Pomanda estimates the enterprise value of THAMES WATER UTILITIES LIMITED at £5.4b based on a Turnover of £2.5b and 2.14x industry multiple (adjusted for size and gross margin).
thames water utilities limitedEstimated Valuation
£11.8b
Pomanda estimates the enterprise value of THAMES WATER UTILITIES LIMITED at £11.8b based on an EBITDA of £1.2b and a 9.51x industry multiple (adjusted for size and gross margin).
thames water utilities limitedEstimated Valuation
£5b
Pomanda estimates the enterprise value of THAMES WATER UTILITIES LIMITED at £5b based on Net Assets of £1.8b and 2.8x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Thames Water Utilities LimitedOverview
Thames Water Utilities Limited is a live company located in reading, RG1 8DB with a Companies House number of 02366661. It operates in the water collection, treatment and supply sector, SIC Code 36000. Founded in April 1989, it's largest shareholder is
thames water utilities holdings limited
with a 100% stake. Thames Water Utilities Limited is a mature,
mega sized company, Pomanda has estimated its turnover at
£2.5b with
healthy
growth in recent years.
Pomanda's financial health check has awarded Thames Water Utilities Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
7 Strong
2 Regular
3 Weak
Size
annual sales of £2.5b, make it larger than the average company (£21.3m)
£2.5b - Thames Water Utilities Limited
£21.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (6%)
6% - Thames Water Utilities Limited
6% - Industry AVG
Production
with a gross margin of 27%, this company has a comparable cost of product (27%)
27% - Thames Water Utilities Limited
27% - Industry AVG
Profitability
an operating margin of 20.5% make it more profitable than the average company (6.5%)
20.5% - Thames Water Utilities Limited
6.5% - Industry AVG
Employees
with 7934 employees, this is above the industry average (121)
7934 - Thames Water Utilities Limited
121 - Industry AVG
Pay Structure
on an average salary of £63.9k, the company has a higher pay structure (£49.4k)
£63.9k - Thames Water Utilities Limited
£49.4k - Industry AVG
Efficiency
resulting in sales per employee of £317.4k, this is more efficient (£255.5k)
£317.4k - Thames Water Utilities Limited
£255.5k - Industry AVG
Debtor Days
it gets paid by customers after 100 days, this is later than average (60 days)
100 days - Thames Water Utilities Limited
60 days - Industry AVG
Creditor Days
its suppliers are paid after 61 days, this is slower than average (34 days)
61 days - Thames Water Utilities Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 4 days, this is less than average (14 days)
4 days - Thames Water Utilities Limited
14 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 17 weeks, this is more cash available to meet short term requirements (11 weeks)
17 weeks - Thames Water Utilities Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92.6%, this is a higher level of debt than the average (77%)
92.6% - Thames Water Utilities Limited
77% - Industry AVG
THAMES WATER UTILITIES LIMITED financials
EXPORT
Thames Water Utilities Limited's latest turnover from March 2024 is £2.5 billion and the company has net assets of £1.8 billion. According to their latest financial statements, Thames Water Utilities Limited has 7,934 employees and maintains cash reserves of £1.3 billion as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
2,518,200,000
2,265,200,000
2,176,900,000
2,106,700,000
2,172,800,000
2,084,400,000
2,044,900,000
2,060,100,000
2,039,500,000
1,990,200,000
