ATOC LIMITED

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

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company has net assets before pension obligations of £1,069,000 (2024: net assets before pension obligations of £788,000), the impact of the net pension deficit results in net liabilities of £1,576,000 (2024: liability of £3,556,000). Through the mechanism of the Association Schemes, the members are obliged to fund all liabilities in the Association and its companies and if a pension deficit arises, it will be covered by increased employer and employee contributions, through a plan agreed with the Pension Trustees. The Department for Transport (DfT) has provided assurance that the ATOC Limited section of the RPS will continue to have an employer to support it in the future. To ensure that the Company has the ability to settle liabilities as they become due, the Company conducts a regular cashflow assessment that is reviewed by management. Accordingly, the financial statements are prepared on a going concern basis as the company's management believes that it will be able to meet all its liabilities as they fall due for payment.”

Significant events

• “On 20 February 2024, the government published the draft Rail reform Bill, describing the Bill as a key part of their vision for the future of our railways, detailing how the proposals will leverage private sector innovation to deliver a better service overseen by Great British Railways (GBR) which will be acting as the 'Guiding Mind' of the rail industry. On 18th February 2025, the government announced further plans into Great British Railway (GBR) and launched a consultation to gather views on these plans. Detailed plans from 'A railway fit for Britain's future' states that Rail Delivery Group will be incorporated into GBR. Consultation on these plans closed on 15th April 2025.”
• “ATOC is aware of a case which has been brought against the company by a former employee via the Employment Tribunal. The liability, as stated by the claimant is circa £100,000. There is potentially a second case in relation to an individual previously employed by ATOC, the details of this claim and the potential outcome are currently uncertain. The potential cost of these claims has been recognised in the financial statements and an amount of £200,000 has been set aside as a provision.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  +17.4%

  £62,218,000 → £73,031,000

• Cash

  +74.4%

  £67,041,000 → £116,911,000

• Net assets

  +55.7%

  -£3,556,000 → -£1,576,000

• Employees

  +10.5%

  332 → 367

• Operating profit

  -134.6%

  -£803,000 → -£1,884,000

• Profit before tax

  -178.3%

  -£152,000 → -£423,000

• Wages

  +21.1%

  £21,679,000 → £26,260,000

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