Equity | £5,064,003 | £5,321,223 | |
| Average employees | 168 | 153 | |
| Wages | £6,225,793 | £6,113,827 |
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | -8.5% | 1.3% | |
| Net margin | -7.6% | 2.1% | |
| Return on capital employed | -17.5% | 3.1% | |
| Gearing (liabilities / total assets) | 30.5% | 27.3% | |
| Current ratio | 2.08x | 2.11x | |
| Interest cover | -66.13x | 10.04x |
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
- S&W Audit
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Board feel that Business West has robust cash reserves and a strong balance sheet, therefore is a going concern and we are in a strong position to continue delivering Government support to businesses in the region alongside a range of commercial business services.”
Group structure
- GWE BUSINESS WEST LTD · parent
- Recognising Excellence Limited 50%
Significant events
- “The company has had a successful year, returning back to a financial surplus after a few years of challenging business results and strategic investments.”
- “In 2024 we have reconstituted the Business West group.”
- “During the year we have also launched our Futures West Foundation for Sustainable and Inclusive Growth.”
- “In August 2025 we were awarded the LSIP for Somerset.”
- “In 2024 we were re-certified as a B Corp, improving our score by 20% to 109.9 making us a 'Great' B Corp company.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
15 active · 33 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CREESE, Teresa Louise | Secretary | 2022-10-17 | — | — |
| ADEBAYO, Adebola | Director | 2021-01-27 | Jun 1980 | Nigerian |
| BONNER, Richard | Director | 2016-03-15 | Sep 1969 | British |
| BOUCHER, Peter Valentine | Director | 2019-11-01 | Jan 1971 | British |
| COLSTON, Alistair Ian | Director | 2025-06-19 | Apr 1960 | British |
| GREENWOOD, Joanna Cathryn | Director | 2022-04-14 | Jun 1970 | British |
| HOLT, Jeremy Martin | Director | 2021-10-06 | Jun 1956 | British |
| OSEI, Pipim Poku | Director | 2021-01-27 | Apr 1982 | Ghanaian |
| PHILLIPS, Briony Eleanor | Director | 2024-03-27 | Oct 1981 | British |
| PRESCOTT, Simon Paul | Director | 2019-11-01 | Aug 1971 | British |
| ROWBERRY, Edward John | Director | 2025-06-19 | Aug 1975 | British |
| SKELLETT, Colin Frank | Director | 2021-10-05 | Jun 1945 | British |
| URE, Douglas Richard | Director | 2026-03-31 | May 1976 | British |
| WEST, Steven George, Professor Sir | Director | 2025-04-01 | Mar 1961 | British |
| WESTBROOK, Kate Victoria | Director | 2025-06-19 | May 1978 | British |
Show 33 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BUHAGIAR, Bryan | Nominee Secretary | 2007-10-15 | 2007-10-24 |
| DOYLE, Tina Jane | Secretary | 2009-11-03 | 2022-10-17 |
| PEAKE COMPANY SECRETARIES LIMITED | Corporate Secretary | 2007-10-24 | 2009-11-03 |
| ALBERRY, Nicola | Director | 2007-12-11 | 2023-12-04 |
| BELL, Ian | Director | 2016-08-03 | 2022-04-14 |
| BOTHAMLEY, Henry Louis Michael | Director | 2010-11-03 | 2012-10-30 |
| BUHAGIAR, Susan | Nominee Director | 2007-10-15 | 2007-10-24 |
| COOPER, Simon Charles Bowden | Director | 2007-12-11 | 2010-11-01 |
| FAWKNER CORBETT, Philip William | Director | 2014-07-10 | 2016-08-03 |
| FLETCHER, Alan | Director | 2007-12-11 | 2019-09-05 |
| FROST, Jack | Director | 2017-03-21 | 2026-04-08 |
| GODFREY, Mike | Director | 2012-11-01 | 2022-03-31 |
| MARSHALL, Philip Duncan Geoffrey | Director | 2012-10-30 | 2014-05-14 |
| MASON, Mark Edward, Dr | Director | 2014-10-15 | 2019-09-05 |
| MEHTA, Neil | Director | 2007-12-11 | 2012-03-08 |
| MILNER, Daphne | Director | 2007-10-24 | 2009-07-01 |
| MORDAUNT, Terence Charles | Director | 2009-09-17 | 2014-10-03 |
| PHILLIPS, Brian, Dr | Director | 2007-12-11 | 2012-03-08 |
| POSTLEWAITE, Timothy John | Director | 2008-01-31 | 2011-01-01 |
| PULLEN, Sarah | Director | 2013-07-24 | 2025-02-20 |
| RILETT, Peter John | Director | 2007-12-11 | 2022-07-21 |
| ROBERTSON, Stephen Peter | Director | 2013-01-01 | 2016-08-03 |
| SAVAGE, John Christopher, Dr | Director | 2007-12-11 | 2011-05-01 |
| SAVAGE CBE, John, Canon Doctor | Director | 2021-10-05 | 2025-01-09 |
| SAVORY, Diane Rebecca Wendy, Dr | Director | 2011-05-18 | 2014-05-27 |
| SHELFORD, Martin | Director | 2021-01-27 | 2024-04-23 |
| SHERWOOD, Peter Louis Michael | Director | 2007-12-11 | 2009-03-26 |
| SKELLETT, Colin Frank | Director | 2007-12-11 | 2015-06-10 |
| SMITH, Philip Meyrick | Director | 2007-12-11 | 2026-03-31 |
| TANNER, Matthew Richard, Dr | Director | 2021-10-05 | 2024-04-19 |
| WEST, Steven George | Director | 2012-11-01 | 2017-11-21 |
| WOLSEY, Iain | Director | 2017-03-21 | 2022-04-14 |
| WOODCOCK, Janine | Director | 2015-07-08 | 2022-07-21 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 159 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-12-13 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-20 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-20 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-20 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-19 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-12-30 | AA | accounts | Accounts with accounts type full | |
| 2025-11-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-26 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-26 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-26 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-14 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-10-29 | AA | accounts | Accounts with accounts type full | |
| 2024-04-24 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-24 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-09 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-27 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-13 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2023-12-13 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 0
- Officers appointed
- 4
- Officers resigned
- 2
last 12 months
last 24 months
last 12 months
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 2025-03-31 vs 2024-03-31
-
Turnover
+14%
£10,577,096 £12,059,853
-
Cash
-17.9%
£1,343,793 £1,103,209
-
Net assets
+5.1%
£5,064,003 £5,321,223
-
Employees
-8.9%
168 153
-
Operating profit
+118.1%
-£900,390 £162,612
-
Profit before tax
+132.1%
-£802,438 £257,220
-
Wages
-1.8%
£6,225,793 £6,113,827
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