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Cash

£236K

-26.4% lowest in 3 filed years

Net assets

£112K

-48.4% lowest in 3 filed years

Employees

48

+29.7% highest in 3 filed years

Profit before tax

-£173K

+68.6% vs 2024

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31

Metric Trend 2023-03-312024-03-312025-03-31 Δ vs prior
Turnover £3,017,419£3,173,285£3,261,825 +2.8%
Operating profit -£552,790-£172,312 +68.8%
Profit before tax -£551,019-£172,991 +68.6%
Net profit £37,531-£60,211-£105,050 -74.5%
Cash £347,157£320,856£236,042 -26.4%
Total assets less current liabilities £503,413£543,184£382,961 -29.5%
Net assets £277,237£217,026£111,976 -48.4%
Equity £277,237£217,026£111,976 -48.4%
Average employees 403748 +29.7%
Wages £690,592£879,761£963,010 +9.5%
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 2023-03-312024-03-312025-03-31
Operating margin -17.4%-5.3%
Net margin 1.2%-1.9%-3.2%
Return on capital employed -101.8%-45.0%
Gearing (liabilities / total assets) 85.3%91.2%
Current ratio 1.04x0.78x0.66x

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 4 times since incorporation

  1. VINTAGE TRAINS CHARITABLE TRUST 2017-11-13 → present
  2. VINTAGE TRAINS 2012-02-07 → 2017-11-13
  3. VINTAGE TRAINS LIMITED 2012-01-17 → 2012-02-07
  4. BIRMINGHAM RAILWAY MUSEUM TRUST 1997-11-03 → 2012-01-17
  5. BIRMINGHAM RAILWAY MUSEUM TRUST LIMITED 1993-08-27 → 1997-11-03

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Consolidated group
Abridged
Yes — abridged accounts (limited disclosure)
Auditor
Mark J Rees LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors' use of the going concern basis of accounting is appropriate. No material uncertainties were identified that, individually or collectively, may cast significant doubt on the group's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

  1. VINTAGE TRAINS CHARITABLE TRUST · parent
    1. Tyseley Locomotive Works Limited 100% · General and mechanical engineering and hire of locomotives and rolling stock
    2. Birmingham Railway Museum Limited 100% · Agent for mainline charters (currently dormant)
    3. Metropolitan Railway Carriage & Wagon Company Limited 100% · Dormant Company
    4. Great Western Vintage Trains Limited 100% · Dormant Company
    5. The Blue Pullman Limited 100% · Dormant Company
    6. Vintage Trains CBS · Community benefit society to raise funds for the set up and maintenance of a mainline railway company
    7. Vintage Trains Limited 100% · Operation of express steam and heritage diesel trains

Significant events

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

People

10 active · 24 resigned

Name Role Appointed Born Nationality
MOULDER, Gary John Secretary 2025-06-05
CADGE, Richard John Director 2021-10-27 Oct 1962 British
DILMORE, Rebecca Director 2025-06-05 Jul 1979 British
GASKELL, Mark Anthony Director 2024-08-19 Jun 1963 British
MICHEL, Victor Eric Director 2003-10-13 Dec 1945 British
MINARDS, John Edwin Beaton Director 2024-03-07 Dec 1962 British
NDLOVU, Sipho Eric Director 2023-12-21 Oct 1994 British
THORNE, Richard Graham Director 2021-01-28 Dec 1947 British
WHITEHOUSE, Christopher Michael Director 1993-08-27 Oct 1952 British
WHITEHOUSE, Stuart James Director 2024-11-07 Nov 1992 British
Show 24 resigned officers
Name Role Appointed Resigned
COOMBES, Robin Secretary 2018-06-01 2021-07-21
KIRKMAN, Ivor James Sellers Secretary 2008-07-02 2018-05-16
ROBINSON, Jeffrey Oswald Secretary 1993-08-27 1995-02-07
STURGEON, Philip Gordon Secretary 2021-07-21 2023-09-12
WRIGHT, Bernard Robert Secretary 1995-02-09 2008-07-02
ADAMS, Richard Arthur Director 1993-08-27 1995-02-09
BERTRAM, Ian Joseph Director 2022-03-16 2024-04-12
DAY, Philip Julian Director 1995-02-09 2000-01-27
EZEKWESILI, Audrey Director 2021-05-06 2021-10-01
GILBERT, Michael George Director 2021-10-11 2024-03-07
GILBERT, Michael George Director 1999-09-13 2021-10-11
HALL PATCH, Anthony Director 1995-02-09 2002-10-13
HUNT, William Thomas Director 1995-02-09 2010-12-07
KEAY, David William Director 2017-08-10 2024-08-19
LAMBERT, Anthony John Director 2002-01-08 2018-06-01
MEANLEY, Robert Director 1995-02-09 1998-10-06
MOORE, David Jolyon Director 2002-01-08 2009-04-10
NAIRNE, Arabella Director 2021-05-06 2021-12-02
NORRIS, Andrew Director 1999-09-13 2004-08-18
POYNTZ, John, Major Director 2006-12-08 2012-04-03
SHOOTER, Adrian Director 2004-05-04 2020-01-15
THOMAS, Anthony Director 1993-08-27 1995-02-09
THORNE, Richard Graham Director 1995-11-30 2010-12-07
WRIGHT, Bernard Robert Director 1996-02-21 1998-10-06

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Christopher Michael Whitehouse Individual Significant influence 2016-04-06 Active

Filing timeline

Last 20 of 137 total filings

Date Type Category Description
2026-05-29 AA accounts Accounts with accounts type group
2026-05-15 AP01 officers Appoint person director company with name date PDF
2025-08-04 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-07-25 AA accounts Accounts with accounts type group
2025-06-30 AP03 officers Appoint person secretary company with name date PDF
2025-06-23 AAMD accounts Accounts amended with accounts type group
2024-12-16 AP01 officers Appoint person director company with name date PDF
2024-09-18 AP01 officers Appoint person director company with name date PDF
2024-09-18 TM01 officers Termination director company with name termination date PDF
2024-09-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-09-16 AP01 officers Appoint person director company with name date PDF
2024-09-13 AP01 officers Appoint person director company with name date PDF
2024-09-04 TM01 officers Termination director company with name termination date PDF
2024-09-04 TM01 officers Termination director company with name termination date PDF
2024-09-04 TM02 officers Termination secretary company with name termination date PDF
2023-12-28 AA accounts Accounts with accounts type group
2023-07-20 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-12-21 AA accounts Accounts with accounts type group
2022-07-22 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-03-16 AP01 officers Appoint person director company with name date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
4

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

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

Official Companies House page