THE MID-NORFOLK RAILWAY PRESERVATION TRUST
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Cash
£1.3m
+8.8% highest in 3 filed years
Net assets
£4.1m
-5.3% lowest in 3 filed years
Employees
16
+14.3% highest in 3 filed years
Profit before tax
—
Period ending 2025-12-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
5 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Total income | £2,704,933 | £2,520,303 | £2,406,112 | -4.5% | |
| Operating profit | £592,519 | £157,964 | — | — | |
| Profit before tax | £592,629 | £174,967 | — | — | |
| Net profit | £591,598 | £174,967 | -£230,256 | -231.6% | |
| Cash | £879,457 | £1,222,748 | £1,330,009 | +8.8% | |
| Total assets less current liabilities | £4,181,874 | £4,340,085 | £4,109,829 | -5.3% | |
| Net assets | £4,163,938 | £4,338,905 | £4,108,649 | -5.3% | |
| Equity | £4,163,938 | £4,338,905 | £4,108,649 | -5.3% | |
| Average employees | 12 | 14 | 16 | +14.3% | |
| Wages | £227,997 | £292,040 | £350,160 | +19.9% | |
| Directors' remuneration | £0 | £0 | £0 | — | |
| Directors' pension contributions | £0 | £0 | — | — | |
| Highest paid director | £0 | £0 | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 21.9% | 6.3% | — | |
| Net margin | 21.9% | 6.9% | -9.6% | |
| Return on capital employed | 14.2% | 3.6% | — | |
| Gearing (liabilities / total assets) | 15.3% | 14.8% | 16.5% | |
| Current ratio | 2.10x | 2.01x | 1.79x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Larking Gowen LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“For this reason, they consider that there are no material uncertainties as to the ability to continue for the foreseeable future and continue to adopt the going concern basis in preparing the financial statements.”
Group structure
- THE MID-NORFOLK RAILWAY PRESERVATION TRUST · parent
- The Mid-Norfolk Railway (Trading) Ltd 100%
- Mid-Norfolk Railway (Infrastructure & Engineering) Limited 100%
Significant events
- “During the year, we launched the MNR Trading Board, bringing together trustees and external appointments with experience in business, finance, marketing, and heritage.”
- “During 2025, there were five RIDDOR-reportable incidents recorded.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
11 active · 68 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BARNES, Kenneth Norman | Secretary | 2015-02-04 | — | — |
| COLLINSON, David James | Director | 2024-11-07 | Feb 1963 | British |
| GOLLEY, David John | Director | 2026-09-12 | Jul 1962 | British |
| ORR, Derek | Director | 2016-07-02 | Nov 1980 | British |
| PATEY, David Simon | Director | 2023-09-16 | Jul 1957 | British |
| QUIRK, Joshua Reginald Harold | Director | 2024-09-14 | Nov 1993 | British |
| RAYNER, Steven Andrew | Director | 2026-09-12 | Apr 1957 | British |
| ROBINSON, Stewart | Director | 2025-10-18 | Oct 1971 | British |
| SMITH, Nigel Kenneth Edward | Director | 2023-09-16 | Aug 1980 | British |
| SPARK, Lesley | Director | 2025-04-10 | Aug 1956 | British |
| YOUNG, Paul Anthony | Director | 2025-04-10 | Aug 1960 | British |
Show 68 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HARWOOD, John Leslie | Secretary | 2009-06-30 | 2012-08-31 |
| HARWOOD, John Leslie | Secretary | 2009-06-22 | 2009-06-29 |
| HULL, John Sparkes, Mr. | Secretary | 2006-10-09 | 2009-06-30 |
| NESBITT, Christopher | Secretary | 2012-06-30 | 2015-01-14 |
| SPENCER, Jennifer | Secretary | 2005-06-22 | 2006-10-03 |
| TERRY, Roland John | Secretary | 2003-06-16 | 2005-06-11 |
| WOODGETT, Barry Dennis | Secretary | 1995-03-23 | 2003-06-16 |
| ADDS, Peter John | Director | 1999-05-15 | 2001-11-10 |
| CARE, Martin John | Director | 2022-10-22 | 2023-02-22 |
| CLAY, Peter Nathan | Director | 2009-06-22 | 2012-06-30 |
| COOMBS, Richard James | Director | 2023-09-16 | 2025-02-15 |
| COOPER, Rosemary Jean | Director | 2022-10-22 | 2023-02-21 |
| COOPER, Rosemary Jean | Director | 2000-05-20 | 2005-01-20 |
| CUSHION, Steven Frank | Director | 2001-06-23 | 2005-08-31 |
| DALE, Leslie George Poingdestre | Director | 2010-06-19 | 2024-09-14 |
| DINHAM - CHENEY, Christopher Leslie | Director | 2004-06-12 | 2018-09-12 |
| ELDRIDGE, Peter Alan | Director | 1999-05-15 | 2005-06-11 |
| ELSTON, Leonard Charles | Director | 2002-06-15 | 2005-03-22 |
| ELSTON, Leonard Charles | Director | 1997-05-10 | 2000-02-26 |
| EYRE, Peter John | Director | 2000-05-20 | 2003-06-14 |
