How much does Gloucestershire Warwickshire Steam Railway PLC make?

Gloucestershire Warwickshire Steam Railway PLC reported revenue of £2.7m and a loss of £49.2k in the year to 31 Jan 2026, according to its accounts filed at Companies House.

How many employees does Gloucestershire Warwickshire Steam Railway PLC have?

Gloucestershire Warwickshire Steam Railway PLC reported an average of 24 employees in the year to 31 Jan 2026.

Is Gloucestershire Warwickshire Steam Railway PLC profitable?

No — Gloucestershire Warwickshire Steam Railway PLC reported a loss of £49.2k in the year to 31 Jan 2026.

Company No. 01576947 · Incorporated 28 Jul 1981

Gloucestershire Warwickshire Steam Railway PLC

Registered name: GLOUCESTERSHIRE WARWICKSHIRE STEAM RAILWAY PLC

Gloucestershire Warwickshire Steam Railway PLC made £2.7m revenue and a £49.2k loss in the year to 31 Jan 2026. read from filing text

Gloucestershire Warwickshire Steam Railway PLC’s revenue grew 2% to £2.7m in the year to 31 Jan 2026, with a loss of £49.2k and 24 employees. The company is classified under “passenger rail transport, interurban” and is based in Winchcombe; we hold 4 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 49100Passenger rail transport, interurban

Status: Active
Location: Winchcombe, South West
Age: 45 yrs · since 1981
Type: Public Limited Company

Latest accounts · year to 31 Jan 2026

Key figures

IndependentCash flow filed

Revenue

£2.7m

Growth ▲1.6%

Profit

−£49.2k

Growth —

Profit margin

−1.8%

Gross 46.5%

Employees

Change ▲9.1%

Profit / employee

−£2k

Revenue/employee £113k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Jan 2023	31 Jan 2024	31 Jan 2025	31 Jan 2026
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£2.2m	£2.4m	£2.7m	£2.7m
Cost of sales	£1.2m	£1.4m	£1.6m	£1.5m
Gross profit	£986k	£1m	£1.1m	£1.3m
Operating profit	£78k	−£113k	−£32.7k	−£24.8k
Profit before tax	£56k	−£133k	−£51.7k	−£49.2k
Profit after tax	£56k	−£133k	−£51.7k	−£49.2k
Profit (best available)	£56k	−£133k	−£51.7k	−£49.2k
Staff costs	£336k	£401k	—	—
Employees (average)	11	12	22	24
Ratios
Profit margin	2.5%	−5.6%	−1.9%	−1.8%
Gross margin	44.6%	42.5%	41%	46.5%
Revenue per employee	£201k	£197k	£122k	£113k
Profit per employee	£5.1k	−£11.1k	−£2.4k	−£2k
Cash conversion	−151.3%	—	—	—
Growth (year on year)
Revenue growth	—	▲6.7%	▲13.3%	▲1.6%
Profit growth	—	▼337.5%	—	—
Headcount growth	—	▲9.1%	▲83.3%	▲9.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£569k	£195k	£121k	£118k
Net assets	£6m	£5.9m	£5.9m	£5.8m
Fixed assets	£7.6m	£7.7m	£7.9m	£7.8m
Current assets	£902k	£716k	£339k	£309k
Debtors	£2k	£7k	£1.7k	£11k
Deferred income	£1.3m	£1.4m	£1.6m	£1.6m
Cash from operations	−£118k	−£28k	−£306k	−£269k
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data Jun 2026

Derived from the latest filing

How the business works

Profit margin: −1.8%; Profit ÷ revenue.
Gross margin: 46.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £113k; Revenue ÷ average employees.
Profit per employee: −£2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 287%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 60.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.4%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: ▼1%; Now £5.8m
Cash at bank: ▼3%; Now £118k
Headcount: ▲9%; Now 24
Deferred income: ▲5%; Now £1.6m
Fixed assets: ▼1%; Now £7.8m

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Jan 2026 (profit −£49.2k), from the Companies House accounts bulk data published Jun 2026. Spotted an error? Request a correction.

Updated from Companies House on 15 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.