RAILPEN LIMITED
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Cash
£25M
-5.1% vs 2024
Net assets
£26M
+25.9% highest in 3 filed years
Employees
765
+0.3% vs 2024
Profit before tax
£3.9M
+495.7% highest in 3 filed years
Net assets
3-year trend · vs Financials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £133,478,000 | £148,061,000 | £165,137,000 | +11.5% | |
| Operating profit | £9,810,000 | £3,160,000 | -£6,343,000 | -300.7% | |
| Profit before tax | -£1,505,000 | -£991,000 | £3,921,000 | +495.7% | |
| Net profit | -£1,621,000 | -£879,000 | £3,875,000 | +540.8% | |
| Cash | £16,726,000 | £25,873,000 | £24,548,000 | -5.1% | |
| Total assets less current liabilities | £44,695,000 | £40,561,000 | £50,448,000 | +24.4% | |
| Net assets | £20,065,000 | £20,467,000 | £25,759,000 | +25.9% | |
| Equity | £20,065,000 | £20,467,000 | £25,759,000 | +25.9% | |
| Average employees | 699 | 763 | 765 | +0.3% | |
| Wages | £57,498,000 | £67,203,000 | £75,617,000 | +12.5% | |
| Directors' remuneration | £1,064,000 | £1,625,000 | £1,411,000 | -13.2% |
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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 7.3% | 2.1% | -3.8% | |
| Net margin | -1.2% | -0.6% | 2.3% | |
| Return on capital employed | 21.9% | 7.8% | -12.6% | |
| Gearing (liabilities / total assets) | 77.6% | 78.1% | 75.6% | |
| Current ratio | 1.31x | 1.48x | 1.41x | |
| Interest cover | — | 6.90x | -13.05x |
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 5 times since incorporation
- RAILPEN LIMITED 2021-09-24 → present
- RPMI LIMITED 2007-08-01 → 2021-09-24
- RAILWAY PENSIONS MANAGEMENT LIMITED 1993-12-01 → 2007-08-01
- PENSIONS MANAGEMENT LIMITED 1993-06-21 → 1993-12-01
- B.R. LIGHT RAILWAYS LIMITED 1989-06-07 → 1993-06-21
- GOLD STAR HOLIDAYS LIMITED 1988-11-10 → 1989-06-07
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors are confident that the Company will have sufficient funds to continue to meet its liabilities as they fall due for at least twelve months from the date of approval of these financial statements, and therefore have prepared the financial statements on a going concern basis.”
Group structure
- RAILPEN LIMITED · parent
- Railpen Corporate Director Limited 100%
- Railpen Corporate Secretary Limited 100%
- Electricity Pensions Administration Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
11 active · 43 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| RAILPEN CORPORATE SECRETARY LIMITED | Corporate Secretary | 2022-05-26 | — | — |
| AMIES-KING, Susan Anne | Director | 2024-07-03 | Jul 1963 | British |
| BORD, Andrew | Director | 2024-10-07 | May 1970 | British |
| BURNS, Alison Sarah | Director | 2020-11-01 | Sep 1963 | British |
| CASH, Michael Joseph | Director | 2023-09-14 | Feb 1960 | British |
| CRASTON, Michael David Thomas | Director | 2021-07-01 | Oct 1958 | British |
| HASSAN, Fatima | Director | 2024-01-01 | Aug 1985 | British |
| MURRAY, Richard Andrew | Director | 2022-09-15 | Jun 1973 | British |
| RANSON, Nicholas John | Director | 2025-03-03 | Mar 1978 | British |
| SODEINDE, Olubusola | Director | 2024-09-11 | Sep 1977 | British |
| TOWSE, Gary Thomas | Director | 2021-07-01 | May 1952 | British |
Show 43 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BUDDIN, Susan | Secretary | 1993-11-23 | 1994-04-15 |
| FAIRCLOUGH, Susan | Secretary | 2008-02-05 | 2012-05-03 |
| GOODCHILD, Jenifer Anne | Secretary | 2013-10-10 | 2014-05-08 |
| MADDISON, David | Secretary | 1994-04-15 | 2008-02-05 |
| SUNNER, Lisa Melanie | Secretary | 2014-05-08 | 2022-05-26 |
| TWOMEY, Thomas Michael | Secretary | — | 1993-11-23 |
