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Cash

£138m

+26.4% highest in 3 filed years

Net assets

£364m

+22.7% highest in 3 filed years

Employees

1,561

-1% lowest in 3 filed years

Profit before tax

£91m

+68.3% highest in 3 filed years

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £1,125,800,000£1,109,700,000£1,246,000,000 +12.3%
Operating profit £68,300,000£54,200,000£91,200,000 +68.3%
Profit before tax £68,300,000£54,200,000£91,200,000 +68.3%
Net profit £52,200,000£40,600,000£67,500,000 +66.3%
Cash £29,700,000£109,200,000£138,000,000 +26.4%
Total assets less current liabilities £276,900,000£319,700,000£387,300,000 +21.1%
Net assets £259,900,000£297,100,000£364,400,000 +22.7%
Equity £259,900,000£297,100,000£364,400,000 +22.7%
Average employees 1,6871,5771,561 -1%
Wages £106,500,000£102,400,000£114,200,000 +11.5%
Directors' remuneration £2,000,000£1,800,000£700,000 -61.1%
Directors' pension contributions £100,000£100,000— —
Highest paid director £500,000£500,000£500,000 0%

Values shown as filed in the company's annual accounts. — 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 2023-12-312024-12-312025-12-31
Operating margin 6.1%4.9%7.3%
Net margin 4.6%3.7%5.4%
Return on capital employed 24.7%17.0%23.5%
Gearing (liabilities / total assets) 54.5%52.5%49.7%
Current ratio 1.91x1.97x2.08x

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 4 times since incorporation

  1. CDW LIMITED 2016-03-21 → present
  2. KELWAY LIMITED 2013-08-01 → 2016-03-21
  3. KELWAY (UK) LIMITED 2000-02-02 → 2013-08-01
  4. KELWAY COMPUTER SUPPLIES LIMITED 1996-07-17 → 2000-02-02
  5. LANTIL LIMITED 1990-01-31 → 1996-07-17

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Ernst & Young LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Based on these considerations, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the period to 31 October 2027.”

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

People

3 active · 29 resigned

Name Role Appointed Born Nationality
CONNELLY, Elizabeth Hartigan Director 2026-06-01 Feb 1965 American
VAN BARTHOLD, Lorraine Helen Director 2023-05-19 Feb 1986 British
WILLIAMS, Penelope Ruth Director 2022-11-14 Jun 1966 British
Show 29 resigned officers
Name Role Appointed Resigned
COMPTON, Craig Brian Secretary 2008-07-04 2011-06-07
DOYE, Stephen Paul Kelway Secretary — 1993-04-01
DOYE, Wendy Margaret Secretary 1993-04-01 1998-06-30
HENRY, Darren Alexander Secretary 1998-09-28 2008-07-04
LANGLOIS, Xavier Secretary 2016-01-29 2017-01-31
ROSS, Timothy Lloyd Secretary 2011-06-07 2016-01-29
TALWAR, Rajeev Secretary 1998-06-30 1998-09-28
AVIS, Philip John Director 2001-02-14 2006-11-14
CHAPMAN, David Director 2017-02-28 2020-12-01
COMPTON, Craig Brian Director 2008-07-04 2011-06-07
CORLEY, Christina Marie Director 2018-03-01 2026-05-01
DOYE, Philip Mark Kelway Director — 2017-03-20
DOYE, Stephen Paul Kelway Director — 1993-04-01
DOYE, Wendy Margaret Director 1993-04-01 2006-11-14
FAIRFIELD, Neil Barry Director 2017-02-28 2020-09-08
FAKHRY, Walid Khalil Director 2006-11-14 2014-11-06
HENRY, Darren Alexander Director 2000-06-30 2006-11-14
HUPP, James Darren Director 2021-01-01 2024-11-18
KEBO, Colin Bradley Director 2017-02-28 2018-03-01
LAMEY, Steven Director 2012-07-04 2012-12-07
LAWS, Daniel Andrew Director 2011-06-07 2021-01-01
LEAHY, Christine A. Director 2017-02-28 2018-03-01
LOCY, Peter R. Director 2022-06-07 2024-12-06
MEE, Grace Emily Rosina Director 2020-12-01 2021-11-30
MOCCIARO, Ilaria Director 2020-12-01 2022-04-18
NESBIT, Thomas Nathaniel Angus Director 2022-11-14 2024-11-19
PAPE, Malcolm John Director 2020-12-01 2024-11-29
PEPPERALL, Henry Brian Director 2012-03-05 2017-02-28
PRIOR, James Robert Director 2017-02-28 2020-12-01

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Cdw Finance Holdings Limited Corporate entity Shares 75–100% 2016-04-06 Active

Filing timeline

Last 20 of 205 total filings

Date Type Category Description
2026-10-13 AA accounts Accounts with accounts type full
2026-07-10 AP01 officers Appoint person director company with name date PDF
2026-06-25 TM01 officers Termination director company with name termination date PDF
2026-02-05 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-10-02 AA accounts Accounts with accounts type full
2025-01-20 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-12-07 TM01 officers Termination director company with name termination date PDF
2024-12-07 TM01 officers Termination director company with name termination date PDF
2024-12-07 TM01 officers Termination director company with name termination date PDF
2024-11-29 TM01 officers Termination director company with name termination date PDF
2024-10-11 AA accounts Accounts with accounts type full
2024-01-18 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-12-21 AA accounts Accounts with accounts type full
2023-07-25 CH01 officers Change person director company with change date PDF
2023-07-25 CH01 officers Change person director company with change date PDF
2023-07-25 CH01 officers Change person director company with change date PDF
2023-07-25 CH01 officers Change person director company with change date PDF
2023-07-25 CH01 officers Change person director company with change date PDF
2023-07-11 CH01 officers Change person director company with change date PDF
2023-07-11 CH01 officers Change person director company with change date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
5

last 12 months

Capital events
0

last 24 months

Officers appointed
1

last 12 months

Officers resigned
1

last 12 months

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

Official Companies House page