PLATFORM4 RAIL REGENERATION LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-05-01 (in 1y)
Last made up 2026-04-17
Watchouts
Cash
£45M
-19.8% vs 2024
Net assets
£210M
-5.6% vs 2024
Employees
51
-10.5% vs 2024
Profit before tax
-£13M
+47.1% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
6 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Name history
Renamed 2 times since incorporation — the current trading name was adopted 2025-12-18
- PLATFORM4 RAIL REGENERATION LIMITED 2025-12-18 → present
- LONDON & CONTINENTAL RAILWAYS LIMITED 1994-10-20 → 2025-12-18
- PRECIS (1289) LIMITED 1994-09-08 → 1994-10-20
Net assets
2-year trend · vs Real Estate median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £21,448,000 | £22,795,000 | |
| Operating profit | -£24,853,000 | -£13,181,000 | |
| Profit before tax | -£23,679,000 | -£12,520,000 | |
| Net profit | -£17,292,000 | -£11,512,000 | |
| Cash | £56,409,000 | £45,239,000 | |
| Total assets less current liabilities | £245,358,000 | £233,413,000 | |
| Net assets | £222,926,000 | £210,414,000 | |
| Equity | -£222,926,000 | -£210,414,000 | |
| Average employees | 57 | 51 | |
| Wages | £3,999,000 | £4,059,000 |
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | -115.9% | -57.8% | |
| Net margin | -80.6% | -50.5% | |
| Return on capital employed | -10.1% | -5.6% | |
| Gearing (liabilities / total assets) | 18.1% | 17.4% | |
| Current ratio | 3.37x | 3.76x | |
| Interest cover | -35.56x | -20.12x |
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
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In light of the above, the Directors believe the company is well placed to manage its business risks successfully and the Directors have a reasonable expectation that the company will have adequate resources to continue in operational existence for the foreseeable future and for a period of at least 12 months from the date of the approval of the financial statements for the year ended 31 March 2025.”
Group structure
- PLATFORM4 RAIL REGENERATION LIMITED · parent
- Stratford City Business District Limited 50%
- LCR St Pancras Chambers Ltd 50%
- Mayfield Partnership Ltd 33.3%
- Whittles Properties Brunel Ltd 100%
- Whittles Properties Croydon Ltd 100%
- Whittles Properties Manchester Ltd 100%
- RTC Regeneration 2015 Ltd 100%
- Mayfield Partnership (General Partner) Ltd 33.3%
- Mayfield Partnership Limited Partnership 33.3%
- IQL North Limited 100%
Significant events
- “On 1 April 2025, subsequent to the financial year end of 31 March 2025, the Secretary of State for Transport (DfT) transferred all of its shares in London & Continental Railways Limited to Network Rail Infrastructure Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 67 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| EDWARDS, Paul Robert | Secretary | 2025-12-04 | — | — |
| LEWIS, Philip Geoffrey | Director | 2026-01-14 | Jun 1953 | British |
| MARSHALL, Paul Daniel | Director | 2025-09-25 | Sep 1979 | British |
| MCNISH, Nicola Sarah Jane | Director | 2026-01-14 | Apr 1963 | British |
| PEELO, Alan Desmond | Director | 2025-09-01 | Sep 1973 | Irish |
| POULTER, Anthony John | Director | 2021-04-01 | Jan 1958 | British |
| SEELEY, Rebecca Jayne | Director | 2025-03-13 | Apr 1980 | British |
Show 67 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BURTON, Lesley Elizabeth | Secretary | 1998-03-31 | 1999-04-30 |
| CLEMENT DAVIES, Christopher Alan Geraint | Secretary | 1995-03-10 | 1995-09-07 |
| CLIFTON, Roger Cheston | Secretary | 1996-06-26 | 1998-03-31 |
| DICK, Alastair Campbell | Secretary | 1995-10-10 | 1996-03-31 |
| HAMILL, Christopher Hugh | Secretary | 1999-04-30 | 2011-03-31 |
| HAWTHORNE, Peter | Secretary | 2014-01-01 | 2025-09-11 |
| KABERRY, Christopher Donald, Sir | Secretary | 2011-04-01 | 2013-12-31 |
| PHILLIPS, Simon Dennis | Secretary | 1996-03-31 | 1996-06-26 |
| OFFICE ORGANIZATION & SERVICES LIMITED | Corporate Secretary | 1994-09-22 | 1995-03-10 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1994-09-08 | 1994-09-22 |
| ABBOTT, Trevor Michael | Director | 1996-10-02 | 1997-12-09 |
| ABBOTT, Trevor Michael | Director | 1996-04-09 | 1996-10-02 |
| AZEMA, David Francois | Director | 1998-01-28 | 1999-02-17 |
| BALDRY, Lorraine Ingrid | Director | 2011-04-01 | 2019-01-11 |
| BARRON, Paul Stuart | Director | 2008-01-01 | 2011-03-31 |
| BARWICK, Charles Julian | Director | 2005-11-15 | 2014-03-31 |
| BAYLEY, James Mark | Director | 2003-05-14 | 2011-03-31 |
| BEAMENT, Ian Roger | Director | 1995-12-12 | 1997-07-31 |
| BEEVER, David Milton Maxwell | Director | 1996-07-24 | 2007-12-31 |
| BELL, Walter Carlin | Director | 2003-06-02 | 2007-12-31 |
| BOSTOCK, Richard Mark | Director | 1995-03-10 | 1996-06-25 |
| BOTT, Stephen John | Director | 1997-07-31 | 1999-02-17 |
| BOWE, Colette, Dr | Director | 2008-01-31 | 2011-07-31 |
| CARTER, John Douglas | Director | 1997-06-25 | 2006-02-09 |
