west coast trains limited
west coast trains limited Company Information
Company Number
03007940
Next Accounts
Sep 2025
Shareholders
virgin rail group ltd
Group Structure
View All
Industry
Passenger rail transport, interurban
Registered Address
whitfield studios, 50a charlotte street, london, W1T 2NS
Website
westcoastchristmasshow.comwest coast trains limited Estimated Valuation
Pomanda estimates the enterprise value of WEST COAST TRAINS LIMITED at £706.4k based on a Turnover of £380k and 1.86x industry multiple (adjusted for size and gross margin).
west coast trains limited Estimated Valuation
Pomanda estimates the enterprise value of WEST COAST TRAINS LIMITED at £1.9m based on an EBITDA of £360k and a 5.38x industry multiple (adjusted for size and gross margin).
west coast trains limited Estimated Valuation
Pomanda estimates the enterprise value of WEST COAST TRAINS LIMITED at £1.3m based on Net Assets of £502k and 2.63x industry multiple (adjusted for liquidity).
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West Coast Trains Limited Overview
West Coast Trains Limited is a live company located in london, W1T 2NS with a Companies House number of 03007940. It operates in the passenger rail transport, interurban sector, SIC Code 49100. Founded in January 1995, it's largest shareholder is virgin rail group ltd with a 100% stake. West Coast Trains Limited is a mature, micro sized company, Pomanda has estimated its turnover at £380k with declining growth in recent years.
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West Coast Trains Limited Health Check
Pomanda's financial health check has awarded West Coast Trains Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
6 Weak
Size
annual sales of £380k, make it smaller than the average company (£2.7m)
£380k - West Coast Trains Limited
£2.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -66%, show it is growing at a slower rate (3.2%)
-66% - West Coast Trains Limited
3.2% - Industry AVG
Production
with a gross margin of 28%, this company has a comparable cost of product (28%)
28% - West Coast Trains Limited
28% - Industry AVG
Profitability
an operating margin of 94.7% make it more profitable than the average company (2.6%)
94.7% - West Coast Trains Limited
2.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (57)
- West Coast Trains Limited
57 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- West Coast Trains Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £126.7k, this is less efficient (£176.2k)
- West Coast Trains Limited
£176.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - West Coast Trains Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (23 days)
1 days - West Coast Trains Limited
23 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - West Coast Trains Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 105 weeks, this is more cash available to meet short term requirements (38 weeks)
105 weeks - West Coast Trains Limited
38 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.9%, this is a higher level of debt than the average (36.5%)
61.9% - West Coast Trains Limited
36.5% - Industry AVG
WEST COAST TRAINS LIMITED financials
West Coast Trains Limited's latest turnover from December 2023 is £380 thousand and the company has net assets of £502 thousand. According to their latest financial statements, we estimate that West Coast Trains Limited has 3 employees and maintains cash reserves of £1.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 380,000 | 233,000 | 520,000 | 9,893,000 | 881,370,000 | 1,243,166,000 | 1,165,194,000 | 1,139,455,000 | 1,068,668,000 | 1,018,704,000 | 951,132,000 | 895,750,000 | 929,246,000 | 797,246,000 | 720,944,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 360,000 | 433,000 | 6,472,000 | 10,443,000 | 34,916,000 | 51,258,000 | 63,143,000 | 65,097,000 | 65,706,000 | 51,912,000 | 3,783,000 | 20,370,000 | 36,329,000 | 52,569,000 | 68,282,000 |
