independent water networks limited Company Information
Company Number
05776438
Next Accounts
Sep 2025
Industry
Water collection, treatment and supply
Transport via pipeline
Shareholders
inexus group (holdings) ltd
Group Structure
View All
Contact
Registered Address
synergy house windmill avenue, woolpit, bury st. edmunds, IP30 9UP
Website
http://iwnl.co.ukindependent water networks limited Estimated Valuation
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
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
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
2 Strong
1 Regular
7 Weak
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
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
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
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
with 89 employees, this is above the industry average (59)
- Independent Water Networks Limited
59 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Independent Water Networks Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £196.7k, this is less efficient (£246.5k)
- Independent Water Networks Limited
£246.5k - Industry AVG
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
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
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Independent Water Networks Limited
- - Industry AVG
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
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
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 House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Jun 2012 | Jun 2011 | Jun 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 17,506,938 | 9,630,007 | 7,046,158 | 6,068,875 | 5,464,626 | 4,254,611 | 3,881,233 | 2,571,247 | 1,848,212 | 1,233,408 | 683,993 | 270,888 | 342,653 | 133,007 | 53,607 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 14,079,034 | 7,352,253 | 5,268,647 | 4,684,772 | 3,985,035 | 3,231,091 | 3,034,323 | 1,583,418 | 1,312,690 | 982,116 | 636,190 | 236,278 | 224,790 | 96,333 | 53,137 |
Gross Profit | 3,427,904 | 2,277,754 | 1,777,511 | 1,384,103 | 1,479,591 | 1,023,520 | 846,910 | 987,829 | 535,522 | 251,292 | 47,803 | 34,610 | 117,863 | 36,674 | 470 |
Admin Expenses | 6,575,829 | 3,435,362 | 2,125,177 | 1,477,648 | 1,694,172 | 1,151,600 | 1,038,605 | 1,074,162 | 1,008,947 | 166,579 | 62,902 | 66,956 | 109,664 | 147,159 | 160,681 |
Operating Profit | -3,147,925 | -1,157,608 | -347,666 | -93,545 | -214,581 | -128,080 | -191,695 | -86,333 | -473,425 | 84,713 | -15,099 | -32,346 | 8,199 | -110,485 | -160,211 |
Interest Payable | 968,631 | 141,526 | 24,024 | 156,637 | 265,439 | 265,981 | 218,574 | 231,444 | 191,543 | 203,363 | 170,459 | 58,172 | 107,998 | 55,126 | 17,807 |
Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 847 | 0 | 0 | 9,154 | 0 | 9,653 | 33,676 | 12,374 | 749 |
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 |
Tax | 973,326 | 197,288 | -35,943 | 38,493 | 104,395 | 73,583 | 63,130 | 95,451 | 142,681 | 21,758 | 26,227 | 16,346 | 10,738 | 41,669 | 49,635 |
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 Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
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 Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
Number Of Employees | |||||||||||||||
EBITDA* | -2,495,376 | -922,268 | -177,820 | 61,519 | -71,917 | 72,963 | -22,603 | 110,042 | -381,187 | 152,824 | 34,000 | -13,762 | 37,734 | -89,163 | -147,837 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Jun 2012 | Jun 2011 | Jun 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 60,204,435 | 38,011,374 | 10,264,285 | 8,715,847 | 8,256,219 | 7,006,650 | 5,969,362 | 4,811,827 | 4,067,793 | 2,577,033 | 1,772,891 | 1,251,601 | 888,177 | 540,551 | 436,182 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 60,204,435 | 38,011,374 | 10,264,285 | 8,715,847 | 8,256,219 | 7,006,650 | 5,969,362 | 4,811,827 | 4,067,793 | 2,577,033 | 1,772,891 | 1,251,601 | 888,177 | 540,551 | 436,182 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 3,284,492 | 944,055 | 1,138,058 | 11,613 | 603,726 | 974,198 | 33,357 | 343,049 | 207,650 | 58,747 | 39,137 | 68,279 | 105,770 | 84,118 | 13,824 |
Group Debtors | 1,195,592 | 401,828 | 158,835 | 112,013 | 173,204 | 62,630 | 49,117 | 104,156 | 112,268 | 180,511 | 207,019 | 144,564 | 585,110 | 395,647 | 92,554 |
Misc Debtors | 4,188,717 | 2,633,455 | 1,465,267 | 2,537,546 | 1,427,621 | 307,497 | 916,887 | 324,453 | 268,566 | 271,746 | 120,786 | 135,626 | 150,009 | 45,831 | 14,985 |
Cash | 94,066 | 17,200 | 28,751 | 2,691 | 12,558 | 9,589 | 3,272,257 | 3,935,928 | 2,005,677 | 558 | 833 | 20,752 | 268,982 | 189,359 | 201,882 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 8,762,867 | 3,996,538 | 2,790,911 | 2,663,863 | 2,217,109 | 1,353,914 | 4,271,618 | 4,707,586 | 2,594,161 | 511,562 | 367,775 | 369,221 | 1,109,871 | 714,955 | 323,245 |
