HYDROSAVE UK LIMITED

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 102

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors consider it is appropriate to prepare the financial statements on a going concern basis. In order to assess the South Staffordshire Plc Group's (the "Group") and the Company's liquidity requirements and trading prospects, a detailed business planning process is completed for review by the Board.”

Group structure

1. HYDROSAVE UK LIMITED · parent
   1. Advanced Engineering Solutions Limited 100% · England and Wales · Pipeline and pipeline equipment engineers
   2. Swallow Court (Kettering) Management Limited 25% · England and Wales · Property Service Management Company
   3. Subaqua Solutions Limited 100% · England and Wales · Dormant

Significant events

• “The Company has started to diversify its customer base where opportunities allow, reducing its reliance on a small number of water and wastewater utilities by expanding into the Commercial & Industrial sectors, and increasing our overseas market presence for patented products and services.”
• “Operating within an aggressive recruitment environment along with recurrent upward inflationary cost pressures associated with labour and transportation costs continues to be challenging.”
• “Whilst there have been particular issues highlighted during the year with regards to the liquidity of one such customer, the Company is actively mitigating this risk through an increased focus on debt management.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  -0.2%

  £22,118,000 → £22,075,000

• Cash

  +0.9%

  £7,929,000 → £7,999,000

• Net assets

  +21.8%

  £8,070,000 → £9,828,000

• Employees

  -12%

  400 → 352

• Operating profit

  +65.6%

  £928,000 → £1,537,000

• Profit before tax

  +75.2%

  £1,009,000 → £1,768,000

• Wages

  -3.1%

  £12,055,000 → £11,679,000

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