WENSLEYDALE RAILWAY PLC

1. WENSLEYDALE RAILWAY PLC 2000-11-06 → present
2. LIMCO SEVENTY ONE LIMITED 2000-10-20 → 2000-11-06

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)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Armstrong Watson Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“These financial statements are prepared on the going concern basis. The directors have a reasonable expectation that the company will continue in operational existence for the foreseeable future but the directors are aware of significant material uncertainties which may cast doubt an the company's ability to continue as a going concern.”

Significant events

• “A significant issue over the past year has been the requirement for the Wensleydale Railway (in common with all heritage railways in the UK) to abide by the Office of Road and Rail (ORR) led Risk Management Maturity Model guidelines, commonly known by the acronym RM3.”
• “One outcome from the assessments has been a recommendation to change the arrangements between the Wensleydale Railway PLC (the Company) and the Wensleydale Railway Association (Trust) Ltd (the Trust) so that the two organisations are more clearly separately operated and managed.”
• “Work to allow services to return to Redmire has dominated the efforts of the infrastructure teams throughout the year and is likely to continue to dominate for a further year or more. The biggest issue, which involved slewing a large section of the track and the required earthworks and drainage systems, ballasting, etc was completed and the track generally has been improved greatly as far as Wensley”
• “A large project this year has been the restoration of the Primrose crossing, near Newton le Willows which was successfully completed. Drainage issues were severe in that area and required a great deal of restorative work but all was completed between the end of "normal" operations and before the start of Polar - a great achievement.”
• “The Railway has taken delivery of the ex Hope Cement Works Sentinel locomotive and the newly purchased class 47. After some initial checks, the Sentinel was started and put into traffic working over the Industrial Diesel weekend, taking passengers on brake van rides between Leeming Bar and Scruton.”
• “The Direct Works Team is now being managed by Richard Leathley; they have been very much involved this year, for example in building the supports for and the installation of the new "chocolate" catering cabin (primarily required for hot chocolate drinks preparation during Polar, but also of valuable support for events such as fish and chip trains).”
• “The Polar Express has proven to be very beneficial for the railway and a new five-year agreement has been signed with PNP Events.”
• “A new electronic system for signing on/off will be introduced on 1 January 2026. Staff will be able to sign on using terminals at the usual locations, via new smart phones for crossing keepers, train crew and infrastructure PICOWs, or using their own smart phones.”
• “During the current financial year, if the funds can be found, it is intended to build an "ash pit" in the Leeming Bar yard to support the operation primarily of the steam engine used for Polar, but also for any future attendance of steam locos.”
• “A platform extension is being constructed at Leeming Bar to allow for an additional coach on our Polar Express trains, although will also be useful for other events where public interest is high.”

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

Filings

12

last 12 months

Capital events

3

last 24 months

Officers appointed

2

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

  -11.5%

  £659,104 → £583,524

• Cash

  +9.4%

  £239,292 → £261,867

  highest in 8 filed years

• Net assets

  -8.6%

  £2,297,694 → £2,100,079

• Employees

  +12.5%

  8 → 9

  highest in 5 filed years

• Operating profit

  -55.5%

  £284,897 → £126,920

  first positive since 2022

• Profit before tax

  -55%

  £285,945 → £128,586

  first positive since 2022

• Wages

  +14.9%

  £97,154 → £111,665

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