west midlands trains limited

5

west midlands trains limited Company Information

Share WEST MIDLANDS TRAINS LIMITED
Live 
YoungMegaLow

Company Number

09860466

Registered Address

2nd floor st andrew's house, 18-20 st andrew street, london, EC4A 3AG

Industry

Passenger rail transport, interurban

 

Telephone

01216342040

Next Accounts Due

December 2024

Group Structure

View All

Directors

Dominic Booth8 Years

David Lindsay6 Years

View All

Shareholders

west midlands holdings limited 100%

west midlands trains limited Estimated Valuation

£2.5b

Pomanda estimates the enterprise value of WEST MIDLANDS TRAINS LIMITED at £2.5b based on a Turnover of £589.3m and 4.24x industry multiple (adjusted for size and gross margin).

west midlands trains limited Estimated Valuation

£1.2b

Pomanda estimates the enterprise value of WEST MIDLANDS TRAINS LIMITED at £1.2b based on an EBITDA of £95.6m and a 12.86x industry multiple (adjusted for size and gross margin).

west midlands trains limited Estimated Valuation

£16.6m

Pomanda estimates the enterprise value of WEST MIDLANDS TRAINS LIMITED at £16.6m based on Net Assets of £5.8m and 2.84x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

West Midlands Trains Limited AI Business Plan

In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.

View Sample

West Midlands Trains Limited Overview

West Midlands Trains Limited is a live company located in london, EC4A 3AG with a Companies House number of 09860466. It operates in the passenger rail transport, interurban sector, SIC Code 49100. Founded in November 2015, it's largest shareholder is west midlands holdings limited with a 100% stake. West Midlands Trains Limited is a young, mega sized company, Pomanda has estimated its turnover at £589.3m with low growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

West Midlands Trains Limited Health Check

Pomanda's financial health check has awarded West Midlands Trains Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

3 Regular

positive_score

2 Weak

size

Size

annual sales of £589.3m, make it larger than the average company (£4.9m)

£589.3m - West Midlands Trains Limited

£4.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 1%, show it is growing at a faster rate (-0.5%)

1% - West Midlands Trains Limited

-0.5% - Industry AVG

production

Production

with a gross margin of 26.4%, this company has a comparable cost of product (26.4%)

26.4% - West Midlands Trains Limited

26.4% - Industry AVG

profitability

Profitability

an operating margin of 2.5% make it more profitable than the average company (2.1%)

2.5% - West Midlands Trains Limited

2.1% - Industry AVG

employees

Employees

with 2950 employees, this is above the industry average (118)

2950 - West Midlands Trains Limited

118 - Industry AVG

paystructure

Pay Structure

on an average salary of £59.2k, the company has an equivalent pay structure (£53.2k)

£59.2k - West Midlands Trains Limited

£53.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £199.8k, this is equally as efficient (£177.2k)

£199.8k - West Midlands Trains Limited

£177.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 6 days, this is earlier than average (17 days)

6 days - West Midlands Trains Limited

17 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 41 days, this is slower than average (31 days)

41 days - West Midlands Trains Limited

31 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 4 days, this is less than average (17 days)

4 days - West Midlands Trains Limited

17 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 13 weeks, this is less cash available to meet short term requirements (34 weeks)

13 weeks - West Midlands Trains Limited

34 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 98.6%, this is a higher level of debt than the average (58.2%)

98.6% - West Midlands Trains Limited

58.2% - Industry AVG

west midlands trains limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for west midlands trains limited. Get real-time insights into west midlands trains limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

West Midlands Trains Limited Competitor Analysis

BETA
competitor_analysis_table_img

Perform a competitor analysis for west midlands trains limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

west midlands trains limited Ownership

WEST MIDLANDS TRAINS LIMITED group structure

West Midlands Trains Limited has no subsidiary companies.

