ICOSA WATER LIMITED - Profile & Financials

Accounts Submitted 15 Dec 2025

Confirmation Statement Submitted 4 Aug 2025

Net assets £1.38M £454.00K 2024 year on year

Total assets £10.13M £152.00K 2024 year on year

Total Liabilities £8.75M £606.00K 2024 year on year

Charges 3

1 outstanding 2 satisfied

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Contact & Details

Contact

Update Details

Registered Address

Kingfisher Suite Wheelhouse Bonds Mill Estate Stonehouse Gloucestershire GL10 3RF England

Office (Swindon)

27-35 Fleet St, Swindon SN1 1RQ

Telephone

00443301110780

billing@icosawater.co.uk

Website

icosawater.co.uk

Credit Report

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

Mutual Companies

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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 (2015–2024)

Cash in Bank

£1.18M

Increased by £743.00k (+170%)

Net Assets

£1.38M

Decreased by £454.00k (-25%)

Total Liabilities

£8.75M

Increased by £606.00k (+7%)

Turnover

£10.64M

Decreased by £4.17M (-28%)

Employees

N/A

Decreased by 35 (-100%)

Debt Ratio

86%

Increased by 4 (+5%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2024 Dec Year End	2022 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

Share Capital

Share allotments and capital structure

17 Allotments 124,000 Shares £1.23m Total

Date From	Share Class	Shares Allotted	Amount Raised	Price/Share
20 Mar 2018	ORDINARY	3,450	£86k	£25
8 Mar 2018	ORDINARY	4,000	£100k	£25
2 Oct 2017	ORDINARY	3,200	£80k	£25
12 Jul 2017	ORDINARY	13,350	£334k	£25
16 Mar 2016	ORDINARY	8,600	£100k	£11.628

Officers

4 active 13 resigned

Show resigned officers

						Status
Craig Martin Boath	Director	British	Scotland	54	10 Mar 2023	Active
Kirsty Jane Nellany	Director	British	Scotland	40	1 Nov 2022	Active
Lynne Marion Hainey	Director	British	Scotland	44	28 May 2020	Active
Michael Howard Davies	Secretary	Unknown	Unknown	—	1 Feb 2023	Active

Shareholders

Shareholders (2)


Last Mile (design And Build) Limited	100.0%	226,000	Ordinary	4 Aug 2025
Last Mile Water Limited	0.0%	0	Ordinary	4 Aug 2025

Persons with Significant Control

Persons with Significant Control (1)

1 Active 1 Ceased

Last Mile (design And Build) Limited

United Kingdom

Active

Notified 20 Mar 2025

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 75 To 100 Percent
Right To Appoint And Remove Directors

Last Mile Water Limited

Ceased 20 Mar 2025

Ceased

See All Controllers

Group Structure

LAST MILE (DESIGN AND BUILD) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

LAST MILE INFRASTRUCTURE LIMITED united kingdom voting rights 75 to 100 percent, appoint/remove directors

LAST MILE INFRASTRUCTURE HOLDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

LAST MILE INFRASTRUCTURE GROUP LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

LAST MILE INFRASTRUCTURE HOLDCO2 LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

LAST MILE INFRASTRUCTURE HOLDCO1 LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

LAST MILE INFRASTRUCTURE (HOLDINGS) LIMITED united kingdom shares 25 to 50 percent, voting rights 25 to 50 percent

TRINITY SLP 2 LP united kingdom part right to share surplus assets 50 to 75 percent

CONNEX BIDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

CONNEX HOLDCO LIMITED united kingdom significant influence or control

INFRACAPITAL PARTNERS III SUBHOLDINGS (EURO) GP LLP united kingdom voting rights 50 to 75 percent limited liability partnership, right to share surplus assets 50 to 75 percent limited liability partnership, appoint/remove members limited liability partnership

ICP TRINITY GP1 LLP united kingdom voting rights 50 to 75 percent limited liability partnership, right to share surplus assets 50 to 75 percent limited liability partnership, appoint/remove members limited liability partnership

M&G INVESTMENT MANAGEMENT LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

MACQUARIE INFRASTRUCTURE AND REAL ASSETS (EUROPE) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

ICP (FINCH) GP 1 LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

ICP (FINCH) GP 2 LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

INFRACAPITAL PARTNERS III SUBHOLDINGS GP1 LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

INFRACAPITAL PARTNERS III SUBHOLDINGS GP2 LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

M&G FA LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

MACQUARIE ASSET MANAGEMENT UK HOLDINGS NO.1 LIMITED united kingdom

M & G GROUP LIMITED united kingdom shares 75 to 100 percent as firm, voting rights 75 to 100 percent as firm, appoint/remove directors as firm, significant influence or control as firm

M&G GROUP REGULATED ENTITY HOLDING COMPANY LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

M&G PLC united kingdom

ICOSA WATER LIMITED Current Company

Charges

1 outstanding 2 satisfied

Documents

Company Filings

Date	Category	Description	Document
15 Dec 2025	Accounts	Annual accounts made up to 2025-03-31	View(22 pages)
5 Aug 2025	Officers	Change to director Mrs Lynne Marion Hainey on 2025-07-18	View(2 pages)
4 Aug 2025	Confirmation Statement	Confirmation statement made on 2025-07-31 with updates	View(4 pages)
21 Mar 2025	Mortgage	Mortgage Charge Part Both With Charge Number	View(2 pages)
21 Mar 2025	Persons With Significant Control	Last Mile (Design and Build) Limited notified as a person with significant control	View(2 pages)