EAST WEST RAILWAY COMPANY LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-11-19 (in 6mo)
Last made up 2025-11-05
Watchouts
None on the register
Cash
£4M
-50.6% vs 2024
Net assets
-£12M
-843% vs 2024
Employees
236
-0.4% vs 2024
Profit before tax
—
Period ending 2025-03-31
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | — | — | |
| Profit before tax | — | — | |
| Net profit | -£97,172,000 | -£126,597,000 | |
| Cash | £8,474,000 | £4,186,000 | |
| Total assets less current liabilities | £1,123,000 | -£7,866,000 | |
| Net assets | -£1,257,000 | -£11,854,000 | |
| Equity | -£1,257,000 | -£11,854,000 | |
| Average employees | 237 | 236 | |
| Wages | £20,669,000 | £17,258,000 | |
| Directors' remuneration | £762,887 | £478,906 |
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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
—
Not reported
-
Cash
-50.6%
£8,474,000 £4,186,000
-
Net assets
-843%
-£1,257,000 -£11,854,000
-
Employees
-0.4%
237 236
-
Wages
-16.5%
£20,669,000 £17,258,000
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Gearing (liabilities / total assets) | 107.3% | 178.3% | |
| Current ratio | 0.62x | 0.32x |
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
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- National Audit Office
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Consequently, it is considered appropriate to adopt a Going Concern basis for the preparation of these financial statements.”
Significant events
- “DfT authorised the recruitment of a permanent CEO (David Hughes) who started in June 2024.”
- “DfT approved a large organisational restructure, which took place between November 2024 and January 2025.”
- “Two of the vacancies which were created following the restructure were at the Executive level. DfT and HMT approval was secured for their recruitment.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
12 active · 17 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CLEAR, Jonathan | Secretary | 2026-01-27 | — | — |
| BALDOCK, Anne Elizabeth, Ms. | Director | 2019-02-26 | Jul 1959 | British |
| BOTWOOD, Caroline | Director | 2023-09-18 | Oct 1965 | British |
| CLEAR, Jonathan | Director | 2026-01-27 | Oct 1981 | British |
| COMAN, Isabel Charlotte | Director | 2026-04-01 | Jun 1973 | British |
| GALLAGHER, William Edmund | Director | 2023-07-18 | Nov 1981 | British |
| HUGHES, David Emrys | Director | 2024-06-03 | Aug 1970 | British |
| NEESON, Martin George | Director | 2026-04-01 | Jan 1968 | British |
| RUPPEL, Brenda Louise | Director | 2025-01-06 | Jul 1967 | British |
| RYALS, Lynette Joy, Professor | Director | 2020-11-01 | Jul 1960 | British |
| SACHDEV, Nileshbhai | Director | 2021-04-19 | Nov 1958 | British |
| WALTON, Christopher John | Director | 2024-12-01 | Jun 1957 | British |
Show 17 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BENNETT, Jeremy Patrick Stephen | Secretary | 2018-09-03 | 2019-09-05 |
| GEORGE, Roland | Secretary | 2020-02-05 | 2025-04-24 |
| RALPH, Vanessa Charlotte | Secretary | 2019-09-06 | 2020-02-05 |
| TURNER, Samantha | Secretary | 2025-04-24 | 2025-10-10 |
| WHITE, Stuart James | Secretary | 2017-11-22 | 2018-09-03 |
| BLANCHFLOWER, Simon William | Director | 2018-12-05 | 2022-03-31 |
| BRIGHOUSE, Robert William | Director | 2018-09-03 | 2021-04-18 |
| COOPER, Tom Knut Glenn | Director | 2018-10-09 | 2019-10-08 |
| ELITHORN, Martin Cavendish | Director | 2018-05-17 | 2019-02-26 |
| LODGE, Matthew John | Director | 2017-11-22 | 2018-05-17 |
| MURRAY, Simon Anthony | Director | 2019-02-26 | 2024-10-31 |
| NORMAN, James Nicholas | Director | 2021-07-22 | 2022-04-29 |
| PERRY, Diane | Director | 2019-02-26 | 2024-07-31 |
| TARPLEE, Suzanne Catherine | Director | 2017-11-20 | 2017-11-22 |
| TURNER, Samantha | Director | 2023-06-19 | 2025-10-10 |
| WEST, Beth Anne | Director | 2022-04-01 | 2024-05-31 |
| WHITTINGTON, Joanna Sarah | Director | 2020-11-01 | 2022-11-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Secretary Of State For Transport | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-11-22 | Active |
| Ms Suzanne Catherine Tarplee | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-11-20 | Ceased 2017-11-22 |
Filing timeline
Last 20 of 77 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-06 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-14 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-10 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-02-10 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-16 | AA | accounts | Accounts with accounts type full | |
| 2025-11-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-21 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-21 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-05-07 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-05-07 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-01-13 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-24 | AA | accounts | Accounts with accounts type full | |
| 2024-12-13 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-06 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-07 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-05 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-05 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-05 | CH01 | officers | Change person director company with change date | |
| 2024-02-05 | AD01 | address | Change registered office address company with date old address new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 0
- Officers appointed
- 4
- Officers resigned
- 2
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.