Ultimate parent company

2 parents

WEST MIDLANDS TRAINS LIMITED

09860466

WEST MIDLANDS TRAINS LIMITED Shareholders

west midlands holdings limited 100%

west midlands trains limited directors

West Midlands Trains Limited currently has 7 directors. The longest serving directors include Mr Dominic Booth (Nov 2015) and Mr David Lindsay (Jan 2018).

officercountryagestartendrole
Mr Dominic BoothGb-Gbr60 years Nov 2015- Director
Mr David LindsayUnited Kingdom50 years Jan 2018- Director
Mr Ian McConnellUnited Kingdom47 years May 2022- Director
Mr Soichi NishiharaUnited Kingdom45 years Oct 2022- Director
Mr Christiaan HarrisEngland49 years Apr 2023- Director
Mr Alan Pilbeam56 years Apr 2023- Director
Mr Tapan TrivediUnited Kingdom44 years Oct 2023- Director

WEST MIDLANDS TRAINS LIMITED financials

EXPORTms excel logo

West Midlands Trains Limited's latest turnover from March 2023 is £589.3 million and the company has net assets of £5.8 million. According to their latest financial statements, West Midlands Trains Limited has 2,950 employees and maintains cash reserves of £47.3 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Dec 2016
Turnover589,299,000609,043,000573,188,000570,165,000563,036,000157,463,00000
Other Income Or Grants00000000
Cost Of Sales433,490,244445,401,797478,100,334451,175,891432,621,778114,163,56900
Gross Profit155,808,756163,641,20395,087,666118,989,109130,414,22243,299,43100
Admin Expenses141,300,756155,014,20382,888,66688,577,10988,598,22232,933,43100
Operating Profit14,508,0008,627,00012,199,00030,412,00041,816,00010,366,00000
Interest Payable5,589,0005,325,0006,105,0007,872,000963,000576,00000
Interest Receivable758,0002,397,000240,000730,000542,00033,00000
Pre-Tax Profit9,677,0005,699,000105,166,000-193,120,00041,395,0009,823,00000
Tax1,084,0001,721,00018,744,000-2,776,000-8,543,000-1,951,00000
Profit After Tax10,761,0007,420,000123,910,000-195,896,00032,852,0007,872,00000
Dividends Paid00000000
Retained Profit10,761,0007,420,000123,910,000-195,896,00032,852,0007,872,00000
Employee Costs174,512,000173,139,000172,484,000169,426,000150,547,00043,150,00000
Number Of Employees2,9502,9532,9582,9002,7292,58700
EBITDA*95,569,00082,058,00081,367,00034,775,00045,128,00011,205,00000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Dec 2016
Tangible Assets279,564,000294,422,000217,365,000238,906,00022,144,00012,883,00000
Intangible Assets1,159,000153,0002,945,0001,714,0005,026,0005,407,00000
Investments & Other00000000
Debtors (Due After 1 year)13,687,00015,784,0007,800,0002,844,0000000
Total Fixed Assets267,036,000278,791,000212,510,000240,620,00027,170,00018,290,00000
Stock & work in progress5,738,0006,096,0004,862,0004,957,0003,735,0002,597,00000
Trade Debtors10,967,0008,056,0005,021,00011,914,0006,484,0008,462,00000
Group Debtors822,00063,0003,763,00020,000075,00000
Misc Debtors67,989,00046,932,00032,805,00047,800,00043,836,00027,738,00000
Cash47,298,00061,589,00089,645,00090,004,000107,114,00071,965,00000
misc current assets3,049,0004,926,00000867,000586,00000
total current assets144,871,000137,581,000149,241,000154,994,000162,036,000111,423,00000
total assets411,907,000416,372,000361,751,000395,614,000189,206,000129,713,00000
Bank overdraft00000000
Bank loan00000000
Trade Creditors 49,395,00044,972,00039,078,00056,675,00046,914,00029,039,00000
Group/Directors Accounts7,895,00000011,001,000000
other short term finances00000000
hp & lease commitments53,395,00068,681,00042,091,00062,090,0000000
other current liabilities66,452,00075,900,000167,211,000266,709,00087,354,00080,662,00000
