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Next accounts due

2026-12-31 (in 7mo)

Last filed for 2025-03-31

Confirmation statement due

2026-12-14 (in 7mo)

Last made up 2025-11-30

Watchouts

1 item

Cash

£560M

+228.8% vs 2024

Net assets

-£616M

+2.7% vs 2024

Employees

4,504

+3.4% vs 2024

Profit before tax

£62M

+130.8% vs 2024

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

2-year trend · latest reflected 2025-03-31

Metric Trend 2024-03-312025-03-31
Turnover £1,233,100,000£1,302,600,000
Operating profit £281,200,000£316,400,000
Profit before tax -£200,400,000£61,800,000
Net profit -£204,200,000£6,900,000
Cash £170,400,000£560,200,000
Total assets less current liabilities £10,921,000,000£11,924,600,000
Net assets -£633,300,000-£616,000,000
Equity -£633,300,000-£616,000,000
Average employees 4,3564,504
Wages £189,300,000£212,200,000
Directors' remuneration £1,000,000£1,700,000

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

Year-on-year

FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2024-03-312025-03-31
Operating margin 22.8%24.3%
Net margin -16.6%0.5%
Return on capital employed 2.6%2.7%
Gearing (liabilities / total assets) 105.4%104.8%
Current ratio 0.70x1.14x
Interest cover 0.49x0.54x

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 1 time since incorporation

  1. KELDA EUROBOND CO LIMITED 2008-10-03 → present
  2. SKELDERGATE EUROBOND CO LIMITED 2007-11-21 → 2008-10-03

Audit & accounting basis

Accounting basis
IFRS
Reporting scope
Consolidated group
Auditor
Deloitte LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“As a result of this analysis, the directors believe that the group is well placed to manage its business risks successfully and have a reasonable expectation that the group has adequate resources to continue operational existence over a period of at least 12 months from the date of approval of the financial statements.”

Group structure

  1. KELDA EUROBOND CO LIMITED · parent
    1. Kelda Group Limited 100% · England & Wales
    2. Kelda Finance (No.1) Limited 100% · England & Wales
    3. Kelda Finance (No.2) Limited 100% · England & Wales
    4. Kelda Finance (No.3) Plc 100% · England & Wales
    5. Yorkshire Water Services Holdings Limited 100% · England & Wales
    6. Yorkshire Water Services Limited 100% · England & Wales
    7. Yorkshire Water Finance Plc 100% · England & Wales
    8. Yorkshire Water Services Finance Limited 100% · England & Wales
    9. Kelda Water Services Limited 100% · England & Wales
    10. Kelda Water Limited 100% · England & Wales
    11. Kelda Water Services (Projects) Limited 100% · England & Wales
    12. Safe-Move Limited 100% · England & Wales
    13. Kelda Limited 100% · England & Wales
    14. Templegate Developments Limited 50% · England & Wales
    15. Whimmoor Limited 50% · England & Wales
    16. White Laith Developments Limited 37.5% · England & Wales
    17. The Sir Robert Ogden Partnership Limited 25% · England & Wales

