She's the woman affectionately nicknamed Sponge helping to 'laugh and love again' after the death of his wife.
And as the star picked up his OBE from earlier this week, many speculated whether the brunette watching on proudly was the mystery girlfriend.
It can now be revealed that her name is Yvette and she has been dating Davis, 56, for a year.
A source close to the actor said: 'Warwick went through such a hard time when he lost his wife, it was very, very difficult for him and his children. He is very happy with Yvette and he hopes that he can have a delightful life away from the limelight with her.'
Davis revealed he had found love again last year when he accepted his Fellowship on stage.
During his speech he said: 'A special mention, too, should go to Sponge, you know who you are. Thank you for showing me that life can still have meaning and helping me to laugh and to love again.'
On Wednesday, she was pictured standing alongside the actor's two children as the 6ft 3in prince crouched down to pin the OBE medal on to the 3ft 6in Davis for his services to drama and charity at Windsor Castle.
It was also revealed last night that she had attended the Bafta Film Awards with Davis at London's Royal Festival Hall last month.
Warwick Davis has been dating Yvette for a year now (pictured David and Yvette)
Accepting his Bafta Fellowship on stage last year, Davis shared the news that he had found love again