| GARTHWAITE, Stephanie Patricia, M/S | Director | 2020-07-10 | 2022-10-22 |
| GILCHRIST, Rodney Charles | Director | 2014-07-26 | 2019-07-20 |
| GRATTON, Brian Richard | Director | 2014-07-26 | 2023-09-16 |
| HALL, Gary, Chairman | Director | 2007-06-23 | 2012-05-23 |
| HARWOOD, John Leslie | Director | 2009-06-22 | 2012-06-30 |
| HULL, John Sparkes, Mr. | Director | 2006-10-09 | 2023-09-16 |
| HULL, John Sparkes, Mr. | Director | 1995-03-23 | 1999-05-15 |
| IVANOVIC, Dragon Ivan | Director | 1998-05-30 | 1999-01-10 |
| KEMP, Stephen | Director | 2019-09-11 | 2023-12-08 |
| KING, Hugh | Director | 2015-07-04 | 2018-03-20 |
| KING, Raymond Arthur | Director | 1995-09-22 | 2000-05-20 |
| MALYON, Roy | Director | 1995-11-22 | 1998-05-30 |
| MOATES, Graham Keith | Director | 1999-05-15 | 2010-08-31 |
| MONTAGUE, Keith Rowland | Director | 2018-06-30 | 2025-10-18 |
| MOORE, Timothy Norman | Director | 1995-11-11 | 1996-04-27 |
| MURRAY, Andrew | Director | 1995-11-22 | 2001-06-23 |
| NESBITT, Christopher | Director | 2012-09-01 | 2015-01-14 |
| NORTON, Jonathan Richard | Director | 2003-06-24 | 2006-01-07 |
| OAKLEY, James Bernard Leonard | Director | 2015-07-04 | 2026-03-12 |
| OLIVER, Eileen Mary | Director | 2001-06-23 | 2003-03-03 |
| PARSONS, Andrew Ian | Director | 2023-06-06 | 2024-09-14 |
| PEARSON, Christopher | Director | 1995-09-18 | 2018-10-08 |
| PERREN, Richard Stuart | Director | 2023-09-16 | 2024-01-12 |
| RADDA, Mark Julius John | Director | 2023-06-06 | 2024-01-18 |
| RAMM, Peter Clifford | Director | 1998-05-30 | 2003-03-14 |
| ROBINSON, Charles Francis | Director | 2016-03-01 | 2025-09-10 |
| SAVILLE, Marie Elizabeth | Director | 2022-10-22 | 2026-05-14 |
| SINGLEHURST, Peter | Director | 2022-10-22 | 2023-10-08 |
| SMITH, Brian Kenneth | Director | 1995-09-24 | 2001-06-12 |
| SMITH, Karl Peter | Director | 2024-09-14 | 2026-01-19 |
| SMITH, Stephen Edward | Director | 2025-01-09 | 2026-09-09 |
| SMITH, Stephen Edward | Director | 2018-06-30 | 2021-03-12 |
| SMITH, Stephen Edward | Director | 2010-06-29 | 2012-08-31 |
| SPENCER, Jennifer | Director | 2005-06-22 | 2009-06-22 |
| STEWARD, James Ellis | Director | 2005-06-11 | 2017-06-10 |
| TALLENT, Richard Roy James | Director | 1996-05-04 | 2000-05-24 |
| TERRY, Roland John | Director | 2002-06-15 | 2011-11-30 |
| TERRY, Roland John | Director | 2002-06-15 | 2005-06-11 |
| TWEED, Stephen Richard | Director | 2024-03-07 | 2024-09-14 |
| TWEED, Stephen Richard | Director | 2018-06-30 | 2021-09-11 |
| WARD, Gregory Fenton | Director | 2014-07-26 | 2023-09-16 |
| WARD, Victor Cecil | Director | 2005-06-11 | 2008-12-17 |
| WARNER, Peter Clive William, Mr. | Director | 2012-03-26 | 2015-07-04 |
| WATTS, Graham Robert | Director | 2022-10-22 | 2023-12-08 |
| WILKINSON, Horace James | Director | 1995-11-22 | 1998-05-30 |
| WOODGETT, Barry Dennis | Director | 1995-11-21 | 2023-09-16 |
| WOOLLEY, Ernest | Director | 1995-11-22 | 1999-05-15 |
| YOUNG, Paul Anthonty | Director | 1998-05-30 | 2001-06-23 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 237 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-11-03 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-30 | AA | accounts | Accounts with accounts type group | |
| 2026-09-21 | AP01 | officers | Appoint person director company with name date | |
| 2026-09-21 | AP01 | officers | Appoint person director company with name date | |
| 2026-09-13 | TM01 | officers | Termination director company with name termination date | |
| 2026-05-15 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-17 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-20 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-03 | MA | incorporation | Memorandum articles | |
| 2025-10-20 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-20 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-22 | AA | accounts | Accounts with accounts type group | |
| 2025-09-13 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-03 | CH01 | officers | Change person director company with change date | |
| 2025-04-22 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-22 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-15 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-12 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 11
- Capital events
- 0
- Officers appointed
- 3
- Officers resigned
- 5
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.