network rail limited

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network rail limited Company Information

Share NETWORK RAIL LIMITED

Company Number

04402220

Shareholders

-

Group Structure

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Industry

Passenger rail transport, interurban

 

Registered Address

waterloo general office, london, SE1 8SW

network rail limited Estimated Valuation

£42.5b

Pomanda estimates the enterprise value of NETWORK RAIL LIMITED at £42.5b based on a Turnover of £11.6b and 3.67x industry multiple (adjusted for size and gross margin).

network rail limited Estimated Valuation

£70.6b

Pomanda estimates the enterprise value of NETWORK RAIL LIMITED at £70.6b based on an EBITDA of £6.7b and a 10.61x industry multiple (adjusted for size and gross margin).

network rail limited Estimated Valuation

£48.5b

Pomanda estimates the enterprise value of NETWORK RAIL LIMITED at £48.5b based on Net Assets of £18.5b and 2.63x industry multiple (adjusted for liquidity).

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Network Rail Limited Overview

Network Rail Limited is a live company located in london, SE1 8SW with a Companies House number of 04402220. It operates in the passenger rail transport, interurban sector, SIC Code 49100. Founded in March 2002, it's largest shareholder is unknown. Network Rail Limited is a mature, mega sized company, Pomanda has estimated its turnover at £11.6b with healthy growth in recent years.

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Network Rail Limited Health Check

Pomanda's financial health check has awarded Network Rail Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs

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Health Rating4.5out of 5
positive_score

6 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £11.6b, make it larger than the average company (£7.3m)

£11.6b - Network Rail Limited

£7.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (8.1%)

6% - Network Rail Limited

8.1% - Industry AVG

production

Production

with a gross margin of 22.8%, this company has a comparable cost of product (22.8%)

22.8% - Network Rail Limited

22.8% - Industry AVG

profitability

Profitability

an operating margin of 35% make it more profitable than the average company (1.9%)

35% - Network Rail Limited

1.9% - Industry AVG

employees

Employees

with 40966 employees, this is above the industry average (108)

40966 - Network Rail Limited

108 - Industry AVG

paystructure

Pay Structure

on an average salary of £71k, the company has a higher pay structure (£56.8k)

£71k - Network Rail Limited

£56.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £282.7k, this is more efficient (£199.8k)

£282.7k - Network Rail Limited

£199.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 17 days, this is near the average (17 days)

17 days - Network Rail Limited

17 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 38 days, this is slower than average (23 days)

38 days - Network Rail Limited

23 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 15 days, this is less than average (21 days)

15 days - Network Rail Limited

21 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (21 weeks)

1 weeks - Network Rail Limited

21 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 79.5%, this is a higher level of debt than the average (61.9%)

