THE A1 STEAM LOCOMOTIVE TRUST
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-08-26 (in 3mo)
Last made up 2025-08-12
Watchouts
None on the register
Cash
£324K
+8.4% vs 2024
Net assets
£8M
+5.6% vs 2024
Employees
7
0% vs 2024
Profit before tax
£406K
+188.7% vs 2024
Name history
Renamed 1 time since incorporation
- THE A1 STEAM LOCOMOTIVE TRUST 1994-03-09 → present
- THE A1 STEAM LOCOMOTIVE TRUST LIMITED 1991-08-12 → 1994-03-09
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 | £81,656 | £30,477 | |
| Operating profit | £139,410 | £403,849 | |
| Profit before tax | £140,479 | £405,515 | |
| Net profit | £140,479 | £405,515 | |
| Cash | £299,206 | £324,220 | |
| Total assets less current liabilities | £7,511,941 | £7,751,768 | |
| Net assets | £7,289,504 | £7,695,019 | |
| Equity | £7,289,504 | £7,695,019 | |
| Average employees | 7 | 7 | |
| Wages | £138,570 | £142,415 |
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | 170.7% | 1325.1% | |
| Net margin | 172.0% | 1330.6% | |
| Return on capital employed | 1.9% | 5.2% | |
| Current ratio | 1.16x | 1.58x | |
| Interest cover | 9.54x | 388.32x |
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
- Consolidated group
- Auditor
- S&W Group Partners Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the trustees' 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 group's or parent charitable 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
- THE A1 STEAM LOCOMOTIVE TRUST · parent
- The P2 Steam Locomotive Company Limited 100%
- Tornado Steam Traction Ltd 99%
- Tornado Merchandising Limited 100%
- The V4 Steam Locomotive Company Limited 99%
- The A1SLT Support Services Limited 100%
- 21st Century Steam Limited 100%
- 21st Century Rolling Stock Limited 100%
Significant events
- “The Trust continued to pay down the Coronavirus Business Interruption Loan, with the final payment due in May 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 30 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HUGHES, Gary Nigel | Secretary | 2026-01-14 | — | — |
| BUNKER-JAMES, Graeme | Director | 2026-01-14 | Jun 1974 | British |
| COURTENEY-HARRIS, Richard John | Director | 2025-07-01 | Oct 1957 | British |
| DAVIES, Stephen | Director | 2020-07-28 | Apr 1959 | British |
| GIBSON, Elizabeth Alexandra Ross | Director | 2023-10-25 | Mar 1979 | British |
| KYTE, Wayne Alan | Director | 2024-06-11 | Nov 1960 | British |
| LANGER, Graham Philip | Director | 2017-01-21 | Jan 1961 | British |
| WALKER, James Christopher | Director | 2014-04-04 | Oct 1943 | British |
| WELSH, Martin Brian | Director | 2025-01-15 | Apr 1983 | British |
Show 30 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BURGESS, David Erwyn | Secretary | 2002-01-12 | 2019-01-21 |
| KIRKMAN, Ivor James Sellers | Secretary | 1993-10-06 | 1995-08-15 |
| PALMER, Frank Stuart | Secretary | 1991-08-12 | 1993-10-06 |
| VOGE, Anthony Wreford Bothwell | Secretary | 1995-08-15 | 2002-01-12 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1991-08-12 | 1991-08-12 |
| ALLATT, Mark Colin | Director | 1994-09-11 | 2021-12-20 |
| BEDDING, David Charles | Director | 2004-09-11 | 2007-09-15 |
| BRUCE, Paul Andrew | Director | 2017-12-11 | 2023-10-11 |
| BUNKER, Graeme | Director | 2004-05-15 | 2023-11-09 |
| BURGESS, David Erwyn | Director | 2004-01-24 | 2019-01-21 |
| CHAMPION, David | Director | 1991-08-12 | 2000-07-15 |
| COURTENEY-HARRIS, Richard John | Director | 2020-12-31 | 2025-05-05 |
| DOW, Andrew Richard George | Director | 1994-11-12 | 2004-09-11 |
| ELLIOTT, David Andrew | Director | 2009-06-21 | 2020-11-18 |
| ELLIOTT, David Andrew | Director | 1993-10-07 | 1999-07-17 |
| FANNING, Michael | Director | 1994-01-15 | 1994-03-26 |
| GLADDERS, John Michael | Director | 1991-08-12 | 1993-10-07 |
| LARKE, Cedric Maurice John | Director | 2004-05-15 | 2007-10-01 |
| LORD, Gillian | Director | 2009-11-21 | 2016-11-22 |
| MCDONALD, Benjamin Mark | Director | 2020-12-31 | 2025-11-28 |
| MORLAND, Robert John | Director | 2007-01-20 | 2018-12-15 |
| MORLAND, Robert John | Director | 1995-07-29 | 2004-01-24 |
| NICHOLAS, Graham Thomas Richard | Director | 2004-01-24 | 2013-11-16 |
| PALMER, Frank Stuart | Director | 1991-08-12 | 2001-03-18 |
| PARKER, Huw Jonathan | Director | 2018-11-16 | 2023-12-31 |
| ROCHE, Anthony Douglas | Director | 2002-03-09 | 2003-06-03 |
| ROSS, Duncan | Director | 2006-05-13 | 2008-04-04 |
| STOTT, Alexandra Jane | Director | 2008-05-17 | 2015-01-05 |
| VOGE, Anthony Wreford Bothwell | Director | 1993-10-07 | 2008-05-02 |
| WILSON, Barry | Director | 1993-10-07 | 2013-08-29 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 183 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-12 | AA | accounts | Accounts with accounts type group | |
| 2026-01-27 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-19 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-12-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-07 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-27 | AA | accounts | Accounts with accounts type group | |
| 2025-01-21 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-17 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-10 | AA | accounts | Accounts with accounts type group | |
| 2024-01-09 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-09 | TM01 | officers | Termination director company with name termination date | |
| 2023-11-10 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-18 | TM01 | officers | Termination director company with name termination date | |
| 2023-08-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-25 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-04-03 | AA | accounts | Accounts with accounts type group | |
| 2022-08-12 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 3
- 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.
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
-62.7%
£81,656 £30,477
-
Cash
+8.4%
£299,206 £324,220
-
Net assets
+5.6%
£7,289,504 £7,695,019
-
Employees
0%
7 7
-
Operating profit
+189.7%
£139,410 £403,849
-
Profit before tax
+188.7%
£140,479 £405,515
-
Wages
+2.8%
£138,570 £142,415
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