I2O WATER LTD
Get an alert when I2O WATER LTD files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£777K
-28.3% vs 2024
Net assets
-£276K
-162% vs 2024
Employees
36
-2.7% vs 2024
Profit before tax
—
Period ending 2025-09-30
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
5-year trend · vs Industrials median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2025-09-30
| Metric | Trend | 2020-12-31 | 2021-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | £3,793,934 | — | — | |
| Operating profit | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | — | |
| Net profit | — | — | -£2,599,744 | -£2,187,775 | -£2,573,191 | -17.6% | |
| Cash | £276,781 | £431,552 | £1,018,099 | £1,083,734 | £777,150 | -28.3% | |
| Total assets less current liabilities | -£401,571 | £622,928 | £3,544,830 | £1,367,482 | £539,177 | -60.6% | |
| Net assets | -£942,219 | -£84,443 | £2,844,139 | £445,452 | -£275,970 | -162% | |
| Equity | -£942,219 | -£84,443 | £2,844,139 | £445,452 | -£275,970 | -162% | |
| Average employees | 23 | 23 | 36 | 37 | 36 | -2.7% | |
| Wages | — | — | £2,200,901 | £2,745,574 | £2,785,920 | +1.5% | |
| Directors' remuneration | — | — | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-12-31 | 2021-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 |
|---|---|---|---|---|---|---|
| Net margin | — | — | — | -57.7% | — | |
| Gearing (liabilities / total assets) | — | — | 47.8% | 85.6% | 110.8% | |
| Current ratio | — | — | 2.85x | 1.79x | 1.27x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 2 times since incorporation
- I2O WATER LTD 2007-02-23 → present
- HYDRODIGITAL LIMITED 2006-01-23 → 2007-02-23
- FENPOOL LIMITED 2005-11-09 → 2006-01-23
Audit & accounting basis
- Accounting basis
- FRS 102 §1A
- Reporting scope
- Consolidated group
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Wilder Coe Ltd.
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the continued availability of this group support, together with the directors' review of the Company's forecast cash flows and trading expectations, the directors have a reasonable expectation that the Company will have adequate resources to continue in operational existence for the foreseeable future. Accordingly, they have adopted the going concern basis in preparing these financial statements.”
Significant events
- “During the year ended 30 September 2025, the Directors have identified that there were errors in the previous year's financial statements. A prior year adjustment has been made to remove the offsetting of IP recharge income and recognise it separately within turnover, for the year ended 30 September 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 26 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SMUCYGZ, Barbara | Secretary | 2025-04-10 | — | — |
| DONNELLY, Adam James | Director | 2025-04-28 | Nov 1978 | American |
Show 26 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BURROWS, Andrew Roland | Secretary | 2005-11-17 | 2015-09-03 |
| HEINRICHS, Steven Scott | Secretary | 2021-06-14 | 2025-04-08 |
| A.C. SECRETARIES LIMITED | Corporate Secretary | 2005-11-09 | 2005-11-17 |
| BEART, Nicholas Anthony | Director | 2007-10-04 | 2019-03-05 |
| BOLD, Stephen Eric, Dr | Director | 2007-06-01 | 2014-05-27 |
| BROOKE, Stephen Henry Ralph | Director | 2014-11-19 | 2021-06-14 |
| BURROWS, Andrew Roland | Director | 2006-01-30 | 2015-09-03 |
| CUNNINGHAM, Michelle Marie | Director | 2021-06-14 | 2023-02-04 |
| HAGAN, Joel | Director | 2015-03-24 | 2025-04-17 |
| ISHERWOOD, Simon John | Director | 2008-11-13 | 2010-07-06 |
| KINGDON, Adam Fletcher Downs | Director | 2005-11-17 | 2014-11-19 |
| MANNERING, Michael Eric John | Director | 2012-02-24 | 2014-10-10 |
| MOTTERSHEAD, Peter David Leigh | Director | 2011-04-20 | 2014-09-30 |
| OLIVER, Simon Matthew Dudgeon | Director | 2009-04-14 | 2014-11-19 |
| PHILLIPPS, Andrew James | Director | 2006-08-05 | 2014-11-07 |
| PIWNICA, Carole | Director | 2014-10-10 | 2019-03-05 |
| RAINES, Donna Lynne | Director | 2021-06-14 | 2025-12-31 |
| SAUNDERS, Christopher Mark | Director | 2019-10-01 | 2021-06-14 |
| STACEY, Eric Alexander | Director | 2021-06-14 | 2023-07-31 |
| STARLING, Kevin | Director | 2017-09-19 | 2019-03-05 |
| TOBIN, Iain John | Director | 2011-10-31 | 2014-09-24 |
| TOBIN, Iain John | Director | 2010-07-21 | 2010-11-10 |
| TROW, Stuart William | Director | 2007-06-01 | 2014-11-19 |
| ZAKAS, Marietta Edmunds | Director | 2021-06-14 | 2026-02-20 |
| A.C. DIRECTORS LIMITED | Corporate Director | 2005-11-09 | 2005-11-17 |
| SWARRATON PARTNERS DIRECTORS LTD | Corporate Director | 2009-04-14 | 2014-11-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mueller International Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-06-14 | Active |
| Ombu Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-09-08 | Ceased 2021-06-14 |
| Ombu Group Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2016-09-08 | Ceased 2018-05-14 |
| Na20 S.A. | Corporate entity | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2016-04-06 |
Filing timeline
Last 20 of 196 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-26 | SH01 | capital | Capital allotment shares | |
| 2026-06-26 | AA | accounts | Accounts with accounts type group | |
| 2026-06-25 | SH01 | capital | Capital allotment shares | |
| 2026-02-20 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-05 | SH01 | capital | Capital allotment shares | |
| 2026-02-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-02 | SH01 | capital | Capital allotment shares | |
| 2025-11-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-08-26 | SH01 | capital | Capital allotment shares | |
| 2025-06-30 | AA | accounts | Accounts with accounts type group | |
| 2025-06-10 | SH01 | capital | Capital allotment shares | |
| 2025-06-10 | RP04SH01 | capital | Second filing capital allotment shares | |
| 2025-06-10 | RP04SH01 | capital | Second filing capital allotment shares | |
| 2025-04-29 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-22 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-11 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-04-11 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-01-15 | SH01 | capital | Capital allotment shares | |
| 2024-12-12 | SH01 | capital | Capital allotment shares | |
| 2024-12-02 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 10
- Officers appointed
- 0
- Officers resigned
- 2
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.