The Accounts Companies House intelligence

WESTBANK GROUP LIMITED

#NI021953 · Active · Group / consolidated · Incorporated 1988-09-27 (37y 8m) · Last filing 2025-09-12 (8mo ago)
Consumer Discretionary · SIC 46180 · G Wholesale & Retail Trade; Repair of Motor Vehicles · Group accounts

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Next accounts due

2026-05-31 (this month)

Last filed for 2024-08-31

Confirmation statement due

2026-09-21 (in 4mo)

Last made up 2025-09-07

Watchouts

None on the register

Cash

£2M

-73.9% vs 2023

Net assets

£60M

+19.5% vs 2023

Employees

283

+37.4% vs 2023

Profit before tax

£13M

+4.4% vs 2023

Name history

Renamed 1 time since incorporation

  1. WESTBANK GROUP LIMITED 2023-01-04 → present
  2. WESTBANK BUSINESS PARK LIMITED 1988-09-27 → 2023-01-04

Accounts

2-year trend · latest reflected 2024-08-31

Metric Trend 2023-08-312024-08-31
Turnover £120,373,289£149,345,775
Operating profit £10,799,045£13,544,236
Profit before tax £12,183,038£12,724,513
Net profit £10,261,272£10,003,934
Cash £8,067,583£2,104,698
Total assets less current liabilities £64,147,978£67,544,128
Net assets £50,489,756£60,323,874
Equity £50,489,756£60,323,874
Average employees 206283
Wages £8,746,853£10,883,290

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 2023-08-312024-08-31
Operating margin 9.0%9.1%
Net margin 8.5%6.7%
Return on capital employed 16.8%20.1%
Gearing (liabilities / total assets) 53.1%38.7%
Current ratio 1.58x1.91x
Interest cover 13.04x13.24x

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
Consolidated group
Auditor
DNTCA Limited
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from the date when the financial statements are authorised for issue.”

Group structure

  1. WESTBANK GROUP LIMITED · parent
    1. Parkelect Limited 99% · Northern Ireland
    2. Elsteel UK Limited 99% · England
    3. MCC Controls Limited 99% · Republic of Ireland
    4. Almeric Underwoods Limited 99% · Republic of Ireland
    5. Industrial Valve Specialists Limited 99% · England
    6. Parkelect Inc 99% · United States of America
    7. Control Source Inc 66% · United States of America
    8. Ballybella SL 99.881% · Spain
    9. Ballyplaya SL 100% · Spain
    10. Remtech Services Limited 100% · England
    11. Underwoods Group Limited 100% · England
    12. Underwoods Electrical Distributors Limited 100% · England
    13. Elsteel N.I. Limited 100% · Northern Ireland
    14. PES Group Limited 100% · England

Significant events

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

People

3 active · 1 resigned

Name Role Appointed Born Nationality
MC CONACHIE, James Wallace Secretary 1988-09-27 — —
MCCONACHIE, James Wallace Director 1988-09-27 Apr 1946 British
MCCONACHIE, Robert Martyn Director 2017-01-17 Aug 1982 British
Show 1 resigned officer
Name Role Appointed Resigned
THOMPSON, Elizabeth Veronica Director 1988-09-27 2010-03-08

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr James Wallace Mcconachie Individual Shares 75–100%, Voting 75–100%, Appoints directors 2016-12-31 Active

Filing timeline

Last 20 of 110 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2023-01-04 CERTNM Certificate change of name company PDF
Date Type Category Description
2025-09-12 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-05-06 AA accounts Accounts with accounts type group
2024-10-08 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-05-31 AA accounts Accounts with accounts type group
2024-05-30 AA01 accounts Change account reference date company previous shortened PDF
2024-05-28 AA01 accounts Change account reference date company previous extended PDF
2023-10-04 CS01 confirmation-statement Confirmation statement with updates PDF
2023-10-04 SH01 capital Capital allotment shares PDF
2023-04-24 AA accounts Accounts with accounts type group
2023-01-10 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-01-04 CERTNM change-of-name Certificate change of name company PDF
2022-05-24 PARENT_ACC accounts Legacy
2022-05-24 AA accounts Accounts with accounts type group
2022-01-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-03-25 AA accounts Accounts with accounts type group
2021-03-03 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2021-02-08 CS01 confirmation-statement Confirmation statement with no updates PDF
2020-10-01 MR04 mortgage Mortgage satisfy charge full
2020-10-01 MR04 mortgage Mortgage satisfy charge full
2020-10-01 MR04 mortgage Mortgage satisfy charge full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

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

FY2023 → FY2024 · period ending 2024-08-31 vs 2023-08-31

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