DWR CYMRU CYFYNGEDIG

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

• Turnover

  -0.9%

  £924,400,000 → £915,700,000

• Cash

  +320.6%

  £147,300,000 → £619,500,000

• Net assets

  -8.9%

  £1,490,800,000 → £1,358,000,000

• Employees

  +6.8%

  3,790 → 4,047

• Operating profit

  -119.6%

  £46,000,000 → -£9,000,000

• Profit before tax

  +36.1%

  -£237,900,000 → -£152,000,000

• Wages

  +10.8%

  £163,300,000 → £181,000,000

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

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

UK-adopted IFRS

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on the going concern basis as the Directors have a reasonable expectation that the Company have adequate resources for a period of at least 12 months from the date of their approval and that there are no material uncertainties to disclose. Having considered these matters, the Directors do not believe there are any material uncertainties to disclose in relation to the Company's ability to continue as a going concern.”

Significant events

• “Our operational financial performance was behind our financial plan primarily due to additional costs from red- weather storm events during the winter (notably Storms Bert and Darragh), a burst on a major trunk main located under the River Afon Ddu and inflationary cost pressures associated with the delivery of our services.”
• “In February, credit rating agencies downgraded our senior class B credit ratings to Baa1/BBB+/A-, from A3/A-/A.”
• “The average annual household bill will rise by an average of 27% (£136) in 2025.”
• “On 16 July 2024 Ofwat announced an enforcement case against the Company, into potential non-compliance with conditions of environmental permits and sewer overflows.”
• “In February 2025, Dwr Cymru Cyfyngedig were notified of intended legal proceedings against the Company in respect of potential pollution of the River Wye allegedly caused by sewer overflows, combined sewer overflows or other pollution events.”

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

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

3

last 12 months

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