This company supplies drinking water to 1m households and treats waste water from twice that number across Sussex, Kent, Hampshire and the Isle of Wight. Last October, JP Morgan and the Australian fund Challenger led a consortium to buy the Worthing firm from Royal Bank of Scotland for a reported £1.3 billion. Sales reached £622m in the year to March 2008 under chief executive Les Dawson.

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Company details
CompanySouthern Water
ActivityWater services provider
LocationWest Sussex
Sales £m*622
Profit £m*426
Year endMar 08
Principal shareholdersJP Morgan (28%), Challenger Infrastructure Fund (23%), others (49%)

If applicable:

* Supplied by company † Annualised figure