total assets | 68,967,302 | 42,007,912 | 13,055,196 | 11,379,710 | 10,473,328 | 8,360,564 | 10,240,980 | 9,519,413 | 6,661,954 | 3,088,595 | 2,140,666 | 1,620,822 | 1,998,048 | 1,255,506 | 759,427 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 598,416 | 69,148 | 85,918 | 0 | 0 | 0 | 0 | 190,610 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
Group/Directors Accounts | 29,098,464 | 9,683,775 | 1,175,650 | 1,002,165 | 8,240,276 | 6,887,714 | 6,556,717 | 7,629,678 | 5,855,879 | 3,663,719 | 1,779,194 | 1,828,936 | 2,174,971 | 1,270,438 | 896,143 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23,234 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 9,390,445 | 5,308,595 | 5,469,330 | 3,851,253 | 4,421,530 | 3,422,799 | 5,302,781 | 2,956,925 | 1,903,486 | 0 | 848,858 | 96,707 | 86,613 | 193,219 | 109,865 |
total current liabilities | 39,087,325 | 15,061,518 | 6,730,898 | 4,853,418 | 12,661,806 | 10,310,513 | 11,859,498 | 10,777,213 | 7,759,365 | 3,663,719 | 2,628,052 | 1,948,877 | 2,261,584 | 1,463,657 | 1,006,009 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 7,688,750 | 6,040,143 | 455,752 | 250,113 | 173,654 | 36,558 | 47,511 | 61,937 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 7,688,750 | 6,040,143 | 455,752 | 250,113 | 173,654 | 36,558 | 47,511 | 61,937 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 46,776,075 | 21,101,661 | 7,186,650 | 5,103,531 | 12,835,460 | 10,347,071 | 11,907,009 | 10,839,150 | 7,759,365 | 3,663,719 | 2,628,052 | 1,948,877 | 2,261,584 | 1,463,657 | 1,006,009 |
net assets | 22,191,227 | 20,906,251 | 5,868,546 | 6,276,179 | -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 funds | 22,191,227 | 20,906,251 | 5,868,546 | 6,276,179 | -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 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Jun 2012 | Jun 2011 | Jun 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | -3,147,925 | -1,157,608 | -347,666 | -93,545 | -214,581 | -128,080 | -191,695 | -86,333 | -473,425 | 84,713 | -15,099 | -32,346 | 8,199 | -110,485 | -160,211 |
Depreciation | 652,549 | 235,340 | 169,846 | 155,064 | 142,664 | 201,043 | 169,092 | 196,375 | 92,238 | 68,111 | 49,099 | 18,584 | 29,535 | 21,322 | 12,374 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | 973,326 | 197,288 | -35,943 | 38,493 | 104,395 | 73,583 | 63,130 | 95,451 | 142,681 | 21,758 | 26,227 | 16,346 | 10,738 | 41,669 | 49,635 |
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 4,689,463 | 1,217,178 | 100,988 | 456,621 | 860,226 | 344,964 | 227,703 | 183,174 | 77,480 | 144,062 | 18,473 | -177,127 | 315,293 | 404,233 | 121,363 |
Creditors | 529,268 | -16,770 | 85,918 | 0 | 0 | 0 | -190,610 | 190,610 | 0 | 0 | 0 | 0 | 0 | -1 | 1 |
Accruals and Deferred Income | 4,081,850 | -160,735 | 1,618,077 | -570,277 | 998,731 | -1,879,982 | 2,345,856 | 1,053,439 | 1,903,486 | -848,858 | 752,151 | -96,512 | -106,606 | 83,354 | 109,865 |
Deferred Taxes & Provisions | 1,648,607 | 5,584,391 | 205,639 | 76,459 | 137,096 | -10,953 | -14,426 | 61,937 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | 48,212 | 3,464,728 | 1,594,883 | -850,427 | 308,079 | -2,089,353 | 1,953,644 | 1,328,305 | 1,587,500 | -818,338 | 793,905 | 83,199 | -373,427 | -368,374 | -109,699 |
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 19,414,689 | 8,508,125 | 173,485 | -7,238,111 | 1,352,562 | 330,997 | -1,072,961 | 1,773,799 | 2,192,160 | 1,884,525 | -49,742 | 558,498 | 904,533 | 374,295 | 896,143 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -23,234 | 23,234 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
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 financing | 22,874,264 | 24,506,150 | 149,461 | 1,455,252 | 1,087,123 | 65,016 | -1,290,688 | 1,542,355 | 2,000,617 | 1,690,316 | -243,435 | 477,828 | 830,211 | 481,542 | 760,137 |
cash and cash equivalents | |||||||||||||||
cash | 76,866 | -11,551 | 26,060 | -9,867 | 2,969 | -3,262,668 | -663,671 | 1,930,251 | 2,005,119 | -275 | -19,919 | -168,607 | 79,623 | -12,523 | 201,882 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 76,866 | -11,551 | 26,060 | -9,867 | 2,969 | -3,262,668 | -663,671 | 1,930,251 | 2,005,119 | -275 | -19,919 | -168,607 | 79,623 | -12,523 | 201,882 |
independent water networks limited Credit Report and Business Information
Independent Water Networks Limited Competitor Analysis
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 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).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Clive Linsdell | England | 62 years | Jan 2013 | - | Director |
Mr Neil Shaw | 62 years | Oct 2014 | - | Director | |
Mr Charles Thackeray | England | 55 years | Jan 2020 | - | Director |
Mr Richard Brett | United Kingdom | 39 years | Apr 2020 | - | Director |
Mr John Trounson | England | 58 years | Apr 2022 | - | Director |
P&L
December 2023turnover
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 2023net 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
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
date | description | view/download |
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