1,943,700,000
1,791,900,000
1,694,900,000
1,623,100,000
1,623,800,000
Other Income Or Grants
Cost Of Sales
1,837,974,873
1,611,936,310
1,464,417,954
1,416,518,390
1,460,963,193
1,369,794,261
1,335,018,695
1,344,822,300
1,287,425,303
1,309,334,189
1,290,540,399
1,107,850,692
1,051,099,920
1,014,437,500
1,052,062,015
Gross Profit
680,225,127
653,263,690
712,482,046
690,181,610
711,836,807
714,605,739
709,881,305
715,277,700
752,074,697
680,865,811
653,159,601
684,049,308
643,800,080
608,662,500
571,737,985
Admin Expenses
163,025,127
297,263,690
283,282,046
201,381,610
134,336,807
193,305,739
177,481,305
76,877,700
9,874,697
5,265,811
-1,940,399
134,749,308
-99,920
8,462,500
-99,362,015
Operating Profit
517,200,000
356,000,000
429,200,000
488,800,000
577,500,000
521,300,000
532,400,000
638,400,000
742,200,000
675,600,000
655,100,000
549,300,000
643,900,000
600,200,000
671,100,000
Interest Payable
669,800,000
700,200,000
513,300,000
395,800,000
424,600,000
410,700,000
537,100,000
532,600,000
457,700,000
359,500,000
470,800,000
491,800,000
504,700,000
426,400,000
273,300,000
Interest Receivable
276,500,000
223,700,000
128,800,000
187,700,000
90,100,000
42,100,000
127,700,000
94,500,000
86,100,000
88,600,000
62,400,000
86,500,000
81,500,000
63,800,000
32,700,000
Pre-Tax Profit
157,300,000
1,800,000
-850,800,000
-241,500,000
433,800,000
115,000,000
253,600,000
71,100,000
511,200,000
364,700,000
259,300,000
144,900,000
222,200,000
208,500,000
453,600,000
Tax
-81,900,000
-31,900,000
-122,500,000
43,000,000
-189,200,000
-11,700,000
-34,800,000
68,100,000
55,200,000
-1,100,000
87,400,000
5,100,000
25,000,000
16,700,000
-122,600,000
Profit After Tax
75,400,000
-30,100,000
-973,300,000
-198,500,000
244,600,000
103,300,000
218,800,000
139,200,000
566,400,000
363,600,000
346,700,000
150,000,000
247,200,000
225,200,000
331,000,000
Dividends Paid
32,900,000
56,500,000
60,000,000
157,000,000
82,400,000
169,900,000
208,500,000
231,400,000
279,500,000
271,400,000
307,900,000
Retained Profit
75,400,000
-30,100,000
-973,300,000
-231,400,000
188,100,000
43,300,000
218,800,000
-17,800,000
484,000,000
193,700,000
138,200,000
-81,400,000
-32,300,000
-46,200,000
23,100,000
Employee Costs
506,800,000
453,500,000
411,800,000
377,100,000
349,300,000
329,100,000
284,100,000
265,900,000
241,000,000
228,700,000
218,400,000
218,300,000
199,400,000
207,500,000
200,800,000
Number Of Employees
7,934
7,242
7,082
6,525
6,296
6,063
499
5,100
5,057
4,809
4,682
4,681
4,551
4,886
5,095
EBITDA*
1,244,000,000
1,059,200,000
1,124,200,000
2,167,500,000
1,166,100,000
1,074,700,000
1,025,900,000
1,155,400,000
1,218,600,000
1,152,900,000
1,160,800,000
1,006,800,000
1,059,500,000
993,500,000
1,014,600,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
21,496,100,000
20,134,200,000
19,274,600,000
18,913,400,000
18,460,300,000
17,667,600,000
16,873,100,000
16,486,100,000
16,128,300,000
15,104,000,000
9,914,900,000
9,297,900,000
8,788,300,000
8,145,200,000
7,532,400,000
Intangible Assets
270,400,000
303,100,000
284,800,000
276,300,000
273,400,000
217,800,000
168,800,000
140,500,000
65,900,000
57,100,000
Investments & Other
2,000,000
2,000,000
50,000,000
1,894,500,000
2,178,800,000
162,300,000
76,400,000
2,358,400,000
2,651,500,000
255,200,000
100,000
100,000
100,000
100,000
100,000
Debtors (Due After 1 year)
2,122,300,000
2,114,800,000
2,274,800,000
337,500,000
324,200,000
2,161,700,000
2,070,800,000
33,200,000
3,800,000
2,115,000,000
2,015,000,000
2,015,000,000
2,015,000,000
1,865,000,000
1,180,000,000
Total Fixed Assets