| Interest Payable | 2,000 | 19,000 | 48,000 | 39,000 | 189,000 | 142,000 | 533,000 | 602,000 | 565,000 | 573,000 | |||||
| Interest Receivable | 24,000 | 9,000 | 40,000 | 292,000 | 868,000 | 1,560,000 | 810,000 | 1,078,000 | 1,494,000 | 351,000 | 331,000 | 404,000 | 508,000 | 3,708,000 | 551,000 |
| Pre-Tax Profit | 382,000 | 423,000 | 6,512,000 | 10,735,000 | 35,784,000 | 52,818,000 | 63,953,000 | 66,127,000 | 67,161,000 | 52,074,000 | 9,292,000 | 24,911,000 | 40,775,000 | 55,712,000 | 69,440,000 |
| Tax | -69,000 | -53,000 | -639,000 | -2,809,000 | -7,489,000 | -10,444,000 | -9,386,000 | -14,840,000 | -16,138,000 | -12,949,000 | -2,484,000 | -5,844,000 | -10,989,000 | -15,764,000 | -18,808,000 |
| Profit After Tax | 313,000 | 370,000 | 5,873,000 | 7,926,000 | 28,295,000 | 42,374,000 | 54,567,000 | 51,287,000 | 51,023,000 | 39,125,000 | 6,808,000 | 19,067,000 | 29,786,000 | 39,948,000 | 50,632,000 |
| Dividends Paid | 900,000 | 5,800,000 | 30,500,000 | 32,000,000 | 35,000,000 | 41,000,000 | 51,000,000 | 47,000,000 | 55,000,000 | 9,650,000 | 39,750,000 | 26,000,000 | 30,500,000 | 67,000,000 | |
| Retained Profit | -587,000 | -5,430,000 | -24,627,000 | -24,074,000 | -6,705,000 | 1,374,000 | 3,567,000 | 4,287,000 | -3,977,000 | 33,125,000 | -2,842,000 | -20,683,000 | 3,786,000 | 9,448,000 | -16,368,000 |
| Employee Costs | 144,000 | 471,000 | 147,071,000 | 202,172,000 | 192,057,000 | 180,290,000 | 180,141,000 | 168,876,000 | 157,392,000 | 150,259,000 | 148,865,000 | 129,098,000 | 134,904,000 | ||
| Number Of Employees | 3,366 | 3,350 | 3,289 | 3,272 | 3,179 | 3,068 | 2,973 | 2,915 | 2,886 | 2,912 | 2,995 | ||||
| EBITDA* | 360,000 | 433,000 | 6,472,000 | 10,443,000 | 34,916,000 | 51,258,000 | 63,143,000 | 65,097,000 | 65,706,000 | 52,114,000 | 4,413,000 | 21,068,000 | 38,457,000 | 55,234,000 | 69,869,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 21,277,000 | 19,598,000 | 202,000 | 305,000 | 840,000 | 2,948,000 | 5,275,000 | ||||||||
| Intangible Assets | 320,000 | 847,000 | |||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | 21,277,000 | 19,598,000 | 11,000 | 601,000 | 8,138,000 | ||||||||||
| Total Fixed Assets | 21,277,000 | 19,598,000 | 522,000 | 1,163,000 | 840,000 | 3,549,000 | 13,413,000 | ||||||||
| Stock & work in progress | 441,000 | 473,000 | 509,000 | 491,000 | 694,000 | 408,000 | |||||||||
| Trade Debtors | 501,000 | 1,798,000 | 77,852,000 | 59,837,000 | 59,081,000 | 54,608,000 | 60,826,000 | 45,841,000 | 41,257,000 | 38,295,000 | 25,930,000 | 45,495,000 | 39,038,000 | ||
| Group Debtors | 1,000 | 22,452,000 | 187,000 | 13,000 | 25,000 | 56,000 | 43,000 | 105,000 | 244,000 | 51,000 | 1,303,000 | 1,900,000 | 39,000 | ||
| Misc Debtors | 182,000 | 92,000 | 99,000 | 30,040,000 | 29,302,000 | 25,203,000 | 33,366,000 | 13,203,000 | 16,324,000 | 15,572,000 | 12,987,000 | 21,892,000 | 35,234,000 | 67,912,000 | |
| Cash | 1,318,000 | 2,970,000 | 10,755,000 | 25,952,000 | 94,638,000 | 116,906,000 | 86,529,000 | 75,125,000 | 96,720,000 | 105,448,000 | 56,770,000 | 71,214,000 | 69,672,000 | 55,882,000 | 75,815,000 |
| misc current assets | |||||||||||||||
| total current assets | 1,319,000 | 3,152,000 | 11,348,000 | 50,301,000 | 202,717,000 | 206,499,000 | 171,311,000 | 163,664,000 | 171,283,000 | 168,412,000 | 114,251,000 | 122,547,000 | 118,797,000 | 138,511,000 | 182,804,000 |
