Watercress Line Heritage Railway Trust Limited
Registered name: WATERCRESS LINE HERITAGE RAILWAY TRUST LIMITED
Watercress Line Heritage Railway Trust Limited made £3.8m revenue and £462k profit in the year to 31 Mar 2024.
Watercress Line Heritage Railway Trust Limited’s revenue fell 2% to £3.8m in the year to 31 Mar 2024, with £462k profit. The company is classified under “passenger rail transport, interurban” and is based in Hampshire; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Hampshire
- Age
- 53 yrs · since 1973
- Type
- PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
Key figures
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £3.9m | £3.8m |
| Cost of sales | £4.9m | £3.4m |
| Operating profit | −£997k | £428k |
| Profit before tax | −£997k | £373k |
| Profit after tax | −£997k | £462k |
| Profit (best available) | −£997k | £462k |
| Employees (average) | — | — |
| Ratios | ||
| Profit margin | −25.5% | 12% |
| Growth (year on year) | ||
| Revenue growth | — | ▼1.7% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Source | Accounts · bulk data Mar 2025 | Accounts · bulk data Mar 2025 |
How the business works
- Profit margin
- 12%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (1)
- Mid-Hants Railway LimitedRev. £3.4m · Profit −£683k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2024 (profit £462k), from the Companies House accounts bulk data published Mar 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.