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Next accounts due

2026-06-30 (in 1mo)

Last filed for 2024-12-31

Confirmation statement due

2026-07-23 (in 2mo)

Last made up 2025-07-09

Watchouts

None on the register

Cash

£116K

+58% highest in 3 filed years

Net assets

£1M

+14% highest in 4 filed years

Employees

14

-6.7% vs 2023

Profit before tax

£12K

+1.6% vs 2023

Accounts

6-year trend · latest reflected 2024-12-31

Metric Trend 2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31
Turnover £569,935£811,203
Operating profit £32,416£39,676
Profit before tax £12,264£12,460
Net profit £8,290£8,009
Cash £12,500£73,379£115,905
Total assets less current liabilities £1,791,714£1,761,085
Net assets £12,500£12,500£1,310,073£1,494,082
Equity £12,500£12,500£12,500£1,088,473£1,310,073£1,494,082
Average employees 1514
Wages £263,391£408,245
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. About these numbers

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31
Operating margin 5.7%4.9%
Net margin 1.5%1.0%
Return on capital employed 1.8%2.3%
Current ratio 0.48x0.48x
Interest cover 0.98x1.39x

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.

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Fawley Judge & Easton
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“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. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company'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.”

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

People

8 active · 2 resigned

Name Role Appointed Born Nationality
GRIFFITHS, Jonathan Charles Secretary 2024-11-11
AUGER, Richard Barry Director 2024-05-15 Oct 1946 British
COWLING, Ian Peter Director 2015-07-09 Jul 1950 British
GRIFFITHS, Jonathan Charles Director 2024-05-15 May 1954 British
GRIMOLDBY, Michael John Director 2023-11-07 Jan 1953 British
MILES, Peter Director 2015-07-09 Aug 1950 British
PEARCE, Michael George Director 2023-11-07 Jul 1953 British
SMITH, Malcolm David Director 2023-11-08 Oct 1955 British
Show 2 resigned officers
Name Role Appointed Resigned
COWLING, Ian Peter Secretary 2015-07-09 2024-11-11
PAIN, Jonathan Hugh Director 2023-11-07 2025-09-20

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
The Lynton And Barnstaple Railway Trust Corporate entity Shares 75–100% 2016-04-06 Active

Filing timeline

Last 20 of 45 total filings

Date Type Category Description
2026-03-12 SH01 capital Capital allotment shares PDF
2026-03-02 AD03 address Move registers to sail company with new address PDF
2026-03-01 AD02 address Change sail address company with new address PDF
2025-09-20 TM01 officers Termination director company with name termination date PDF
2025-08-18 CS01 confirmation-statement Confirmation statement with updates
2025-06-17 AA accounts Accounts with accounts type full PDF
2025-04-21 SH01 capital Capital allotment shares PDF
2025-03-20 SH01 capital Capital allotment shares PDF
2025-03-07 SH01 capital Capital allotment shares PDF
2024-11-18 TM02 officers Termination secretary company with name termination date PDF
2024-11-15 AP03 officers Appoint person secretary company with name date PDF
2024-11-15 CH01 officers Change person director company with change date PDF
2024-08-08 CS01 confirmation-statement Confirmation statement with updates
2024-06-26 AA accounts Accounts with accounts type full PDF
2024-05-28 AP01 officers Appoint person director company with name date PDF
2024-05-28 AP01 officers Appoint person director company with name date PDF
2024-04-26 SH01 capital Capital allotment shares PDF
2024-04-26 RP04SH01 capital Second filing capital allotment shares PDF
2024-02-19 SH01 capital Capital allotment shares
2023-11-27 CH01 officers Change person director company with change date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
6

last 12 months

Capital events
4

last 24 months

Officers appointed
0

last 12 months

Officers resigned
1

last 12 months

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

Official Companies House page