Wadebridge (34007) Locomotive Limited
Registered name: WADEBRIDGE (34007) LOCOMOTIVE LIMITED
Part of Watercress Line Heritage Railway Trust Limited groupWadebridge (34007) Locomotive Limited made £223 revenue and a £420k loss in the year to 31 Mar 2025. read from filing text
Wadebridge (34007) Locomotive Limited’s revenue fell 83% to £223 in the year to 31 Mar 2025, with a loss of £420k and 0 employees. The company is classified under “other transportation support activities” and is based in Alresford; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Alresford, South East
- Age
- 44 yrs · since 1982
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The ultimate parent company is Watercress Line Heritage Railway Trust Limited, a registered charity and company registered in England and Wales. The charity is controlled by its Board of Trustees. Cop”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £1.5k | £300 | £1.3k | £223 |
| Cost of sales | — | £7.1k | £1.5k | £394 |
| Gross profit | £1.5k | −£6.8k | −£195 | −£171 |
| Operating profit | £3.9k | −£8.5k | £94.1k | −£491k |
| Profit before tax | £3.9k | −£7.5k | £95.2k | −£491k |
| Profit after tax | −£13.1k | £11.7k | £77.1k | −£420k |
| Profit (best available) | −£13.1k | £11.7k | £77.1k | −£420k |
| Employees (average) | 0 | 0 | 0 | 0 |
| Ratios | ||||
| Profit margin | −871.7% | 3884% | 6004% | −188454% |
| Gross margin | 100% | −2255% | −15.2% | −76.7% |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲328.3% | ▼82.7% |
| Profit growth | — | — | ▲562.1% | ▼644.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £323k | £247k | £27.4k | £4.1k |
| Net assets | £722k | £733k | £810k | £390k |
| Fixed assets | £490k | £562k | £874k | £400k |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- −188454%
- Profit ÷ revenue.
- Gross margin
- −76.7%
- 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
- 179372%
- 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
- ▼52%
- Now £390k
- Cash at bank
- ▼85%
- Now £4.1k
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- ▼54%
- Now £400k
Group structure
Ownership chain
- Watercress Line Heritage Railway Trust Limited (registered outside the UK register)ultimate parent75–100%
- Wadebridge (34007) Locomotive Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£420k), from the Companies House accounts bulk data published Dec 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.