Pennon Group PLC
Registered name: PENNON GROUP PLC
Pennon Group PLC made £1.3bn revenue and £92.6m profit in the year to 31 Mar 2026.
Pennon Group PLC’s revenue grew 23% to £1.3bn in the year to 31 Mar 2026, with £92.6m profit. The company is classified under “activities of head offices” and is based in Exeter; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Exeter, South West
- Age
- 37 yrs · since 1989
- Type
- Public Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £908m | £1bn | £1.3bn |
| Operating profit | £140m | £111m | £305m |
| Profit before tax | −£9.1m | −£72.7m | £114m |
| Profit after tax | −£8.5m | −£56.8m | £92.6m |
| Profit (best available) | −£8.5m | −£56.8m | £92.6m |
| Employees (average) | 3,333 | 3,910 | — |
| Ratios | |||
| Profit margin | −0.9% | −5.4% | 7.2% |
| Revenue per employee | £272k | £268k | — |
| Profit per employee | −£2.5k | −£14.5k | — |
| Growth (year on year) | |||
| Revenue growth | — | ▲15.4% | ▲23.3% |
| Headcount growth | — | ▲17.3% | — |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jul 2025 | Accounts · bulk data Jul 2025 | Accounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 7.2%
- Profit ÷ revenue.
- Gross margin
- —
- 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
Subsidiaries (11)
- Bristol Water Holdings UK LimitedFigures not disclosed
- Peninsula Trustees LimitedFigures not disclosed
- Pennon Defined Contribution Pension Trustee LimitedFigures not disclosed
- Pennon LimitedFigures not disclosed
- Pennon Pension Trustees LimitedFigures not disclosed
- Pennon Power LimitedFigures not disclosed
- Pennon Power Lite LimitedFigures not disclosed
- Pennon Water Services LimitedFigures not disclosed
- South West Water LimitedFigures not disclosed
- Sutton and East Surrey Group Holdings LimitedFigures not disclosed
- SWW Pension Trustees LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2026 (profit £92.6m), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.