VALE OF RHEIDOL RAILWAY LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. VALE OF RHEIDOL RAILWAY LIMITED 1988-01-22 → present
2. CRODALL LIMITED 1987-11-04 → 1988-01-22

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

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

Consolidated group

Auditor

Ashmole & Co

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Trustees are of the opinion that the charitable company is a going concern.”

Group structure

1. VALE OF RHEIDOL RAILWAY LIMITED · parent
   1. Vale of Rheidol Trading Limited 100% · England and Wales · trading activities with the purpose of raising money for donation to the charity

Significant events

• “In 2024 the railway carried 42,100 passengers (passenger numbers in 2023 were 41,918).”
• “hosted the first Polar Express train ride event which totalled 65 performances. The event took place in December and attracted an additional 9,000 passengers to the railway.”
• “The Ffestiniog Railway's locomotive 'Palmerston' spent the majority of the year at the railway, returning to the railway initially hired in by the original company in 1912.”
• “A Steam Festival event was held over the August bank holiday weekend with locomotives No 7, No 8, NGG13 No 60, Wren 3114, Margaret and Palmerston all in steam.”
• “Construction was completed on the Great Western Railway locomotive shed and this opened on 25th March 2024 as a new narrow gauge railway museum.”
• “A category red storm hit Mid Wales in December bringing with it considerable disruption to the local area and power outages.”
• “In March 2024 a blocked culvert at the Horseshoe bend caused a washout of the track on the curve.”

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

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  -6.2%

  £2,201,304 → £2,064,740

• Cash

  +637.9%

  £762,916 → £5,629,436

• Net assets

  +13.2%

  £13,607,246 → £15,407,717

• Employees

  -5.4%

  37 → 35

• Wages

  +11.3%

  £795,515 → £885,086

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