NORTHERN IRELAND RAILWAYS COMPANY LIMITED
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Cash
£64K
Latest balance sheet
Net assets
£64M
Equity attributable
Employees
1,269
Average over period
Profit before tax
£3M
Period ending 2025-03-30
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-30
| Metric | Trend | 2024-03-31 | 2025-03-30 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £114,722,000 | £128,199,000 | — | |
| Operating profit | £315,000 | £479,000 | — | |
| Profit before tax | £1,951,000 | £3,016,000 | — | |
| Net profit | £1,306,000 | -£6,285,000 | — | |
| Cash | £66,000 | £64,000 | — | |
| Total assets less current liabilities | £683,715,000 | £895,335,000 | — | |
| Net assets | £34,055,000 | £64,092,000 | — | |
| Equity | £34,055,000 | £64,092,000 | — | |
| Average employees | 1,159 | 1,269 | — | |
| Wages | £60,321,000 | £69,278,000 | — | |
| Directors' remuneration | — | — | — |
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 —. Year-on-year comparison hidden: this filing covers about 12 months versus 12 months prior. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-30 |
|---|---|---|---|
| Operating margin | 0.3% | 0.4% | |
| Net margin | 1.1% | -4.9% | |
| Return on capital employed | 0.0% | 0.1% | |
| Gearing (liabilities / total assets) | 96.6% | 95.1% | |
| Current ratio | 0.96x | 0.97x |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Grant Thornton (NI) LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“This agreement (with the Department for Infrastructure) includes a commitment that payment for these services will be maintained at such a level to ensure that as a minimum Translink is able to meet its going concern obligations. This has been a key consideration for the directors in assessing whether the accounts can be prepared on a going concern basis. On this basis, the directors believe that it is reasonable to assume that the Company has and will continue to have adequate resources to meet its anticipated liabilities as they fall due and to enable it to continue in operational existence for the foreseeable future. Accordingly, the Board has concluded that it is appropriate that the accounts are prepared on a going concern basis.”
Group structure
- NORTHERN IRELAND RAILWAYS COMPANY LIMITED · parent
- NIR Operations Limited 100%
- NIR Networks Limited 100%
Significant events
- “In late October 2024 we commenced an hourly Enterprise train service between Belfast Grand Central station and Dublin's Connolly station, with funding provided by the Shared Island fund.”
- “The new high quality, sustainable train station at York Street in North Belfast station opened in April 2024.”
- “In September 2024 we welcomed the bus operational opening of Belfast Grand Central Station, shortly followed by the rail opening in mid-October 2024.”
- “In August 2024 we completed our roll out of contactless payments on all Ulsterbus and Goldline services across Northern Ireland, enabling faster boarding and an enhanced customer experience.”
- “In October 2024 we reached one million customers registered for a Translink contactless payment account.”
- “In January 2025 we announced the roll out of new self-serve ticket vending machines (TVMs) at bus stations across the network, and to additional Park and Ride locations.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
10 active · 47 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ROONEY, Priscilla | Secretary | 2018-04-18 | — | — |
| ALLEN, Timothy Francis | Director | 2025-03-01 | May 1961 | Irish |
| BROWN, Michael William Tuke | Director | 2021-10-01 | Apr 1964 | British |
| CAMPBELL, Ian Thomas | Director | 2025-06-04 | Sep 1966 | British |
| CONWAY, Christopher | Director | 2015-09-09 | Nov 1963 | Northern Irish |
| GLASS, John | Director | 2025-06-04 | Jan 1969 | British |
| GUPTA, Manish | Director | 2024-10-01 | Feb 1970 | British |
| LEESON, Donald | Director | 2024-10-01 | Nov 1961 | British |
| MCVEIGH, Grainne Catherine | Director | 2024-10-01 | Jan 1957 | British |
| WILLS, Edward John Andrew | Director | 2021-10-01 | Nov 1980 | British |
