GBE (WESTFIELD) LIMITED
Company number 03674232 · Monitor this company
The annual accounts for this company are overdue.
The confirmation statement for this company is overdue.
Executive summary
GBE (Westfield) Limited represents a failed property holding vehicle within the Garrison Barclay group structure, now in formal liquidation following a catastrophic financial deterioration that saw total assets collapse from £13.8 million to £339k between 2022 and 2023. The company's financial profile was characterised by extreme dependence on intra-group balances, with amounts owed by group undertakings representing the vast majority of assets until their elimination in the latest period — a pattern consistent with pre-liquidation asset redistribution rather than genuine trading activity. Within the UK real estate sector, this entity's trajectory reflects the broader distress experienced by over-leveraged property vehicles during the interest rate tightening cycle, though its position as a group subsidiary means its failure was driven primarily by structural and intercompany dynamics rather than competitive market forces.
Shareholders' funds
-£2,254,352
Balance sheet as at 2023-09-27
Overview
- Company type
- Private Limited Company
- Incorporated
- 1998-11-25
- Registered office
- C/O Ajb Restructuring And Insolvency Limited Regus 1 Capital Quarter, Tyndall Street, Cardiff, CF10 4BZ
- Postcode
- CF10 4BZ
- Capital
- 118 GBP
- Accounts category
- Total Exemption Full
- Charges
- 17 outstanding
Accounts
- Last made up to
- 2023-09-27
- Next due by
- 2025-09-27 Overdue
- Financial year end
- 27 September
Confirmation statement
- Last statement dated
- 2023-11-25
- Next due by
- 2024-12-09 Overdue
Nature of business (SIC)
- 68100 Buying and selling of own real estate
Officers 1 current · 7 resigned
Group structure 2 subsidiaries
Controlled by GARRISON BARCLAY ESTATES LIMITED — since 2016-11-27
-
KIER GBE HOLDCO 1 LLP Dissolved
-
KIER GBE HOLDCO 2 LLP Dissolved
From persons-with-significant-control filings on the public register.
Previous company names
| Name | Date changed |
|---|---|
| GARRISON BARCLAY ESTATES LIMITED | 2019-05-10 |
| LEADTIME LIMITED | 1998-12-02 |
Previous registered addresses 12
| Address | Changed on |
|---|---|
| 1ST FLOOR 18 WINDSOR PLACE, CARDIFF, CF10 3BY | 2016-10-24 |
| 1ST FLOOR 17, WINDSOR PLACE, CARDIFF, CF10 3BY | 2014-12-30 |
| WESTERN HOUSE IPSWICH ROAD, CARDIFF, CF23 9AQ, WALES | 2013-08-04 |
| FIRST FLOOR WILLOW HOUSE HAZELL DRIVE, NEWPORT, GWENT, NP10 8FY | 2011-08-25 |
| UNIT 2E FORMER HILLS IND. SIR ALFRED OWEN WAY, PONTYGWINDY INDUSTRIAL ESTATE, CAERPHILLY, MID GLAMORGAN, CF83 3HU | 2011-01-04 |
| GISTERED OFFICE CHANGED ON 23/09/2009 FROM, BRANTON HOUSE, 1A GOWER STREET, CARDIFF, CF24 4PA | 2009-09-23 |
| BRANTON HOUSE, 1A GOWER STREET, CARDIFF, CF24 4PA | 2009-09-23 |
| 2 ALEXANDRA GATE, FFORDD PENGAM, CARDIFF, SOUTH GLAMORGAN CF24 2SA | 2005-09-06 |
| UNIT 3 PRIORITY BUSINESS CENTRE, CURRAN ROAD, CARDIFF, SOUTH GLAMORGAN CF10 5ND | 2004-11-15 |
| MANOR HOUSE, IPSWICH ROAD, CARDIFF, SOUTH GLAMORGAN CF23 9AQ | 2002-08-12 |
| 33-35 CATHEDRAL ROAD, CARDIFF, CF1 9HB | 2000-11-09 |
| 110 WHITCHURCH ROAD, CARDIFF, CF4 3LY | 1998-12-09 |
The class of 1998
59%
of the 972 companies in this sector incorporated in 1998 are still active today; 38% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 4 titles
- Freehold
- 3
- Leasehold
- 1
- Most recent registration
- 2007-04-02
- Where
- Caerphilly (3), Cardiff (1)
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| CYM261965 | Caerphilly | Freehold | 2007-04-02 | — |
| CYM4123 | Caerphilly | Freehold | 2007-04-02 | — |
| WA790478 | Caerphilly | Freehold | 2007-04-02 | — |
| WA128378 | Cardiff | Leasehold | 2002-08-19 | — |
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.