total current liabilities177,137,000189,553,000248,380,000385,474,000145,269,000109,701,00000
loans278,087,000362,511,000275,803,000338,528,000011,001,00000
hp & lease commitments129,077,000154,456,000137,629,000169,264,0000000
Accruals and Deferred Income79,925,00040,753,00010,644,00000000
other liabilities0002,920,0000158,00000
provisions0000460,000270,00000
total long term liabilities228,935,000248,808,000148,818,000172,184,000230,00011,294,00000
total liabilities406,072,000438,361,000397,198,000557,658,000145,499,000120,995,00000
net assets5,835,000-21,989,000-35,447,000-162,044,00043,707,0008,718,00000
total shareholders funds5,835,000-21,989,000-35,447,000-162,044,00043,707,0008,718,00000
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Dec 2016
Operating Activities
Operating Profit14,508,0008,627,00012,199,00030,412,00041,816,00010,366,00000
Depreciation80,979,00073,431,00069,168,0003,747,0002,670,000648,00000
Amortisation82,00000616,000642,000191,00000
Tax1,084,0001,721,00018,744,000-2,776,000-8,543,000-1,951,00000
Stock-358,0001,234,000-95,0001,222,0001,138,0002,597,00000
Debtors22,630,00021,446,000-13,189,00012,258,00014,045,00036,275,00000
Creditors4,423,0005,894,000-17,597,0009,761,00017,875,00029,039,00000
Accruals and Deferred Income29,724,000-61,202,000-88,854,000179,355,0006,692,00080,662,00000
Deferred Taxes & Provisions000-460,000190,000270,00000
Cash flow from operations108,528,0005,791,0006,944,000207,175,00046,159,00080,353,00000
Investing Activities
capital expenditure-67,209,000-147,696,000-48,858,000-217,813,000-12,192,000-19,129,00000
Change in Investments00000000
cash flow from investments-67,209,000-147,696,000-48,858,000-217,813,000-12,192,000-19,129,00000
Financing Activities
Bank loans00000000
Group/Directors Accounts7,895,00000-11,001,00011,001,000000
Other Short Term Loans 00000000
Long term loans-84,424,00086,708,000-62,725,000338,528,000-11,001,00011,001,00000
Hire Purchase and Lease Commitments-40,665,00043,417,000-51,634,000231,354,0000000
other long term liabilities00-2,920,0002,920,000-158,000158,00000
share issue17,063,0006,038,0002,687,000-9,855,0002,137,000846,00000
interest-4,831,000-2,928,000-5,865,000-7,142,000-421,000-543,00000
cash flow from financing-104,962,000133,235,000-120,457,000544,804,0001,558,00011,462,00000
cash and cash equivalents
cash-14,291,000-28,056,000-359,000-17,110,00035,149,00071,965,00000
overdraft00000000
change in cash-14,291,000-28,056,000-359,000-17,110,00035,149,00071,965,00000

P&L

March 2023

turnover

589.3m

-3%

operating profit

14.5m

+68%

gross margin

26.5%

-1.6%

turnover

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

Balance Sheet

March 2023

net assets

5.8m

-1.27%

total assets

411.9m

-0.01%

cash

47.3m

-0.23%

net assets

Total assets minus all liabilities

west midlands trains limited company details

company number

09860466

Type

Private limited with Share Capital

industry

49100 - Passenger rail transport, interurban

incorporation date

November 2015

age

9

accounts

Full Accounts

ultimate parent company

previous names

abellio west midlands limited (March 2016)

incorporated

UK

address

2nd floor st andrew's house, 18-20 st andrew street, london, EC4A 3AG

last accounts submitted

March 2023

west midlands 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 3 charges/mortgages relating to west midlands trains limited. Currently there are 3 open charges and 0 have been satisfied in the past.

charges

west midlands trains limited Companies House Filings - See Documents

datedescriptionview/download