RAIL HOLDINGS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-03-31
Overdue
Watchouts
Cash
£14M
Latest balance sheet
Net assets
£33M
Equity attributable
Employees
57
Average over period
Profit before tax
£6M
Period ending 2024-12-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-03-31.
Name history
Renamed 2 times since incorporation — the current trading name was adopted 2025-06-25
- RAIL HOLDINGS LIMITED 2025-06-25 → present
- FLEXIBLE ENGINEERED SOLUTIONS LIMITED 2004-05-06 → 2025-06-25
- PALEDRAGON LIMITED 2004-03-17 → 2004-05-06
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 | £55,989,758 | £31,540,720 | |
| Operating profit | £10,829,972 | £6,408,034 | |
| Profit before tax | £10,917,276 | £6,338,034 | |
| Net profit | £8,619,064 | £4,910,459 | |
| Cash | £8,225,160 | £14,370,125 | |
| Total assets less current liabilities | £29,594,370 | £33,501,405 | |
| Net assets | £29,563,167 | £33,473,626 | |
| Equity | £29,563,167 | £33,473,626 | |
| Average employees | 57 | 57 | |
| Wages | £3,840,354 | £2,807,101 |
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 | 19.3% | 20.3% | |
| Net margin | 15.4% | 15.6% | |
| Return on capital employed | 36.6% | 19.1% | |
| Current ratio | 3.41x | 7.53x | |
| Interest cover | — | 32.02x |
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
- Standalone (parent only)
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors intend to retain the company as a non-trading holding company for the foreseeable future and in their assessment the company has adequate resources to continue in existence for 12 months from the date of approval of these financial statements. As such, these financial statements have been prepared on a going concern basis.”
Significant events
- “On 23 June 2025 the company's immediate and ultimate parent undertakings were sold to Hunting Plc and the company left the group controlled by Flexible Engineered Solutions (Group) Holdings Limited. The Company will continue as a non-trading holding company.”
- “On 25 June 2025, the company changed its name from Flexible Engineered Solutions Limited to Rail Holdings Limited. The company's operations were primarily transferred at that date, however, current contracts which the company has with its customers will continue to be traded through the company. Therefore, the trade of the company will continue until all ongoing contracts have been completed.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ANDERSON, Robert | Secretary | 2004-04-07 | — | British |
| ANDERSON, Robert | Director | 2004-04-07 | Feb 1967 | British |
| LATIMER, Ian | Director | 2004-04-07 | Aug 1965 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| JL NOMINEES TWO LIMITED | Corporate Nominee Secretary | 2004-03-17 | 2004-04-07 |
| OLIPHANT, Joseph | Director | 2010-04-14 | 2020-09-18 |
| JL NOMINEES ONE LIMITED | Corporate Nominee Director | 2004-03-17 | 2004-04-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Robert Anderson | Individual | Significant influence | 2016-04-06 | Ceased 2016-04-06 |
| Mr Ian Latimer | Individual | Significant influence | 2016-04-06 | Ceased 2016-04-06 |
| Flexible Engineered Solutions Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 87 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-07-01 RESOLUTIONS Resolution
- 2025-06-25 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-31 | AA | accounts | Accounts with accounts type full | |
| 2025-07-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-07-01 | RESOLUTIONS | resolution | Resolution | |
| 2025-07-01 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-06-25 | CERTNM | change-of-name | Certificate change of name company | |
| 2025-04-23 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-04-23 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-04-23 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-03-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-10 | AA | accounts | Accounts with accounts type full | |
| 2024-03-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-25 | AA01 | accounts | Change account reference date company previous extended | |
| 2023-05-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-04 | AA | accounts | Accounts with accounts type full | |
| 2022-08-03 | AA | accounts | Accounts with accounts type full | |
| 2022-04-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-20 | AA | accounts | Accounts with accounts type small | |
| 2021-05-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-11-03 | AA | accounts | Accounts with accounts type small | |
| 2020-09-22 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- 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