East Lancashire Railway Preservation Society Limited
11773904
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 22/04/2022
DIRECTOR
BRITISH · ENGLAND · Age 70
Also on 1 other board
director · Since 27/02/2025
RETIRED
BRITISH · ENGLAND · Age 65
Also on 2 other boards
CompanyRankvs 26379+ SIC 96090 peers54
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
the Trustees have a reasonable expectation that the Society has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the Trustees continue to adopt the going concern basis in preparing the financial statements. No material uncertainties have been identified that may cast significant doubt on the Society’s ability to continue as a going concern. Structure
Key FinancialsYear ending 31/12/2025
Net Worth
£115k
Balance sheet strength
Cash
£231k
Cash in the bank
Net Current Assets
£199k
Working capital
Current Assets
£241k
Current Liabilities
£42k
Debtors
£9k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 5.72 | +£62k |
| 2021 | 21.19 | +£32k |
| 2020 | 118.19 | -£45k |
| 2019 | 4.98 | — |
Derived from filed accounts. Not audited figures.