INLAND WATERWAYS ASSOCIATION(THE)
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-24 (in 6mo)
Last made up 2025-11-10
Watchouts
Cash
£743K
+9.6% vs 2023
Net assets
£3M
+12.5% vs 2023
Employees
34
-26.1% vs 2023
Profit before tax
—
Period ending 2024-12-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £1,890,454 | £1,818,463 | |
| Operating profit | — | — | |
| Profit before tax | — | — | |
| Net profit | £128,137 | £296,857 | |
| Cash | £678,252 | £743,088 | |
| Total assets less current liabilities | £2,370,994 | £2,680,782 | |
| Net assets | £2,367,331 | £2,664,188 | |
| Equity | £2,367,331 | £2,664,188 | |
| Average employees | 46 | 34 | |
| Wages | £758,834 | £608,641 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Net margin | 6.8% | 16.3% | |
| Gearing (liabilities / total assets) | 12.3% | 9.8% | |
| Current ratio | 2.65x | 3.28x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Sayer Vincent LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on The Inland Waterways Association's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- INLAND WATERWAYS ASSOCIATION(THE) · parent
- Essex Waterways Limited
- Inland Waterways Enterprises Ltd
- Waterway Recovery Group Ltd
Significant events
- “On 31 March 2025 ownership of Essex Waterways Ltd was transferred to a new charity, Essex Waterways Navigation Trust. The charitable activities of EWL were then transferred to the Navigation Trust.”
- “In 2024, the Association's risk register was reviewed half-way through the year, and it was further reviewed at the end of the year, with several new important strategic risks identified. The new strategic risks identified include a legal dispute with an investment property which the IWA owns, internal relationships with the Waterways Recovery Group and corporate memory loss.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 91 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| EDWARDS, Neil Bruce | Secretary | 2024-05-29 | — | — |
| ATKINS, Robert James, Rt Hon Sir | Director | 2017-04-03 | Feb 1946 | British |
| CHAPMAN, David Lawrence | Director | 2019-09-28 | Aug 1943 | British |
| MARLOW, Peter John Court | Director | 2023-09-23 | May 1952 | British |
| PORTER, Colin Howard | Director | 2024-08-19 | Mar 1950 | British |
| RIGLEY, Hannah | Director | 2021-09-25 | Aug 1994 | British |
| SESNAN, Ian Christopher Redmond, Dr | Director | 2024-07-06 | Apr 1957 | British |
| STRUDWICK, Paul Roland | Director | 2023-09-23 | Mar 1947 | British |
| WILLS, Michael John | Director | 2022-09-24 | Jul 1951 | British |
Show 91 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| EDWARDS, Neil Bruce | Secretary | 2018-12-31 | 2020-10-03 |
| EDWARDS, Neil Bruce | Secretary | 1996-01-20 | 2009-07-11 |
| ELLIOTT ADAMS, Helen | Secretary | 2009-07-11 | 2016-06-18 |
| ELLIOTT-ADAMS, Helen | Secretary | 2009-07-01 | 2016-06-18 |
| HART, Frances | Secretary | — | 1996-01-20 |
| OVERY, Andrew Kevin | Secretary | 2016-06-18 | 2018-12-31 |
| REDDY, Vedyamala | Secretary | 2023-02-01 | 2024-05-29 |
| WILSON, Genevieve Gabrielle | Secretary | 2020-10-03 | 2023-02-01 |
| ALLISON-BEER, David Keith | Director | — | 2002-03-15 |
| ARLIDGE, Neil Martin | Director | 2003-09-27 | 2008-12-15 |
| BARNES, Richard John Christopher | Director | 2022-09-24 | 2025-09-27 |
