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August 05, 2015 1:15 AM ET

Gas Utilities

Company Overview of Wales & West Utilities Limited

Company Overview

Wales & West Utilities Limited owns, operates, develops, and distributes gas to industrial, commercial, and domestic consumers in the United Kingdom. It also provides gas connection services, including domestic and third party connections; repair and replacement programs; and accounts payable, claims handling, non transportation billing, and transportation services. The company was founded in 2005 and is based in Newport, the United Kingdom.

Wales & West House

Spooner Close

Celtic Springs

Coedkernew

Newport,  NP10 8FZ

United Kingdom

Founded in 2005

Phone:

44 8701 650597

Fax:

44 8002 946645

Key Executives for Wales & West Utilities Limited

Chief Executive Officer
Age: 61
Director of Operations
Head of Transportation Services
Director of Human Resources
Finance Director
Compensation as of Fiscal Year 2015.

Wales & West Utilities Limited Key Developments

Wales & West Utilities Limited to Start Final Phase of GBP 1.65 Million Investment Scheme in New Gas Pipes in Bassaleg and Surrounding Areas

Wales & West Utilities Limited has announced that it will start the final phase of a GBP 1.65 million investment scheme in new gas pipes in Bassaleg and surrounding areas. The work, which will start on July 13, 2015, will bring a safe and reliable gas supply to the area for years to come. Following the completion of the first phase of this work - laying more than 6km of new gas pipe between Rhiwderin and Machen, in 2014, the second and final phase of work will include replacing approximately 5km of old metal gas pipes and 400 service connections across Bassaleg, Pentre-poeth and Rhiwderin. This essential work is part of the company's multi-million-pound 30-year mains replacement programme, across Wales and the south west of England, which began in 2002. Old metal pipes within 30 metres of buildings are being replaced with new long-lasting plastic pipes with a lifespan of more than 80 years. Wales & West Utilities has worked closely with the local highways department in planning the scheme. It is anticipated that all phases of work will be complete by Spring 2016. Stage one will involve laying 1km of new gas pipe on the junction of Court Crescent, Forge Lane, Forge Road, Vicarage Close and Caerphilly Road. This final phase of work will include replacing approximately 5km of old metal pipes and 400 service connections across the area.

Wales & West Utilities Limited Announces Consolidated Earnings Results for the Year Ended December 30, 2014

Wales & West Utilities Limited announced consolidated earnings results for the year ended December 30, 2014. For this period, turnover was £417.3 million against £406.3 million a year ago. Operating profit was £132.4 million against £128.3 million a year ago.

Wales & West Utilities Limited Reports Earnings Results for the Year Ended December 31, 2013

Wales & West Utilities Limited reported earnings results for the year ended December 31, 2013. For the period, the company’s turnover was £406.3 million compared to £277.0 million for the nine months ended December 31, 2012. Operating profit was £128.3 million compared to £39.5 million for the nine months ended December 31, 2012.

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