COLAS RAIL LIMITED

1. COLAS RAIL LIMITED 2007-06-28 → present
2. AMEC SPIE RAIL (UK) LIMITED 2003-07-23 → 2007-06-28
3. AMEC RAIL LIMITED 1996-09-19 → 2003-07-23
4. SOUTH WEST INFRASTRUCTURE MAINTENANCE COMPANY LIMITED 1994-11-28 → 1996-09-19

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 101

Reporting scope

Consolidated group

Auditor

Forvis Mazars 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 trading for a period of at least 12 months from the date of these financial statements. The directors have assessed the Company's resilience in the face of the notable events, such as continued turbulence in the UK and worldwide macro-economic environment. The directors have reviewed the order book, the cash flow forecasts, and the growth drivers of the business. In stress tests, cash inflows and therefore revenues would need to reduce materially in the 12 months from the period of signing this annual report before it would be necessary to take additional actions. Accordingly, the directors have continued to adopt the going concern basis in preparing the financial statements. The Company's directors have assessed that there are no material uncertainties that may cast significant doubt on the ability of the Company to continue as a going concern, including the impact of the ongoing situation with Ukraine. Thus, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”

Significant events

• “Significant TUPE transfer of staff in March and April 2024.”
• “A second Journey to Net Zero Supplier conference took place in 2024.”
• “Company waived £15,000,000 of the loan due to it from its parent company Colas Rail Holdings Limited. This was recorded as a dividend in specie in Colas Rail Holdings Limited.”
• “Company paid a dividend of £4,500 per share, amounting to £45,000,000, to its parent company Colas Rail Holdings Limited.”

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

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +5.5%

  £403,684,000 → £425,764,000

• Cash

  +51.2%

  £15,942,000 → £24,098,000

• Net assets

  -30.2%

  £141,072,000 → £98,445,000

• Employees

  -1.4%

  1,454 → 1,434

• Operating profit

  +24.5%

  £19,731,000 → £24,574,000

• Profit before tax

  +5.1%

  £27,883,000 → £29,310,000

• Wages

  +3.9%

  £100,145,000 → £104,030,000

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