21,766,500,000
20,437,300,000
19,559,400,000
18,852,200,000
18,639,200,000
17,885,400,000
17,041,900,000
16,626,600,000
16,194,200,000
15,161,100,000
11,930,000,000
11,313,000,000
10,803,400,000
10,010,300,000
8,712,500,000
Stock & work in progress
23,300,000
20,900,000
13,000,000
14,900,000
13,600,000
13,500,000
18,100,000
21,700,000
20,700,000
9,600,000
8,900,000
8,400,000
9,600,000
8,200,000
7,700,000
Trade Debtors
695,600,000
591,500,000
259,500,000
555,400,000
301,200,000
287,800,000
294,600,000
248,700,000
219,600,000
224,400,000
224,200,000
200,000,000
254,800,000
267,600,000
242,500,000
Group Debtors
8,400,000
3,700,000
11,800,000
27,300,000
3,400,000
18,800,000
5,500,000
31,000,000
25,300,000
45,200,000
79,800,000
24,800,000
32,200,000
Misc Debtors
45,200,000
48,800,000
352,800,000
38,400,000
68,100,000
60,700,000
64,600,000
386,500,000
339,100,000
303,500,000
336,200,000
327,600,000
313,300,000
329,500,000
328,300,000
Cash
1,281,200,000
1,836,300,000
425,000,000
494,500,000
758,400,000
162,000,000
107,000,000
56,500,000
522,500,000
520,900,000
6,600,000
2,700,000
3,600,000
5,900,000
misc current assets
95,700,000
149,900,000
60,300,000
43,400,000
536,400,000
217,900,000
194,700,000
2,000,000
290,500,000
277,300,000
857,200,000
748,700,000
619,400,000
775,800,000
573,200,000
total current assets
2,141,000,000
2,647,400,000
1,119,000,000
1,150,300,000
1,689,500,000
769,200,000
682,400,000
734,200,000
1,397,900,000
1,366,700,000
1,458,400,000
1,329,900,000
1,279,600,000
1,409,500,000
1,189,800,000
total assets
23,907,500,000
23,084,700,000
20,678,400,000
20,002,500,000
20,328,700,000
18,654,600,000
17,724,300,000
17,360,800,000
17,592,100,000
16,527,800,000
13,388,400,000
12,642,900,000
12,083,000,000
11,419,800,000
9,902,300,000
Bank overdraft
126,700,000
Bank loan
1,124,900,000
1,797,700,000
1,124,100,000
266,300,000
299,400,000
67,000,000
144,600,000
Trade Creditors
308,500,000
301,700,000
248,400,000
124,000,000
262,700,000
258,200,000
184,900,000
462,400,000
508,900,000
599,200,000
461,500,000
447,700,000
524,700,000
586,700,000
448,700,000
Group/Directors Accounts
277,600,000
159,000,000
605,600,000
136,800,000
491,300,000
other short term finances
2,202,700,000
2,280,500,000
749,200,000
383,400,000
1,036,900,000
654,300,000
hp & lease commitments
7,800,000
7,300,000
6,200,000
7,500,000
7,900,000
7,400,000
10,500,000
56,500,000
7,900,000
8,400,000
other current liabilities
1,104,900,000
751,700,000
680,100,000
634,100,000
552,900,000
581,100,000
575,000,000
492,400,000
362,000,000
361,800,000
297,000,000
273,100,000
273,600,000
284,900,000
257,500,000
total current liabilities
3,750,600,000
3,341,200,000
1,683,900,000
1,890,500,000
2,621,200,000
1,970,800,000
1,026,200,000
1,338,200,000
1,907,800,000
1,615,300,000
1,335,500,000
957,300,000
1,460,400,000
1,016,300,000
1,350,500,000
loans
28,382,000,000
27,014,200,000
25,203,700,000
24,862,300,000
23,826,500,000
22,669,400,000
22,870,300,000
21,747,700,000
20,796,900,000
20,152,500,000
9,357,700,000
8,940,300,000
7,740,300,000
7,372,500,000
5,380,200,000
hp & lease commitments
45,200,000
49,700,000
57,100,000
52,900,000
62,400,000
65,100,000
102,300,000
130,800,000
187,200,000
195,300,000
Accruals and Deferred Income
404,900,000
362,300,000
326,200,000
170,000,000
173,400,000
179,100,000
189,000,000
214,200,000
other liabilities
2,529,600,000
2,846,400,000
3,070,500,000
757,300,000
707,300,000
636,100,000
589,900,000
provisions
3,314,200,000
3,129,800,000
2,977,400,000
2,788,000,000
2,833,000,000
