SOUTH WEST WATER LIMITED

1. SOUTH WEST WATER LIMITED 1998-08-01 → present
2. SOUTH WEST WATER SERVICES LIMITED 1989-04-01 → 1998-08-01

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

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.

Accounting basis

FRS 101 'Reduced Disclosure Framework'

Reporting scope

Consolidated group

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The going concern basis has been adopted in preparing these financial statements. At 31 March 2025 the Company has access to undrawn committed funds and cash and cash equivalents totalling £650.6 million, including cash and other short-term deposits of £40.6 million and £37.0 million of undrawn facilities.”

Group structure

1. SOUTH WEST WATER LIMITED · parent
   1. Bristol Water Plc · England
   2. South West Water Finance Plc · England
   3. South West Water Customer Services Limited · England

Significant events

• “Every year communities across our region celebrate the festive season with organised sea swims on Christmas Eve, Christmas Day, Boxing Day, New Year's Eve and New Year's Day. These events are increasingly popular and a huge event in the calendar year for customers across Devon and Cornwall.”
• “They say that in the most challenging of times, you see the very best in people, and that's exactly what happens when an incident occurs. We saw the last year in and around the communities of Brixham when a boil water notice was issued following a very rare Outbreak of Cryptosporidium.”
• “Storm Darragh was one of the worst storms to hit the West Country in decades. The Met Office issued an extremely rare red weather warning across areas of the South West. The storm was more widely spread than initially forecast, with high winds, causing numerous power outages.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

2

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +1.1%

  £731,300,000 → £739,200,000

• Cash

  +35,175%

  -£800,000 → £280,600,000

• Net assets

  +31%

  £911,200,000 → £1,193,400,000

• Employees

  +0.6%

  2,761 → 2,777

• Operating profit

  -18.1%

  £172,800,000 → £141,500,000

• Profit before tax

  -460%

  £17,000,000 → -£61,200,000

• Wages

  +17.7%

  £108,700,000 → £127,900,000

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