Show 47 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| AIKEN, James William | Secretary | 1967-04-21 | 2010-01-28 |
| IRVINE, John Paul | Secretary | 2010-11-10 | 2017-08-29 |
| MCLAUGHLIN, Clare Margaret Mary | Secretary | 2017-08-29 | 2018-04-18 |
| AIKEN, James William | Director | 2002-05-01 | 2010-01-28 |
| ANDERSON, Patrick Michael | Director | 2015-06-15 | 2023-09-29 |
| BENTLEY, Ray | Director | 2002-05-01 | 2008-06-30 |
| BOGOINA-SEENAN, Tzvetelina | Director | 2021-10-01 | 2023-08-31 |
| BROWN, Doreen | Director | 2004-02-09 | 2006-06-30 |
| BROWN, James | Director | 2011-10-12 | 2016-01-01 |
| BUNTING, Peter | Director | 2002-07-01 | 2008-06-30 |
| COFFEY, Angela | Director | 2008-07-01 | 2016-01-01 |
| DEPLEDGE, Anthony | Director | 2011-10-12 | 2021-09-30 |
| DOHERTY, Ian | Director | 1999-01-13 | 1999-06-30 |
| DORAN, John Joseph | Director | 2005-07-01 | 2011-09-30 |
| FREEMAN, John Adair | Director | 1999-01-13 | 2002-04-30 |
| HARVEY, Daniel Edward | Director | 2002-05-01 | 2008-06-30 |
| HASSON, Luke | Director | 1999-01-13 | 2002-03-31 |
| HERON, Damian John | Director | 1999-08-11 | 2002-06-30 |
| HESKETH, Edward | Director | 1967-04-21 | 2003-03-31 |
| HEWITT, Francis Anthony | Director | 2011-10-12 | 2019-06-30 |
| HOGAN, Sean Terence | Director | 2008-07-01 | 2011-03-24 |
| LAIRD, Ruth | Director | 2005-07-01 | 2011-09-30 |
| LENNON, Gerry | Director | 2005-07-01 | 2011-09-30 |
| MALLON, Marie | Director | 2021-10-01 | 2024-09-30 |
| MASON, Catherine Lois | Director | 2008-03-12 | 2014-03-31 |
| MCCARTAN, Hilary Rose | Director | 2016-01-20 | 2021-09-30 |
| MILLIGAN, John Gordon | Director | 2021-10-01 | 2023-12-31 |
| MILLIGAN, John Gordon | Director | 2014-04-01 | 2014-10-27 |
| MITCHELL, Bernard, Mr. | Director | 2012-02-08 | 2021-09-30 |
| MOFFATT, Keith Anthony | Director | 2003-10-01 | 2006-12-31 |
| MOLONEY, Maria, Dr | Director | 1999-01-13 | 2002-04-30 |
| NOBLE, Thomas James | Director | 1999-08-11 | 2005-06-30 |
| O'CONNOR, Sharon Marie | Director | 2021-10-01 | 2024-09-30 |
| O'CONNOR, Sharon Marie | Director | 2011-10-12 | 2011-11-16 |
| ONEILL, Philip Alexander | Director | 2010-04-01 | 2021-09-30 |
| PALMER, Anne Veronica Margaret | Director | 2002-05-01 | 2011-06-30 |
| REAVEY, Angela | Director | 2016-01-20 | 2021-09-30 |
| REED, Samuel Ross | Director | 1999-01-13 | 1999-06-30 |
| SMYTH, Joan Rutherford, Dr | Director | 1999-08-11 | 2005-06-30 |
| STEWART, Noel | Director | 1999-01-13 | 2002-03-31 |
| STRAHAN, David Edward | Director | 2014-10-27 | 2015-09-07 |
| SWEENEY, Mark Eugene | Director | 2016-01-20 | 2021-09-30 |
| SWEENEY, Paul | Director | 2002-09-01 | 2003-12-15 |
| TRETHOWEN, John | Director | 1953-07-24 | 2015-07-01 |
| WARDLOW, Michael Thomas | Director | 2021-03-01 | 2025-03-01 |
| WHITEHEAD, Neville | Director | 1967-04-21 | 1999-06-30 |
| WILSON, Monica Mary | Director | 1999-01-13 | 2000-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| The Minister For The Department For Infrastructure | Legal person | Appoints directors | 2016-04-06 | Active |
| The Permanent Secretary For The Department For Infrastructure | Legal person | Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 322 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-04 | AA | accounts | Accounts with accounts type full | |
| 2025-06-18 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-16 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-12 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-12 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-24 | AA | accounts | Accounts with accounts type full | |
| 2024-10-10 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-10 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-09 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-01 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-22 | AA | accounts | Accounts with accounts type full | |
| 2023-09-29 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-29 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-20 | AA | accounts | Accounts with accounts type full | |
| 2022-05-31 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.