Company type | Private company limited by guarantee |
---|---|
Industry | Utility |
Founded | 1829 |
Headquarters | Youlgreave, Derbyshire, England |
Youlgrave Waterworks is a small water supply company in the village of Youlgreave (also spelt Youlgrave), Derbyshire. Established by a public subscription in 1829 the Waterworks provided a single conduit head outlet for the village. It was expanded by a second subscription in 1869 which added more public taps and private connections. The company now supplies around 500 homes and businesses in the village.
It is unusual in being a private water supply company in an industry dominated by statutory undertakers. Because of this Youlgrave Waterworks is not regulated by Ofwat but by the environmental health arm of the local authority. The company narrowly escaped closure in 2002 when its insurer refused to renew its cover.