| CHILD, Colin Charles | Director | 1996-09-30 | 1999-02-17 |
| COLOMBAUD, Bernard, Monsieur | Director | 1997-03-26 | 1998-01-28 |
| COLOMBAUD, Bernard, Monsieur | Director | 1996-05-23 | 1996-12-18 |
| COOKSEY, David James Scott, Sir | Director | 2006-11-01 | 2011-03-31 |
| DICK, Alastair Campbell | Director | 1995-03-10 | 1996-03-31 |
| DILLON, John Edward Michael | Director | 1994-09-08 | 1995-03-10 |
| DOBSON, Robin Richard | Director | 2025-10-20 | 2026-03-26 |
| DUNN, Michael Edward | Director | 2019-08-12 | 2025-08-11 |
| GARNHAM, Timothy Claude | Director | 2014-06-01 | 2021-01-11 |
| HAWTHORNE, Peter | Director | 2014-01-01 | 2025-08-31 |
| HICKSON, Peter Charles Fletcher | Director | 2007-04-01 | 2011-03-31 |
| HOLDEN, Robert David | Director | 1996-10-02 | 2009-03-31 |
| HORNBY, Derek Peter, Sir | Director | 1995-03-10 | 1998-04-08 |
| JORDAN, Stephen Robert | Director | 2008-06-01 | 2010-09-30 |
| JOY, David | Director | 2011-04-01 | 2019-03-28 |
| KABERRY, Christopher Donald, Sir | Director | 2011-04-01 | 2013-12-31 |
| KIRKLAND, Colin James | Director | 1995-03-10 | 1996-06-26 |
| LEBOEUF, Michel Rene | Director | 1996-10-02 | 1996-12-18 |
| MARKHAM, Nicholas Francis | Director | 2019-04-02 | 2022-09-26 |
| MCENHILL, Peter Raymond | Director | 1996-07-17 | 1999-02-17 |
| MILLS, Adam Francis | Director | 1996-03-31 | 1998-04-08 |
| MONSERIE, Paul | Director | 1995-03-10 | 1996-12-18 |
| MUMM, Clifford George | Director | 1996-09-03 | 1997-06-25 |
| MURPHY, Stephen Thomas Matthew | Director | 1995-03-10 | 1996-04-09 |
| NEAL, Leon | Director | 1994-09-08 | 1995-03-10 |
| NEERHOUT, John | Director | 1996-12-18 | 2003-12-31 |
| NEERHOUT JR, John | Director | 1995-03-10 | 1995-03-10 |
| PICARD, Roger Joseph | Director | 1997-06-25 | 2001-09-27 |
| PICARD, Roger Joseph | Director | 1996-09-03 | 1997-06-25 |
| REEVES, Alexander Lloyd | Director | 2018-04-01 | 2021-03-31 |
| REINHARDT, Pierre | Director | 1997-03-26 | 1998-01-28 |
| ROCHET, Pierre Louis | Director | 1998-07-17 | 1999-02-17 |
| RUSSELL, Mark Francis | Director | 2011-04-01 | 2018-03-31 |
| SACHDEV, Nilesh | Director | 2021-03-25 | 2025-12-31 |
| SCOTT, Jonathan Prestwich | Director | 1996-07-24 | 1997-01-22 |
| TOWERS, Alan Victor | Director | 1997-09-09 | 1998-12-11 |
| UNRUH, Vincent Paul | Director | 2001-09-27 | 2003-03-10 |
| WAKEFIELD, Nicholas Jeremy | Director | 1995-03-10 | 1997-03-14 |
| WELSBY, John Kay | Director | 1999-10-01 | 2007-12-31 |
| WESTLAKE, Jeremy William | Director | 2025-04-01 | 2025-09-25 |
| WHITEHORN, William Elliot | Director | 1998-08-12 | 1998-10-06 |
| WILDEN, Nichola Jane | Director | 2011-06-01 | 2019-08-11 |
| ZIEVE, Jon Doron | Director | 1995-12-12 | 1997-07-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Network Rail Infrastructure Limited | Corporate entity | Shares 75–100%, ownership-of-shares-75-to-100-percent-as-trust, ownership-of-shares-75-to-100-percent-as-firm, Voting 75–100%, voting-rights-75-to-100-percent-as-trust, voting-rights-75-to-100-percent-as-firm, Appoints directors | 2025-04-01 | Active |
| Secretary Of State For Transport | Legal person | Significant influence | 2016-09-08 | Active |
Filing timeline
Last 20 of 325 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-12-18 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-04-27 | PSC06 | persons-with-significant-control | Change to a person with significant control | |
| 2026-04-27 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-14 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-14 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-05 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-18 | CERTNM | change-of-name | Certificate change of name company | |
| 2025-12-05 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-11-10 | SH01 | capital | Capital allotment shares | |
| 2025-10-20 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-30 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-25 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-11 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-09-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-22 | AA | accounts | Accounts with accounts type group | |
| 2025-08-13 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-05-13 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-13 | PSC02 | persons-with-significant-control | Notification of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 1
- Officers appointed
- 5
- Officers resigned
- 6
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
+6.3%
£21,448,000 £22,795,000
-
Cash
-19.8%
£56,409,000 £45,239,000
-
Net assets
-5.6%
£222,926,000 £210,414,000
-
Employees
-10.5%
57 51
-
Operating profit
+47%
-£24,853,000 -£13,181,000
-
Profit before tax
+47.1%
-£23,679,000 -£12,520,000
-
Wages
+1.5%
£3,999,000 £4,059,000
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