VTG RAIL UK LTD

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

  +5.7%

  £54,307,944 → £57,395,673

• Cash

  +8.1%

  £4,284,711 → £4,633,309

• Net assets

  -2.8%

  £17,157,911 → £16,680,627

• Employees

  0%

  27 → 27

• Operating profit

  +7.1%

  £18,330,945 → £19,635,518

• Profit before tax

  -4.3%

  £10,273,616 → £9,832,374

• Wages

  +4.6%

  £1,369,744 → £1,432,832

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company is expected to remain profitable and generate cash from its operating activities, however the company remains dependent on the group for its financing. The company had loans expiring totaling £21,180,173 within 12 months of the balance sheet these loans have now been consolidated and prolonged now expiring 30 June 2026. As a result of this and ongoing financing for future investment in new wagons being required a letter of support has been provided by the ultimate parent company, VTG GmbH. The letter confirms that there will be continued provision of support for a period until the 31 October 2026, to meet the company's liabilities commitment to the extent that money is not otherwise available to the company. The Directors have then considered whether the parent company is able to provide support, and note that in 2024 the Group had expiring loans that were refinanced and as part of this underwent a rating process with S&P and was assigned a 'BBB' rating with a stable outlook.”

Group structure

1. VTG RAIL UK LTD · parent
   1. Nacco (U.K.) Limited 100% · U.K.

Significant events

• “There were 3 loans due for repayment in 2025 amounting to £21,180,173, with an average interest rate of 4.85%. These loans have now been consolidated into 1 new loan agreement, for £21,180,173 expiring 30 June 2026 and bears interest at 4.87%.”
• “Agreement has now been reached with the customer relating to the Petteril Bridge incident on 19 October 2022 and subsequent investigation by the Rail Accident Investigation Branch. A settlement agreement was signed for £800,000 on the 31 July 2025 to recompense VTG Rail UK Ltd for the 3 wagons beyond economical repair and other costs incurred.”

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

Filings

9

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.