LW GBS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-01-22 (in 8mo)
Last made up 2026-01-08
Watchouts
None on the register
Cash
£2M
+205.2% vs 2023
Net assets
£3M
+22.9% vs 2023
Employees
183
+11.6% vs 2023
Profit before tax
£752K
+10.8% vs 2023
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £13,869,087 | £16,920,636 | |
| Operating profit | £678,596 | £751,574 | |
| Profit before tax | £678,596 | £751,574 | |
| Net profit | £499,318 | £520,652 | |
| Cash | £610,155 | £1,862,069 | |
| Total assets less current liabilities | £2,697,783 | £3,293,974 | |
| Net assets | £2,272,174 | £2,792,826 | |
| Equity | £2,272,174 | £2,792,826 | |
| Average employees | 164 | 183 | |
| Wages | £8,898,910 | £10,111,836 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 4.9% | 4.4% | |
| Net margin | 3.6% | 3.1% | |
| Return on capital employed | 25.2% | 22.8% | |
| Current ratio | 2.09x | 1.97x |
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
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared using the going concern basis of accounting. The principal activity of the Company is to provide support services in accounting, finance and technology to its parent company, Latham & Watkins LLP. Therefore the Company relies on support from its parent company. The parent company confirmed that they will continue to support the Company for a period of at least 12 months from the date of signing the financial statements for the year ended 31 December 2024 to ensure that LW GBS Limited remains solvent, and has funds necessary to meet its debts and when they fall due so as to operate as a going concern for that period. The parent company has also confirmed that they have the financial resources to provide such support.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BLACK, Leeann | Director | 2015-01-08 | Sep 1961 | American |
| DE JONG, Ethan David | Director | 2018-02-15 | Jul 1975 | American,Dutch |
| KOLB, Bobby | Director | 2018-02-15 | Jun 1973 | American |
| WRIGHT, Tony Graham | Director | 2016-04-21 | Dec 1970 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HARRINGTON, Roderick John | Director | 2015-01-08 | 2016-04-21 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 29 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-23 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2025-10-04 | AA | accounts | Accounts with accounts type full | |
| 2025-01-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-13 | CH01 | officers | Change person director company with change date | |
| 2024-10-02 | AA | accounts | Accounts with accounts type full | |
| 2024-01-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-06 | AA | accounts | Accounts with accounts type full | |
| 2023-01-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-01 | AA | accounts | Accounts with accounts type small | |
| 2022-01-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-07 | AA | accounts | Accounts with accounts type small | |
| 2021-01-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-10-15 | AA | accounts | Accounts with accounts type small | |
| 2020-01-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-10-03 | AA | accounts | Accounts with accounts type small | |
| 2019-01-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2018-09-25 | AA | accounts | Accounts with accounts type small | |
| 2018-04-03 | AP01 | officers | Appoint person director company with name date | |
| 2018-03-29 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+22%
£13,869,087 £16,920,636
-
Cash
+205.2%
£610,155 £1,862,069
-
Net assets
+22.9%
£2,272,174 £2,792,826
-
Employees
+11.6%
164 183
-
Operating profit
+10.8%
£678,596 £751,574
-
Profit before tax
+10.8%
£678,596 £751,574
-
Wages
+13.6%
£8,898,910 £10,111,836
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