How much does Waterlogic Finance 2 Limited make?

Waterlogic Finance 2 Limited reported revenue of £0 and £47.3m profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

Is Waterlogic Finance 2 Limited profitable?

Yes — Waterlogic Finance 2 Limited reported a profit of £47.3m in the year to 31 Dec 2023.

Company No. 11415204 · Incorporated 14 Jun 2018

Waterlogic Finance 2 Limited

Registered name: WATERLOGIC FINANCE 2 LIMITED

Part of Osmosis Topco Limited group

Waterlogic Finance 2 Limited made £0 revenue and £47.3m profit in the year to 31 Dec 2023.

Waterlogic Finance 2 Limited’s revenue was £0 in the year to 31 Dec 2023, with £47.3m profit. The company is classified under “activities of other holding companies” and is based in Reading; we hold 2 years of its filed accounts.

Full profit & loss filedSIC 64209Activities of other holding companies n.e.c.

Status: Active
Location: Reading
Age: 8 yrs · since 2018
Type: Private Limited Company

Latest accounts · year to 31 Dec 2023

Key figures

Revenue

£0

Growth —

Profit

£47.3m

Growth —

Profit margin

—

Employees

—

Change —

Profit / employee

—

Profitable streak

1yr

Consecutive profitable years in our data

Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Profit & loss	Profit & loss
Profit & loss
Revenue (turnover)	£0	£0
Operating profit	−£69.9k	−£23.3k
Profit before tax	−£5.4m	£47.3m
Profit after tax	−£5.4m	£47.3m
Profit (best available)	−£5.4m	£47.3m
Employees (average)	—	—
Ratios
Profit margin	—	—
Balance sheet — indirect signals, not revenue
Net assets	—	—
Source	Accounts · bulk data Mar 2025	Accounts · bulk data Mar 2025

Derived from the latest filing

How the business works

Profit margin: —; 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.

Indirect — not revenue

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 —

Corporate ownership

Group structure

Ownership chain

Osmosis Topco Limitedultimate parent75–100%
Osmosis Funding Limited75–100%
Osmosis Buyer Limited75–100%
Waterlogic Holdings Limited75–100%
Waterlogic Finance 2 Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (2)

Angel Springs Holdings LimitedActive - Proposal to Strike offRev. — · Profit −£1.5m
Waterlogic Finance LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2023 (profit £47.3m), from the Companies House accounts bulk data published Mar 2025. Spotted an error? Request a correction.

Updated from Companies House on 17 Oct 2026