B & W GROUP LTD
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Cash
£8.2m
+196.1% highest in 3 filed years
Net assets
£62m
-24.8% lowest in 3 filed years
Employees
325
-0.6% lowest in 3 filed years
Profit before tax
£2.6m
+127% highest in 3 filed years
Net assets
3-year trend · vs Technology median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £131,918,732 | £179,175,000 | £171,254,000 | -4.4% | |
| Operating profit | -£520,082 | -£6,146,928 | -£2,402,968 | +60.9% | |
| Profit before tax | -£1,725,761 | -£9,453,000 | £2,550,000 | +127% | |
| Net profit | £501,255 | — | — | — | |
| Cash | £5,299,655 | £2,755,000 | £8,158,000 | +196.1% | |
| Total assets less current liabilities | £90,336,523 | £83,911,175 | £60,887,570 | -27.4% | |
| Net assets | £70,692,658 | £82,143,000 | £61,739,000 | -24.8% | |
| Equity | £70,692,658 | — | £0 | — | |
| Average employees | 381 | 327 | 325 | -0.6% | |
| Wages | £10,413,398 | £6,363,000 | £4,769,000 | -25.1% | |
| Directors' remuneration | £673,047 | £530,000 | £186,000 | -64.9% |
Figures converted to GBP from USD at 0.742 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -0.4% | -3.4% | -1.4% | |
| Net margin | 0.4% | — | — | |
| Return on capital employed | -0.6% | -7.3% | -3.9% | |
| Gearing (liabilities / total assets) | 59.0% | 56.7% | 60.1% | |
| Current ratio | 1.45x | 2.05x | 2.24x | |
| Interest cover | -0.39x | -3.44x | -1.40x |
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.
Name history
Renamed 1 time since incorporation
- B & W GROUP LTD 2005-04-19 → present
- B & W LOUDSPEAKERS LIMITED 1966-06-01 → 2005-04-19
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on this review, management has a reasonable expectation that the Company has adequate resources, including the availability of intercompany receivables, to continue in operational existence for a period of at least 12 months from the date of approval of these financial statements.”
Group structure
- B & W GROUP LTD · parent
- B&W Group Asia Ltd 100%
- B&W Group Belgium NV 100%
- B&W Group Finland OY 100%
- B&W Group France SARL 100%
- B&W Group Germany Gmbh 100%
- B & W Group (Logistics) Ltd 100%
- B&W Group (Schweiz) GmbH 100%
- B&W Group Espana S.A 100%
- B&W Group Nederland BV 100%
- B & W Speakers Ltd 100%
- Sound United Sales & Marketing Pty Limited 100%
- Bowers & Wilkins Trading (Zhuhai) Co Ltd 100%
- B&W Group (China) Limited 100%
- B&W Group Production (HK) Ltd 100%
- Bowers & Wilkins Ltd 100%
Significant events
- “On 6 May 2025, a definitive agreement was announced by the Company's former ultimate parent undertaking to divest its consumer audio business division, which encompasses B & W Group Ltd. and its subsidiary undertakings to HARMAN International Industries, Incorporated.”
