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Llangollen Railway Trust Limited

03040336

active
PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

THE STATION, LLANGOLLEN, LL20 8SN
Incorporated 31/03/1995

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 31/07/2025

Due 14/08/2026

On track

Industry

33170
Repair and maintenance of other transport equipment
49390
Other passenger land transport
91030
Operation of historical sites and buildings and similar visitor attractions

Officers

Mr. Robert John Creasey

director · Since 03/10/2020

RETIRED BUSINESS ANALYST

BRITISH · UNITED KINGDOM · Age 72

Also on 2 other boards

Mr. Robert John Creasey

secretary · Since 03/10/2020

Also on 2 other boards

Mrs Maureen Theobald

director · Since 18/02/2023

RETIRED SPECIALIST PRACTITIONER

BRITISH · UNITED KINGDOM · Age 73

Mr Peter Read Brewer

director · Since 15/04/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 62

Mr Ronald Thomas Eric Carter

director · Since 21/09/2024

LAWYER

BRITISH · WALES · Age 68

Also on 1 other board

Ian Andrew Lebbon

director · Since 18/03/2025

RETIRED LOCAL GOVERNMENT OFFICER

BRITISH · WALES · Age 79

Mr. Paul Llewellyn Aston

director · Since 18/03/2025

RETIRED

BRITISH · UNITED KINGDOM · Age 79

Persons with Significant Control

Mr. Robert John Creasey

significant-influence-or-control-as-trust

British · United Kingdom · Age 72

The Station, Llangollen, LL20 8SN

Notified 12/10/2020

Mrs Maureen Theobald

Significant control

British · England · Age 73

The Station, Llangollen, LL20 8SN

Notified 31/03/2025

Former PSCs

Mr Peter Drummond Lund

Ceased 01/06/2018

Mrs Elizabeth Anne Mcguinness

Ceased 26/09/2020

Mr Philip Henry Freeth

Ceased 30/03/2025

Mr Peter James Edwards

Ceased 08/11/2024

Mr Philip John Coles

Ceased 09/01/2025

Mr Richard Abbott

Ceased 12/12/2023

Charges0 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 28/01/2003Registered 30/01/2003Satisfied 01/06/2021
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 24/10/2002Registered 25/10/2002Satisfied 08/12/2020

CompanyRankvs 24+ SIC 33170 peers
79

Financial strength97th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.8× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going con

Key FinancialsYear ending 31/12/2024

Net Worth

£1.3M

Balance sheet strength

Cash

£248k

Cash in the bank

Net Current Assets

£203k

Working capital

Current Assets

£316k

Current Liabilities

£113k

Fixed Assets

£1.1M

Debtors

£45k

23avg. employees+3

People Costs

Wages & salaries£529k
NI contributions£38k

Balance Sheet

Intangible assets£6k
Assets less current liabilities£1.3M
Interest receivable£4k
Signed by R J CreaseyPrepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.80-£152k
20232.15+£436k
20224.15+£258k
20217.07+£379k
20201.23-£32k
20180.12

Derived from filed accounts. Not audited figures.