EDINBURGH TRAMS LIMITED

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

Latest accounts filed cover 2024-12-31; financial figures currently reflect up to 2024-12-28.

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

  +21%

  £23,805,106 → £28,815,444

• Cash

  -32.9%

  £5,674,281 → £3,808,451

• Net assets

  —

  Not reported

• Employees

  +12%

  292 → 327

• Operating profit

  +15.7%

  -£10,624,140 → -£8,953,693

• Profit before tax

  +15.8%

  -£11,850,936 → -£9,974,843

• Wages

  +15%

  £8,956,627 → £10,304,084

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

Heads up: a more recent set of accounts has been filed but isn't yet reflected here — the figures above are older than the company's latest filing.

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Azets Audit Services

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors are of the opinion that the company has adequate resources to enable it to undertake its planned activities for a period of at least one year from the date that the financial statements are approved. The Board can give assurance with regards to ETL remaining a "Going Concern" in respect of the operational business aspect of ETL.”

Significant events

• “Another major landmark year for Edinburgh Tram was achieved in 2024 with our patronage levels breaking through the 12 million milestone for the first time.”
• “highest ever daily passenger number with 74,401 carried during one of Taylor Swift's Concerts.”
• “all 27 Trams were live on our system.”

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

Filings

14

last 12 months

Capital events

2

last 24 months

Officers appointed

7

last 12 months

Officers resigned

4

last 12 months

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