| total assets | 1,319,000 | 3,152,000 | 11,348,000 | 50,301,000 | 202,717,000 | 206,499,000 | 171,311,000 | 163,664,000 | 192,560,000 | 188,010,000 | 114,773,000 | 123,710,000 | 119,637,000 | 142,060,000 | 196,217,000 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 1,000 | 286,000 | 636,000 | 9,080,000 | 93,617,000 | 80,990,000 | 73,258,000 | 62,065,000 | 81,001,000 | 74,533,000 | 59,475,000 | 54,987,000 | 40,485,000 | 45,729,000 | 58,989,000 |
| Group/Directors Accounts | 261,000 | 77,000 | 344,000 | 2,285,000 | 2,105,000 | 4,433,000 | 3,905,000 | ||||||||
| other short term finances | 5,425,000 | ||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 646,000 | 937,000 | 2,603,000 | 7,272,000 | 31,499,000 | 61,170,000 | 40,491,000 | 47,318,000 | 57,992,000 | 62,470,000 | 30,507,000 | 38,993,000 | 27,220,000 | 42,666,000 | 91,403,000 |
| total current liabilities | 647,000 | 1,223,000 | 3,239,000 | 16,613,000 | 125,193,000 | 142,160,000 | 113,749,000 | 109,383,000 | 144,418,000 | 137,003,000 | 90,326,000 | 96,265,000 | 69,810,000 | 92,828,000 | 154,297,000 |
| loans | 21,000,000 | 21,000,000 | 21,000,000 | 21,000,000 | 21,000,000 | ||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 2,769,000 | 4,939,000 | |||||||||||||
| other liabilities | 4,272,000 | 5,517,000 | |||||||||||||
| provisions | 170,000 | 840,000 | 1,590,000 | 2,542,000 | 22,304,000 | 7,182,000 | 4,364,000 | 3,880,000 | 7,064,000 | 5,176,000 | 835,000 | 813,000 | 2,679,000 | 3,522,000 | 4,638,000 |
| total long term liabilities | 170,000 | 840,000 | 1,590,000 | 2,542,000 | 22,304,000 | 3,591,000 | 2,182,000 | 1,940,000 | 10,573,000 | 13,044,000 | 22,299,000 | 22,375,000 | 24,089,000 | 26,748,000 | 27,884,000 |
| total liabilities | 817,000 | 2,063,000 | 4,829,000 | 19,155,000 | 147,497,000 | 145,751,000 | 115,931,000 | 111,323,000 | 154,991,000 | 150,047,000 | 112,625,000 | 118,640,000 | 93,899,000 | 119,576,000 | 182,181,000 |
| net assets | 502,000 | 1,089,000 | 6,519,000 | 31,146,000 | 55,220,000 | 60,748,000 | 55,380,000 | 52,341,000 | 37,569,000 | 37,963,000 | 2,148,000 | 5,070,000 | 25,738,000 | 22,484,000 | 14,036,000 |
| total shareholders funds | 502,000 | 1,089,000 | 6,519,000 | 31,146,000 | 55,220,000 | 60,748,000 | 55,380,000 | 52,341,000 | 37,569,000 | 37,963,000 | 2,148,000 | 5,070,000 | 25,738,000 | 22,484,000 | 14,036,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 360,000 | 433,000 | 6,472,000 | 10,443,000 | 34,916,000 | 51,258,000 | 63,143,000 | 65,097,000 | 65,706,000 | 51,912,000 | 3,783,000 | 20,370,000 | 36,329,000 | 52,569,000 | 68,282,000 |
| Depreciation | 202,000 | 103,000 | 535,000 | 2,128,000 | 2,665,000 | 1,587,000 | |||||||||
| Amortisation | 527,000 | 163,000 | |||||||||||||
| Tax | -69,000 | -53,000 | -639,000 | -2,809,000 | -7,489,000 | -10,444,000 | -9,386,000 | -14,840,000 | -16,138,000 | -12,949,000 | -2,484,000 | -5,844,000 | -10,989,000 | -15,764,000 | -18,808,000 |
| Stock | -473,000 | -32,000 | -36,000 | 18,000 | -203,000 | 286,000 | 408,000 | ||||||||
| Debtors | -181,000 | -411,000 | -23,756,000 | -83,730,000 | 23,770,000 | 4,843,000 | -3,721,000 | -7,319,000 | 13,481,000 | 24,795,000 | 5,729,000 | 2,219,000 | -34,105,000 | -31,897,000 | 115,127,000 |
| Creditors | -285,000 | -350,000 | -8,444,000 | -84,537,000 | 20,359,000 | 7,732,000 | 11,193,000 | -18,936,000 | 6,468,000 | 15,058,000 | 4,488,000 | 14,502,000 | -5,244,000 | -13,260,000 | 58,989,000 |
| Accruals and Deferred Income | -291,000 | -1,666,000 | -4,669,000 | -24,227,000 | -8,992,000 | 20,679,000 | -6,827,000 | -13,443,000 | -6,648,000 | 36,902,000 | -8,486,000 | 11,773,000 | -15,446,000 | -48,737,000 | 91,403,000 |
| Deferred Taxes & Provisions | -670,000 | -750,000 | -952,000 | -19,762,000 | 17,940,000 | 2,818,000 | 484,000 | -3,184,000 | 1,888,000 | 4,341,000 | 22,000 | -1,866,000 | -843,000 | -1,116,000 | 4,638,000 |
