UNIPART RAIL LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-15 (in 10mo)
Last made up 2026-03-01
Watchouts
None on the register
Cash
£456K
-86.9% vs 2023
Net assets
£94M
-7.9% vs 2023
Employees
645
+0.6% vs 2023
Profit before tax
£4M
+2.4% vs 2023
Name history
Renamed 1 time since incorporation
- UNIPART RAIL LIMITED 2006-12-01 → present
- RAILPART (UK) LIMITED 1995-03-22 → 2006-12-01
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 | £128,521,000 | £111,240,000 | |
| Operating profit | £2,900,000 | £2,950,000 | |
| Profit before tax | £4,340,000 | £4,446,000 | |
| Net profit | £3,130,000 | £4,517,000 | |
| Cash | £3,488,000 | £456,000 | |
| Total assets less current liabilities | £103,139,000 | £95,215,000 | |
| Net assets | £102,531,000 | £94,482,000 | |
| Equity | £102,531,000 | £94,482,000 | |
| Average employees | 641 | 645 | |
| Wages | £26,027,000 | £26,272,000 |
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 | 2.3% | 2.7% | |
| Net margin | 2.4% | 4.1% | |
| Return on capital employed | 2.8% | 3.1% | |
| Current ratio | 3.43x | 4.46x | |
| Interest cover | 3.89x | 3.48x |
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
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Board has a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. For this reason, the directors continue to adopt the going concern basis in preparing the financial statements, which are shown on pages 12-40. In considering going concern, the directors have reviewed the cash flow requirements of the Company and Group, both under normal circumstances and reflecting the current assessment of the severe but plausible downside scenarios... Based on these assessments, the Board has a reasonable expectation that the Company and Group have adequate resources to continue in operational existence for the foreseeable future.”
Group structure
- UNIPART RAIL LIMITED · parent
- Unipart Rail Logistics Limited 100%
- Unipart Malaysia Sdn Bhd 100%
- Unipart Services Canada Inc 100%
- UGL Unipart Rail Services Pty Limited 30%
- Lucchini Unipart Rail Limited 40%
- Unipart Rail ARC Middle East LLC 50%
- Dorman Traffic Products Limited 100%
- Dorman Traffic Products Pension Trustees Limited 100%
- Lucchini UK Limited 40%
- Rail Supply Chain Services Malaysia Sdn Bhd 100%
Significant events
- “An exceptional credit of £1,845,000 was reported in 2024 related to the profit on disposal of Unipart Group Australia Pty Limited to Unipart Group Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 27 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| THORNTON, Benjamin Lascelles | Secretary | 2024-03-01 | — | — |
| JACKSON, Richard Ian | Director | 2023-06-30 | Mar 1971 | British |
| LEIGH, Darren Peter | Director | 2020-05-01 | Apr 1972 | British |
| LEUNG, Alex Raymond | Director | 2024-08-31 | May 1974 | British |
| MCGORMAN, David Martin, Dr | Director | 2025-02-04 | May 1980 | British |
| WELDON, Christopher James | Director | 2019-02-01 | Feb 1978 | British |
Show 27 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HEWETT, Peter Graham | Nominee Secretary | 1995-03-22 | 1997-03-06 |
| O'BRIEN, Robert Paul David | Secretary | 2015-06-01 | 2021-07-31 |
| RIMMER, Michael Douglas | Secretary | 1997-03-06 | 2015-06-01 |
| RUSSELL, Tanya | Secretary | 2021-09-06 | 2024-03-01 |
| CHITTY, Jonathan | Director | 2016-07-01 | 2020-04-30 |
| CLAYTON, John David | Director | 1997-10-08 | 2018-06-30 |
| DAVIES, Christopher David | Director | 2007-03-26 | 2009-06-10 |
| DESSAIN, Paul Mark | Director | 2004-12-07 | 2016-07-01 |
| FRODSHAM, Robert | Director | 1995-05-31 | 1996-02-09 |
| HEWETT, Peter Graham | Nominee Director | 1995-03-22 | 1997-03-06 |
| JACKSON, Graham Martin | Director | 2007-03-26 | 2019-12-05 |
| JOHNSTONE, Thomas George | Director | 2004-12-07 | 2021-08-13 |
| MARCHANT, George Ernest | Director | 1997-03-05 | 1997-03-06 |
| MARSH, David | Director | 1995-05-31 | 1996-03-18 |
| MCNICHOLAS, Neil Dominic Peter | Director | 2021-07-22 | 2025-01-23 |
| MILNE, John David | Director | 1995-05-31 | 1996-10-31 |
| MOFFAT, David Muirhead | Director | 1997-03-06 | 1998-12-07 |
| MOURGUE, Anthony John | Director | 1997-03-06 | 2018-12-31 |
| NEILL, John Mitchell | Director | 2008-09-09 | 2024-08-31 |
| OBRIEN, Ian James | Director | 1996-10-31 | 1997-03-06 |
| PORTER, Ralph Anthony | Director | 1997-03-05 | 1997-03-06 |
| ROCHE, Anthony Douglas | Director | 1995-05-31 | 1997-03-06 |
| THOMPSON, Peter Charles Mechlin | Director | 1997-03-06 | 1997-05-19 |
| TILLIER, George James | Director | 2013-09-10 | 2019-02-28 |
| TRAVERS, Noel James | Director | 2016-09-14 | 2020-07-15 |
| WALKER, Christopher Neil | Director | 2020-10-28 | 2021-06-08 |
| WOOD, Richard John | Director | 1995-03-22 | 1997-02-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Unipart Rail Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 172 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-12 | AA | accounts | Accounts with accounts type group | |
| 2025-03-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-06 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-05 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-03 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-18 | AA | accounts | Accounts with accounts type group | |
| 2024-03-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-01 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-03-01 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-08-23 | CH01 | officers | Change person director company with change date | |
| 2023-07-11 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-23 | AA | accounts | Accounts with accounts type group | |
| 2023-05-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-05-16 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-05-16 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-03-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-28 | AA | accounts | Accounts with accounts type group | |
| 2022-03-01 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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
-13.4%
£128,521,000 £111,240,000
-
Cash
-86.9%
£3,488,000 £456,000
-
Net assets
-7.9%
£102,531,000 £94,482,000
-
Employees
+0.6%
641 645
-
Operating profit
+1.7%
£2,900,000 £2,950,000
-
Profit before tax
+2.4%
£4,340,000 £4,446,000
-
Wages
+0.9%
£26,027,000 £26,272,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers