SEVERN VALLEY RAILWAY (HOLDINGS) PUBLIC LIMITED COMPANY

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Crowe U.K. LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have made an assessment of the ability of Severn Valley Railway (Holdings) plc to continue as a going concern and are satisfied that the company has adequate resources to continue to operate in foreseeable future, and continue to adopt the going concern basis in the preparation of the financial statements.”

Significant events

• “On 13 September 2024 the Railway faced charges under health and safety legislation following an investigation by the Office of Rail & Road (ORR) into a fall from height incident which occurred in February 2021 and the Railway pleaded guilty to two charges: Failure to discharge our duties under the Work at Height regulations 2005 - Regulations 4(1) and 6(1) Breach of the Health and Safety at Work Act 1974 Section 333(1) (C). The presiding judge fined SVR £40,000 and SVR was charged £48,000 in legal fees.”
• “The Survival Fund was revitalised in April 2024 and newly named as the Resilience Fund, headed up by Severn Valley Railway Company Ltd, and has contributed to income in the year.”
• “The Partnership & Collaboration Agreement with Network Rail has proved to be a successful initiative which continues to provide benefits to both organisations.”
• “Due to a technical breach of covenant at the year end the CBILS liability of £716,867 is disclosed as being due in less than one year. However, on 20 February 2025 a Reservation of Rights letter was received from HSBC which confirmed that no action was currently being taken as a result of the breach in covenant.”
• “A serious embankment failure occurred at Mor Brook on the Shropshire section of the line on 29 January 2025, resulting in the immediate closure of the line between Bridgnorth and Hampton Loade.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

20

last 12 months

Capital events

14

last 24 months

Officers appointed

2

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.