Our company
Last Mile Water is an independent water and wastewater company operating under the New Appointment and Variation (NAV) framework, licensed and regulated by Ofwat.
Even though we own and manage the local networks, the wider regional incumbent water and sewerage companies still play an important role. Our networks connect to their upstream assets and they are responsible for the provision of bulk drinking water and, in most cases, the treatment of wastewater. Our bills therefore include our costs as well as the upstream bulk charges and our prices match those of the upstream water companies to ensure that customers are no worse off.
Our licence
We operate as a NAV, which involves one statutory company replacing another as the water and /or wastewater provider for a specific geographic area.
Our services
We provide services to the homes and commercial premises connected to our networks.
Potable water – potable (clean) water networks including service connections and metering, installed and adopted.
Wastewater – the advantage our package provides over traditional monopoly incumbents is our flexibility and that we want to adopt and control your wastewater networks delivery.
SuDs & drainage – we adopt all SuDs and drainage facilities on site and manage them with our onsite integrated water team.
Our investors
Last Mile Water is part of the Last Mile group of companies. Our investor – Macquarie Asset Management – are committed to helping realise our long-term growth ambitions.
About Macquarie Asset Management
Macquarie Asset Management is a global asset manager, integrated across public and private markets. Trusted by institutions, governments, foundations and individuals to manage approximately £474.0 billion in assets, we provide a diverse range of investment solutions including real assets, real estate, credit and equities & multi-asset.
Macquarie Asset Management is part of Macquarie Group, a diversified financial group providing clients with asset management, finance, banking, advisory, and risk and capital solutions across debt, equity and commodities. Founded in 1969, Macquarie Group employs over 20,600 people in 34 markets and is listed on the Australian Securities Exchange.
All figures as at 30 September 2024.
Our company details
Registered office:
Sophia House, 28 Cathedral Rd, Pontcanna, Cardiff CF11 9LJ