| BARNES, Richard John Christopher | Director | 2016-09-24 | 2022-03-12 |
| BAYLIS, John Walwyn | Director | 1999-09-25 | 2009-09-26 |
| BAYLIS, John Walwyn | Director | — | 1999-04-15 |
| BEARD, Douglas Albert | Director | 2008-09-27 | 2011-10-08 |
| BEARD, Douglas Albert | Director | 1996-03-28 | 2007-03-15 |
| BIRKETT, Paul Andrew | Director | 2015-09-26 | 2016-06-18 |
| BIRKS, Christopher | Director | 2010-07-02 | 2012-06-30 |
| BOLT, Peter Charles | Director | 2003-03-24 | 2008-04-26 |
| BRADLEY, Derek | Director | 2000-05-10 | 2009-05-07 |
| BRADSHAW, Elizabeth Suzanne Rylance | Director | 1996-05-23 | 2000-05-25 |
| BURSEY, Philippa Mary | Director | 2020-10-03 | 2020-11-10 |
| BURT, Stuart Mckay | Director | 2003-09-27 | 2008-01-09 |
| BUTLER, John Michael | Director | 2020-10-03 | 2023-09-23 |
| BUTLER, John Michael | Director | 2014-09-27 | 2017-09-24 |
| CAPLAN, Ivor Henry | Director | 2010-09-25 | 2020-11-17 |
| CARTER, Michael Charles | Director | 2015-09-26 | 2016-11-18 |
| CARTER, Raymond Francis | Director | 2008-09-27 | 2020-10-03 |
| CARTER, Raymond Francis | Director | — | 2001-09-12 |
| CHAMBERS, Alastair | Director | 2009-09-26 | 2013-04-17 |
| CLARK, Anthony Victor John | Director | 2009-01-04 | 2009-01-17 |
| COLLET-FENSON, Richard John | Director | 2014-01-03 | 2014-09-27 |
| CRAIG, Stuart | Director | 2023-09-23 | 2025-07-21 |
| DAVENPORT, Sheila Ann | Director | — | 1996-09-28 |
| DAVIS, Colin | Director | 2004-11-13 | 2008-07-13 |
| DENNISON, Jeffrey Peter | Director | 1997-09-27 | 2000-03-18 |
| DRAKE, Richard Grainger | Director | 1993-04-03 | 2002-12-31 |
| DUKES, Robert, Doctor | Director | 1999-05-10 | 2002-06-30 |
| DYBECK, Nicholas Martin | Director | 2020-10-03 | 2024-05-29 |
| EDWARDS, Neil Bruce | Director | — | 1995-08-31 |
| ETHERIDGE, Leslie Michael | Director | 2022-05-02 | 2023-09-23 |
| ETHERIDGE, Leslie Michael | Director | 2018-10-10 | 2018-10-23 |
| ETHERIDGE, Leslie Michael | Director | 2006-09-30 | 2018-09-29 |
| EVANS, Constance Vivian | Director | 1999-04-12 | 2003-03-24 |
| EVANS, John William Bryan | Director | 1998-03-21 | 1998-10-23 |
| FLETCHER, John Charles | Director | 1998-01-21 | 2009-09-26 |
| FLETCHER, Margaret | Director | 2002-11-17 | 2006-05-06 |
| FRECKNALL, John William Howard | Director | 1997-01-31 | 1999-04-10 |
| GRAZEBROOK, Nicholas Quartly | Director | 1999-03-24 | 2002-08-21 |
| GREEN, Barry Malcolm | Director | 1992-05-20 | 2000-05-10 |
| HANDFORD, Michael Anthony | Director | 1993-04-03 | 1994-06-04 |
| HARRISON, Anthony John Maxwell | Director | 1994-10-01 | 2009-09-26 |
| HARROWER, Gordon | Director | 2011-10-08 | 2017-09-24 |
| HENDERSON, Clive | Director | 2003-04-02 | 2015-09-26 |
| HIGGS, Robin Philip Coventry | Director | 1995-12-09 | 1999-09-25 |
| HOLLINGTON, Gerald | Director | 1994-04-16 | 1996-05-31 |
| HOLMES, Roger Edward | Director | 2018-10-10 | 2018-11-24 |
| HOLMES, Roger Edward | Director | 2013-01-03 | 2018-09-29 |
| HONES, Julia Anne | Director | 2005-10-01 | 2008-09-28 |
| HOWES, Christopher Walter | Director | 2017-09-30 | 2020-07-15 |
| HUGHES, Christl Anne | Director | 2024-08-19 | 2025-09-27 |
| HUGHES, Rebecca | Director | 2021-09-25 | 2023-02-01 |
| JACKSON, Peter | Director | — | 1992-04-04 |
| JERVIS, Alan | Director | — | 1998-06-30 |
