Annual Report and Financial Statements 2021

Annual Report and Financial Statements 2021

hero

Rising to
the challenge

Annual Report and
Financial Statements 2021

With the support of our customers, our people, our suppliers and our investors we have turned a challenging time into a year that we’re proud of. As key workers, we have continued treating and distributing millions of litres of water 24/7 to homes, schools, hospitals and businesses – a vital part of fighting COVID-19. Our intent was simple – no one needed to worry about their water supply and we worked tirelessly to make sure this was always the case.

About us

  • Who we are

    We are a local water supplier providing an essential public service while playing an active role in the communities we are privileged to serve

  • What we do

    We supply around 160 million litres of clean water every day
    to more than

    people

  • in parts of Surrey, Kent, West Sussex, and south London

  • Why we do it

    To be an outstanding water company that delivers service excellence

  • Our business
    in numbers

    Employees

  • %

    Customers with
    a water meter

  • %

    of the water we supply comes from our reservoir

    %

    of the water we supply comes from underground sources

  • million

    Litres of water supplied every day

  • %

    Percentage of our pipe network that is ‘smart’

  • Water treatment works

The value we share

The average household in our supply area spends just over 50p a day on their water supply.

RolloverClick the chart to find out where it goes:

Financing
Employees
Energy and other costs
Tax, rates and licences
Investment
Financing

This cost includes paying interest on the money we borrow through overdrafts and loans to improve the service we provide

6p

Financing

Employees

Paying our people and investing in the development of our workforce is a significant cost

8p

Employees

Energy and other costs

Pumping, treating and distributing water is a complex process that also uses a lot of energy, particularly as 85% of the water we supply comes from deep under the ground

15p

Energy and other costs

Tax, rates and licences

As well as corporation tax, we also contribute to public finances through business rates and national insurance, as well as paying environmental taxes and other duties such as water abstraction charges

4p

Tax, rates and licences

Investment

We have a strong track record in making the right investment decisions for the long-term which means our customers today benefit from a more robust service

17p

Investment

Q&A

with Ian Cain, CEO

Ian joined SES Water in February 2020 and in this podcast we hear from him.

Our performance this year

  • pledge

    Pledge 1

    We will provide you with high quality water all day, every day

  • pledge

    Pledge 2

    We will provide your service at a fair price
    and offer help when
    you need it

  • pledge

    Pledge 3

    We will provide you with a service that is fit now and for the future

  • pledge

    Pleadge 4

    We will provide excellent
    service, whenever and however you need it

  • pledge

    Pledge 5

    We will support a thriving environment we can all rely upon

pledge

Pledge 1

We will provide you with high quality water all day, every day

Our pledge in action

Nothing is more important to us than striving to keep our customers supplied with safe, clean water, especially during a global pandemic.

Our measures

Water quality – DWI
Compliance Risk Index (CRI)
score

  • 2020 performance

    >2

  • target/target limit

    0.00

The Compliance Risk Index for SES Water will be published in the Drinking Water Inspectorate’s Chief Inspector’s Report – Drinking Water 2020 - which is due to be published in July 2021.

Supply interruptions
hours / minutes / seconds / property / year

  • 2020/21 performance

    00:06:56

  • target/target limit

    00:06:30

Mains repairs
number/1,000 kilometres

  • 2020/21 performance

    64.7

  • target/target limit

    66.5

Taste, odour and
discolouration contacts
number per 1000 customers

  • 2020 performance

    0.56

  • target/target limit

    0.51

Water softening
number of periods exceeding calcium target

  • 2020 performance

    6.3

  • target/target limit

    0.0

Working in the public interest

Doing more for our communities

A spotlight on...

Inspiring everyone to value our most precious resource

Last year we opened ‘Flow Zone’, our brand new, state-of-the-art education centre at Bough Beech Reservoir and Water Treatment Works, near Edenbridge in Kent.

A sensory experience involving light and sound, the new centre provides a number of interactive activities and experiences for students and adults to immerse themselves in learning about the water cycle, water usage and the importance of saving water.

The centre is a key part of our community engagement, and will allow us to continue inspiring future generations with our established education programme, which has been running for more than 20 years.

While the pandemic meant we were not able to host visits for most of the last year, we are very pleased to now be welcoming back groups to the centre, and seeing the success of such an important investment.