WALES & WEST UTILITIES LIMITED

Active
Company number 05046791Private limited companyIncorporated 2004

Key figures

£721,100,000
Net assets 2025/26

† WALES & WEST UTILITIES LIMITED filed these accounts on paper, so Companies House publishes them only as a scanned image. The figures for the years marked † were read automatically from the scan and kept only where the statements add up (for example net assets equal total equity), but a reading error is still possible — check the original accounts at Companies House.

Ratios

2025/26

Sector comparison

SIC 35220

Where the company stands among the 290 active companies whose first SIC code is 35220 (Distribution of gaseous fuels through mains).

Net assets£721,100,000
Higher than 97% · median £30,989
Total assets£3,598,700,000
Higher than 97% · median £88,205
Cash£2,800,000
Higher than 83% · median £159,247
Company age22.7 years
Older than 89% · median 8.5 years
Largest in this sector by net assets
  1. SOUTHERN GAS NETWORKS PLC£1.3bn
  2. GRAIN LNG LIMITED£828.7m
  3. WALES & WEST UTILITIES LIMITED£721.1m
  4. SCOTLAND GAS NETWORKS PLC£516m
  5. SONATRACH GAS MARKETING UK LIMITED£173.4m
  6. ENGIE GAS LIMITED£108m
  7. REGENT GAS LIMITED£107m
  8. EQUANS FM LIMITED£98.7m
  9. PREMIER TRANSMISSION LIMITED£81.4m
  10. GAS PLUS SUPPLY LIMITED£59.8m

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 290. The line on each bar marks the median.

Summary: WALES & WEST UTILITIES LIMITED

What kind of company is it?

WALES & WEST UTILITIES LIMITED is a private limited company registered with Companies House under company number 05046791. It was incorporated on 17 Feb 2004. Its status is active. The registered office is in Newport (NP10). Its nature of business (SIC 2007) is distribution of gaseous fuels through mains (35220).

How is the company doing financially?

The latest accounts in the database are for 2025/26 (period ending 31 Mar 2026); the company files group accounts. Turnover was £594,200,000. Profit for the year was £69,100,000. Net assets were £721,100,000. Cash at bank and in hand was £2,800,000. Total assets were £3,598,700,000 and total liabilities £342,000,000. Figures are available for 2 financial years (2024/25–2025/26).

How does it compare with similar companies?

Compared with 290 active companies whose first SIC code is 35220: By net assets it ranks higher than 97% of them (median £30,989). By total assets it ranks higher than 97% of them (median £88,205). By cash it ranks higher than 83% of them (median £159,247). It is older than 89% of them (median age 8.5 years).

Does it supply the public sector?

The company is named as a supplier in 4 public contract award notices from 2 public sector buyers since 2024. Contracts awarded to it alone have a combined published value of £37.6k. Its most frequent buyer is Bristol City Council (3 contracts). It is recorded as the recipient of 9 central government grants worth £599.5k, mainly from Department for Science, Innovation and Technology.

What do public registers and reports show?

HMRC lists it as an importer of goods, mainly machinery. In its latest payment practices report it took an average of 34 days to pay suppliers, and 18% of invoices were not paid within agreed terms. Its gender pay gap report for 2025/26 shows median hourly pay for women 6% lower than for men. It has modern slavery statements on the government registry for 7 years.

Who runs and controls the company?

One person with significant control is registered. 2 of 5 registered charges are outstanding.

When are its next filings due?

The next accounts are due by 31 Dec 2027. The next confirmation statement is due by 3 Mar 2027.

Filed accounts2024/25–2025/26
2024/25 †2025/26 †
Turnover552,100,000594,200,000
Profit for the year167,400,00069,100,000
Cash at bank and in hand—2,800,000
Total assets—3,598,700,000
Total liabilities—342,000,000
Net assets / total equity—721,100,000

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Public contracts

4 contracts

WALES & WEST UTILITIES LIMITED is named as a supplier in 4 public contract award notices from 2 public sector buyers since 2024. The 1 contract awarded to it alone with a published value add up to £37.6k.

Contracts per year
Main buyers2
Bristol City Council
3 contracts
Swindon Borough Council
1 contract · £37.6k
Contracts
  1. Social Care and Education PlacementBristol City Council · runs until Jun 2028
  2. Social Care and Education PlacementBristol City Council
  3. Social Care and Education PlacementBristol City Council
  4. Supply of mains gas to the agreed meter locations and the meter housings at Les Gowings HouseSwindon Borough Council · £37,611

From contract award notices on Contracts Finder (since 2016) and Find a Tender (since 2021), published by the Cabinet Office under the Open Government Licence v3.0. Values are as published by the buyer and usually cover the whole contract term; the total leaves out awards shared between several suppliers, where the published figure is a ceiling for all of them, placeholder values and single figures of £1 billion or more. Contracts below the publication thresholds and those of devolved buyers that publish elsewhere are not included.

Government grants

9 grants

WALES & WEST UTILITIES LIMITED is recorded as the recipient of 9 central government grants since 2020, together worth £599.5k.

