UK Companies House feature
VALLEY RAIL LEASING NO.1 LIMITED
Profile
- Company number
- 11587362
- Status
- Active
- Incorporation
- 2018-09-25
- Last accounts made up
- 2025-03-31
- Account category
- FULL
- Primary SIC
- 64910
- Hubs
- UK Fintech
Accounts
Pending extraction
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Notwithstanding the loss for the year and the net liabilities position, the Directors consider it appropriate to prepare the financial statements on a going concern basis. ... Based on the forecasts, stress testing and the availability of group support, the Directors are satisfied that the Company has adequate resources to continue in operational existence for at least 12 months from the date of approval of these financial statements and have concluded that there are no material uncertainties related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern.”
Significant events
- “The shares in the company, which were previously owned by SMBC Leasing (UK) Limited, were transferred to a new company, Mithras Rail Holdings Limited, via a share for share exchange on 14 March 2024.”
- “During the year, the directors reassessed the accounting for interest-free loans advanced to LLPs. Historically, fair value was determined on the assumption that LLP distributions would repay the original loan amount shortly after partner payments commenced. However, following IFRS 9 guidance, external technical advice, and alignment with LLP cash-flow expectations, the repayment horizon should have been reassessed as significantly longer and has been extended from 5 years to 20 years.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
4 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BUTCHER, Lawrence James | Director | 2018-09-25 | Dec 1968 | British |
| JORDAN, David Michael | Director | 2024-03-14 | Mar 1973 | British |
| LAM, Ada Lok Tung | Director | 2025-01-31 | Feb 1991 | British |
| LOWE, Alan Edward | Director | 2024-03-14 | Jan 1968 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ABE, Takashi | Director | 2023-11-03 | 2024-03-14 |
| BARNSLEY, Lee Lawrence | Director | 2018-10-02 | 2023-11-03 |
| COX, Julian Aurel Christopher | Director | 2024-03-14 | 2024-10-31 |
| ICHIKAWA, Naoyuki | Director | 2022-08-24 | 2024-01-30 |
| MITTON, Antony Edward | Director | 2018-09-25 | 2024-03-14 |
| RUTHERFORD, Mark Jeremy | Director | 2018-10-02 | 2022-08-24 |
| WARD, David Allen | Director | 2018-10-02 | 2019-06-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mithras Rail Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-03-13 | Active |
| Smbc Leasing (Uk) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-09-25 | Ceased 2024-03-13 |
Filing timeline
Last 20 of 48 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-14 | CS01 | confirmation-statement | confirmation statement with updates |
| 2026-01-04 | AA | accounts | accounts with accounts type full |
| 2025-04-15 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-02-04 | AP01 | officers | appoint person director company with name date |
| 2024-12-16 | AA | accounts | accounts with accounts type full |
| 2024-11-05 | TM01 | officers | termination director company with name termination date |
| 2024-09-10 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2024-09-10 | AD01 | address | change registered office address company with date old address new address |
| 2024-04-16 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-03-25 | TM01 | officers | termination director company with name termination date |
| 2024-03-25 | TM01 | officers | termination director company with name termination date |
| 2024-03-25 | AP01 | officers | appoint person director company with name date |
| 2024-03-25 | AP01 | officers | appoint person director company with name date |
| 2024-03-25 | AP01 | officers | appoint person director company with name date |
| 2024-03-14 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2024-03-14 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-02-12 | TM01 | officers | termination director company with name termination date |
| 2023-12-05 | AA | accounts | accounts with accounts type full |
| 2023-11-07 | AP01 | officers | appoint person director company with name date |
| 2023-11-07 | TM01 | officers | termination director company with name termination date |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory