NETWORK RAIL LIMITED - Profile & Financials

Accounts Submitted 31 Jul 2025

Confirmation Statement Submitted 1 Oct 2025

Net assets £20996.00M £2534.00M 2024 year on year

Total assets £93078.00M £2901.00M 2024 year on year

Total Liabilities £72082.00M £367.00M 2024 year on year

Charges None No charges registered

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Contact & Details

Contact

Update Details

Registered Address

Waterloo General Office London SE1 8SW United Kingdom

Office ()

Glasgow, Glasgow City, United Kingdom, Europe

Telephone

0345 711 4141

Website

scotlandsrailway.com

Credit Report

Discover NETWORK RAIL LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2024

Type Total Exemption Full

Next accounts 31 December 2025

Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2014–2024)

Cash in Bank

£595.00M

Increased by £167.00M (+39%)

Net Assets

£20996.00M

Increased by £2534.00M (+14%)

Total Liabilities

£72082.00M

Increased by £367.00M (+1%)

Turnover

£11345.00M

Decreased by £235.00M (-2%)

Employees

41331

Increased by 365 (+1%)

Debt Ratio

77%

Decreased by 3 (-4%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2024 Dec Year End	2023 Dec Year End
P&L
Revenue	£142.3M	£128.7M
Gross Profit	£48.2M	£43.1M
Operating Profit	£22.4M	£19.8M
Net Profit	£18.1M	£15.9M
EBITDA	£31.5M	£28.2M
Assets
Cash	£24.7M	£21.3M
Total Assets	£89.4M	£82.1M
Liabilities
Total Liabilities	£45.2M	£41.8M
Key Metrics
Employees	1,247	1,156

Latest Revenue

£142.3M

Latest EBITDA

£31.5M

Cash Position

£24.7M

Funding

Fundraising & Grants

£1.9m awarded

Show:

Investors (0)

No investor information available

Officers

14 active 46 resigned

Show resigned officers

						Status
Carolyn Louise Battersby	Director	British	United Kingdom	50	29 Nov 2024	Active
David Michael Noyes	Director	British	United Kingdom	63	6 Jul 2018	Active
Diane Perry	Director	English	United Kingdom	62	24 Jun 2024	Active
Fiona Ross	Director	Irish	Ireland	60	11 May 2020	Active
Ismail Amla	Director	British	England	60	1 Apr 2021	Active
James Mark Bayley	Director	British	United Kingdom	65	11 May 2020	Active
Jeremy William Westlake	Director	British	England	60	24 Feb 2016	Active
Michael Colin Putnam	Director	British	England	65	8 Jan 2018	Active

Shareholders

Shareholders (0)

No shareholder data available

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Secretary Of State For Transport

United Kingdom

Active

Notified 6 Apr 2016

Nature of Control

Voting Rights 75 To 100 Percent
Right To Appoint And Remove Directors

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Group Structure

NETWORK RAIL LIMITED Current Company

GREAT BRITISH RAILWAYS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

NETWORK RAIL HOLDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

NETWORK RAIL ONE LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

RAILWAY SAFETY united kingdom voting rights 75 to 100 percent, appoint/remove directors

RAILWAY SAFETY & STANDARDS united kingdom voting rights 75 to 100 percent, appoint/remove directors

Charges

No charges registered

Documents

Company Filings

Date	Category	Description	Document
20 Oct 2025	Officers	Termination of Andrew Haines as director on 2025-10-17	View(1 page)
20 Oct 2025	Officers	Appointment of Mr Paul Daniel Marshall as director on 2025-10-18	View(2 pages)
1 Oct 2025	Confirmation Statement	Confirmation statement made on 2025-09-10 with no updates	View(3 pages)
6 Aug 2025	Officers	Appointment of Carolyn Louise Battersby as director	View(6 pages)
31 Jul 2025	Accounts	Annual accounts made up to 2025-03-31	View(227 pages)