| WARNER, Veronica | Secretary | 2012-05-03 | 2013-08-31 |
| ADAMS, David Harry | Director | 1993-11-23 | 1997-04-05 |
| ADEANE, Susan | Director | 1994-04-15 | 2009-08-04 |
| BLACKETT, Stuart | Director | 2019-09-04 | 2024-01-08 |
| BRANAGH, Robert John | Director | 2009-10-06 | 2013-04-13 |
| CHILMAN, John David | Director | 2019-06-10 | 2024-10-07 |
| CHILMAN, John David | Director | 2009-08-05 | 2014-06-01 |
| CRIPPS, Julian Christopher | Director | 2017-01-01 | 2019-06-30 |
| DOHERTY, Gerard | Director | 2020-08-01 | 2023-08-01 |
| GOLDSON, Charles Richard Browne | Director | 2009-08-05 | 2015-12-31 |
| GOTT, David Edward | Director | 2017-08-04 | 2020-08-04 |
| GOY, Michael | Director | 1993-11-23 | 2008-10-07 |
| GRAY, Malcolm James | Director | 1993-11-23 | 2004-10-01 |
| HAMILTON, John Connor | Director | 2014-06-01 | 2016-12-31 |
| HANNON, Christopher Thomas | Director | 2016-01-01 | 2021-01-01 |
| HITCHEN, Christopher John | Director | 2002-09-10 | 2017-12-31 |
| HOLDEN, Peter James, Mr. | Director | 2020-08-01 | 2021-07-01 |
| HORTON, John Anthony | Director | — | 1993-11-23 |
| JOHNSON, Cyril Francis | Director | 2004-10-01 | 2015-07-03 |
| JONES, Richard Edward | Director | 2017-01-01 | 2023-12-31 |
| KAIRIS, Stephen Charles | Director | 2004-07-20 | 2009-04-17 |
| KERNOGHAN, Christine Susan | Director | 2021-01-01 | 2022-07-06 |
| MADDISON, David | Director | 1997-02-10 | 2019-06-30 |
| MCKINNELL, James Alexander | Director | 1994-10-01 | 2003-05-17 |
| MURRAY, Peter Anthony | Director | 1997-05-13 | 2004-05-19 |
| OSTERMANN, Michelle Anne | Director | 2019-09-04 | 2021-01-01 |
| PORTER, Ralph Anthony | Nominee Director | — | 1993-11-23 |
| RAMAMURTHY, Chandrasekhar | Director | 2014-03-13 | 2021-07-01 |
| REVILLE, Brendan Dominick | Director | 2005-06-13 | 2008-02-12 |
| RICHARDS, Simon Paul | Director | 2015-07-01 | 2016-12-31 |
| STURGESS, Paul Andrew | Director | 2018-01-01 | 2021-07-01 |
| SULLIVAN, Maura | Director | 2024-03-14 | 2024-07-31 |
| SULLIVAN, Maura | Director | 2022-04-01 | 2023-12-31 |
| TEASDALE, David Matthew | Director | 2012-06-13 | 2015-04-30 |
| TOWSE, Gary Thomas | Director | 2009-08-05 | 2020-06-01 |
| TYSON, David | Director | 2009-08-05 | 2017-08-04 |
| WILLCOCK, Philip Craig | Director | 2018-02-01 | 2019-02-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Railways Pension Trustee Company Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 245 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-27 | AA | accounts | Accounts with accounts type full | |
| 2026-06-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-06 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-08-05 | CH01 | officers | Change person director company with change date | |
| 2025-08-04 | CH01 | officers | Change person director company with change date | |
| 2025-08-04 | CH04 | officers | Change corporate secretary company with change date | |
| 2025-08-04 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-08-04 | CH01 | officers | Change person director company with change date | |
| 2025-06-19 | AA | accounts | Accounts with accounts type full | |
| 2025-05-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-30 | CH01 | officers | Change person director company with change date | |
| 2025-03-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-07 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-07 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-11 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-15 | AA | accounts | Accounts with accounts type full | |
| 2024-07-10 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-18 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.