Funders
Department for Science, Innovation and Technology
7 grants · £466.7k
Department for Business, Energy and Industrial Strategy
2 grants · £132.9k
Grants
  1. NextGen Electrolysis Wastewater to Green HydrogenDepartment for Science, Innovation and Technology · £56,623 · UKRI - Innovate UK - Scheme
  2. CWTCH - Contaminated Water To Clean HydrogenDepartment for Science, Innovation and Technology · £13,424 · UKRI - Innovate UK - Scheme
  3. Milford Haven - Hydrogen KingdomDepartment for Science, Innovation and Technology · £48,808 · UKRI - Innovate UK - Scheme
  4. NEW-ID (North East Wales Industrial Decarbonisation)Department for Science, Innovation and Technology · £113,252 · UKRI - Innovate UK - Scheme
  5. Net Zero Caerphilly Whole System Decision Support Toolkit (NetZeroCaer)Department for Science, Innovation and Technology · £7,485 · UKRI - Innovate UK - Scheme
Show 4 more
  1. South Wales Industrial Cluster - Phase 2 DeploymentDepartment for Business, Energy and Industrial Strategy · £116,429 · UKRI - ISCF - Scheme 22/23
  2. South Wales Industrial Cluster - Phase 2 DeploymentDepartment for Science, Innovation and Technology · £213,538 · UKRI - ISCF - Scheme
  3. South Wales Industrial Cluster - Phase 2 DeploymentDepartment for Science, Innovation and Technology · £13,530 · UKRI - ISCF - Scheme
  4. BankEnergi - end to end software for energy tradingDepartment for Business, Energy and Industrial Strategy · £16,448 · ALB - UKRI - Innovate UK grant awards in 20-21

From the Government Grants Register published by the Cabinet Office (financial years 2016/17 onwards, Open Government Licence v3.0). It covers grants from central government departments and their agencies where the register states the recipient's company number and the recipient name matches this company; grants from local authorities, lottery distributors and devolved governments are not included.

Statutory reporting

Payment practices1 Apr 2026 – 30 Sep 2026
Average time taken to pay invoices
34 days
Invoices not paid within agreed terms
18%
Standard payment terms
28–59 days
Member of a payment code
No
  • Within 30 days 42%
  • 31 to 60 days 55%
  • After 60 days 3%
Earlier periods (7)
Period ending
Days to pay
Within 30 days
Late
31 Mar 2026
34
45%
15%
30 Sep 2025
34
44%
15%
31 Mar 2025
33
44%
15%
30 Sep 2024
33
45%
20%
31 Mar 2024
34
47%
20%
30 Sep 2023
36
46%
22%
31 Mar 2023
36
43%
24%

View the latest report on GOV.UK

Gender pay gap2025/26
Median hourly pay
women 6% lower
Mean hourly pay
women 7% lower
Median bonus pay
women 34% lower
Employer size
1000 to 4999 employees
Lower pay quarter22% womenLower middle18% womenUpper middle15% womenUpper pay quarter15% women
Earlier years (8)
Year
Median hourly pay
Mean hourly pay
2024/25
women 9% lower
women 8% lower
2023/24
women 10% lower
women 8% lower
2022/23
women 9% lower
women 3% lower
2021/22
women 7% higher
women 7% higher
2020/21
women 10% higher
women 2% higher
2019/20
women 10% higher
women 1% lower
2018/19
women 8% higher
women 8% lower
2017/18
women 4% higher
women 10% lower

A positive gap means women's average hourly pay is lower than men's across the whole employer; it is not a comparison of pay for the same work. View on the Gender pay gap service

Modern slavery statements7
2026
Statement · summary on GOV.UK
2025
Statement · summary on GOV.UK
2024
Statement · summary on GOV.UK
Earlier years (4)
2023
Statement · summary on GOV.UK
2022
Statement · summary on GOV.UK
2021
Statement · summary on GOV.UK
2020
Statement · summary on GOV.UK

Figures the company reported itself to the government's Check payment practices service, Gender pay gap service and Modern slavery statement registry (Open Government Licence v3.0). Only large companies and employers with 250 or more staff have to report, so most companies have nothing here.

Registers and licences

International trade‡

Listed by HMRC as an importer of goods in 2 of the last 12 months on record, most recently August 2026. Main goods: machinery.

From HMRC's monthly lists of importers and exporters. Traders can ask to be left off the lists, so absence does not mean a company does not trade.

Sources: Charity Commission for England and Wales, Care Quality Commission, Home Office and HM Revenue & Customs, under the Open Government Licence v3.0. Entries marked ‡ come from lists that do not state a company number and were linked by an exact match on the registered name.

History

4 events
  1. Financial year 2025/26 endedAccounts: turnover £594.2m, net assets £721.1m
  2. Financial year 2024/25 endedAccounts: turnover £552.1m
  3. Wales & West Utilities Holdings Limited registered as a person with significant control
  4. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current persons with significant control, and the end of each financial year with figures in the database. Former persons with significant control are not listed.