Wessex Water
Parent company: YTL Utilities (UK) Ltd
Regulated utility: Wessex Water Ltd
Ownership: YTL Malaysian construction company
One of the smallest water companies but regarded by many as the best managed. It has always had a reputation for being one of
the most efficient water and sewerage operators and ranks towards the top of the OFWAT league table.
The company is now focused entirely on the water sector having divested its interest in waste management several years ago.
The company is innovative technically with schemes like the world's largest membrane treatment plant at Swanage and a
smaller scheme also on waste water at Porlock. Over the course of the next AMP period (2010-2015) Wessex are investing around £1 billion. Its biggest scheme is a major new water grid designed to improve security supply and costing £289m
Wessex Water was bought from Enron by YTL Utilities (UK) LTD a wholly
owned subsidiary of the Malaysian company YTL Power International. YTL
is one of the 10 largest companies in Malaysia with interests in power
generation, construction contracting, cement manufacture, property development
and hotel, resorts and leisure.
The business was bought by YTL in 2002 for £545 million in cash plus assumed
debt of £945 million. YTL is a family owned business run by the sons
of the founder. The change has bought an increased focus back on the
core business and lead to more work being done in house. YTL have proved consistent owners providing stability and certainty and giving Wessex freedom to concentrate on their core activity. Wessex Water have a district preference for working with smaller regional businesses.
Wessex remains at the top of the Ofwat league table as one of the most efficient water and sewerage companies
Data from annual report for the year
ending March 2010
Financial data is for the regulated utility
| Amount |
| Turnover |
£ 438 million |
| Operating profit |
£ 217 million |
| Capital Investment |
£ 116 million |
| Amount |
| Area served |
10 650 km2 |
Population  -Water
 -Waste water |
1.2 million
2.5 million |
Water
-Water supplied a day
-Length water mains
-Water treatment works
|
363 Ml
11 400 km
110 |
Sewerage
-Length of sewers
-Waste water treatment works
-Sludge produced
|
16 500 km
402
71 000 te's dry
|
Non regulated business
Small businesses only such as the Avonmouth Sludge processing facility
Address
Wessex Water
Claverton Down
Bath
BA2 7WW
Tel: 01225 526000
Web site:
www.wessexwater.co.uk
|