Clear Business Water Limited
Registered name: CLEAR BUSINESS WATER LIMITED
Part of Vitruvian Partners LLP groupClear Business Water Limited made £81.8m revenue and £3m profit in the year to 30 Apr 2024.
Clear Business Water Limited’s revenue grew 3% to £81.8m in the year to 30 Apr 2024, with £3m profit. The company is classified under “water collection, treatment and supply” and is based in Glasgow; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Glasgow
- Age
- 13 yrs · since 2013
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 30 Apr 2023 | 30 Apr 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £79.3m | £81.8m |
| Cost of sales | −£62.2m | −£67.2m |
| Gross profit | £17.1m | £14.6m |
| Operating profit | £12.6m | £3m |
| Profit before tax | £12.6m | £3m |
| Profit after tax | £9.7m | £3m |
| Profit (best available) | £9.7m | £3m |
| Employees (average) | — | — |
| Ratios | ||
| Profit margin | 12.3% | 3.6% |
| Gross margin | 21.6% | 17.9% |
| Growth (year on year) | ||
| Revenue growth | — | ▲3.1% |
| Profit growth | — | ▼69.3% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Source | Accounts · bulk data Feb 2025 | Accounts · bulk data Feb 2025 |
How the business works
- Profit margin
- 3.6%
- Profit ÷ revenue.
- Gross margin
- 17.9%
- 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.
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 —
Group structure
Ownership chain
- Vitruvian Partners LLPultimate parent75–100%
- Etihad Topco Limited75–100%
- Etihad Acquisitions Limited75–100%
- Verastar Holdings Limited75–100%
- Verastar Limited75–100%
- Clear Business Water Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (5)
- Economy Gas LimitedFigures not disclosed
- Inspire Group Services LimitedFigures not disclosed
- Littlenlarge.com LimitedFigures not disclosed
- Sinq Power LimitedFigures not disclosed
- Tbo Services LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 30 Apr 2024 (profit £3m), from the Companies House accounts bulk data published Feb 2025. Spotted an error? Request a correction.
Updated from Companies House on 23 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.