DB CARGO MAINTENANCE LIMITED

1. DB CARGO MAINTENANCE LIMITED 2017-12-21 → present
2. AXIOM RAIL (STOKE) LIMITED 2008-11-20 → 2017-12-21
3. MARCROFT ENGINEERING LIMITED 2000-07-13 → 2008-11-20
4. WYNNS HEAVY HAULAGE LIMITED 1988-12-06 → 2000-07-13
5. POSTWELL LIMITED 1988-03-23 → 1988-12-06

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

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company participates in cash pooling and credit facility arrangements with Deutsche Bahn AG and operates these to manage working capital. A letter of comfort has been provided by DBAG to confirm the funds in the cash pooling facility will remain available on request. The directors have performed a going concern assessment which indicates that, in reasonably possible downsides, the company will continue to meet its liabilities as they fall due during the 12-month period ending 30 June 2026.”

Significant events

• “During 2024 the company was involved in a major investment program for wagon conversions for the DB Cargo UK group which will continue into 2025.”
• “The European Commission has concluded state aid proceedings against the Federal Republic of Germany concerning DB Cargo AG with its decision of November 29, 2024, approving loss compensations of €1.9 billion as restructuring aid. The profit transfer agreement between DB AG and DB Cargo AG has been terminated as of January 1, 2025.”

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

Filings

2

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.

• Turnover

  +6.2%

  £18,565,000 → £19,716,000

• Cash

  +93.3%

  £2,986,000 → £5,773,000

• Net assets

  +34.2%

  £6,895,000 → £9,252,000

• Employees

  -4.4%

  114 → 109

• Operating profit

  +46.9%

  £1,978,000 → £2,905,000

• Profit before tax

  +52.6%

  £2,024,000 → £3,089,000

• Wages

  -8.2%

  £3,988,000 → £3,660,000

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