Save Water Save Money Ltd

Save Water Save Money Ltd is a small, active company based in London, UK, founded eighteen years ago in 2007. It employs fifteen people and holds assets of £1,738,729. The company operates from a virtual address, with one director and two owners reported. It’s a regular importer of iron or steel products, having imported for 45 months, with the latest import occurring in March 2025. Export activity is irregular, with just one month of exporting machinery and related parts recorded in 2019.

The company’s website, Save Water Save Money, doesn't appear to be an e-commerce site in the traditional sense. Instead, it functions as a portal directing visitors to GetWaterFit, a platform offering water-saving products and subsidies. The site promotes free products and discounts for water conservation, particularly through postcode verification. It’s clear the company acts as a facilitator, connecting consumers with water companies and offering incentives for water-efficient devices like toilets, showers, and taps. The website also features a contact form and details about the company's registration and VAT number.

Financially, Save Water Save Money Ltd has experienced some concerning trends. Current assets have decreased by 40% to £1,700,000, while net assets have also declined by 12% to £1,200,000. Bank borrowings have increased significantly, reaching £88,000, and cash reserves have fallen by 37% to £1,400,000. Creditors have also decreased by 79%, suggesting better management of short-term liabilities. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the drop in equity raises questions about its financial health. The company is exempt from an audit, so the figures are unaudited.

While the company’s core business seems to be facilitating water-saving initiatives, the financial data suggests it may be burning through cash. The increased borrowings and decreased cash reserves, alongside the drop in net assets, indicate a need for careful financial management. It’s possible the company is investing heavily in marketing or subsidies to drive adoption of its water-saving programs, but the long-term sustainability of this approach remains to be seen.

Registered in England/Wales under the registration number 06106360, with a registered address at WC1X 9LP, England, London, International House, 101 King's Cross Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.