TRANSPORT UK EAST MIDLANDS LIMITED

• ⚠

  Material uncertainty over going concern

  the directors consider the existence of a break clause in the NRC during the going concern assessment period as well as the passing of the Passenger Railways Services (Public Ownership) bill in November 2024, leads to a material uncertainty as to whether and when the Company will receive notice for its return to public ownership, which will curtail the trading activities of the Company These events or conditions represent a material uncertainty that may cast significant doubt upon the Company s ability to continue as a going concern from the core term date expiry date of 18 October 2026

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

  +16%

  £500,071,000 → £579,989,000

• Cash

  +0.7%

  £22,296,000 → £22,458,000

• Net assets

  +23.9%

  -£8,225,000 → -£6,261,000

• Employees

  +3%

  2,440 → 2,513

• Operating profit

  +3.3%

  £11,566,000 → £11,947,000

• Profit before tax

  -18.9%

  £9,699,000 → £7,865,000

• Wages

  +18.4%

  £120,760,000 → £143,006,000

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. TRANSPORT UK EAST MIDLANDS LIMITED 2024-04-03 → present
2. ABELLIO EAST MIDLANDS LIMITED 2016-12-29 → 2024-04-03
3. ABELLIO SOUTH WESTERN LIMITED 2015-11-06 → 2016-12-29

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“the directors consider the existence of a break clause in the NRC during the going concern assessment period as well as the passing of the Passenger Railways Services (Public Ownership) bill in November 2024, leads to a material uncertainty as to whether and when the Company will receive notice for its return to public ownership, which will curtail the trading activities of the Company These events or conditions represent a material uncertainty that may cast significant doubt upon the Company s ability to continue as a going concern from the core term date expiry date of 18 October 2026”

Significant events

• “Following the change in UK Government in the year and subsequent announced intentions to bring railways back under public ownership on 28 November 2024 the Passenger Railway Services (Public Ownership) Act 2024 received Royal Assent No announcement has been made from the UK Government of the date it intends for the NRC to expire The earliest expiry date remains unchanged being 18 October 2026”

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

Filings

2

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.