TRAILFINDERS LIMITED
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Next accounts due
2026-11-30 (in 6mo)
Last filed for 2025-02-28
Confirmation statement due
2027-03-13 (in 10mo)
Last made up 2026-02-27
Watchouts
Cash
£285M
+16% highest in 4 filed years
Net assets
£404M
+10.8% highest in 4 filed years
Employees
1,006
+5.5% highest in 4 filed years
Profit before tax
£48M
-42% first positive since 2022
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Name history
Renamed 1 time since incorporation
- TRAILFINDERS LIMITED 1989-06-08 → present
- TRAIL FINDERS LIMITED 1971-03-11 → 1989-06-08
Net assets
5-year trend · vs Technology median
Accounts
5-year trend · latest reflected 2025-02-28
| Metric | Trend | 2020-03-01 | 2021-02-28 | 2022-02-28 | 2024-02-29 | 2025-02-28 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | £967,665,000 | £989,819,000 | |
| Operating profit | — | — | — | £56,705,000 | £17,769,000 | |
| Profit before tax | — | -£30,338,000 | -£35,863,000 | £82,017,000 | £47,558,000 | |
| Net profit | — | -£24,025,000 | -£28,163,000 | £61,757,000 | £39,273,000 | |
| Cash | — | £28,677,000 | £175,888,000 | £245,259,000 | £284,554,000 | |
| Total assets less current liabilities | — | £322,817,000 | £291,976,000 | £367,357,000 | £410,651,000 | |
| Net assets | — | £314,829,000 | £286,666,000 | £364,551,000 | £403,824,000 | |
| Equity | £341,854,000 | £314,829,000 | £286,666,000 | £364,551,000 | £403,824,000 | |
| Average employees | — | 955 | 914 | 954 | 1,006 | |
| Wages | — | £37,112,000 | £37,288,000 | £60,839,000 | £82,102,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-03-01 | 2021-02-28 | 2022-02-28 | 2024-02-29 | 2025-02-28 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 5.9% | 1.8% | |
| Net margin | — | — | — | 6.4% | 4.0% | |
| Return on capital employed | — | — | — | 15.4% | 4.3% | |
| Current ratio | — | — | — | 1.71x | 1.60x |
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
- Xeinadin Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- TRAILFINDERS LIMITED · parent
- Trailfinders Ireland Limited 100%
- Trailfinders Pty. Limited 100%
- Bloomfield Wilderness Lodge Pty. Limited 100%
- Mount Louis Grazing Pty. Limited 100%
- Trailfinders (Australia) Pty. Limited 100%
- Hinterland Aero Engineering Pty.Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
18 active · 26 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| O'DOWD, John Christopher | Secretary | 2025-08-26 | — | — |
| BAILEY, Edward Rutherford | Director | 2026-04-30 | May 1990 | British |
| DAVIES, Nikki | Director | 2010-09-02 | Jun 1968 | British |
| GOOLEY, Michael David William, Sir | Director | — | Oct 1936 | British |
| GOOLEY, Tristan Patrick | Director | 2004-09-01 | Oct 1973 | British |
| KELLY, Toby Michael | Director | 2013-03-01 | Mar 1974 | British |
| LATIMER, Jeremy Colin | Director | 2019-03-14 | Jan 1972 | British |
| LEE, Edwin Robert | Director | 2001-11-15 | Aug 1949 | British |
| MCHARDY, Russell | Director | 2014-06-01 | Apr 1967 | British |
| NESS, David Andrew | Director | 2015-04-28 | Apr 1977 | British |
| O'DOWD, John Christopher | Director | 2022-04-13 | Apr 1974 | English |
| RAYMOND, Matthew Charles | Director | 1999-01-01 | Jul 1962 | British |
| REED GILFILLAN, Suzannah Elizabeth | Director | 2024-12-16 | Jun 1986 | British |
| SHEFFER, John | Director | 2021-07-01 | Jun 1970 | British |
| SIMPSON, Ross | Director | 2017-01-01 | May 1979 | British |
| URBANAVICIUTE, Dalia | Director | 2025-09-01 | Jan 1985 | Lithuanian |
| WEST, Mark William | Director | 2013-03-01 | Oct 1971 | British |
| WHEELER, Simon John | Director | 2020-08-01 | Dec 1973 | British |
Show 26 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BANNISTER, Mark | Secretary | — | 2018-09-20 |
