MERSEYRAIL ELECTRICS 2002 LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +2.1%

  £224,158,000 → £228,777,000

• Cash

  +92.2%

  £27,258,000 → £52,381,000

• Net assets

  -19.8%

  £15,189,000 → £12,176,000

• Employees

  +1.5%

  1,182 → 1,200

• Operating profit

  -31.1%

  £41,924,000 → £28,894,000

• Profit before tax

  -29%

  £43,923,000 → £31,165,000

• Wages

  +5%

  £57,169,000 → £60,033,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. 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.

1. MERSEYRAIL ELECTRICS 2002 LIMITED 2002-04-08 → present
2. BROOMCO (2813) LIMITED 2002-01-21 → 2002-04-08

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“As such the directors have concluded that it is appropriate to continue to adopt the going concern basis in preparing these financial statements. In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”

Significant events

• “During FY 2025, the Group experienced passenger habits continuing to have a strong focus on leisure journeys compared to commuter journeys.”
• “FY25 seen a more stable year in terms of both operational and financial performance compared to the fluctuations seen in the previous 4 years.”
• “In FY25 Merseyrail transitioned to the 777 fleet, with all 50X units being retired from service.”
• “The Group was party to a dispute relating to the underpayment (to the Group) of Contract Payments under the concession Agreement, the second award relating to indexation was concluded during the year in September 2024 with the Arbitrator ruling in favour of Merseyrail.”
• “In 2024 we completed a project working with the kNOwKnifeCrime Campaign which was founded in honour of a victim of knife crime.”
• “On 16th December, 16,461 cases were nullified at a hearing at the Westminster Magistrates Court relating to s.5(1) RRA 1889 prosecutions undertaken by Merseyrail using the SJP process. As a result, a probable liability was created.”
• “In March 2025 the Court Service wrote to Merseyrail to confirm that their initial estimate of the liability is £1,238,705. This matter has been determined to be an adjusting post Balance Sheet event and has been reflected in the financial statements at the Balance Sheet date.”

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

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.