79.5% - Network Rail Limited

61.9% - Industry AVG

NETWORK RAIL LIMITED financials

EXPORTms excel logo

Network Rail Limited's latest turnover from March 2024 is £11.6 billion and the company has net assets of £18.5 billion. According to their latest financial statements, Network Rail Limited has 40,966 employees and maintains cash reserves of £428 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover11,580,000,00010,014,000,0009,553,000,0009,618,000,0008,099,000,0006,676,000,0006,580,000,0006,259,000,0006,098,000,0006,087,000,0006,333,000,0006,197,000,0006,004,000,0005,712,000,0005,668,000,000
Other Income Or Grants
Cost Of Sales8,943,357,3277,560,297,4697,224,286,8478,103,102,2676,408,800,1555,115,115,8314,711,898,7374,377,202,5644,109,485,9934,291,314,2744,649,498,5724,700,275,8844,607,045,8834,048,712,7644,014,663,110
Gross Profit2,636,642,6732,453,702,5312,328,713,1531,514,897,7331,690,199,8451,560,884,1691,868,101,2631,881,797,4361,988,514,0071,795,685,7261,683,501,4281,496,724,1161,396,954,1171,663,287,2361,653,336,890
Admin Expenses-1,413,357,327-509,297,469-630,286,847-1,667,102,267-631,800,155127,884,16919,101,263-114,202,564381,514,00760,685,726-317,498,572-710,275,884-950,045,883-374,712,764-339,663,110
Operating Profit4,050,000,0002,963,000,0002,959,000,0003,182,000,0002,322,000,0001,433,000,0001,849,000,0001,996,000,0001,607,000,0001,735,000,0002,001,000,0002,207,000,0002,347,000,0002,038,000,0001,993,000,000
Interest Payable2,619,000,0004,198,000,0002,844,000,0001,741,000,0002,170,000,0002,200,000,0002,233,000,0001,692,000,0001,322,000,0001,338,000,0001,386,000,0001,542,000,0001,495,000,0001,618,000,0001,292,000,000
Interest Receivable15,000,0003,000,0001,000,0001,000,0007,000,00011,000,0008,000,0005,000,0008,000,00010,000,00020,000,000109,000,000171,000,000194,000,000114,000,000
Pre-Tax Profit1,503,000,000-1,140,000,000324,000,0001,613,000,000375,000,000-173,000,00048,000,000483,000,000411,000,000506,000,0001,035,000,000747,000,000475,000,000442,000,000400,000,000
Tax-508,000,000504,000,000-925,000,000-277,000,000-395,000,000-52,000,00027,000,00069,000,000306,000,000-882,000,000221,000,000-70,000,000286,000,000-122,000,000-108,000,000
Profit After Tax995,000,000-636,000,000-601,000,0001,336,000,000-20,000,000-225,000,00075,000,000552,000,000717,000,000-376,000,0001,256,000,000677,000,000761,000,000320,000,000292,000,000
Dividends Paid
Retained Profit995,000,000-636,000,000-601,000,0001,336,000,000-20,000,000-225,000,00075,000,000552,000,000717,000,000-376,000,0001,256,000,000677,000,000761,000,000320,000,000292,000,000
Employee Costs2,910,000,0002,831,000,0002,975,000,0002,802,000,0002,715,000,0002,561,000,0002,419,000,0002,160,000,0001,929,000,0001,919,000,0001,910,000,0001,789,000,0001,679,000,0001,734,000,0001,746,000,000
Number Of Employees40,96641,65944,25544,35642,09940,26839,37038,52937,48135,45735,14135,19035,25335,60637,153
EBITDA*6,657,000,0005,369,000,0005,157,000,0005,277,000,0004,345,000,0003,244,000,0003,488,000,0003,512,000,0003,484,000,0003,468,000,0003,605,000,0003,699,000,0003,726,000,0003,310,000,0003,187,000,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets87,264,000,00083,064,000,00076,562,000,00072,820,000,00073,494,000,00072,083,000,00064,652,000,00061,370,000,00060,403,000,00055,945,000,00051,489,000,00047,874,000,00044,673,000,00040,942,000,00038,108,000,000
Intangible Assets400,000,000467,000,00060,000,00061,000,00062,000,00063,000,00064,000,00065,000,00066,000,00067,000,00068,000,00069,000,00070,000,00071,000,00072,000,000
Investments & Other267,000,000303,000,000248,000,000441,000,000227,000,000572,000,000475,000,0002,095,000,0001,763,000,0001,703,000,0001,494,000,0001,451,000,0001,550,000,0001,354,000,0001,466,000,000
Debtors (Due After 1 year)114,000,00028,000,000515,000,0005,000,0006,000,000
Total Fixed Assets87,664,000,00083,531,000,00076,622,000,00072,881,000,00073,041,000,00072,146,000,00064,716,000,00061,435,000,00060,469,000,00056,012,000,00051,557,000,00047,943,000,00044,743,000,00041,013,000,00038,180,000,000
Stock & work in progress371,000,000349,000,000299,000,000286,000,000262,000,000226,000,000215,000,000191,000,000205,000,000198,000,000173,000,000157,000,000125,000,000108,000,000132,000,000
