independent water networks limited

independent water networks limited Company Information

Share INDEPENDENT WATER NETWORKS LIMITED
Live 
EstablishedMidRapid

Company Number

05776438

Industry

Water collection, treatment and supply

 

Transport via pipeline

 
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Directors

Clive Linsdell

Neil Shaw

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Shareholders

inexus group (holdings) ltd

Group Structure

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Contact

Registered Address

synergy house windmill avenue, woolpit, bury st. edmunds, IP30 9UP

independent water networks limited Estimated Valuation

£18.6m

Pomanda estimates the enterprise value of INDEPENDENT WATER NETWORKS LIMITED at £18.6m based on a Turnover of £17.5m and 1.06x industry multiple (adjusted for size and gross margin).

independent water networks limited Estimated Valuation

£0

Pomanda estimates the enterprise value of INDEPENDENT WATER NETWORKS LIMITED at £0 based on an EBITDA of £-2.5m and a 4.61x industry multiple (adjusted for size and gross margin).

independent water networks limited Estimated Valuation

£57.2m

Pomanda estimates the enterprise value of INDEPENDENT WATER NETWORKS LIMITED at £57.2m based on Net Assets of £22.2m and 2.58x industry multiple (adjusted for liquidity).

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Independent Water Networks Limited Overview

Independent Water Networks Limited is a live company located in bury st. edmunds, IP30 9UP with a Companies House number of 05776438. It operates in the water collection, treatment and supply sector, SIC Code 36000. Founded in April 2006, it's largest shareholder is inexus group (holdings) ltd with a 100% stake. Independent Water Networks Limited is a established, mid sized company, Pomanda has estimated its turnover at £17.5m with rapid growth in recent years.

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Independent Water Networks Limited Health Check

Pomanda's financial health check has awarded Independent Water Networks Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £17.5m, make it smaller than the average company (£23.2m)

£17.5m - Independent Water Networks Limited

£23.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 42%, show it is growing at a faster rate (7%)

42% - Independent Water Networks Limited

7% - Industry AVG

production

Production

with a gross margin of 19.6%, this company has a higher cost of product (38.2%)

19.6% - Independent Water Networks Limited

38.2% - Industry AVG

profitability

Profitability

an operating margin of -18% make it less profitable than the average company (14.5%)

-18% - Independent Water Networks Limited

14.5% - Industry AVG

employees

Employees

with 89 employees, this is above the industry average (59)

89 - Independent Water Networks Limited

59 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Independent Water Networks Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £196.7k, this is less efficient (£246.5k)

£196.7k - Independent Water Networks Limited

£246.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 68 days, this is later than average (51 days)

68 days - Independent Water Networks Limited

51 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 15 days, this is quicker than average (43 days)

15 days - Independent Water Networks Limited

43 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Independent Water Networks Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (16 weeks)

0 weeks - Independent Water Networks Limited

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 67.8%, this is a similar level of debt than the average (66.8%)

67.8% - Independent Water Networks Limited

66.8% - Industry AVG

INDEPENDENT WATER NETWORKS LIMITED financials

EXPORTms excel logo

Independent Water Networks Limited's latest turnover from December 2023 is £17.5 million and the company has net assets of £22.2 million. According to their latest financial statements, we estimate that Independent Water Networks Limited has 89 employees and maintains cash reserves of £94.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Jun 2012Jun 2011Jun 2010
Turnover17,506,9389,630,0077,046,1586,068,8755,464,6264,254,6113,881,2332,571,2471,848,2121,233,408683,993270,888342,653133,00753,607
Other Income Or Grants000000000000000
Cost Of Sales14,079,0347,352,2535,268,6474,684,7723,985,0353,231,0913,034,3231,583,4181,312,690982,116636,190236,278224,79096,33353,137
Gross Profit3,427,9042,277,7541,777,5111,384,1031,479,5911,023,520846,910987,829535,522251,29247,80334,610117,86336,674470
Admin Expenses6,575,8293,435,3622,125,1771,477,6481,694,1721,151,6001,038,6051,074,1621,008,947166,57962,90266,956109,664147,159160,681
Operating Profit-3,147,925-1,157,608-347,666-93,545-214,581-128,080-191,695-86,333-473,42584,713-15,099-32,3468,199-110,485-160,211
Interest Payable968,631141,52624,024156,637265,439265,981218,574231,444191,543203,363170,45958,172107,99855,12617,807
Interest Receivable000000847009,15409,65333,67612,374749
Pre-Tax Profit-4,116,556-1,299,134-371,690-250,182-480,020-394,061-409,422-317,777-664,968-109,496-185,558-80,865-66,123-153,237-177,269
Tax973,326197,288-35,94338,493104,39573,58363,13095,451142,68121,75826,22716,34610,73841,66949,635
Profit After Tax-3,143,230-1,101,846-407,633-211,689-375,625-320,478-346,292-222,326-522,287-87,738-159,331-64,519-55,385-111,568-127,634
Dividends Paid000000000000000
Retained Profit-3,143,230-1,101,846-407,633-211,689-375,625-320,478-346,292-222,326-522,287-87,738-159,331-64,519-55,385-111,568-127,634
Employee Costs000000000000045,84044,219
Number Of Employees895138353024221610742211
EBITDA*-2,495,376-922,268-177,82061,519-71,91772,963-22,603110,042-381,187152,82434,000-13,76237,734-89,163-147,837