- “During 2026, HARMAN executed an Intellectual Property centralisation exercise, transferring Bowers and Wilkins Intellectual Property rights to Sound United LLC for $80,170K.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 37 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| COURTNEY-WHEATLEY, Lee David Andrew | Secretary | 2022-08-01 | — | — |
| COURTNEY-WHEATLEY, Lee David Andrew | Director | 2022-08-01 | Feb 1975 | British |
| HARTJE, Mark | Director | 2026-01-19 | Mar 1973 | German |
Show 37 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ANDERSON, Keith Charles | Secretary | 1996-08-14 | 1998-09-30 |
| DAVIES, Michael John | Secretary | 1998-09-30 | 2003-09-30 |
| EDWARDS, Geoffrey Ivor | Secretary | 2020-09-28 | 2022-05-24 |
| EDWARDS, Geoffrey Ivor | Secretary | 2003-09-30 | 2005-10-01 |
| ROWLES, Raymond Clifford | Secretary | — | 1996-08-14 |
| WILLIAMS, Martyn Jeremy | Secretary | 2005-10-01 | 2018-10-17 |
| ANDERSON, Keith Charles | Director | — | 2001-02-02 |
| ATKINS, Joseph Victor | Director | 1994-11-09 | 2017-11-16 |
| BERLAND, Hans Henrik | Director | 2006-07-26 | 2017-08-01 |
| BERLAND, Hans Henrik | Director | 1991-09-01 | 1994-11-09 |
| COIRBAY, Xavier | Director | 2006-07-26 | 2016-05-03 |
| CRAGG, Howard | Director | — | 1992-06-26 |
| DAVIES, Michael John | Director | 2001-02-02 | 2003-09-30 |
| DOWNEY, Frederick John | Director | — | 1994-11-09 |
| DUFFY, Kevin Patrick | Director | 2020-10-09 | 2022-08-05 |
| DUGGINS, David Kenneth | Director | 2020-02-07 | 2020-10-09 |
| EDWARDS, Geoffrey Ivor | Director | 2020-10-09 | 2022-05-24 |
| EDWARDS, Geoffrey Ivor | Director | 2002-10-01 | 2018-10-17 |
| FRYER, Peter Alexander | Director | — | 1994-10-20 |
| HATAISHI, Paul Kano | Director | 2023-05-09 | 2025-09-23 |
| HAYWARD, Peter Lloyd | Director | — | 1991-09-23 |
| HUIZING, Evert Jan | Director | 2003-09-20 | 2017-11-16 |
| JOHNSON, Duncan Edward | Director | 2011-12-09 | 2016-02-22 |
| KIM, Jung Il | Director | 2018-12-07 | 2019-11-29 |
| LEE, Gregory | Director | 2019-09-03 | 2020-02-07 |
| LEWIS, Timothy Richard Gwynne | Director | 2016-02-15 | 2016-05-03 |
| LIU, David | Director | 2016-05-03 | 2019-09-03 |
| MULLER, Bart Diederik | Director | 2020-10-09 | 2022-09-21 |
| ROE, Stephen Philip Burnham | Director | — | 1994-10-24 |
| SHEEN, David Robert | Director | 2022-12-16 | 2024-08-09 |
| ST CLAIR, Scott | Director | 2020-10-09 | 2022-08-01 |
| STANFORTH, Andrew Paul | Director | — | 2003-09-30 |
| TRUNZ, Robert Otto | Director | — | 1994-11-09 |
| TRUSTEY, Joseph Francis | Director | 2003-10-01 | 2006-07-26 |
| WATTS, Philip Graham | Director | — | 1994-10-31 |
| YOUNG, Micah Wesley | Director | 2022-10-27 | 2023-04-14 |
| YU, Gideon | Director | 2017-11-16 | 2020-02-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Dei Sales, Inc. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-04-22 | Active |
| B&W Acquisition Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-05-03 | Ceased 2020-10-09 |
| Eva Automation Inc | Corporate entity | Shares 75–100% | 2016-05-03 | Ceased 2016-05-03 |
Filing timeline
Last 20 of 413 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-29 | AA | accounts | Accounts with accounts type full | |
| 2026-07-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-17 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-23 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-09-19 | AA | accounts | Accounts with accounts type full | |
| 2025-07-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-22 | AA01 | accounts | Change account reference date company previous extended | |
| 2025-01-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-12-03 | AA | accounts | Accounts with accounts type full | |
| 2024-09-30 | AA01 | accounts | Change account reference date company current shortened | |
| 2024-08-15 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-08-14 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2024-08-12 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-09 | AA | accounts | Accounts with accounts type full | |
| 2023-07-20 | AA01 | accounts | Change account reference date company previous shortened | |
| 2023-07-19 | AA | accounts | Accounts with accounts type full | |
| 2023-07-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-16 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 1
- 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.