South West Water Limited

South West Water Limited

Trading as: South West Water
#02366665 Active
B2cServices

South West Water provides essential water and wastewater services to approximately 1.8 million customers across Cornwall, Devon, parts of Somerset, Dorset, and the Isles of Scilly, ensuring clean and safe water supply and effective waste management.

Founded: 01/04/1989
Industries: Water collection, treatment and supplySewerage
Location: Exeter

Products

  • Drinking Water
  • Sewage Treatment

Services

  • Wastewater Management
  • Water Supply

Financial Snapshot

Last accounts made up to 31 March 2024
Next accounts due 31 December 2025 (7 months)
Cash in Bank £26m
↓ -44%
Turnover £731.3m
↑ 29%
EBITDA £323.3m
↑ 41%
Total Liabilities £559.1m
↑ 0%
Employees 2,761
↑ 46%

Directors

Role:
Company Director
Appointed:
08/04/2025
Nationality:
British
Age:
60 years
Role:
Company Director
Appointed:
11/07/2024
Nationality:
British
Age:
49 years
Role:
Company Director
Appointed:
01/07/2024
Nationality:
British
Age:
65 years
Role:
Non-executive Director
Appointed:
01/12/2022
Nationality:
British
Age:
56 years
Role:
Consultant
Appointed:
01/12/2022
Nationality:
British,american
Age:
45 years
Role:
Management Consultant
Appointed:
31/07/2020
Nationality:
British
Age:
74 years
Role:
Company Director
Appointed:
31/07/2020
Nationality:
British
Age:
56 years
Role:
Company Director
Appointed:
28/09/2017
Nationality:
British
Age:
62 years

People with Significant Control

Nature of Control:
Ownership Of Shares 75 To 100 Percent, Voting Rights 75 To 100 Percent, Right To Appoint And Remove Directors
Notified On:
06/04/2016
Nationality:
United Kingdom
Mar 2024Mar 2023Mar 2022
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
1 shareholder available
Shareholder 1
Shares:
Percentage:
Filing Date:
Shareholder 2
Shares:
Percentage:
Filing Date:
Shareholder 3
Shares:
Percentage:
Filing Date:

Charges

9 charges registered
Societe Generale, London Branch Outstanding
Created 23/11/2015
#023666650009 Negative Pledge
W&G Industrial Leasing Limited Satisfied
Created 21/12/2007

The deposit in respect of the account no 31282995,. see the mortgage charge document for full detail...

Properties

100 properties
Regions
1
Freehold
97
Leasehold
3
SOUTH WEST

Norton St Philip Reservoir, Farleigh Road, Norton St Philip, Bath (BA2 7NG)

Freehold BA2 7NG
Added 26/04/2023 SOMERSET
SOUTH WEST

Land on the West side of Grove Shute Farm, Tadhill, Leigh Upon Mendip, Radstock (BA3 5QT)

Freehold BA3 5QT
Added 26/04/2023 SOMERSET
SOUTH WEST

Land lying to the north west of Ringwood Road, Ferndown (BH22 9AB)

Freehold BH22 9AB
£300,000
Added 21/07/2016 DORSET
3 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: £4,284,634.93

Department for Business, Energy and Industrial Strategy
£65,575.00

Full Grant details (including summaries) can be found on the Gateway to Research website: https://gtr.ukri.org/projects?ref=MR/V024655/1

Date Awarded:
01/04/2022
Programme:
UKRI - FLF - Scheme 22/23
Department for Business, Energy and Industrial Strategy
£3,504.86

Full Grant details (including summaries) can be found on the Gateway to Research website: https://gtr.ukri.org/projects?ref=10057186

Date Awarded:
01/04/2022
Programme:
UKRI - HEG - Scheme 22/23
Department for Environment, Food and Rural Affairs
£2,138,857.14

This peatland restoration project is focused on the moorlands of the South West (Cornwall (Bodmin Moor and Penwith), Devon and Somerset (Dartmoor Exmoor)). These peatlands of south-west England are very important for water, carbon storage, biodiversity, cultural history, recreation and farming.

Date Awarded:
12/10/2021
Programme:
NCF: Nature for Climate Peatland Scheme Rounds 1, 2 and 3
Department for Environment, Food and Rural Affairs
£1,031,716.00

This peatland restoration project is focused on the moorlands of the South West (Cornwall (Bodmin Moor and Penwith), Devon and Somerset (Dartmoor Exmoor)). These peatlands of south-west England are very important for water, carbon storage, biodiversity, cultural history, recreation and farming.

Date Awarded:
12/10/2021
Programme:
NCF: Nature for Climate Peatland Scheme Rounds 1, 2 and 3
Department for Business, Energy and Industrial Strategy
£57,185.40

Full Grant details (including summaries) can be found on the Gateway to Research website: https://gtr.ukri.org/projects?ref=MR/V024655/1

Date Awarded:
01/10/2021
Programme:
UKRI - UKRI - Scheme 21/22

Group Structure

Government Council Contracts Beta

Total Council Spend
£11,672,049.12
Across 5828 transactions
Contract Period
Jan 2011 - Aug 2024
2 councils
Average Per Council
£5,836,024.56
2914 avg. transactions

Council Partners

Cornwall Council
Exeter City Council

Company Filings

29/04/2025 Capital

Capital Allotment Shares

10/04/2025 Officers

Appoint Person Director Company With Name Date

05/02/2025 Officers

Change Person Director Company With Change Date

02/01/2025 Officers

Termination Director Company With Name Termination Date

16/12/2024 Resolution

Resolution

16/12/2024 Incorporation

Memorandum Articles

08/11/2024 Confirmation Statement

Confirmation Statement With No Updates