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Cash

£4.1M

-72.7% vs 2023

Net assets

-£7.3M

-27% vs 2023

Employees

451

+7.4% highest in 5 filed years

Profit before tax

-£2.9M

-39.2% vs 2023

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

5-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31

Metric Trend 2019-12-312020-12-312022-12-312023-12-312024-12-31 Δ vs prior
Turnover £23,986,383£40,640,748£76,622,815£71,095,499£66,416,996 -6.6%
Operating profit -£3,579,234-£2,462,778-£2,253,783-£2,398,162-£2,838,572 -18.4%
Profit before tax -£3,660,546-£2,556,706-£2,312,704-£2,105,320-£2,930,644 -39.2%
Net profit -£3,234,444-£1,160,241-£1,646,471-£1,446,069-£3,101,421 -114.5%
Cash £4,116,786£9,377,522£39,007,969£15,186,170£4,144,913 -72.7%
Total assets less current liabilities £9,491,608£8,154,397£26,140,239£40,603,929-£1,252,829 -103.1%
Net assets -£8,119,398-£10,578,280-£3,905,345-£5,755,200-£7,307,173 -27%
Equity -£8,119,398-£10,578,280-£3,905,345-£5,755,200-£7,307,173 -27%
Average employees 170258406420451 +7.4%
Wages £11,364,430£17,351,364£23,288,966£24,145,397£25,004,254 +3.6%
Directors' remuneration £139,447£109,824£381,629£267,298£295,112 +10.4%

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 2019-12-312020-12-312022-12-312023-12-312024-12-31
Operating margin -14.9%-6.1%-2.9%-3.4%-4.3%
Net margin -13.5%-2.9%-2.1%-2.0%-4.7%
Return on capital employed -37.7%-30.2%-8.6%-5.9%
Current ratio 3.00x0.88x
Interest cover -16.69x-1.64x-3.65x

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 2 times since incorporation

  1. STADLER RAIL SERVICE UK LIMITED 2016-09-26 → present
  2. STADLER RAIL VALENCIA UK LIMITED 2016-02-26 → 2016-09-26
  3. SNRDCO 3221 LIMITED 2015-11-30 → 2016-02-26

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
James Cowper Kreston Audit LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Directors have received written confirmation that Stadler Service AG will continue to support the Company through the going concern assessment period to 31 July 2026.”

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

People

5 active · 13 resigned

Name Role Appointed Born Nationality
BAER, Daniel Adrian Director 2021-05-14 May 1980 Swiss
JARDINE, Iain Director 2021-10-01 Jun 1974 British
PATRICK, Paul Anthony Director 2022-06-01 Jul 1979 British
SCOTTER, Matthew Director 2025-06-16 Feb 1989 British
WIDMER, Raphael Herbert Niklaus Director 2018-09-19 Jul 1964 Swiss
Show 13 resigned officers
Name Role Appointed Resigned
DENTONS SECRETARIES LIMITED Corporate Secretary 2015-11-30 2020-01-07
AHLBURG, Thomas Christopher Director 2018-09-19 2020-06-30
BAXTER, Robert Andrew Director 2020-09-01 2022-03-11
CAMPOS, Inigo Domingo Parra Director 2016-02-26 2017-08-30
COX, Peter Charles Director 2015-11-30 2016-02-26
ESCRICHE, Jorge Carlos Gracia Director 2016-02-26 2017-08-30
GYGAX, Hans Jurg Director 2016-09-26 2021-05-31
SCHOCK, Urs Director 2016-09-26 2020-11-10
SCHOOT, Hein Van Der Director 2016-09-26 2021-01-02
WALTI, Jonas Director 2021-05-14 2023-03-16
WEIDMANN, Philipp Director 2021-05-14 2022-03-11
ZWEIFEL, Thomas Dominik Director 2017-08-30 2019-08-01
DENTONS DIRECTORS LIMITED Corporate Director 2015-11-30 2016-02-26

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Peter Christoph Spuhler Individual Shares 50–75%, Voting 50–75%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 60 total filings

Date Type Category Description
2026-01-02 RP01CS01 confirmation-statement Replacement filing of confirmation statement with made up date
2025-11-05 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-09-04 AA accounts Accounts with accounts type full
2025-08-08 ANNOTATION miscellaneous Legacy
2025-06-16 AP01 officers Appoint person director company with name date PDF
2024-12-02 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-09-27 AA accounts Accounts with accounts type full PDF
2023-12-01 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-10-11 AA accounts Accounts with accounts type full
2023-03-29 TM01 officers Termination director company with name termination date PDF
2023-01-04 AA accounts Accounts with accounts type full
2022-11-29 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-06-01 AP01 officers Appoint person director company with name date PDF
2022-03-23 TM01 officers Termination director company with name termination date PDF
2022-03-23 TM01 officers Termination director company with name termination date PDF
2021-12-22 AA accounts Accounts with accounts type full PDF
2021-12-10 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-10-13 AD01 address Change registered office address company with date old address new address PDF
2021-10-13 AP01 officers Appoint person director company with name date PDF
2021-06-03 TM01 officers Termination director company with name termination date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

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.

Official Companies House page