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Cash

£159M

-18.8% lowest in 3 filed years

Net assets

£162M

+8% highest in 3 filed years

Employees

Average over period

Profit before tax

£18M

+460.7% first positive since 2024

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £28,558,000£45,861,000£68,034,000 +48.3%
Operating profit £46,012,000£23,351,000£50,986,000 +118.3%
Profit before tax £36,334,000-£4,943,000£17,829,000 +460.7%
Net profit £25,746,000-£5,091,000£11,964,000 +335%
Cash £264,503,000£195,206,000£158,560,000 -18.8%
Total assets less current liabilities £1,176,251,000£1,171,177,000£1,090,166,000 -6.9%
Net assets £155,328,000£150,237,000£162,201,000 +8%
Equity £155,328,000£150,237,000£162,201,000 +8%
Average employees
Wages
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. 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 2023-12-312024-12-312025-12-31
Operating margin 161.1%50.9%74.9%
Net margin 90.2%-11.1%17.6%
Return on capital employed 3.9%2.0%4.7%
Current ratio 4.09x4.66x2.77x
Interest cover 2.04x0.63x1.31x

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
KPMG LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Directors have prepared the financial statements on a going concern basis which requires the Directors to have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future and is considered in more detail in note 1.2 of the accounts.”

Significant events

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

People

6 active · 8 resigned

Name Role Appointed Born Nationality
JOHNSON-FERGUSON, Charles Secretary 2024-08-01
CHIVERS, Andrew Noel Director 2017-09-19 Dec 1959 British
CLANCY, Hugh Patrick Director 2024-06-30 Mar 1964 British
DUNBAR, Graeme Kenneth Wilson Director 2019-01-22 Feb 1977 British
FLYNN, Nicholas Director 2021-01-21 Jun 1989 British
SWINDELL, Mark Roy Director 2017-05-04 Dec 1960 British
Show 8 resigned officers
Name Role Appointed Resigned
ENGLISH, Nicholas Stuart Secretary 2017-05-04 2018-08-01
SHEPHERD, Joanne Secretary 2018-08-01 2024-08-01
HELMSLEY, Dominic James Director 2017-06-13 2018-06-19
HOBSON, Daniel Frank Director 2017-06-13 2017-09-19
MCDONALD, Roger Director 2017-11-22 2024-06-30
RITTER, Nicolas Director 2018-06-19 2019-01-22
STRINGER, Arthur John Director 2017-05-04 2017-06-13
TARASIUK, Maciej Director 2017-06-13 2021-01-21

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Rock Rail South Western (Holdings) 2 Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2017-05-04 Active

Filing timeline

Last 20 of 144 total filings

Date Type Category Description
2026-05-31 AA accounts Accounts with accounts type full
2025-10-31 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-09-19 CH01 officers Change person director company with change date PDF
2025-09-19 CH01 officers Change person director company with change date PDF
2025-06-25 AA accounts Accounts with accounts type full
2024-11-12 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-11-12 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-11-12 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-11-12 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-11-01 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-08-27 AP03 officers Appoint person secretary company with name date PDF
2024-08-23 TM02 officers Termination secretary company with name termination date PDF
2024-07-02 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-07-02 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-07-02 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-07-02 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-07-02 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-07-02 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-07-02 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-07-02 MR01 mortgage Mortgage create with deed with charge number charge creation 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