2,616,400,000
2,565,600,000
2,739,400,000
2,678,800,000
2,981,200,000
978,300,000
1,044,400,000
1,052,600,000
1,054,300,000
1,098,300,000
total long term liabilities
18,377,700,000
17,918,400,000
17,163,800,000
15,317,400,000
14,560,000,000
13,890,900,000
13,920,800,000
13,098,800,000
12,570,600,000
12,309,100,000
10,660,900,000
10,451,900,000
9,222,000,000
8,897,600,000
6,995,400,000
total liabilities
22,128,300,000
21,259,600,000
18,847,700,000
17,207,900,000
17,181,200,000
15,861,700,000
14,947,000,000
14,437,000,000
14,478,400,000
13,924,400,000
11,996,400,000
11,409,200,000
10,682,400,000
9,913,900,000
8,345,900,000
net assets
1,779,200,000
1,825,100,000
1,830,700,000
2,794,600,000
3,147,500,000
2,792,900,000
2,777,300,000
2,923,800,000
3,113,700,000
2,603,400,000
1,392,000,000
1,233,700,000
1,400,600,000
1,505,900,000
1,556,400,000
total shareholders funds
1,779,200,000
1,825,100,000
1,830,700,000
2,794,600,000
3,147,500,000
2,792,900,000
2,777,300,000
2,923,800,000
3,113,700,000
2,603,400,000
1,392,000,000
1,233,700,000
1,400,600,000
1,505,900,000
1,556,400,000
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
517,200,000
356,000,000
429,200,000
488,800,000
577,500,000
521,300,000
532,400,000
638,400,000
742,200,000
675,600,000
655,100,000
549,300,000
643,900,000
600,200,000
671,100,000
Depreciation
655,600,000
637,300,000
639,400,000
1,626,800,000
555,800,000
531,400,000
466,000,000
492,000,000
457,900,000
454,900,000
505,700,000
457,500,000
415,600,000
393,300,000
343,500,000
Amortisation
71,200,000
65,900,000
55,600,000
51,900,000
32,800,000
22,000,000
27,500,000
25,000,000
18,500,000
22,400,000
Tax
-81,900,000
-31,900,000
-122,500,000
43,000,000
-189,200,000
-11,700,000
-34,800,000
68,100,000
55,200,000
-1,100,000
87,400,000
5,100,000
25,000,000
16,700,000
-122,600,000
Stock
2,400,000
7,900,000
-1,900,000
1,300,000
100,000
-4,600,000
-3,600,000
1,000,000
11,100,000
700,000
500,000
-1,200,000
1,400,000
500,000
7,700,000
Debtors
108,000,000
-140,400,000
1,960,500,000
229,700,000
-1,832,200,000
104,100,000
1,746,200,000
119,200,000
-2,105,900,000
73,200,000
12,900,000
-75,100,000
176,000,000
703,900,000
1,783,000,000
Creditors
6,800,000
53,300,000
124,400,000
-138,700,000
4,500,000
73,300,000
-277,500,000
-46,500,000
-90,300,000
137,700,000
13,800,000
-77,000,000
-62,000,000
138,000,000
448,700,000
Accruals and Deferred Income
353,200,000
71,600,000
46,000,000
81,200,000
-28,200,000
6,100,000
-322,300,000
173,000,000
36,300,000
221,000,000
20,500,000
-6,200,000
-21,200,000
2,200,000
471,700,000
Deferred Taxes & Provisions
184,400,000
152,400,000
189,400,000
-45,000,000
216,600,000
50,800,000
-173,800,000
60,600,000
-302,400,000
2,002,900,000
-66,100,000
-8,200,000
-1,700,000
-44,000,000
1,098,300,000
Cash flow from operations
1,596,100,000
1,437,100,000
-597,100,000
1,877,000,000
3,001,900,000
1,093,700,000
-1,525,100,000
1,290,400,000
3,012,200,000
3,439,500,000
1,203,000,000
996,800,000
822,200,000
402,000,000
1,120,000,000
Investing Activities
capital expenditure
-2,056,000,000
-1,581,100,000
-1,064,700,000
-2,134,700,000
-1,436,900,000
-1,396,900,000
-908,800,000
-949,400,000
-1,509,500,000
-5,723,500,000
-1,102,800,000
-1,025,000,000
-1,267,300,000
-1,534,000,000
-713,000,000
Change in Investments
-48,000,000
-1,844,500,000
-284,300,000
2,016,500,000
85,900,000
-2,282,000,000
-293,100,000
2,396,300,000
255,100,000
100,000
cash flow from investments
-2,056,000,000
-1,533,100,000
779,800,000
-1,850,400,000
-3,453,400,000
-1,482,800,000
1,373,200,000
