Leep owns and operates electricity, water, wastewater and heat networks. Its current website describes a joint venture between Ancala and Peel Group, with an incomplete exact current equity split. [1][2][3][4]
Leep's current ownership description confirms the continuing Ancala/Peel partnership without exact percentages. Ofwat's June 2020 consultation records Peel's reduction to 50% in May 2017 and to 10% in March 2019. Those are historical snapshots; the original 50:50 formation is not shown as current and 10% is not treated as a freshly verified 2026 stake. The named holding company was formerly Peel Holdings (Utilities) Limited. Ancala's manager/fund investment is not a verified direct corporate balance-sheet percentage. Networks serving MediaCity, Battersea Power Station or other developments do not establish ownership of those developments, their landlords or tenants. Offices in Manchester and Reading do not identify one confirmed group headquarters. [1][2][3][4]
England and Wales · named holding company 06729159 [3]
Headquarters, incorporation and tax residence describe different things. A headquarters address does not tell you where all of a company’s tax is paid.
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Investors in Leep Utilities
Investor disclosures found
Selected investor disclosures have been found. Each names the held entity, basis and date; the complete investor register remains outside this review. A stake in a parent or operating company is shown against that entity. Dates refer to each disclosure and can differ from the profile review date. Evidence links are included with each record.
Held entity · Leep Holdings (Utilities) Limited · commercial utility-network group
Current Peel business / investment · exact economic stake not verified
Ownership evidence checked ·
Current group association or investment scope, rather than a verified direct wholly owned corporate stake. Specific parent companies, statutory bands and joint-venture relationships are explained in the company profile. Subsidiary and overlapping group-level links are not additional stakes to sum.
Companies House · England and Wales company 06729159; former Peel Holdings (Utilities) Limited; registered office does not establish group headquarters
Ofwat · June 2020, printed p9: Peel interest reduced from 100% to 50% in May 2017, then to 10% in March 2019; historical percentages, not a freshly verified current stake
Held entity · Leep Utilities · utility-network joint venture
Current joint-venture investment · exact stake not verified
Ownership evidence checked ·
Current company and manager descriptions confirm the partnership. Ofwat's 2019 dilution to 10% for Peel is historical; neither it nor the original 50:50 is a verified 2026 cap table. Ancala manager/fund exposure is not an exact corporate balance-sheet stake.
Companies House · England and Wales company 06729159; former Peel Holdings (Utilities) Limited; registered office does not establish group headquarters
Ofwat · June 2020, printed p9: Peel interest reduced from 100% to 50% in May 2017, then to 10% in March 2019; historical percentages, not a freshly verified current stake
Current utility-network business and named service families. Historic SSE Water acquisition and former Peel Utilities name are searchable aliases; neither establishes ownership of today's wider SSE group.
Brand research reviewed . Ownership and tax figures elsewhere on this page describe the group, not individual brands.
Ofwat recorded Peel's dilution to 10% in March 2019. A current exact percentage is not established by the reviewed sources. [4]
03 / The figures, with context
What does it report in UK tax?
UK cash corporation tax has not been verified for this profile. This does not mean no tax was paid.
United KingdomNot yet verified
UK corporation tax paid
Not yet verifiedCash payment
Leep Utilities · UK cash reporting scope not reconciled Annual reporting period not yet verified
This ownership investigation has not established a dated UK cash corporation-tax payment for this scope. Accounting charges, group relief, policy statements and investor holdings are separate evidence; a research gap does not mean no tax was paid. [1]
These figures have different scopes. They should not be added together or used as a like-for-like tax ranking.
Companies House · England and Wales company 06729159; former Peel Holdings (Utilities) Limited; registered office does not establish group headquarters
Ofwat · June 2020, printed p9: Peel interest reduced from 100% to 50% in May 2017, then to 10% in March 2019; historical percentages, not a freshly verified current stake