BGF GROUP PLC
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Cash
£104M
-53.4% vs 2023
Net assets
£2.8B
+4.5% vs 2023
Employees
210
+1.9% vs 2023
Profit before tax
£131M
+93% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Annual accounts overdue
Due 2026-06-30.
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £104,838,000 | £120,092,000 | +14.6% | |
| Operating profit | £60,591,000 | £125,716,000 | +107.5% | |
| Profit before tax | £67,969,000 | £131,149,000 | +93% | |
| Net profit | £68,206,000 | £120,944,000 | +77.3% | |
| Cash | £223,219,000 | £103,937,000 | -53.4% | |
| Total assets less current liabilities | £2,861,318,000 | £2,985,471,000 | +4.3% | |
| Net assets | £2,691,388,000 | £2,812,332,000 | +4.5% | |
| Equity | £2,691,388,000 | £2,812,332,000 | +4.5% | |
| Average employees | 206 | 210 | +1.9% | |
| Wages | £35,008,000 | £36,677,000 | +4.8% | |
| Directors' remuneration | £5,113,000 | £5,178,000 | +1.3% |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 57.8% | 104.7% | |
| Net margin | 65.1% | 100.7% | |
| Return on capital employed | 2.1% | 4.2% | |
| Gearing (liabilities / total assets) | 6.7% | 6.6% | |
| Current ratio | 14.77x | 9.69x | |
| Interest cover | 53.48x | 86.82x |
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
- BGF GROUP PLC 2018-05-04 → present
- BGF GROUP LIMITED 2017-03-07 → 2018-05-04
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis which the Directors consider to be appropriate for the following reasons. The Directors have prepared cash flow forecasts for a period of 12 months from the date of approval of these financial statements which indicate that, upon analysis of reasonable scenarios, the Group and Company will have sufficient funds to meet their liabilities as they fall due for that period.”
Group structure
- BGF GROUP PLC · parent
- BGF Services Ltd 100%
- BGF Investments LP
- BGF Nominees Ltd 100%
- Business Growth Fund Ltd 100%
- BGF Investment Management Ltd 100%
Significant events
- “In April 2025 the US government announced tariffs on all goods imported into the US. An initial review of the exposure to US exports was conducted and determined that the current portfolio should not be significantly impacted by the tariffs. As a result, the Board considers any impact on the fair value of investments as at 31 December 2024 to be immaterial.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
13 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MURRAY, David Robert | Secretary | 2017-05-23 | — | — |
| BARKER, Benjamin Julius | Director | 2026-02-11 | Jan 1977 | British |
| BLAIR, Rosaleen | Director | 2024-07-01 | Nov 1965 | Irish |
| CHEW, James Laurence | Director | 2017-05-23 | Jul 1962 | British |
| DALY, Mark St John | Director | 2024-05-03 | Feb 1985 | British |
| DOUGALL, Anita | Director | 2025-11-01 | Aug 1968 | British |
| GREGORY, Andrew Nicholas | Director | 2020-07-16 | Sep 1966 | British |
| ISHERWOOD, Kristina Maria | Director | 2021-01-19 | Apr 1968 | British |
| JOHNSTONE, Stuart Christopher | Director | 2018-04-19 | Jun 1972 | British |
| LIVINGSTON, Ian Paul | Director | 2024-01-01 | Jul 1964 | British |
| OLDS, Christopher Andrew | Director | 2024-05-03 | Apr 1981 | South African,British |
| POULTER, Steven Matthew | Director | 2020-10-15 | Apr 1973 | British |
| STRANG, James Mark Nelson | Director | 2021-01-19 | Sep 1971 | British |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| AVIS, Alice Mary Cleoniki | Director | 2017-05-23 | 2026-04-30 |
| BOAG, Timothy John Donald | Director | 2017-05-23 | 2018-04-19 |
| JOHNSON, Neil Anthony | Director | 2017-05-23 | 2024-03-31 |
| MURPHY, Stephen Thomas | Director | 2017-05-23 | 2021-12-31 |
| NOBLE, Diana Georgina | Director | 2017-05-23 | 2019-07-18 |
| REED, Matthew Robert | Director | 2017-03-07 | 2024-05-03 |
| RUDD, Anthony Nigel Russell, Sir | Director | 2017-05-23 | 2020-06-30 |
| WALL, Kevin Charles | Director | 2017-05-23 | 2020-10-15 |
| WELTON, Stephen Frank | Director | 2017-03-07 | 2023-06-30 |
| WHITE, Adrian Patrick | Director | 2017-05-23 | 2024-05-03 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Uberior Investments Limited | Corporate entity | Significant influence | 2017-05-23 | Active |
| Hsbc (Bgf) Investments Limited | Corporate entity | Significant influence | 2017-05-23 | Active |
| Barclays Funds Investments Limited | Corporate entity | Significant influence | 2017-05-23 | Active |
| Rbs Sme Investments Limited | Corporate entity | Significant influence | 2017-05-23 | Active |
| Business Growth Fund Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-03-07 | Ceased 2017-05-23 |
Filing timeline
Last 20 of 105 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-11-14 RESOLUTIONS Resolution
- 2023-11-14 MA Memorandum articles
- 2023-11-14 CC04 Statement of companys objects
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-30 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-24 | AA | accounts | Accounts with accounts type group | |
| 2025-03-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-04 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-24 | AA | accounts | Accounts with accounts type group | |
| 2024-05-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-03 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-03 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-17 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-14 | RESOLUTIONS | resolution | Resolution | |
| 2023-11-14 | MA | incorporation | Memorandum articles | |
| 2023-11-14 | CC04 | change-of-constitution | Statement of companys objects | |
| 2023-06-30 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-29 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 1
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.