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Cash

£2M

-5.7% vs 2024

Net assets

£89M

+10.9% vs 2024

Employees

Average over period

Profit before tax

£12M

+29.1% vs 2024

Watchouts

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

Accounts

2-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31

Metric Trend 2024-03-312025-03-31 Δ vs prior
Turnover £7,354,000£8,054,000 +9.5%
Operating profit £7,185,000£9,786,000 +36.2%
Profit before tax £9,019,000£11,648,000 +29.1%
Net profit £5,769,000£8,724,000 +51.2%
Cash £1,667,000£1,572,000 -5.7%
Total assets less current liabilities £133,258,000£143,059,000 +7.4%
Net assets £80,170,000£88,894,000 +10.9%
Equity £80,170,000£88,894,000 +10.9%
Average employees
Wages
Directors' remuneration

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 2024-03-312025-03-31
Operating margin 97.7%121.5%
Net margin 78.4%108.3%
Return on capital employed 5.4%6.8%
Current ratio 0.90x0.81x
Interest cover 2.57x3.16x

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

  1. PEEL NRE WATER SERVICES HOLDINGS LIMITED 2020-11-20 → present
  2. PEEL L&P WATER SERVICES HOLDINGS LIMITED 2020-03-26 → 2020-11-20
  3. PEEL WATER SERVICES HOLDINGS LIMITED 2011-12-29 → 2020-03-26
  4. DE FACTO 1905 LIMITED 2011-08-24 → 2011-12-29

Audit & accounting basis

Accounting basis
FRS 102 §1A
Reporting scope
Consolidated group
Abridged
Yes — abridged accounts (limited disclosure)
Auditor
Deloitte LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“At 31 March 2025 the group is in a position of having net current liabilities. However, after making enquiries, along with confirmation from Peel NRE Water (IOM) Limited ("Peel") that they will continue to provide the necessary level of support to enable it to continue to operate for a period of no less than 12 months from signing the financial statements, the directors have concluded they have reasonable expectation that the company has adequate resources to continue in operational existence for the 12 months from signing the financial statements and therefore continue to adopt the going concern basis in preparing the financial statements.”

Group structure

  1. PEEL NRE WATER SERVICES HOLDINGS LIMITED · parent
    1. Peel NRE Water Services Limited 1% · United Kingdom · Surface water drainage and abstraction and discharge

Significant events

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

People

3 active · 17 resigned

Name Role Appointed Born Nationality
KHAN, Farook Secretary 2025-12-02
CLARK, Jason Director 2025-12-02 Feb 1972 British
VERITIERO, Claudio Director 2025-12-02 Sep 1973 British
Show 17 resigned officers
Name Role Appointed Resigned
LEES, Neil Secretary 2011-12-16 2020-10-15
TRAVERS SMITH SECRETARIES LIMITED Corporate Secretary 2011-08-24 2011-12-02
BRACKEN, Ruth Director 2011-08-24 2011-12-02
COLTON, Matthew Paul Director 2023-08-02 2025-12-02
EVES, Christopher Director 2025-05-19 2025-12-02
GLOVER, David Jonathan Director 2018-01-29 2019-12-20
HOSKER, Peter John Director 2011-12-16 2019-12-19
KITCHER, Myles Howard Director 2021-02-01 2024-04-25
LEES, Neil Director 2011-12-02 2020-10-15
SCHOFIELD, John Alexander Director 2016-02-12 2023-09-30
UNDERWOOD, Steven Keith Director 2011-12-02 2025-12-02
WAINSCOTT, Paul Philip Director 2011-12-02 2018-03-16
WHITTAKER, John Peter Director 2025-05-19 2025-12-02
WHITTAKER, John Director 2011-12-02 2025-12-02
WHITWORTH, Mark Director 2023-05-03 2025-12-02
TRAVERS SMITH LIMITED Corporate Director 2011-08-24 2011-12-02
TRAVERS SMITH SECRETARIES LIMITED Corporate Director 2011-08-24 2011-12-02

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Peel Ports Investments Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2025-12-02 Active
Christopher Eves Individual Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Ceased 2025-12-02
Mrs Sheila Greenwood Individual Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Ceased 2025-12-02
Mr John Whittaker Individual ownership-of-shares-75-to-100-percent-as-trust, voting-rights-75-to-100-percent-as-trust, right-to-appoint-and-remove-directors-as-trust 2016-04-06 Ceased 2025-12-02

Filing timeline

Last 20 of 125 total filings

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

  • 2026-03-14 RESOLUTIONS Resolution
  • 2026-03-14 MA Memorandum articles
Date Type Category Description
2026-04-30 CS01 confirmation-statement Confirmation statement with updates PDF
2026-03-19 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2026-03-19 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2026-03-14 RESOLUTIONS resolution Resolution
2026-03-14 MA incorporation Memorandum articles
2026-03-03 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-12-04 AP01 officers Appoint person director company with name date PDF
2025-12-04 AP01 officers Appoint person director company with name date PDF
2025-12-04 AP03 officers Appoint person secretary company with name date PDF
2025-12-03 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-12-03 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-12-03 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-12-03 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2025-12-03 AD01 address Change registered office address company with date old address new address PDF
2025-12-03 TM01 officers Termination director company with name termination date PDF
2025-12-03 TM01 officers Termination director company with name termination date PDF
2025-12-03 TM01 officers Termination director company with name termination date PDF
2025-12-03 TM01 officers Termination director company with name termination date PDF
2025-12-03 TM01 officers Termination director company with name termination date PDF
2025-12-03 TM01 officers Termination director company with name termination date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
20

last 12 months

Capital events
0

last 24 months

Officers appointed
3

last 12 months

Officers resigned
6

last 12 months

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

Official Companies House page