WABTEC UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-05-11
Overdue
Watchouts
Cash
£2M
+174% vs 2023
Net assets
£122M
+23.7% vs 2023
Employees
1,318
-4.4% vs 2023
Profit before tax
£17M
+210.5% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-05-11.
Name history
Renamed 3 times since incorporation
- WABTEC UK LIMITED 2021-11-30 → present
- WABTEC RAIL LIMITED 2000-03-01 → 2021-11-30
- RFS (E) LIMITED 1994-11-09 → 2000-03-01
- IMCO (0394) LIMITED 1994-04-27 → 1994-11-09
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £250,817,000 | £309,516,000 | |
| Operating profit | -£8,757,000 | £17,659,000 | |
| Profit before tax | -£15,225,000 | £16,827,000 | |
| Net profit | -£9,776,000 | £20,476,000 | |
| Cash | £764,000 | £2,093,000 | |
| Total assets less current liabilities | £158,529,000 | £178,744,000 | |
| Net assets | £98,764,000 | £122,202,000 | |
| Equity | £98,764,000 | £122,202,000 | |
| Average employees | 1,378 | 1,318 | |
| Wages | £67,987,000 | £64,551,000 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -3.5% | 5.7% | |
| Net margin | -3.9% | 6.6% | |
| Return on capital employed | -5.5% | 9.9% | |
| Current ratio | 1.23x | 1.37x | |
| Interest cover | -0.68x | 1.58x |
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
- 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 £122.2m (2023: net assets of £98.8m) and net current assets of £96.8m (2023: net current assets of £66.5m). In addition, the Company continues to trade and has access to finance from the Westinghouse Air Brake Technologies Corporation Group 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 Westinghouse Air Brake Technologies Corporation to support its going concern conclusion.”
Group structure
- WABTEC UK LIMITED · parent
- Faiveley Transport Tamworth Limited 100%
- Faiveley Transport Birkenhead Limited 100%
- Wabtec (Tianjin) Electrification Technology Co. Limited 100%
- Deptol Limited 100%
Significant events
- “Since December 2024 the business has announced various changes to it's activities and structure. The closure of the Wabtec Control Systems business was announced in February 2025 due to the strategic exit of the UK signalling design market. Also in Q1 2025, the closure of the Doncaster site was announced, with the overhaul work being transferred to the Barton site, while the vehicle market will be strategically exited, due to its uncertainty and low margins.”
- “On 1st July 2025, Wabtec Corporation, the ultimate parent company of Wabtec UK Limited, completed the acquisition of Evident's Inspection Technologies division. This acquisition occurred after the balance sheet date and does not affect the amounts recognised in these financial statements. Following this acquisition, Wabtec UK Limited acquired certain UK based trade and assets, with this transaction also completing on 1st July 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 34 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SEITZ, David Michael | Secretary | 2021-07-19 | — | — |
| BENTLEY, Tim | Director | 2022-07-21 | Oct 1965 | English |
| BRAMLEY, Nichola | Director | 2022-08-22 | Mar 1982 | British |
| MASTALERZ JNR, John A | Director | 2019-09-01 | Dec 1966 | American |
| SEITZ, David Michael | Director | 2021-07-19 | Feb 1965 | American |
Show 34 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ISAAC, Michael James | Secretary | 2013-11-12 | 2021-01-13 |
| JOHNSON, Robert Edward | Secretary | 1994-08-11 | 1998-04-04 |
| QUINN, Erin Boyts | Secretary | 2021-01-13 | 2021-07-19 |
| UPRICHARD, Andrew | Nominee Secretary | 1994-04-27 | 1994-08-11 |
| A G SECRETARIAL LIMITED | Corporate Secretary | 1998-04-04 | 2013-10-25 |
| BETLER, Raymond Theodore | Director | 2008-10-28 | 2019-07-31 |
