VEOLIA WATER PROJECTS LIMITED
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Cash
£26k
-53.6% lowest in 3 filed years
Net assets
£12m
+11.2% highest in 3 filed years
Employees
32
+6.7% highest in 3 filed years
Profit before tax
£5.6m
+1.9% highest in 3 filed years
Net assets
3-year trend · vs Utilities median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £12,239,000 | £14,106,000 | £15,213,000 | +7.8% | |
| Operating profit | £2,855,000 | £5,071,000 | £5,100,000 | +0.6% | |
| Profit before tax | £3,132,000 | £5,489,000 | £5,595,000 | +1.9% | |
| Net profit | £2,384,000 | £4,113,000 | £4,197,000 | +2% | |
| Cash | £38,000 | £56,000 | £26,000 | -53.6% | |
| Total assets less current liabilities | £9,279,000 | £11,540,000 | £12,831,000 | +11.2% | |
| Net assets | £8,565,000 | £10,678,000 | £11,875,000 | +11.2% | |
| Equity | £8,565,000 | £10,678,000 | £11,875,000 | +11.2% | |
| Average employees | 28 | 30 | 32 | +6.7% | |
| Wages | £1,034,000 | £1,153,000 | £1,204,000 | +4.4% | |
| Directors' remuneration | £36,000 | £35,000 | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 23.3% | 35.9% | 33.5% | |
| Net margin | 19.5% | 29.2% | 27.6% | |
| Return on capital employed | 30.8% | 43.9% | 39.7% | |
| Gearing (liabilities / total assets) | — | 49.7% | 49.9% | |
| Current ratio | 1.29x | 1.44x | 1.47x |
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.
Name history
Renamed 3 times since incorporation
- VEOLIA WATER PROJECTS LIMITED 2003-05-16 → present
- VIVENDI WATER PROJECTS LIMITED 2000-12-12 → 2003-05-16
- GENERAL UTILITIES PROJECTS LIMITED 1990-10-29 → 2000-12-12
- SOURCEJUST LIMITED 1990-04-06 → 1990-10-29
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Constantin
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Accordingly, the Directors are satisfied that they have a reasonable basis upon which to conclude that the Company is able to meet its liabilities as they fall due in the foreseeable future and that it remains appropriate to prepare the financial statements on a going concern basis.”
Significant events
- “The Directors and the UK&I group are paying close attention to the Middle East conflict that commenced in late February 2026 and its potential implications for the business.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 38 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GARRETT, Caroline | Secretary | 2021-12-01 | — | — |
| ABRAHAM, John Patrick | Director | 2018-01-25 | Mar 1968 | British |
| PATTON, Sinead | Director | 2024-08-27 | Dec 1975 | Irish |
| WILLIAMS, Ian David | Director | 2020-10-08 | Jan 1967 | British |
| WINTERS, Fiona Mary Katherine | Director | 2018-01-25 | Jun 1971 | British |
Show 38 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| AITKEN, Elaine Margaret | Secretary | 2013-10-10 | 2021-11-30 |
| BATES, Duncan John Lucas | Secretary | 1997-11-14 | 2001-01-10 |
| BOYEWSKA, Barbara | Secretary | 2008-04-09 | 2011-01-21 |
| CASTLE, Rodney Grahame | Secretary | 2001-01-10 | 2004-07-31 |
| GRIFFITHS, Rees | Secretary | — | 1995-05-05 |
| PURI, Khalid Iqbal | Secretary | 1995-05-05 | 1997-11-14 |
| STRAIN, Louise | Secretary | 2011-02-11 | 2013-08-30 |
| TAYLOR, Keith William | Secretary | 2004-07-31 | 2008-03-31 |
| ALEXANDER, David William | Director | 2005-08-03 | 2007-12-31 |
| ARAGON, Xavier | Director | 2018-10-01 | 2020-10-07 |
| ARNAC, Pascal Henri | Director | — | 1995-05-09 |
| BANON, Jean Claude | Director | — | 2005-08-03 |
| BATES, Duncan John Lucas | Director | 2009-09-29 | 2010-04-24 |
| BRIGHT, Russell Steven | Director | 2009-09-29 | 2010-11-17 |
| BRYAN, John James | Director | 2013-05-08 | 2018-07-12 |
| BUTCHER, Michael Joseph Edward | Director | 2008-04-09 | 2012-04-30 |
| CHATFIELD, Terence Leslie | Director | 1997-02-06 | 1998-01-05 |
| CHERRETT, Julia | Director | 2009-09-29 | 2012-07-03 |
| DARBY, Peter William | Director | 2001-01-10 | 2004-11-01 |
| DARLEY, Francois | Director | 1996-09-05 | 2004-11-01 |
| DEAN, Richard John | Director | 2009-09-29 | 2011-11-10 |
| DEVOS, Frederic | Director | 2008-04-09 | 2012-01-25 |
| GILBERT, Delphine Patricia | Director | 2018-01-25 | 2021-06-22 |
| GRIFFITHS, Rees | Director | 1995-08-08 | 1996-07-01 |
| GRIMWOOD, David Richard Neil | Director | 2012-07-04 | 2018-07-12 |
| GROSS, Timothy Samuel Chapman | Director | 2002-05-15 | 2004-11-01 |
| GUITARD, Philippe Roger Louis | Director | 2009-09-29 | 2009-09-29 |
| JEFFERY, Jack | Director | — | 2000-07-17 |
| JENNINGS, Stephen Nigel | Director | 2015-06-22 | 2017-05-31 |
| KNIPE, Tracy Jayne | Director | 2018-07-30 | 2024-08-27 |
| LACAMP, Bruno Pierre Jean Marie | Director | 1995-05-09 | 2000-02-14 |
| MANGION, Joseph Bernard | Director | 1996-09-05 | 2003-11-30 |
| MATSUMURA, Elvire Sachiko | Director | 2013-05-08 | 2017-10-30 |
| MERCER, Adrian Graham, Dr | Director | 2018-07-30 | 2020-04-10 |
| PATERSON, Nigel John | Director | 2011-11-10 | 2017-12-29 |
| TURNER, Alastair Gregor | Director | 1995-05-09 | 2000-11-23 |
| WALTON, David Graham | Director | 2010-01-25 | 2011-09-19 |
| WRIGHT, David | Director | 2001-01-10 | 2015-03-06 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Veolia Water Outsourcing Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-06-30 | Active |
Filing timeline
Last 20 of 195 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-27 | AA | accounts | Accounts with accounts type full | |
| 2026-04-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-18 | AA | accounts | Accounts with accounts type full | |
| 2025-04-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-29 | CH01 | officers | Change person director company with change date | |
| 2025-01-29 | CH01 | officers | Change person director company with change date | |
| 2025-01-29 | CH01 | officers | Change person director company with change date | |
| 2024-09-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-03 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-27 | AA | accounts | Accounts with accounts type full | |
| 2024-04-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-13 | AA | accounts | Accounts with accounts type full | |
| 2023-04-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-17 | AA | accounts | Accounts with accounts type full | |
| 2022-04-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-12-03 | AP03 | officers | Appoint person secretary company with name date | |
| 2021-12-02 | TM02 | officers | Termination secretary company with name termination date | |
| 2021-07-25 | AA | accounts | Accounts with accounts type full | |
| 2021-06-22 | TM01 | officers | Termination director company with name termination date | |
| 2021-04-07 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.