| JONES, David Gareth | Director | 2014-09-27 | 2017-09-24 |
| JOYCE, William Henry | Director | 2006-05-03 | 2009-04-30 |
| KELLY, Peter John Louis | Director | 2002-09-27 | 2009-09-26 |
| KENNERLEY, James | Director | 2010-03-26 | 2010-10-11 |
| LAWRANCE, Alasdair John Alexander | Director | 2010-09-25 | 2013-10-12 |
| LYNAM, Paul | Director | 2024-02-21 | 2024-05-31 |
| MARTIN, Ronald Trevor | Director | 1995-04-26 | 1996-01-13 |
| MARTIN, Ronald Trevor | Director | — | 1993-02-28 |
| MCGRATH, Michael | Director | — | 1992-06-14 |
| MESSHAM, Grenville Christopher | Director | 2013-10-12 | 2017-11-25 |
| MOORE, David Leslie | Director | 1993-01-30 | 1995-04-26 |
| MOORE, Judith | Director | 2006-09-30 | 2008-05-01 |
| MOORE, Judith | Director | 1996-09-30 | 2004-09-25 |
| NORMAN, Claire | Director | 2022-09-24 | 2024-09-18 |
| O'HARE, Susan Claire, Dr | Director | 2020-10-03 | 2025-12-12 |
| PALMER, Michael Keith | Director | 2017-09-30 | 2020-10-03 |
| PALMER, Michael Keith | Director | 1994-10-01 | 2009-09-26 |
| PALMER, Ulick Charles | Director | 1992-04-04 | 1994-09-30 |
| PAYNE, Michael Philip | Director | 1994-12-10 | 1998-01-21 |
| PAYNE, Rita Elizabeth | Director | 1995-04-23 | 2007-09-29 |
| PECKETT, Bruce | Director | 1999-09-25 | 2002-05-17 |
| PERCY, Brian Raymond | Director | 1992-06-14 | 2002-01-30 |
| PLATT, Alan Joseph | Director | 2009-05-07 | 2015-09-26 |
| POMFRET, John Richard | Director | 2016-07-01 | 2017-09-24 |
| POMFRET, John Richard | Director | 2000-09-30 | 2013-10-12 |
| PRIOR, Dave | Director | 2005-05-06 | 2006-02-02 |
| PRITCHARD, Ronald William | Director | 1994-04-25 | 1997-03-26 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 417 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-20 | CH01 | officers | Change person director company with change date | |
| 2026-01-20 | CH01 | officers | Change person director company with change date | |
| 2026-01-20 | CH01 | officers | Change person director company with change date | |
| 2026-01-03 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-12-23 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-04 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-04 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-25 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-10 | AA | accounts | Accounts with accounts type group | |
| 2024-11-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-24 | AA | accounts | Accounts with accounts type group | |
| 2024-09-19 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-24 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-24 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-09 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-27 | CH01 | officers | Change person director company with change date | |
| 2024-06-05 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-05 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-31 | AP03 | officers | Appoint person secretary company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 4
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-3.8%
£1,890,454 £1,818,463
-
Cash
+9.6%
£678,252 £743,088
-
Net assets
+12.5%
£2,367,331 £2,664,188
-
Employees
-26.1%
46 34
-
Wages
-19.8%
£758,834 £608,641
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers