West Midlands Growth Company Limited

West Midlands Growth Company Limited

Trading as: West Midlands Growth Company
#01631329 Active
B2bServices

The West Midlands Growth Company is dedicated to fostering economic development in Birmingham and the West Midlands by creating jobs, expanding businesses, attracting investment, and promoting tourism.

Founded: 26/04/1982
Industries: Activities of other membership organizations n.e.c.
Location: Birmingham

Services

  • Capital Attraction
  • Inward Investment
  • Tourism Development

Financial Snapshot

Last accounts made up to 31 March 2024
Next accounts due 31 December 2025 (7 months)
Cash in Bank £3.22m
↑ 11%
Turnover £10.93m
↑ 23%
EBITDA £48,324
↓ -52%
Total Liabilities £5.16m
↑ 1%
Employees 91
↑ 21%

Directors

Role:
Chief Executive Officer
Appointed:
21/03/2024
Nationality:
New Zealander,british,french
Age:
51 years
Role:
Vice Chancellor
Appointed:
01/12/2023
Nationality:
British
Age:
56 years
Role:
Chief Executive
Appointed:
20/09/2023
Nationality:
British
Age:
58 years
Role:
Chief Executive
Appointed:
07/06/2022
Nationality:
British
Age:
59 years
Role:
Midlands Practice Senior Partner
Appointed:
13/09/2021
Nationality:
British
Age:
55 years
Role:
Interim Chief Executive
Appointed:
24/08/2021
Nationality:
British
Age:
53 years
Role:
Chief Marketing Officer
Appointed:
30/06/2020
Nationality:
British
Age:
51 years
Role:
Company Director
Appointed:
07/06/2018
Nationality:
British
Age:
58 years
Role:
Certified Accountant
Appointed:
23/05/2018
Nationality:
British
Age:
55 years
Role:
Chairman
Appointed:
13/06/2017
Nationality:
British
Age:
73 years
Role:
Chief Executive
Appointed:
20/10/2010
Nationality:
British
Age:
57 years

People with Significant Control

No active PSCs found
Mar 2022Mar 2021Mar 2020
Income Statement
Turnover
Export Revenue
Sales
Other Operating Income
Other Operating Items
Cost of Sales
Raw Materials & Consumables
Gross Profit
Admin Expenses
Other Operating Charges
Depreciation
R&D Expenses
Operating Profit
EBITDA
Financial Revenue
Financial Expenses
Financial Profit/Loss
Interest Paid
Extraordinary Revenue
Extraordinary Expenses
Net Extraordinary Items
Pre-Tax Profit
Tax
Profit After Tax
Retained Profit
Balance Sheet
Non-Current Assets
Intangible Assets
Tangible Fixed Assets
Other Non-Current Assets
Current Assets
Stock
Debtors
Cash in Hand
Other Current Assets
Called Up Share Capital
P&L Account Reserve
Shareholder Funds
Other Shareholder Funds
Provisions
Long Term Debt
Creditors (> 1 year)
Other Non-Current Liabilities
Short Term Debt
Creditors
Creditors (< 1 year)
Other Current Liabilities
Key Metrics
Net Assets
Net Current Assets
Total Assets Less Current Liabilities
Working Capital
Enterprise Value
Added Value
Cashflow Before D&A
Other Information
Staff Costs
Number of Employees
0 shareholders available
Shareholder 1
Shares:
Percentage:
Filing Date:
Shareholder 2
Shares:
Percentage:
Filing Date:
Shareholder 3
Shares:
Percentage:
Filing Date:

Charges

No charges registered

Properties

4 properties
Regions
1
Freehold
0
Leasehold
4
WEST MIDLANDS

Baskerville House, Broad Street, Birmingham (B1 2ND)

Leasehold B1 2ND
Added 03/01/2012 BIRMINGHAM
WEST MIDLANDS

Baskerville House, Broad Street, Birmingham (B1 2ND)

Leasehold B1 2ND
Added 12/12/2011 BIRMINGHAM
WEST MIDLANDS

Office Premises At Part Floor 11, The Colmore Building, 20 Colmore Circus Queensway, Birmingham (B4 6AT)

Leasehold B4 6AT
Added 22/08/2022 BIRMINGHAM
0 issuances recorded

Total Amount Raised (Valid Issuances)

Shares Issued (Valid Issuances)

Date CLASS
Shares Issued:
Price Per Share:
Amount Raised:
Filing:
Date CLASS
Shares Issued:
Price Per Share:
Amount Raised:
Filing:

Grants

Total grant funding received: £2,265,221.00

Department for International Trade
£160,000.00

ME KAM Programme - A grant funded programme to support Local Enterprise Partnerships across the Midlands in having the tools and resources to strategically account manage existing foreign investors to generate expansions and reinvestment.

Date Awarded:
01/04/2020
Programme:
Midlands Engine 20/21
Department for Digital, Culture, Media & Sport
£29,866.00

The purpose of this grant award is designed to help alleviate the financial pressure many destination management organisations (DMOs) in England are currently facing as a result of the COVID-19 outbreak. The Scheme will help to continue paying for those employees who have a critical role to play in communicating and engaging with tourism businesses during the current COVID-19 outbreak who would have otherwise been furloughed.

Date Awarded:
01/04/2020
Programme:
ALB - British Tourist Authority t/a VisitEngland - COVID-19 Destination Management Resilience Scheme
Department for International Trade
£120,000.00

ME KAM Programme - A grant funded programme to support Local Enterprise Partnerships across the Midlands in having the tools and resources to strategically account existing foreign investors to generate expansions and reinvestment.

Date Awarded:
01/09/2019
Programme:
Midlands Engine Challenge Fund
Department for Digital, Culture, Media & Sport
£190,355.00

The purpose of this Grant is predominantly to fund the project, The Waterways of England which has three core aims: (a) product development - to increase bookable, commissionable product along the intuitive routes created by the waterways, creating unique, memorable English holidays which encourage repeat visits; (b) market development - to increase the knowledge of, and propensity to visit to Englands Heartlands through the travel trade supply chain; and (c) economic impact by using the waterways as the hook to increase the volume and value of visits across the seasons and upscaling the project across the English waterways. The target overseas markets are Germany and The Netherlands.

Date Awarded:
01/04/2019
Programme:
ALB - VisitEngland - Discover England Fund
Department for International Trade
£125,000.00

To provide an exhibition pavilion at the world's largest commercial property show, MIPIM Cannes, showcasing the capital investment opportunities of the whole Midlands to international investors.

Date Awarded:
01/04/2019
Programme:
Midlands Engine Challenge Fund

Group Structure

Government Council Contracts Beta

Total Council Spend
£209,079.97
Across 21 transactions
Contract Period
Apr 2017 - Sept 2024
2 councils
Average Per Council
£104,539.99
11 avg. transactions

Council Partners

Leicester City Council
Worcestershire County Council

Company Filings

09/04/2025 Officers

Termination Director Company With Name Termination Date

09/04/2025 Officers

Termination Director Company With Name Termination Date

09/04/2025 Officers

Termination Director Company With Name Termination Date

09/04/2025 Officers

Termination Director Company With Name Termination Date

09/04/2025 Officers

Termination Director Company With Name Termination Date

09/04/2025 Officers

Termination Director Company With Name Termination Date

09/04/2025 Officers

Termination Director Company With Name Termination Date