CompanyTrack
W

WATER 2 BUSINESS LIMITED

Active Bristol

Other service activities n.e.c.

66 employees Website
Environment, agriculture and waste Other service activities n.e.c.
W

WATER 2 BUSINESS LIMITED

Other service activities n.e.c.

Founded 7 May 2013 Active Bristol, United Kingdom 66 employees water2business.co.uk
Environment, agriculture and waste Other service activities n.e.c.
Accounts Submitted 11 Nov 2025
Confirmation Statement Submitted 23 Apr 2025
Net assets £4.36M £2.49M 2024 year on year
Total assets £90.51M £14.29M 2024 year on year
Total Liabilities £86.16M £11.80M 2024 year on year
Charges None No charges registered

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Contact & Details

Registered Address

21e Somerset Square Nailsea Bristol BS48 1RQ United Kingdom

Credit Report

Discover WATER 2 BUSINESS LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

Financials

Financials

Period 1 Jan → 31 Dec 2024
Type Total Exemption Full
Next accounts 31 December 2025
Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2014–2024)

Cash in Bank

N/A

Decreased by £2.41M (-100%)

Net Assets

£4.36M

Increased by £2.49M (+133%)

Total Liabilities

£86.16M

Increased by £11.80M (+16%)

Turnover

£292.80M

Increased by £47.19M (+19%)

Employees

66

Increased by 3 (+5%)

Debt Ratio

95%

Decreased by 3 (-3%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
Dec Year End
2023
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

Officers

5 active 19 resigned
Status
Alan Derek MorganDirectorBritishEngland741 Apr 2017Active
Andrew Sheldon GarardDirectorBritishEngland5925 Nov 2022Active
Mark Timothy WattsDirectorBritishUnited Kingdom6415 Sept 2017Active
Quayseco LimitedCorporate-secretaryUnited KingdomUnknown16 May 2016Active
Stephen LavingtonSecretaryUnknownUnknown30 Sept 2024Active

Shareholders

Shareholders (3)

Wessex Water Limited
70.0%
7023 Apr 2025
Pennon Group Plc
30.0%
3023 Apr 2025
Bristol Water Holdings Limited
0.0%
023 Apr 2025

Persons with Significant Control

Persons with Significant Control (2)

2 Active 1 Ceased

Wessex Water Limited

United Kingdom

Active
Notified 6 Apr 2016
Nature of Control
  • Ownership Of Shares 50 To 75 Percent
  • Voting Rights 50 To 75 Percent
  • Right To Appoint And Remove Directors

Pennon Group Plc

United Kingdom

Active
Notified 31 Jan 2025
Nature of Control
  • Ownership Of Shares 25 To 50 Percent
  • Voting Rights 25 To 50 Percent

Bristol Water Holdings Limited

Ceased 31 Jan 2025

Ceased

Group Structure

Group Structure

WESSEX WATER LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
PENNON GROUP PLC united kingdom
WATER 2 BUSINESS LIMITED Current Company

Charges

Charges

No charges registered

Documents

Company Filings

DateCategoryDescriptionDocument
11 Nov 2025AccountsAnnual accounts made up to 2025-06-30View(41 pages)
24 Apr 2025Persons With Significant ControlPennon Group Plc notified as a person with significant controlView(2 pages)
24 Apr 2025Persons With Significant ControlCessation of Bristol Water Holdings Limited as a person with significant control on 2025-01-31View(1 page)
23 Apr 2025Confirmation StatementConfirmation statement made on 2025-04-15 with updatesView(4 pages)
4 Mar 2025AccountsAnnual accounts made up to 2024-06-30View(40 pages)
11 Nov 2025 Accounts

Annual accounts made up to 2025-06-30

24 Apr 2025 Persons With Significant Control

Pennon Group Plc notified as a person with significant control

24 Apr 2025 Persons With Significant Control

Cessation of Bristol Water Holdings Limited as a person with significant control on 2025-01-31

23 Apr 2025 Confirmation Statement

Confirmation statement made on 2025-04-15 with updates

4 Mar 2025 Accounts

Annual accounts made up to 2024-06-30

Recent Activity

Latest Activity

Annual accounts made up to 2025-06-30

3 months ago on 11 Nov 2025

Pennon Group Plc notified as a person with significant control

9 months ago on 24 Apr 2025

Cessation of Bristol Water Holdings Limited as a person with significant control on 2025-01-31

9 months ago on 24 Apr 2025

Confirmation statement made on 2025-04-15 with updates

9 months ago on 23 Apr 2025

Annual accounts made up to 2024-06-30

11 months ago on 4 Mar 2025