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

People

9 active · 53 resigned

Name Role Appointed Born Nationality
SMITH, Katharine Olivia Helen Secretary 2018-08-22
ABI-SALLOUM, Kamal Director 2025-05-19 Oct 1982 British
AUTY, Scott Director 2010-12-10 May 1978 British
BEER, Simon Daniel Director 2016-12-20 Jun 1980 British
CAUMETTE, Isabelle Catherine Veronique Director 2020-01-27 Nov 1979 French
DENCH, Andrew James Director 2015-09-30 Aug 1969 British
GEE, Martin Anthony Director 2025-06-01 Dec 1977 British
MURRAY, Vanda Director 2021-07-01 Dec 1960 British
SHAW, Lucy Nicola Director 2022-05-09 May 1969 British
Show 53 resigned officers
Name Role Appointed Resigned
AMSDEN, Mark Secretary 2018-03-21 2018-08-22
FORREST, Chantal Secretary 2014-12-31 2018-01-31
LORKIN, Mark Edwin Secretary 2007-11-21 2008-09-19
MCFARLANE, Stuart Douglas Secretary 2008-09-19 2014-12-31
SWIFT INCORPORATIONS LIMITED Corporate Nominee Secretary 2007-11-21 2007-11-21
ANGOITIA, Juan Director 2013-05-30 2013-08-30
ANGOITIA, Juan Director 2008-09-19 2009-09-24
AUTY, Scott Director 2010-09-30 2010-09-30
BAINBRIDGE, Allison Margaret Director 2008-09-19 2010-03-31
BALDWIN, Stuart Harvey Director 2008-04-15 2015-09-29
BARBER, Elizabeth Marian Director 2010-12-10 2022-05-06
BARR, Paul Johnstone Director 2012-01-27 2020-01-10
BARR, Paul Johnstone Director 2012-01-26 2012-01-26
BARTHELEMY, Svetlana Director 2020-01-10 2022-02-01
BEJAR OCHOA, Juan Director 2008-04-15 2009-07-13
BRADBURY, Kenton Edward Director 2009-09-24 2012-07-12
CAMPBELL, Colin David Director 2008-03-12 2012-07-16
CHAN, Vicky Director 2013-09-27 2021-10-01
COLE, Richard John Director 2007-11-21 2008-05-22
COOPER, James Nigel Shelley Director 2012-08-01 2012-12-06
COOPER, James Nigel Shelley Director 2012-07-26 2012-07-26
COOPER, James Nigel Shelley Director 2010-03-25 2012-07-12
DUTHIE-JACKSON, John George Norman Director 2007-11-21 2013-05-21
EVENDEN, Rhys David Director 2008-03-06 2011-10-26
FERNANDES, Milton Anthony Director 2012-12-07 2017-05-08
FLINT, Richard David Director 2010-04-01 2019-09-13
GATES, Felicity Barbara Director 2009-09-24 2010-03-25
HOULDEN, John Russell Director 2022-01-19 2025-06-27
INMAN, Paul Sybray Director 2023-03-01 2025-05-31
JIN, Lu Director 2022-02-01 2024-08-21
JOHNS, Christopher Ian Director 2020-06-01 2023-02-28
KOEPPEL, Holly Keller Director 2010-03-25 2017-07-13
LILLEY, Stephen Bernard Director 2007-11-21 2009-09-24
LORKIN, Mark Edwin Director 2021-10-01 2025-06-25
LORKIN, Mark Edwin Director 2017-07-13 2020-01-10
LORKIN, Mark Director 2009-09-24 2013-01-31
LORKIN, Mark Edwin Director 2008-03-06 2008-09-19
MACKENZIE, Hamish Macphail Massie Director 2012-06-01 2015-03-19
MACKENZIE, Hamish Macphail Massie Director 2012-05-30 2012-05-30
NAPIER, John Alan Director 2008-09-19 2011-09-30
NARAIN, Aparna Director 2017-11-15 2020-01-10
NARAIN, Aparna Director 2014-04-01 2016-11-28
NARAIN, Aparna Director 2014-03-28 2014-03-28
OSBORNE, Michael Peter Francis Director 2013-01-31 2021-10-27
PARRY JONES, Richard Director 2015-01-01 2016-05-31
PATEL, Bhavik Shaileshkumar Director 2024-08-21 2025-05-19
RABIN, Anthony Leon Philip Director 2016-06-01 2021-09-01
RAJAN, Hari Ravi Director 2020-01-10 2025-06-26
SENG, Ang Eng Director 2007-11-21 2009-07-01
SETO, Jane Director 2010-12-10 2017-11-15
SETO, Jane Director 2010-09-30 2010-09-30
WHITEMAN, Kevin Ian Director 2008-09-19 2015-03-31
INSTANT COMPANIES LIMITED Corporate Nominee Director 2007-11-21 2007-11-21

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 171 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2023-07-04 RESOLUTIONS Resolution
Date Type Category Description
2026-03-10 CH01 officers Change person director company with change date PDF
2025-12-02 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-08-14 AA accounts Accounts with accounts type group
2025-06-27 TM01 officers Termination director company with name termination date PDF
2025-06-27 TM01 officers Termination director company with name termination date PDF
2025-06-27 TM01 officers Termination director company with name termination date PDF
2025-06-13 AP01 officers Appoint person director company with name date PDF
2025-06-13 TM01 officers Termination director company with name termination date PDF
2025-05-21 AP01 officers Appoint person director company with name date PDF
2025-05-21 TM01 officers Termination director company with name termination date PDF
2024-12-02 SH01 capital Capital allotment shares PDF
2024-12-02 CS01 confirmation-statement Confirmation statement with updates PDF
2024-08-27 AP01 officers Appoint person director company with name date PDF
2024-08-27 TM01 officers Termination director company with name termination date PDF
2024-08-08 AA accounts Accounts with accounts type group
2023-12-06 RP04CS01 confirmation-statement Second filing of confirmation statement with made up date PDF
2023-11-30 CS01 confirmation-statement Confirmation statement
2023-09-29 AA accounts Accounts with accounts type group
2023-07-08 RP04SH01 capital Second filing capital allotment shares PDF
2023-07-04 RESOLUTIONS resolution Resolution

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
10

last 12 months

Capital events
1

last 24 months

Officers appointed
2

last 12 months

Officers resigned
5

last 12 months

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

Official Companies House page