-656,300,000
-3,905,800,000
-5,978,600,000
-1,102,800,000
-1,025,000,000
-1,267,300,000
-1,534,000,000
-713,100,000
Financing Activities
Bank loans
-1,124,900,000
-672,800,000
673,600,000
857,800,000
266,300,000
-299,400,000
232,400,000
67,000,000
-144,600,000
144,600,000
Group/Directors Accounts
-277,600,000
118,600,000
-446,600,000
468,800,000
-354,500,000
491,300,000
Other Short Term Loans
-77,800,000
1,531,300,000
749,200,000
-383,400,000
-653,500,000
382,600,000
654,300,000
Long term loans
1,367,800,000
1,810,500,000
341,400,000
1,035,800,000
1,157,100,000
-200,900,000
1,122,600,000
950,800,000
644,400,000
10,794,800,000
417,400,000
1,200,000,000
367,800,000
1,992,300,000
5,380,200,000
Hire Purchase and Lease Commitments
-4,000,000
-6,300,000
2,900,000
-9,900,000
-2,200,000
72,500,000
-112,800,000
-74,500,000
-7,800,000
-8,600,000
203,700,000
other long term liabilities
-316,800,000
-224,100,000
2,313,200,000
50,000,000
71,200,000
46,200,000
589,900,000
share issue
-121,300,000
24,500,000
9,400,000
-121,500,000
166,500,000
-27,700,000
-365,300,000
-172,100,000
26,300,000
1,017,700,000
20,100,000
-85,500,000
-73,000,000
-4,300,000
1,533,300,000
interest
-393,300,000
-476,500,000
-384,500,000
-208,100,000
-334,500,000
-368,600,000
-409,400,000
-438,100,000
-371,600,000
-270,900,000
-408,400,000
-405,300,000
-423,200,000
-362,600,000
-240,600,000
cash flow from financing
454,600,000
2,659,400,000
1,906,700,000
73,500,000
1,731,700,000
379,300,000
820,700,000
-312,900,000
681,700,000
11,618,900,000
267,300,000
255,100,000
332,600,000
1,117,700,000
7,512,500,000
cash and cash equivalents
cash
-555,100,000
1,411,300,000
-69,500,000
-263,900,000
596,400,000
55,000,000
50,500,000
-466,000,000
1,600,000
514,300,000
6,600,000
-2,700,000
-900,000
-2,300,000
5,900,000
overdraft
126,700,000
change in cash
-681,800,000
1,411,300,000
-69,500,000
-263,900,000
596,400,000
55,000,000
50,500,000
-466,000,000
1,600,000
514,300,000
6,600,000
-2,700,000
-900,000
-2,300,000
5,900,000
thames water utilities limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for thames water utilities limited. Get real-time insights into thames water utilities limited's credit score, group structure and payment trends.
Thames Water Utilities Limited Competitor Analysis
Perform a competitor analysis for thames water utilities limited by selecting its closest rivals, whether from the WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES sector, other mega companies, companies in RG1 area or any other competitors across 12 key performance metrics.
thames water utilities limited Ownership
THAMES WATER UTILITIES LIMITED group structure
Thames Water Utilities Limited has 2 subsidiary companies.
The sole shareholder of Thames Water Utilities Limited is Thames Water Utilities Holdings Limited.
thames water utilities holdings limited
100%
thames water utilities limited directors
Thames Water Utilities Limited currently has 14 directors.
The longest serving directors include
Mr Lincoln Webb (Jan 2011) and
Fuxin Sheng (Oct 2012).
thames water utilities limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 6 charges/mortgages relating to thames water utilities limited. Currently there are 5 open charges and 1 have been satisfied in the past.
thames water utilities limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for THAMES WATER UTILITIES LIMITED. This can take several minutes, an email will notify you when this has completed.
thames water utilities limitedCompanies House Filings - See Documents