| BOSTOCK, Michael Edward | Director | 1994-08-11 | 1998-04-04 |
| BROMBERG, Howard | Director | 1999-10-01 | 2000-06-20 |
| BROOKS, Robert J | Director | 1998-04-04 | 2004-05-27 |
| CAMMERMAN, Philip Simon | Director | 1994-11-08 | 1996-09-18 |
| DERBYSHIRE, Andrew Thomas | Director | 2019-10-04 | 2023-07-24 |
| GARCIA TUNON, Alvaro | Director | 2004-05-27 | 2008-07-07 |
| GEE, David William | Director | 1996-09-18 | 1998-04-04 |
| HARRISON, Andrew Nigel | Nominee Director | 1994-04-27 | 1994-08-11 |
| HILDUM, Keith Patrick | Director | 2008-07-24 | 2018-01-10 |
| JOHNSON, Robert Edward | Director | 1994-08-11 | 1998-04-04 |
| KASSLING, William E | Director | 1998-04-04 | 2004-12-14 |
| KOVAC, Charles Francis | Director | 2008-07-24 | 2008-10-28 |
| LAW, Donald William | Director | 1994-11-08 | 1998-04-04 |
| LOGAN, Timothy James | Director | 2001-03-22 | 2008-07-07 |
| MEEHAN, John David | Director | 1999-10-01 | 2010-01-24 |
| MEEHAN, John David | Director | 1994-09-29 | 1998-04-04 |
| MEYER, David James | Director | 2013-07-15 | 2017-12-14 |
| MITCHELL, Jonathan James | Director | 1994-08-11 | 1995-02-24 |
| MOWBRAY, Garry John | Director | 2022-05-24 | 2023-07-24 |
| POSTLEWAITE, Thomas Henry | Director | 1994-11-08 | 1998-04-04 |
| PRIDMORE, Martin George | Director | 1994-09-29 | 1998-04-04 |
| QUINN, Erin Boyts | Director | 2020-09-16 | 2021-07-19 |
| ROE, Michael John | Director | 1997-10-01 | 1998-04-04 |
| SANTANA, Rafael Ottonio | Director | 2019-09-01 | 2020-09-16 |
| SHEA, Michael John | Director | 1995-09-13 | 1998-04-04 |
| WALSH, Anthony Joseph | Director | 2005-06-22 | 2008-07-21 |
| WEATHERALL, Christopher John | Director | 2009-03-01 | 2019-10-04 |
| WOOLHOUSE, David Ian | Director | 2013-07-15 | 2018-09-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Wabtec Air Brake Technologies Corporation | Corporate entity | Shares 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 198 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-01-09 MA Memorandum articles
- 2026-01-09 RESOLUTIONS Resolution
- 2021-11-30 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-09 | MA | incorporation | Memorandum articles | |
| 2026-01-09 | RESOLUTIONS | resolution | Resolution | |
| 2025-12-29 | AA | accounts | Accounts with accounts type full | |
| 2025-05-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-24 | AA | accounts | Accounts with accounts type full | |
| 2024-05-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-27 | AA | accounts | Accounts with accounts type full | |
| 2023-07-24 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-24 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-09 | AA | accounts | Accounts with accounts type full | |
| 2023-03-07 | DISS40 | gazette | Gazette filings brought up to date | |
| 2023-02-28 | GAZ1 | gazette | Gazette notice compulsory | |
| 2022-08-23 | AP01 | officers | Appoint person director company with name date | |
| 2022-07-25 | AP01 | officers | Appoint person director company with name date | |
| 2022-05-25 | AP01 | officers | Appoint person director company with name date | |
| 2022-05-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-11-30 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-11-30 | CERTNM | change-of-name | Certificate change of name company | |
| 2021-09-13 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+23.4%
£250,817,000 £309,516,000
-
Cash
+174%
£764,000 £2,093,000
-
Net assets
+23.7%
£98,764,000 £122,202,000
-
Employees
-4.4%
1,378 1,318
-
Operating profit
+301.7%
-£8,757,000 £17,659,000
-
Profit before tax
+210.5%
-£15,225,000 £16,827,000
-
Wages
-5.1%
£67,987,000 £64,551,000
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