Trade Debtors547,000,000424,000,000444,000,000370,000,000426,000,000553,000,000482,000,000298,000,000348,000,000226,000,000294,000,000240,000,000201,000,000320,000,000313,000,000
Group Debtors85,000,000141,000,000
Misc Debtors1,046,000,0001,164,000,0001,153,000,0001,173,000,0001,451,000,0001,186,000,0001,113,000,0001,164,000,0001,373,000,0001,249,000,000621,000,000536,000,000472,000,000591,000,000407,000,000
Cash428,000,000303,000,000477,000,000522,000,000430,000,000450,000,000973,000,000942,000,0001,191,000,000313,000,0001,253,000,0003,506,000,0001,886,000,000771,000,0002,321,000,000
misc current assets32,000,00021,000,0004,000,000196,000,00010,000,00022,000,0001,361,000,000239,000,000314,000,00051,000,00017,000,000267,000,0009,000,000104,000,000305,000,000
total current assets2,513,000,0002,456,000,0002,413,000,0002,575,000,0002,603,000,0002,437,000,0004,144,000,0002,834,000,0003,431,000,0002,037,000,0002,358,000,0004,706,000,0002,693,000,0001,894,000,0003,478,000,000
total assets90,177,000,00085,987,000,00079,035,000,00075,456,000,00075,644,000,00074,583,000,00068,860,000,00064,269,000,00063,900,000,00058,049,000,00053,915,000,00052,649,000,00047,436,000,00042,907,000,00041,658,000,000
Bank overdraft15,792,000,0004,037,000,0002,801,000,0008,157,000,00010,781,000,00011,557,000,0004,820,000,0003,396,000,0002,685,000,0003,133,000,0002,707,000,0004,120,000,0002,227,000,000
Bank loan
Trade Creditors 950,000,0001,124,000,000731,000,000586,000,000534,000,000782,000,000556,000,000614,000,000652,000,000534,000,000601,000,000488,000,000611,000,000651,000,000637,000,000
Group/Directors Accounts
other short term finances54,000,00049,000,00052,000,00020,000,0001,157,000,0002,317,000,000
hp & lease commitments1,000,0001,000,000
other current liabilities1,767,000,0002,671,000,0003,069,000,0003,198,000,0003,231,000,0002,688,000,0002,365,000,0003,673,000,0002,793,000,0002,674,000,0003,705,000,0002,937,000,0002,516,000,0002,565,000,0002,673,000,000
total current liabilities18,563,000,0007,881,000,0006,601,000,00011,941,000,00014,546,000,00015,079,000,0007,761,000,0007,683,000,0006,130,000,0006,341,000,0007,013,000,0007,545,000,0004,285,000,0005,534,000,0005,537,000,000
loans89,922,000,000111,290,000,000108,170,000,00095,181,000,00090,175,000,00088,419,000,00097,373,000,00089,860,000,00082,601,000,00071,868,000,00063,003,000,00059,316,000,00056,655,000,00047,274,000,00047,281,000,000
hp & lease commitments1,000,0002,000,000
Accruals and Deferred Income
other liabilities253,000,000644,000,000511,000,000486,000,000548,000,000326,000,000246,000,000440,000,0004,796,000,0004,129,000,000629,000,0002,953,000,0002,769,000,000171,000,0002,094,000,000
provisions15,876,000,00013,330,000,00014,760,000,00012,498,000,00011,300,000,00011,140,000,0009,638,000,0009,392,000,0008,456,000,0009,470,000,0007,456,000,0008,352,000,0007,478,000,0007,740,000,0008,378,000,000
total long term liabilities53,152,000,00062,954,000,00062,079,000,00054,608,000,00051,709,000,00050,596,000,00054,325,000,00050,830,000,00051,024,000,00045,317,000,00036,052,000,00037,091,000,00035,234,000,00027,965,000,00030,177,000,000
total liabilities71,715,000,00070,835,000,00068,680,000,00066,549,000,00066,255,000,00065,675,000,00062,086,000,00058,513,000,00057,154,000,00051,658,000,00043,065,000,00044,636,000,00039,519,000,00033,499,000,00035,714,000,000
net assets18,462,000,00015,152,000,00010,355,000,0008,907,000,0009,389,000,0008,908,000,0006,774,000,0005,756,000,0006,746,000,0006,391,000,00010,850,000,0008,013,000,0007,917,000,0009,408,000,0005,944,000,000
total shareholders funds18,462,000,00015,152,000,00010,355,000,0008,907,000,0009,389,000,0008,908,000,0006,774,000,0005,756,000,0006,746,000,0006,391,000,00010,850,000,0008,013,000,0007,917,000,0009,408,000,0005,944,000,000
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit4,050,000,0002,963,000,0002,959,000,0003,182,000,0002,322,000,0001,433,000,0001,849,000,0001,996,000,0001,607,000,0001,735,000,0002,001,000,0002,207,000,0002,347,000,0002,038,000,0001,993,000,000