| COMBER, Lawrence David | Secretary | 2019-03-01 | 2025-08-26 |
| MARECHAL, Elodie Deborah | Secretary | 2018-09-20 | 2019-02-28 |
| ATKINS, Marcus Barratt | Director | 1998-07-01 | 2014-02-28 |
| BANNISTER, Mark | Director | — | 2018-09-20 |
| BATESON, Charles Robin Dinghall | Director | 1999-09-01 | 2007-04-18 |
| BRETON, Louise | Director | 2002-10-16 | 2015-06-12 |
| COMBER, Lawrence David | Director | 2021-10-01 | 2025-08-29 |
| DYER, Gareth | Director | 1992-03-01 | 2021-08-27 |
| FENWICK, Paul Sym | Director | 1994-05-19 | 1998-07-03 |
| GADD, Stephen Reginald | Director | 2006-09-01 | 2016-04-29 |
| GOOLEY, Fiona Kathleen, Lady | Director | 2008-03-01 | 2026-03-11 |
| HARDY, Terence Patrick, Lieutenant Colonel | Director | — | 1995-06-05 |
| HEATH, William | Director | — | 2001-11-15 |
| IRVINE, Ian Charles | Director | 1996-11-01 | 2011-05-29 |
| NORMAN, Kerrie | Director | — | 1993-09-30 |
| NYE, Jonathan David | Director | 2003-03-12 | 2017-09-29 |
| ORLANS, Nigel | Director | 2014-06-01 | 2017-03-01 |
| POULTON, Gillian Margaret | Director | — | 1993-08-10 |
| POWELL, Lucy Jane | Director | 1999-09-01 | 2009-12-23 |
| PYPER, Alison Olivia | Director | 1997-06-25 | 2004-12-14 |
| RAWSON, Catherine Anne | Director | — | 1997-02-28 |
| RUSSELL, Anthony Martin | Director | — | 2018-12-31 |
| SLIM, John Douglas, The Rt Hon Viscount | Director | — | 2007-02-28 |
| WOOD, Lois Diana | Director | 1994-09-28 | 1999-07-29 |
| WOODWARD, Simon Paul | Director | 2021-07-01 | 2026-04-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Trailfinders Group Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
| Sir Michael David William Gooley | Individual | Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 242 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-02-18 RESOLUTIONS Resolution
- 2023-10-26 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-30 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-28 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-12 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-18 | RESOLUTIONS | resolution | Resolution | |
| 2025-09-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-29 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-26 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-08-26 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-07-09 | AA | accounts | Accounts with accounts type full | |
| 2025-03-27 | CH01 | officers | Change person director company with change date | |
| 2025-03-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-18 | CH01 | officers | Change person director company with change date | |
| 2024-12-18 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-18 | AA | accounts | Accounts with accounts type full | |
| 2024-02-27 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-10-26 | RESOLUTIONS | resolution | Resolution | |
| 2023-10-09 | CH01 | officers | Change person director company with change date | |
| 2023-10-09 | CH01 | officers | Change person director company with change date | |
| 2023-10-09 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 0
- Officers appointed
- 3
- Officers resigned
- 4
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.
Year-on-year
FY2024 → FY2025 · period ending 2025-02-28 vs 2024-02-29
-
Turnover
+2.3%
£967,665,000 £989,819,000
-
Cash
+16%
£245,259,000 £284,554,000
highest in 4 filed years
-
Net assets
+10.8%
£364,551,000 £403,824,000
highest in 4 filed years
-
Employees
+5.5%
954 1,006
highest in 4 filed years
-
Operating profit
-68.7%
£56,705,000 £17,769,000
-
Profit before tax
-42%
£82,017,000 £47,558,000
first positive since 2022
-
Wages
+34.9%
£60,839,000 £82,102,000
highest in 4 filed years
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers