RAIL STONE SOLUTIONS LIMITED

1. RAIL STONE SOLUTIONS LIMITED 2018-02-07 → present
2. HS2 AGGREGATES LIMITED 2016-11-02 → 2018-02-07

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

Cooper Parry Group Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements are prepared on a going concern basis, with the company reporting a profit before tax of £7.5m for the financial year (year to January 2024: £10.2m), net current assets of £12.8m (January 2024: £8.8m) and net assets of £6.8m (January 2024: £1.2m). The group meets its day-to-day working capital requirements from its bank facilities which are committed until 2028. The group have confirmed their continuing financial support for the company's activities, confirming it will continue to make available such funds as are needed by the company and will not seek repayment of the amounts currently made available. The group will continue to support the company via intercompany loans.”

Significant events

• “During the year, £5.5m was recognised relating to onerous contract costs, following a commitment on another group entity site.”
• “A debenture including fixed and floating charges over all property or undertakings of the company has been registered in relation to the bank borrowings of the ultimate parent company which total £16,943,000 (2024: £14,917,000).”
• “The company is party to a group VAT registration and is therefore jointly and severally liable for the total amounts due to HM Revenue and Customs by all group companies included within that registration. At the year end £1,010,000 was due to HMRC (2024: £Nil due to HMRC).”

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

  -16.3%

  £157,099,000 → £131,512,000

• Cash

  +51,825%

  £4,000 → £2,077,000

• Net assets

  +484.9%

  £1,156,000 → £6,761,000

• Employees

  +13.3%

  15 → 17

• Operating profit

  -28%

  £10,507,000 → £7,561,000

• Profit before tax

  -26.9%

  £10,211,000 → £7,466,000

• Wages

  +92.3%

  £845,000 → £1,625,000

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