Depreciation2,606,000,0002,405,000,0002,197,000,0002,094,000,0002,022,000,0001,810,000,0001,638,000,0001,515,000,0001,876,000,0001,732,000,0001,603,000,0001,491,000,0001,378,000,0001,271,000,0001,193,000,000
Amortisation1,000,0001,000,0001,000,0001,000,0001,000,0001,000,0001,000,0001,000,0001,000,0001,000,0001,000,0001,000,0001,000,0001,000,0001,000,000
Tax-508,000,000504,000,000-925,000,000-277,000,000-395,000,000-52,000,00027,000,00069,000,000306,000,000-882,000,000221,000,000-70,000,000286,000,000-122,000,000-108,000,000
Stock22,000,00050,000,00013,000,00024,000,00036,000,00011,000,00024,000,000-14,000,0007,000,00025,000,00016,000,00032,000,00017,000,000-24,000,000132,000,000
Debtors35,000,000160,000,00054,000,000-849,000,000653,000,000144,000,000133,000,000-259,000,000246,000,000560,000,000139,000,00098,000,000-239,000,000197,000,000720,000,000
Creditors-174,000,000393,000,000145,000,00052,000,000-248,000,000226,000,000-58,000,000-38,000,000118,000,000-67,000,000113,000,000-123,000,000-40,000,00014,000,000637,000,000
Accruals and Deferred Income-904,000,000-398,000,000-129,000,000-33,000,000543,000,000323,000,000-1,308,000,000880,000,000119,000,000-1,031,000,000768,000,000421,000,000-49,000,000-108,000,0002,673,000,000
Deferred Taxes & Provisions2,546,000,000-1,430,000,0002,262,000,0001,198,000,000160,000,0001,502,000,000246,000,000936,000,000-1,014,000,0002,014,000,000-896,000,000874,000,000-262,000,000-638,000,0008,378,000,000
Cash flow from operations7,560,000,0004,228,000,0006,443,000,0007,042,000,0003,716,000,0005,088,000,0002,238,000,0005,632,000,0002,760,000,0002,917,000,0003,656,000,0004,671,000,0003,883,000,0002,283,000,00013,915,000,000
Investing Activities
capital expenditure-6,740,000,000-9,315,000,000-5,939,000,000-1,420,000,000-3,433,000,000-9,241,000,000-4,920,000,000-2,482,000,000-6,334,000,000-6,188,000,000-5,218,000,000-4,692,000,000-5,109,000,000-4,105,000,000-39,374,000,000
Change in Investments-36,000,00055,000,000-193,000,000214,000,000-345,000,00097,000,000-1,620,000,000332,000,00060,000,000209,000,00043,000,000-99,000,000196,000,000-112,000,0001,466,000,000
cash flow from investments-6,704,000,000-9,370,000,000-5,746,000,000-1,634,000,000-3,088,000,000-9,338,000,000-3,300,000,000-2,814,000,000-6,394,000,000-6,397,000,000-5,261,000,000-4,593,000,000-5,305,000,000-3,993,000,000-40,840,000,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans 5,000,00049,000,000-52,000,00032,000,00020,000,000-1,157,000,000-1,160,000,0002,317,000,000
Long term loans-21,368,000,0003,120,000,00012,989,000,0005,006,000,0001,756,000,000-8,954,000,0007,513,000,0007,259,000,00010,733,000,0008,865,000,0003,687,000,0002,661,000,0009,381,000,000-7,000,00047,281,000,000
Hire Purchase and Lease Commitments-1,000,000-1,000,0002,000,000
other long term liabilities-391,000,000133,000,00025,000,000-62,000,000222,000,00080,000,000-194,000,000-4,356,000,000667,000,0003,500,000,000-2,324,000,000184,000,0002,598,000,000-1,923,000,0002,094,000,000
share issue2,315,000,0005,433,000,0002,049,000,000-1,818,000,000501,000,0002,359,000,000943,000,000-1,542,000,000-362,000,000-4,083,000,0001,581,000,000-581,000,000-2,252,000,0003,144,000,0005,652,000,000
interest-2,604,000,000-4,195,000,000-2,843,000,000-1,740,000,000-2,163,000,000-2,189,000,000-2,225,000,000-1,687,000,000-1,314,000,000-1,328,000,000-1,366,000,000-1,433,000,000-1,324,000,000-1,424,000,000-1,178,000,000
cash flow from financing-22,043,000,0004,540,000,00012,220,000,0001,386,000,000264,000,000-8,672,000,0006,057,000,000-326,000,0009,724,000,0006,954,000,0001,578,000,000-327,000,0007,242,000,0002,107,000,00053,851,000,000
cash and cash equivalents
cash125,000,000-174,000,000-45,000,00092,000,000-20,000,000-523,000,00031,000,000-249,000,000878,000,000-940,000,000-2,253,000,0001,620,000,0001,115,000,000-1,550,000,0002,321,000,000
overdraft11,755,000,0001,236,000,000-5,356,000,000-2,624,000,000-776,000,0006,737,000,0001,424,000,000711,000,000-448,000,000426,000,000-1,413,000,0004,120,000,000-2,227,000,0002,227,000,000
change in cash-11,630,000,000-1,410,000,0005,311,000,0002,716,000,000756,000,000-7,260,000,000-1,393,000,000-960,000,0001,326,000,000-1,366,000,000-840,000,000-2,500,000,0001,115,000,000677,000,00094,000,000

