How much does High Water Drinks Limited make?

High Water Drinks Limited reported revenue of £397k and £2.1k profit in the year to 27 Dec 2025, according to its accounts filed at Companies House.

Is High Water Drinks Limited profitable?

Yes — High Water Drinks Limited reported a profit of £2.1k in the year to 27 Dec 2025.

Company No. 02896454 · Incorporated 9 Feb 1994

High Water Drinks Limited

Registered name: HIGH WATER DRINKS LIMITED

Part of Musgrave Investments Limited group

High Water Drinks Limited made £397k revenue and £2.1k profit in the year to 27 Dec 2025.

High Water Drinks Limited’s revenue fell 53% to £397k in the year to 27 Dec 2025, with £2.1k profit. The company is classified under “retail sale in non-specialised stores with food, beverages or tobacco predominating” and is based in Leeds; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47110Retail sale in non-specialised stores with food, beverages or tobacco predominating

Status: Active
Location: Leeds, Yorkshire and The Humber
Age: 32 yrs · since 1994
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 27 Dec 2025

Key figures

Revenue

£397k

Growth ▼53.3%

Profit

£2.1k

Growth ▼77.3%

Profit margin

0.5%

Gross 2.9%

Employees

—

Change —

Profit / employee

—

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	28 Dec 2023	27 Dec 2024	28 Dec 2024	27 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£350k	£851k	£851k	£397k
Cost of sales	−£340k	−£826k	−£826k	−£386k
Gross profit	£10.2k	£24.8k	£24.8k	£11.6k
Operating profit	£6.1k	£9.4k	£9.4k	£2.1k
Profit before tax	£6.1k	£9.4k	£9.4k	£2.1k
Profit after tax	£6.1k	£9.4k	£9.4k	£2.1k
Profit (best available)	£6.1k	£9.4k	£9.4k	£2.1k
Employees (average)	—	—	—	—
Ratios
Profit margin	1.7%	1.1%	1.1%	0.5%
Gross margin	2.9%	2.9%	2.9%	2.9%
Growth (year on year)
Revenue growth	—	▲143.1%	—	▼53.3%
Profit growth	—	▲55%	—	▼77.3%
Balance sheet — indirect signals, not revenue
Net assets	—	—	—	—
Source	Accounts · bulk data Sep 2025	Accounts · bulk data Sep 2026	Accounts · bulk data Sep 2025	Accounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 0.5%; Profit ÷ revenue.
Gross margin: 2.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: —; Now —
Cash at bank: —; Now —
Headcount: —; Now —
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Musgrave Investments Limitedultimate parent75–100%
High Water Drinks Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (10)

Delifresh LimitedRev. £70.6m · Profit −£66.3k
The Good Food Shop (Hill Street) Newry LimitedRev. £4.3m · Profit −£345k
J & J Haslett Holdings LimitedFigures not disclosed
Musgrave Distribution LimitedFigures not disclosed
Musgrave Retail Partners Ni LimitedFigures not disclosed
Musgrave Retail Stores Ni LimitedFigures not disclosed
Parkview Provisions LimitedFigures not disclosed
Ritter-Courivaud LimitedFigures not disclosed
Robb Brothers Wine Merchants LtdFigures not disclosed
Town & Country Fine Foods LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 27 Dec 2025 (profit £2.1k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 13 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.