Annual Reports and Accounts

British Business Investments – Annual Report 2024

Key highlights include:

A record 25 new portfolio commitments to new and existing delivery partners at a total value of £591m
In its tenth year of operation, British Business Investments’ cumulative commitments are now £4.4bn
Net income from investments was £19m for 2023/24, and remains on track to meet its five-year target of a commercial return of 5%
Support for more than 16,000 smaller businesses across the UK, 84% of which are outside of London

Key highlights include:

19 new portfolio commitments to new and existing partners at a total value of £386m
In its ninth year of operation, British Business Investments' cumulative commitments now exceeds £3.8bn
At 6.4% five year adjusted return on average captial employed, delivering pre-tax profit of £38.1m in 2022/2023
Support for more than 18,000 smaller businesses across the UK, more than 84% of which are outside London

Key highlights include:

A record number of commitments to new and existing delivery partners – 20 in total, at a value of £350m
In its eighth year of operation, British Business Investments’ cumulative commitments reach almost £3.4bn
A strong returns performance, delivering pre-tax profit of £189.4m
Support for more than 24,000 smaller businesses across the UK, 85% of which are outside of London

Key highlights include:

A record number of 18 commitments to new and existing delivery partners, totalling £473m
In its seventh year of operation, cumulative commitments are up 19% year-on-year to over £3bn
Support for almost 30,000 smaller businesses across the UK, 85% of which are outside of London
A strong returns performance, delivering pre-tax profit of £107.4m

Key highlights include:

A record year of 15 commitments totalling £547m, including to nine new delivery partners
In its sixth year of operation, cumulative commitments are up 26% year-on-year to over £2.5bn
British Business Investments is supporting more than 37,000 small and medium sized businesses across the UK, an increase of nearly 9% year-on-year

Key highlights for 2018/19 include:

A gross annual income of £82m generated, delivering a pre-tax profit of £71m– an increase of 4.4% on 2017/18
A gross return on average capital employed for the year of 6.5%, or 5.6% net of costs, ahead of benchmarks of 5.6% and 5.0% respectively
Supporting over 34,000 small and medium sized business (SMEs) across the UK as at 31 March 2019, an increase of 28% on 31 March 2018
At 31 March 2019, British Business Investments had invested £1.1bn through 46 portfolio investments.

Key highlights for 2017-18 include:

A gross annual income of £76.2m generated, delivering a pre-tax profit of £67.9m – an increase of 23% on 2016/17
A gross return on average capital employed for the year of 7.0%, or 6.2% net of costs, both ahead of benchmarks of 5.6% and 5.0% respectively
Supporting nearly 27,000 business across the UK as at 31 March 2018, an increase of 51% on 31 March 2017
British Business Investments currently has £1.2bn invested, alongside £9.1bn of private sector capital, across 58 investment partners