FAIVELEY TRANSPORT TAMWORTH LTD

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. FAIVELEY TRANSPORT TAMWORTH LTD 2005-02-23 → present
2. FAIVELEY UK LIMITED 1994-02-02 → 2005-02-23
3. 782ND SHELF TRADING COMPANY LIMITED 1993-09-08 → 1994-02-02

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

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future and meet its liabilities as they fall due. As of 31 December 2024, the Company had net assets of £31.8m (2023: £24.3m) and net current assets of £31.7m (2023: £24.1m). In addition, the Company continues to trade profitably and has access to finance from the Westinghouse Air Brake Technologies Corporation Group (the "Wabtec Corporation") as required to meet working capital requirements. As the company is part of group financing arrangements a letter of support has been provided to the company by the Wabtec Corporation to support its going concern conclusion. In considering their ability to rely on the letter of support, the directors considered any downside scenarios and sensitivity applied during the assessment as well as the group cash position of $528m and undrawn revolving credit facilities of $2,000m as at 30 September 2025. Accordingly, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the period to 31 December 2026. The Company, therefore continues to adopt a going concern basis in preparing its financial statements.”

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

Filings

4

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

  +45.6%

  £11,086,310 → £16,145,890

• Cash

  —

  Not reported

• Net assets

  +31%

  £24,312,009 → £31,844,677

• Employees

  -9.1%

  33 → 30

• Operating profit

  +124%

  £2,815,446 → £6,307,874

• Profit before tax

  +118.9%

  £3,441,655 → £7,534,318

• Wages

  +0.4%

  £1,146,305 → £1,150,428

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