THE GREAT ROLLING STOCK COMPANY LIMITED
Get an alert when THE GREAT ROLLING STOCK COMPANY LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£1.7m
-91.9% lowest in 3 filed years
Net assets
£699m
+7.9% highest in 3 filed years
Employees
—
Average over period
Profit before tax
£178m
+169.9% highest in 3 filed years
Net assets
3-year trend · vs Industrials 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 | £192,153,000 | £203,686,000 | £204,243,000 | +0.3% | |
| Operating profit | £56,571,000 | £52,984,000 | £171,899,000 | +224.4% | |
| Profit before tax | £55,535,000 | £66,038,000 | £178,223,000 | +169.9% | |
| Net profit | £45,884,000 | £52,368,000 | £169,667,000 | +224% | |
| Cash | £7,106,000 | £21,212,000 | £1,718,000 | -91.9% | |
| Total assets less current liabilities | £3,033,204,000 | £3,405,480,000 | £3,293,139,000 | -3.3% | |
| Net assets | £538,170,000 | £647,658,000 | £698,570,000 | +7.9% | |
| Equity | £538,170,000 | £647,658,000 | £698,570,000 | +7.9% | |
| Average employees | 0 | 0 | — | — | |
| Wages | — | — | — | — | |
| Directors' remuneration | £0 | £0 | £160,000 | — | |
| Highest paid director | — | — | £268,000 | — |
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 | 29.4% | 26.0% | 84.2% | |
| Net margin | 23.9% | 25.7% | 83.1% | |
| Return on capital employed | 1.9% | 1.6% | 5.2% | |
| Gearing (liabilities / total assets) | 83.6% | 82.2% | 80.5% | |
| Current ratio | 1.05x | 1.20x | 1.50x | |
| Interest cover | 0.42x | 0.35x | — |
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 7 times since incorporation — the current trading name was adopted 2025-02-19
- THE GREAT ROLLING STOCK COMPANY LIMITED 2025-02-19 → present
- THE GREAT ROLLING STOCK COMPANY PLC 2019-07-24 → 2025-02-19
- THE GREAT ROLLING STOCK COMPANY LIMITED 2014-11-20 → 2019-07-24
- THE GREAT ROLLING STOCK COMPANY PLC 2011-07-14 → 2014-11-20
- THE GREAT ROLLING STOCK COMPANY LIMITED 2011-03-15 → 2011-07-14
- THE GREAT ROLLING STOCK COMPANY PLC 2010-12-23 → 2011-03-15
- THE GREAT ROLLING STOCK COMPANY LIMITED 1995-09-26 → 2010-12-23
- INTERCEDE 1140 LIMITED 1995-08-01 → 1995-09-26
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“These financial statements are prepared on a going concern basis. The Company continues to comply with the requirements of the Group's debt covenants, with performance underpinned by positive cash flows from the Company's operations despite a net current liabilities position. The Directors having made appropriate enquiries, have a reasonable expectation the Company has adequate resources to continue in operational existence for the foreseeable future. The directors have received confirmation that there is no intention to redeem the intercompany loan balances in full within one year from the date of the financial statements are signed.”
Group structure
- THE GREAT ROLLING STOCK COMPANY LIMITED · parent
- Angel Leasing Company Limited 100%
Significant events
- “The Company re-registered as a Private Limited Company under the Companies Act with Companies House on the 19th February 2025.”
- “During the year, the Company took the opportunity to partly refinance it's interest rate swap portfolio. This involved amending a number of in-the-money interest rate swaps and re-striking the pay fixed rate leg to prevailing market rates.”
- “Assets identified for disposal in 2025 were dismantled by approved waste management contractors where around 95% of the waste generated had been recycled. The Group has also been able to dispose of vehicle assets through sale to other rail organisations abroad.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 21 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GARCIA, Claire | Secretary | 2023-01-17 | — | — |
| BROWN, Malcolm | Director | 2020-07-13 | Mar 1967 | British |
| JORDAN, David Michael | Director | 2018-08-01 | Mar 1973 | British |
| LOWE, Alan Edward | Director | 2012-05-29 | Jan 1968 | British |
| PROSSER, Matthew James | Director | 2019-07-23 | May 1972 | British |
Show 21 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HOLAS, Nesha | Secretary | 2017-09-25 | 2022-06-21 |
| LOWE, Alan | Secretary | 2022-06-21 | 2023-01-17 |
| LOWE, Alan | Secretary | 2016-10-18 | 2017-09-25 |
| ODDY, Louise Margaret | Secretary | 1997-12-18 | 2009-06-23 |
| SMITH, Claire | Secretary | 2009-06-23 | 2016-10-18 |
| MITRE SECRETARIES LIMITED | Corporate Nominee Secretary | 1995-08-01 | 1997-12-18 |
| ABBOTT, Haydn Turner | Director | 2001-08-21 | 2008-08-05 |
| BROWN, Malcolm | Director | 2009-08-03 | 2018-07-30 |
| DUGHER, Tim Richard | Director | 2009-08-03 | 2011-03-31 |
| HANDS, Guy | Director | 1995-09-26 | 1997-12-18 |
| HICKS, Mark Andrew | Director | 2011-03-31 | 2019-07-23 |
| HOUSTON, Iain Arthur | Director | 1997-12-18 | 2001-08-21 |
| LYNN, George | Director | 2001-08-21 | 2012-07-04 |
| NASH, Jeffrey Frederick | Director | 1996-10-25 | 1996-12-17 |
| O'RIORDAN, Philip Joseph | Director | 1996-10-25 | 1997-10-24 |
| ODDY, Louise Margaret | Director | 2001-08-21 | 2009-06-25 |
| REEVES, Barbara | Nominee Director | 1995-08-01 | 1995-09-26 |
| SWEETMAN, Jonathan Michael | Director | 1997-12-18 | 2001-08-21 |
| TRIBLEY, Kevin George | Director | 2009-06-23 | 2020-09-01 |
| VERRION, Robert Edward | Director | 2008-08-05 | 2009-08-04 |
| WINDMILL, Robert John | Director | 1995-08-01 | 1995-09-26 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Amalfi Co 8 Ltd | Corporate entity | Shares 25–50%, Voting 25–50% | 2021-09-17 | Ceased 2024-05-30 |
| Angel Trains Group Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Ceased 2021-02-18 |
Filing timeline
Last 20 of 202 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-02-19 RESOLUTIONS Resolution
- 2025-02-19 RR02 Reregistration public to private company
- 2025-02-19 CERT10 Certificate re registration public limited company to private
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-18 | AA | accounts | Accounts with accounts type full | |
| 2026-08-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-08-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-06-12 | AA | accounts | Accounts with accounts type full | |
| 2025-02-19 | RESOLUTIONS | resolution | Resolution | |
| 2025-02-19 | MAR | incorporation | Re registration memorandum articles | |
| 2025-02-19 | RR02 | change-of-name | Reregistration public to private company | |
| 2025-02-19 | CERT10 | change-of-name | Certificate re registration public limited company to private | |
| 2024-08-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-18 | AA | accounts | Accounts with accounts type full | |
| 2024-05-30 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2024-05-30 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-03-19 | CH01 | officers | Change person director company with change date | |
| 2024-03-19 | CH01 | officers | Change person director company with change date | |
| 2024-03-19 | CH01 | officers | Change person director company with change date | |
| 2023-08-23 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-08-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-22 | AA | accounts | Accounts with accounts type full | |
| 2023-03-27 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-03-27 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.