| Cash flow from operations | -774,000 | -1,975,000 | 15,524,000 | -37,162,000 | 33,437,000 | 67,232,000 | 62,364,000 | 21,995,000 | 37,998,000 | 70,385,000 | -8,184,000 | 37,414,000 | 40,040,000 | 8,254,000 | 90,964,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -261,000 | 184,000 | 77,000 | -344,000 | -1,941,000 | 180,000 | -2,328,000 | 528,000 | 3,905,000 | ||||||
| Other Short Term Loans | -5,425,000 | 5,425,000 | |||||||||||||
| Long term loans | -21,000,000 | 21,000,000 | |||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -4,272,000 | -1,245,000 | 5,517,000 | ||||||||||||
| share issue | |||||||||||||||
| interest | 22,000 | -10,000 | 40,000 | 292,000 | 868,000 | 1,560,000 | 810,000 | 1,030,000 | 1,455,000 | 162,000 | 189,000 | -129,000 | -94,000 | 3,143,000 | -22,000 |
| cash flow from financing | 22,000 | -10,000 | -221,000 | 476,000 | 7,490,000 | 5,554,000 | 282,000 | 1,818,000 | 9,218,000 | -12,975,000 | -1,832,000 | 66,000 | -2,954,000 | 2,671,000 | 55,287,000 |
| cash and cash equivalents | |||||||||||||||
| cash | -1,652,000 | -7,785,000 | -15,197,000 | -68,686,000 | 8,109,000 | 30,377,000 | 11,404,000 | -21,595,000 | -8,728,000 | 48,678,000 | -14,444,000 | 1,542,000 | 13,790,000 | -19,933,000 | 75,815,000 |
| overdraft | |||||||||||||||
| change in cash | -1,652,000 | -7,785,000 | -15,197,000 | -68,686,000 | 8,109,000 | 30,377,000 | 11,404,000 | -21,595,000 | -8,728,000 | 48,678,000 | -14,444,000 | 1,542,000 | 13,790,000 | -19,933,000 | 75,815,000 |
west coast trains limited Credit Report and Business Information
West Coast Trains Limited Competitor Analysis
Perform a competitor analysis for west coast trains limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other micro companies, companies in W1T area or any other competitors across 12 key performance metrics.
west coast trains limited Ownership
WEST COAST TRAINS LIMITED group structure
West Coast Trains Limited has no subsidiary companies.
Ultimate parent company
VIRGIN GROUP HOLDINGS LTD
#0023023
2 parents
WEST COAST TRAINS LIMITED
03007940
west coast trains limited directors
West Coast Trains Limited currently has 4 directors. The longest serving directors include Mr Neil Micklethwaite (Nov 2019) and Mr Robert Blok (Mar 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Neil Micklethwaite | England | 51 years | Nov 2019 | - | Director |
| Mr Robert Blok | United Kingdom | 49 years | Mar 2020 | - | Director |
| Mr Andrew Gibbs | England | 36 years | Mar 2020 | - | Director |
| Mr Bruce Dingwall | United Kingdom | 42 years | May 2023 | - | Director |
P&L
December 2023turnover
380k
+63%
operating profit
360k
-17%
gross margin
28%
+4.1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
502k
-0.54%
total assets
1.3m
-0.58%
cash
1.3m
-0.56%
net assets
Total assets minus all liabilities
west coast trains limited company details
company number
03007940
Type
Private limited with Share Capital
industry
49100 - Passenger rail transport, interurban
incorporation date
January 1995
age
30
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
intercity west coast limited (March 1997)
accountant
-
auditor
MILSTED LANGDON LLP
address
whitfield studios, 50a charlotte street, london, W1T 2NS
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
west coast trains limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 4 charges/mortgages relating to west coast trains limited. Currently there are 0 open charges and 4 have been satisfied in the past.
west coast trains limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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west coast trains limited Companies House Filings - See Documents
| date | description | view/download |
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