Water Direct Limited
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Water Direct Limited - overview
Established
1996
Location
Colchester, -, UK
Primary Industry
Power & Utilities
About
Founded in 1996 and based in Colchester, UK, Water Direct Limited operates as a provider of alternative and emergency drinking water supply services to water utility companies and to other various other industries such as renewable energy, gas and oil, marine, construction, transport, education, government, and private individuals. In March 2022, Ethos Partners, along with the company's management, acquired Water Direct Limited from Heathcote Holdings. As part of the transaction, Adam Johnson was appointed as the company's new CEO. The services provided by the company include bulk drinking water tankers, water bowsers and static tanks, bulk bottled water delivery, 1,000-liter Aqube, water system chlorination and certification, and contingency planning.
Current Investors
Ethos Partners
Primary Industry
Power & Utilities
Sub Industries
Water & Sewer Utilities
Website
www.water-direct.co.uk
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Water Direct Limited - timeline of key events
Water Direct Limited - financials
| Fiscal Year Ended | Apr 30, 2016 | Apr 30, 2017 | Apr 30, 2018 | Apr 30, 2019 | Apr 30, 2020 | Apr 30, 2021 | Apr 30, 2022 | Apr 30, 2023 | Apr 30, 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | - | - | 10,330,645 | 7,825,123 | 10,006,134 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | (24.3%) | 27.9% | - | - | - |
| EBITDA (USD) | - | - | - | 2,730,584 | 2,467,197 | 4,092,485 | - | - | - |
| Operating Income (USD) | - | - | - | 2,245,168 | 1,577,267 | 3,225,581 | - | - | - |
| Operating Margin | - | - | - | 21.7% | 20.2% | 32.2% | - | - | - |
| % EBITDA Margin | - | - | - | 26.4% | 31.5% | 40.9% | - | - | - |
| NET Income (USD) | 675,480 | 1,814,574 | - | 1,792,560 | 1,245,256 | 2,584,811 | - | - | - |
| % Net Margin | - | - | - | 17.4% | 15.9% | 25.8% | - | - | - |
Water Direct Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Water Direct Limited | - |
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Water Direct Limited - employee data
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