ANCALA WATER SERVICES HOLDCO LIMITED
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Cash
—
Latest balance sheet
Net assets
£16M
-8.1% lowest in 4 filed years
Employees
0
Average over period
Profit before tax
£1.5M
-90% lowest in 4 filed years
Net assets
4-year trend · vs Utilities median
Accounts
4-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31
| Metric | Trend | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | Δ vs prior |
|---|---|---|---|---|---|---|
| Turnover | — | — | £640,000 | £0 | -100% | |
| Operating profit | -£134,000 | -£136,000 | £230,000 | -£75,000 | -132.6% | |
| Profit before tax | £8,979,000 | £8,991,000 | £15,009,000 | £1,495,000 | -90% | |
| Net profit | £8,979,000 | £8,991,000 | £15,009,000 | £1,495,000 | -90% | |
| Cash | — | — | — | — | — | |
| Total assets less current liabilities | £38,921,000 | £32,050,000 | £38,112,000 | £32,151,000 | -15.6% | |
| Net assets | £21,125,000 | £23,395,000 | £17,175,000 | £15,780,000 | -8.1% | |
| Equity | £21,125,000 | £23,395,000 | £17,175,000 | £15,780,000 | -8.1% | |
| Average employees | 0 | 0 | 0 | 0 | — | |
| 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 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|
| Operating margin | — | — | 35.9% | — | |
| Return on capital employed | -0.3% | -0.4% | 0.6% | -0.2% | |
| Current ratio | — | — | 1.06x | 0.51x | |
| Interest cover | -0.08x | -0.12x | 0.21x | -0.04x |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have prepared forecasts for at least 12 months from the date of approval of these financial statements, which takes into account their trading forecasts. The directors have also taken into account the financing available to the company & group, including consideration of compliance with loan covenants. The directors have performed sensitivity analysis and concluded that the level of decline in revenues to result in a covenant breach is not plausible due to the nature of the contract with the MOD. Accordingly, the directors do not believe there are any material uncertainties which may cast significant doubt on the ability of the company & group to continue as a going concern, as such, they continue to adopt the going concern basis in preparing the annual report and accounts.”
Group structure
- ANCALA WATER SERVICES HOLDCO LIMITED · parent
- Ancala Water Services Bidco Limited 100%
- Ancala Water Services (Estates) Limited 100%
- Ancala Water Services (Defence) Limited 100%
Significant events
- “The group delivered strong financial performance. Company profit before tax was £1,495k (2024 - £15,009k). Net assets at the conclusion of the financial year were £15,780k (2024 - £17,175k). Profit for the year was £1,495k (2024 - £15,009k). Dividend payments were £3,000k (2024 - £20,454k).”
- “The group delivered strong operational performance, achieving 99.96% compliance with water and wastewater quality standards.”
- “Leakage performance reached 1.71 Mm³, outperforming both the industry average and the company's internal target of 1.94 Mm³.”
- “the group successfully refinanced in September 2023 through to 2028, and all interest-bearing debt is fully hedged via interest rate swaps.”
- “Additional bank covenants that have arisen following the refinancing on 28th September 2023.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CLUNIE, Spence Matthew | Director | 2017-11-09 | Oct 1972 | British |
| HOUGH, Ashley Patrick Roderick | Director | 2019-04-04 | Apr 1983 | British |
| OWENS, David William | Director | 2018-04-09 | Apr 1952 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| TREANOR, Laura | Secretary | 2019-03-12 | 2020-05-31 |
| BACON, Daniel Imbroinisi | Director | 2017-11-09 | 2019-01-07 |
| HERRIOTT, Charles William Grant | Director | 2018-04-09 | 2018-11-02 |
| PAPAIACOVOU, Michael | Director | 2019-01-07 | 2022-05-19 |
| STATELOVA, Sandra | Director | 2022-05-19 | 2023-08-14 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ancala Water Services Midco2 Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2017-11-09 | Active |
Filing timeline
Last 20 of 48 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-09-04 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-20 | AA | accounts | Accounts with accounts type full | |
| 2025-09-04 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2025-09-04 | SH20 | capital | Legacy | |
| 2025-09-04 | CAP-SS | insolvency | Legacy | |
| 2025-09-04 | RESOLUTIONS | resolution | Resolution | |
| 2025-08-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-13 | AA | accounts | Accounts with accounts type full | |
| 2024-09-06 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-08-19 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-08-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-11 | AA | accounts | Accounts with accounts type full | |
| 2023-10-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-10-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-08-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-14 | TM01 | officers | Termination director company with name termination date | |
| 2022-08-26 | AA | accounts | Accounts with accounts type full | |
| 2022-08-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-06 | AP01 | officers | Appoint person director company with name date | |
| 2022-06-06 | TM01 | officers | Termination director company with name termination date | |
| 2022-01-28 | AD02 | address | Change sail address company with old address new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 2
- 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.