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Jun 2012Jun 2011Jun 2010
Tangible Assets60,204,43538,011,37410,264,2858,715,8478,256,2197,006,6505,969,3624,811,8274,067,7932,577,0331,772,8911,251,601888,177540,551436,182
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets60,204,43538,011,37410,264,2858,715,8478,256,2197,006,6505,969,3624,811,8274,067,7932,577,0331,772,8911,251,601888,177540,551436,182
Stock & work in progress000000000000000
Trade Debtors3,284,492944,0551,138,05811,613603,726974,19833,357343,049207,65058,74739,13768,279105,77084,11813,824
Group Debtors1,195,592401,828158,835112,013173,20462,63049,117104,156112,268180,511207,019144,564585,110395,64792,554
Misc Debtors4,188,7172,633,4551,465,2672,537,5461,427,621307,497916,887324,453268,566271,746120,786135,626150,00945,83114,985
Cash94,06617,20028,7512,69112,5589,5893,272,2573,935,9282,005,67755883320,752268,982189,359201,882
misc current assets000000000000000
total current assets8,762,8673,996,5382,790,9112,663,8632,217,1091,353,9144,271,6184,707,5862,594,161511,562367,775369,2211,109,871714,955323,245
total assets68,967,30242,007,91213,055,19611,379,71010,473,3288,360,56410,240,9809,519,4136,661,9543,088,5952,140,6661,620,8221,998,0481,255,506759,427
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 598,41669,14885,9180000190,6100000001
Group/Directors Accounts29,098,4649,683,7751,175,6501,002,1658,240,2766,887,7146,556,7177,629,6785,855,8793,663,7191,779,1941,828,9362,174,9711,270,438896,143
other short term finances0000000000023,234000
hp & lease commitments000000000000000
other current liabilities9,390,4455,308,5955,469,3303,851,2534,421,5303,422,7995,302,7812,956,9251,903,4860848,85896,70786,613193,219109,865
total current liabilities39,087,32515,061,5186,730,8984,853,41812,661,80610,310,51311,859,49810,777,2137,759,3653,663,7192,628,0521,948,8772,261,5841,463,6571,006,009
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions7,688,7506,040,143455,752250,113173,65436,55847,51161,9370000000
total long term liabilities7,688,7506,040,143455,752250,113173,65436,55847,51161,9370000000
total liabilities46,776,07521,101,6617,186,6505,103,53112,835,46010,347,07111,907,00910,839,1507,759,3653,663,7192,628,0521,948,8772,261,5841,463,6571,006,009
net assets22,191,22720,906,2515,868,5466,276,179-2,362,132-1,986,507-1,666,029-1,319,737-1,097,411-575,124-487,386-328,055-263,536-208,151-246,582
total shareholders funds22,191,22720,906,2515,868,5466,276,179-2,362,132-1,986,507-1,666,029-1,319,737-1,097,411-575,124-487,386-328,055-263,536-208,151-246,582
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit-3,147,925-1,157,608-347,666-93,545-214,581-128,080-191,695-86,333-473,42584,713-15,099-32,3468,199-110,485-160,211
Depreciation652,549235,340169,846155,064142,664201,043169,092196,37592,23868,11149,09918,58429,53521,32212,374
Amortisation000000000000000
Tax973,326197,288-35,94338,493104,39573,58363,13095,451142,68121,75826,22716,34610,73841,66949,635
Stock000000000000000
Debtors4,689,4631,217,178100,988456,621860,226344,964227,703183,17477,480144,06218,473-177,127315,293404,233121,363
Creditors529,268-16,77085,918000-190,610190,61000000-11
Accruals and Deferred Income4,081,850-160,7351,618,077-570,277998,731-1,879,9822,345,8561,053,4391,903,486-848,858752,151-96,512-106,60683,354109,865
Deferred Taxes & Provisions1,648,6075,584,391205,63976,459137,096-10,953-14,42661,9370000000
Cash flow from operations48,2123,464,7281,594,883-850,427308,079-2,089,3531,953,6441,328,3051,587,500-818,338793,90583,199-373,427-368,374-109,699
Investing Activities
capital expenditure-22,845,610-27,982,429-1,718,284-614,692-1,392,233-1,238,331-1,326,627-940,409-1,582,998-872,253-570,389-729,634-377,161-125,691-448,556
Change in Investments000000000000000
cash flow from investments-22,845,610-27,982,429-1,718,284-614,692-1,392,233-1,238,331-1,326,627-940,409-1,582,998-872,253-570,389-729,634-377,161-125,691-448,556
Financing Activities
Bank loans000000000000000
Group/Directors Accounts19,414,6898,508,125173,485-7,238,1111,352,562330,997-1,072,9611,773,7992,192,1601,884,525-49,742558,498904,533374,295896,143
Other Short Term Loans 0000000000-23,23423,234000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue4,428,20616,139,55108,850,0000000000-55,3850149,999-118,948
interest-968,631-141,526-24,024-156,637-265,439-265,981-217,727-231,444-191,543-194,209-170,459-48,519-74,322-42,752-17,058
cash flow from financing22,874,26424,506,150149,4611,455,2521,087,12365,016-1,290,6881,542,3552,000,6171,690,316-243,435477,828830,211481,542760,137
cash and cash equivalents
cash76,866-11,55126,060-9,8672,969-3,262,668-663,6711,930,2512,005,119-275-19,919-168,60779,623-12,523201,882
overdraft000000000000000
change in cash76,866-11,55126,060-9,8672,969-3,262,668-663,6711,930,2512,005,119-275-19,919-168,60779,623-12,523201,882

