Development Bank of Wales plc registered in England & Wales under number 4055414 Registered office: 1 Capital Quarter, Tyndall Street, Cardiff, CF10 4BZ Development Bank of Wales Group is comprised of Development Bank of Wales plc and the following wholly owned subsidiary companies:
| Company name | Company Number |
| Development Bank of Wales Plc | 4055414 |
| DBW FM Limited | 1833687 |
| DBW Investments (2) Limited | 4811750 |
| DBW Investments (3) Limited | 5210122 |
| DBW Investments (4) Limited | 5433301 |
| DBW Investments (5) Limited | 6350427 |
| DBW Investments (6) Limited | 6763979 |
| DBW Investments (8) Limited | 7986338 |
| DBW Investments (9) Limited | 7986371 |
| DBW Investments (10) Limited* | 7986246 |
| DBW Investments (11) Limited | 8516240 |
| DBW Investments (12) Limited | 10184816 |
| DBW Investments (14) Limited | 10184892 |
| DBW Investments (15) Limited | 10655798 |
| DBW Services Limited | 10911833 |
| DBW Management Limited | 10964943 |
| DBW Holdings Limited | 10965662 |
| FW Capital Limited** | 7078439 |
| North West Loans Limited | 7397297 |
| NW Loans Limited | 7321359 |
| NE Growth 500 LP | 7169711 |
| Help to Buy Wales Limited*** | 8708403 |
| Angels Invest (Wales) Limited | 4601844 |
| Economic Intelligence Wales Ltd | 11001584 |
| TVUPB Ltd | 8516331 |
| FW Development Capital (North West) GP Ltd. | 8355233 |
| NW Loans NPIF GP Limited | 10597240 |
| TVC Loans NPIF GP Limited | 10597208 |
| FWC Loans (TVC) Limited | 10628006 |
| FWC Loans (North West) Limited | 10627745 |
| NE Property (GP) Limited | 4069901 |
*DBW Investments (10) Limited is authorised and regulated by the Financial Conduct Authority for credit-related regulated activities.
**FW Capital is authorised and regulated by the Financial Conduct Authority.
***Help to Buy Wales Limited is authorised and regulated by the Financial Conduct Authority for credit-related regulated activities not covered by an exemption