Kemble Water Finance Limited
Registered name: KEMBLE WATER FINANCE LIMITED
Part of Kemble Water Holdings Limited groupKemble Water Finance Limited made £2.3bn revenue and a £703m loss in the year to 31 Mar 2023.
Kemble Water Finance Limited’s revenue grew 4% to £2.3bn in the year to 31 Mar 2023, with a loss of £703m and 7,245 employees. The company is classified under “activities of head offices” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London
- Age
- 20 yrs · since 2006
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £2.1bn | £2.2bn | £2.3bn |
| Cost of sales | −£1.8bn | −£1.9bn | — |
| Operating profit | £465m | £406m | £334m |
| Profit before tax | −£951m | −£1.6bn | −£875m |
| Profit after tax | −£772m | −£1.6bn | −£703m |
| Profit (best available) | −£772m | −£1.6bn | −£703m |
| Employees (average) | 6,529 | 7,086 | 7,245 |
| Ratios | |||
| Profit margin | −36.6% | −75.8% | −31% |
| Revenue per employee | £323k | £307k | £313k |
| Profit per employee | −£118k | −£233k | −£97k |
| Growth (year on year) | |||
| Revenue growth | — | ▲3.3% | ▲4.1% |
| Headcount growth | — | ▲8.5% | ▲2.2% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Aug 2022 | Accounts · bulk data Aug 2022 | Accounts · bulk data Nov 2023 |
How the business works
- Profit margin
- −31%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £313k
- Revenue ÷ average employees.
- Profit per employee
- −£97k
- 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.
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
- ▲2%
- Now 7,245
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Kemble Water Holdings Limitedultimate parent75–100%
- Kemble Water Eurobond PLC75–100%
- Kemble Water Finance Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (2)
- Thames Water (Kemble) Finance PLCFigures not disclosed
- Thames Water LimitedFigures not disclosed
Sister companies (1)
- Thames Water Commercial Ventures Holdings LimitedLiquidationFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2023 (profit −£703m), from the Companies House accounts bulk data published Nov 2023. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.