network rail limited Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Network Rail Limited Competitor Analysis

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Perform a competitor analysis for network rail limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other mega companies, companies in SE1 area or any other competitors across 12 key performance metrics.

network rail limited Ownership

NETWORK RAIL LIMITED group structure

Network Rail Limited has 3 subsidiary companies.

NETWORK RAIL LIMITED Shareholders

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network rail limited directors

Network Rail Limited currently has 13 directors. The longest serving directors include Mr Jeremy Westlake (Feb 2016) and Mr Michael Putnam (Jan 2018).

officercountryagestartendrole
Mr Jeremy WestlakeUnited Kingdom59 years Feb 2016- Director
Mr Michael Putnam64 years Jan 2018- Director
Mr David NoyesUnited Kingdom62 years Jul 2018- Director
Mr Andrew HainesUnited Kingdom61 years Aug 2018- Director
Mr James BayleyUnited Kingdom64 years May 2020- Director
Mr James BayleyUnited Kingdom64 years May 2020- Director
Ms Fiona RossUnited Kingdom59 years May 2020- Director
Mr Ismail AmlaUnited Kingdom59 years Apr 2021- Director
Dr Stephen Duckworth65 years Apr 2021- Director
Mrs Diane PerryUnited Kingdom61 years Jun 2024- Director

P&L

March 2024

turnover

11.6b

+16%

operating profit

4.1b

+37%

gross margin

22.8%

-7.08%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

18.5b

+0.22%

total assets

90.2b

+0.05%

cash

428m

+0.41%

net assets

Total assets minus all liabilities

network rail limited company details

company number

04402220

Type

Private Ltd By Guarantee w/o Share Cap

industry

49100 - Passenger rail transport, interurban

incorporation date

March 2002

age

23

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

COMPTROLLER AND AUDITOR GENERAL

address

waterloo general office, london, SE1 8SW

Bank

-

Legal Advisor

-

network rail 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 did not find charges/mortgages relating to network rail limited.

network rail 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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network rail limited Companies House Filings - See Documents

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