independent water networks limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Independent Water Networks Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for independent water networks limited by selecting its closest rivals, whether from the WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES sector, other mid companies, companies in IP30 area or any other competitors across 12 key performance metrics.

independent water networks limited Ownership

INDEPENDENT WATER NETWORKS LIMITED group structure

Independent Water Networks Limited has no subsidiary companies.

Ultimate parent company

BROOKFIELD CORP

#0153040

2 parents

INDEPENDENT WATER NETWORKS LIMITED

05776438

INDEPENDENT WATER NETWORKS LIMITED Shareholders

inexus group (holdings) ltd 100%

independent water networks limited directors

Independent Water Networks Limited currently has 5 directors. The longest serving directors include Mr Clive Linsdell (Jan 2013) and Mr Neil Shaw (Oct 2014).

officercountryagestartendrole
Mr Clive LinsdellEngland62 years Jan 2013- Director
Mr Neil Shaw62 years Oct 2014- Director
Mr Charles ThackerayEngland55 years Jan 2020- Director
Mr Richard BrettUnited Kingdom39 years Apr 2020- Director
Mr John TrounsonEngland58 years Apr 2022- Director

P&L

December 2023

turnover

17.5m

+82%

operating profit

-3.1m

+172%

gross margin

19.6%

-17.22%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

22.2m

+0.06%

total assets

69m

+0.64%

cash

94.1k

+4.47%

net assets

Total assets minus all liabilities

independent water networks limited company details

company number

05776438

Type

Private limited with Share Capital

industry

37000 - Sewerage

36000 - Water collection, treatment and supply

49500 - Transport via pipeline

incorporation date

April 2006

age

19

incorporated

UK

ultimate parent company

BROOKFIELD CORP

accounts

Full Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

DELOITTE LLP

address

synergy house windmill avenue, woolpit, bury st. edmunds, IP30 9UP

Bank

-

Legal Advisor

-

independent water networks 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 did not find charges/mortgages relating to independent water networks limited.

independent water networks 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.

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independent water networks limited Companies House Filings - See Documents

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