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Cash

£18k

-84% lowest in 3 filed years

Net assets

£3.2m

+5.9% highest in 3 filed years

Employees

Average over period

Profit before tax

£180k

+222.6% highest in 3 filed years

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Total income £103,204£94,330£332,559 +252.5%
Operating profit -£99,555-£100,386£190,906 +290.2%
Profit before tax -£138,076-£147,039£180,314 +222.6%
Net profit -£138,076-£147,039£180,314 +222.6%
Cash £375,190£114,536£18,324 -84%
Total assets less current liabilities £3,608,307£3,324,819£3,396,595 +2.2%
Net assets £3,211,441£3,064,402£3,244,716 +5.9%
Equity £3,211,441£3,064,402£3,244,716 +5.9%
Average employees
Wages
Directors' remuneration

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-312025-12-31
Operating margin -96.5%-106.4%57.4%
Net margin -133.8%-155.9%54.2%
Return on capital employed -2.8%-3.0%5.6%
Gearing (liabilities / total assets) 21.9%16.2%14.3%
Current ratio 1.04x0.48x1.02x
Interest cover -2.58x-2.15x17.41x

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.

Name history

Renamed 1 time since incorporation

  1. SOUTH DEVON RAILWAY TRUST 1991-04-12 → present
  2. DUMBLETON HALL LOCOMOTIVE LIMITED 1974-01-15 → 1991-04-12

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Peplows Audit Limited
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The financial statements have been prepared on a going concern basis as the Trustees believe that no material uncertainties exist. The Trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.”

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

People

6 active · 27 resigned

Name Role Appointed Born Nationality
COON, Vernon Paul Secretary 2017-09-06
CASH, Allan Richard Director 1997-09-20 Dec 1953 British
HOOPER, Graham Director 2018-09-30 May 1947 British
MORTON, Jonathan Keith Director 2010-07-16 May 1956 British
TAYLOR, Alan Lindsay Director 2023-01-14 Dec 1952 British
WALL, Michael Director 2026-02-25 Jun 1967 British
Show 27 resigned officers
Name Role Appointed Resigned
ELLIOTT, Richard James Secretary 2009-03-31
HASLAM, Charles John Secretary 2009-04-12 2017-08-10
ADDY, John Geoffrey Director 2016-09-30 2020-09-23
BELLAMY, Martin Director 1992-02-12
COCKS, Brian George Director 1997-09-20 2002-02-28
COGAR, John Barry Seymour Director 2015-11-20 2017-01-06
CROWNSHAW, John Langley Director 2010-11-19 2014-05-31
ELLIOTT, Richard James Director 2014-09-12 2026-02-11
ELSWORTH-WILSON, Ernest Gregory Director 2018-09-30 2021-09-01
GOODRIDGE, Edward Roy Director 2018-09-30 2019-07-26
KEOHANE, John Director 2010-07-16 2025-06-28
LEMAR, David Julian Director 2014-01-24 2017-10-10
LONG, David Eric Director 2002-04-26
PARRATT, Philip Stephen William Director 2010-07-16 2017-10-20
PEACOCK, Geoffrey Director 2002-04-26
PORTER, Barrie Norman Director 1993-10-02 1997-09-20
ROGERS, Derek Alan Joseph Director 1997-03-10 2004-05-15
SMITH, Neil William Percy Director 1997-09-20 2017-05-01
STOKES, Christopher John Director 2010-05-29
TAYLOR, Alan Lindsay Director 2015-12-31
THOMAS, Christine Director 2015-11-20 2018-09-30
TOLLEY, Barrie John Director 2010-11-19 2013-09-27
TREGLOWN, Peter Charles Director 2009-06-05 2025-11-30
WEBB, Michael David Director 1997-09-20 2009-11-08
WILLIAMS, Christopher Albert Director 2019-02-26 2026-01-30
WOODWARD, Denver Alfred Director 2002-04-26 2022-01-31
WRIGHT, William Alan Director 1997-09-20

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 175 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2024-02-06 RESOLUTIONS Resolution
  • 2024-02-05 CC04 Statement of companys objects
  • 2024-02-05 MA Memorandum articles
Date Type Category Description
2026-08-12 AA accounts Accounts with accounts type full
2026-07-06 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-03-06 AP01 officers Appoint person director company with name date PDF
2026-02-24 TM01 officers Termination director company with name termination date PDF
2026-02-04 TM01 officers Termination director company with name termination date PDF
2025-12-05 TM01 officers Termination director company with name termination date PDF
2025-08-07 AA accounts Accounts with accounts type full
2025-07-02 TM01 officers Termination director company with name termination date PDF
2025-06-24 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-11-11 AA accounts Accounts with accounts type full
2024-06-27 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-02-06 RESOLUTIONS resolution Resolution
2024-02-05 CC04 change-of-constitution Statement of companys objects
2024-02-05 MA incorporation Memorandum articles
2023-10-04 AA accounts Accounts with accounts type full
2023-06-30 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-01-27 AP01 officers Appoint person director company with name date PDF
2022-09-21 AA accounts Accounts with accounts type full
2022-07-27 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-02-10 TM01 officers Termination director company with name termination date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
6

last 12 months

Capital events
0

last 24 months

Officers appointed
1

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.

Official Companies House page