RICARDO RAIL LIMITED

Active
Company number 03226319Private limited companyIncorporated 1996

Key figures

£6,614,000+101.3%
Net assets 2024/25
+101.3%
Average annual growth 2023/24–2024/25
02 m4 m6 m8 m2023/242024/25

† RICARDO RAIL LIMITED filed these accounts on paper, so Companies House publishes them only as a scanned image. The figures for the years marked † were read automatically from the scan and kept only where the statements add up (for example net assets equal total equity), but a reading error is still possible — check the original accounts at Companies House.

Ratios

2024/25

Sector comparison

SIC 74909

Where the company stands among the 58,503 active companies whose first SIC code is 74909 (Other professional, scientific and technical activities n.e.c.).

Turnover£18,696,000
Higher than 83% · median £627,000 among 1,263 that publish turnover
Net assets£6,614,000
Higher than 99% · median £12,925
Total assets£25,017,000
Higher than 99% · median £41,823
Cash£890,000
Higher than 94% · median £26,310
Company age30.3 years
Older than 96% · median 9.4 years
Largest in this sector by net assets
  1. KINTAIL TRUSTEES LIMITED£1.1bn
  2. VERTIV COMPANY GROUP LIMITED£853.3m
  3. NUCLEUS FINANCIAL PLATFORMS LIMITED£665.1m
  4. CHIVAS BROTHERS INTERNATIONAL LIMITED£645m
  5. JANE'S GROUP UK LIMITED£566.4m
  6. LEARNING TECHNOLOGIES GROUP LIMITED£477.9m
  7. ALMAC CLINICAL SERVICES LIMITED£477m
  8. TOWERS WATSON LIMITED£444.5m
  9. MAGI CAPITAL CREDIT LTD£399.9m
  10. NCC GROUP PLC£332.6m

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 58,503. The line on each bar marks the median.

Summary: RICARDO RAIL LIMITED

What kind of company is it?

RICARDO RAIL LIMITED is a private limited company registered with Companies House under company number 03226319. It was incorporated on 17 Jul 1996. Its status is active. The registered office is in London (WC2A). Its nature of business (SIC 2007) is other professional, scientific and technical activities n.e.c. (74909).

How is the company doing financially?

The latest accounts in the database are for 2024/25 (period ending 30 Jun 2025); the company files full accounts. Turnover was £18,696,000. Profit for the year was £3,304,000. Net assets were £6,614,000, up 101.3% on the previous year. Cash at bank and in hand was £890,000. Total assets were £25,017,000 and total liabilities £18,403,000. Figures are available for 2 financial years (2023/24–2024/25).

How does it compare with similar companies?

Compared with 58,503 active companies whose first SIC code is 74909: By turnover it ranks higher than 83% of the 1,263 that publish turnover (median £627,000). By net assets it ranks higher than 99% of them (median £12,925). By total assets it ranks higher than 99% of them (median £41,823). By cash it ranks higher than 94% of them (median £26,310). It is older than 96% of them (median age 9.4 years).

Does it supply the public sector?

The company is named as a supplier in 12 public contract award notices from 9 public sector buyers since 2016. Contracts awarded to it alone have a combined published value of £746.6k. Its most frequent buyer is Translink (3 contracts). 3 of the awards are shared with other suppliers, typically framework agreements.

What do public registers and reports show?

HMRC lists it as an importer of goods, mainly vehicles. It has modern slavery statements on the government registry for 6 years.

Who runs and controls the company?

One person with significant control is registered. 1 of 3 registered charges are outstanding.

When are its next filings due?

The next accounts are due by 30 Sep 2027. The next confirmation statement is due by 15 Feb 2027.

Filed accounts2023/24–2024/25
2023/24 †2024/25 †
Turnover19,115,00018,696,000
Profit for the year1,097,0003,304,000
Cash at bank and in hand850,000890,000
Total assets19,596,00025,017,000
Total liabilities16,311,00018,403,000
Net assets / total equity3,285,0006,614,000

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Public contracts

12 contracts

RICARDO RAIL LIMITED is named as a supplier in 12 public contract award notices from 9 public sector buyers since 2016. The 7 contracts awarded to it alone with a published value add up to £746.6k. 3 awards are shared with other suppliers and not counted in that total.

Contracts per year
Main buyers9
Translink
3 contracts
RSSB
2 contracts · £198.9k
Transport for Wales
1 contract · £348.6k
Rail Safety Standards Board (RSSB)
1 contract · £73k
RAIL SAFETY AND STANDARDS BOARD LIMITED
1 contract · £71.5k
Contracts
  1. FW125 Change Management, System Safety, Interoperability, and Associated ServicesTranslink · shared by 8 suppliers · 2 lots · runs until Apr 2030
  2. Independent Assessor (AsBo, ApBo and DeBo) for the Cardiff Central Enhancement Programme (CCEP)‡Transport for Wales · £348,570
  3. P-2673 C9090 DCMS SME Support‡Translink
  4. GB-London: 882072869 T1358 Emissions testing of engines using diesel and hydrotreated vegetable oils and investigating in-service emissions monitors‡RSSB · £128,302
  5. GB-London: 873209183 T1333 Review of running brake test requirements on modern passenger rolling stock‡Rail Safety Standards Board (RSSB) · £72,957
Show 7 more
  1. GB-London: 792199686 T1321 Guidance for stabilizing wagons to prevent drag-brake and runaway events.‡RSSB · £70,580
  2. GCP CSETS2 & Cambourne to Cambridge Ricardo Rail safety verification workCambridgeshire County Council · £29,826
  3. FW049 Common Safety Method (CSM) and Interoperability Framework‡Translink · shared by 2 suppliers
  4. Rugby Parkway Station - CSM & InteroperabilityWarwickshire County Council · £24,877
  5. PROVISION OF COMMON SAFETY METHOD SUPPORT FOR RAIL INFRASTRUCTURE PROJECTSWest Midlands Combined Authority
  6. ATC Engineering Resources‡Transport for London · shared by 3 suppliers, up to £1,000,000 in total
  7. Enabling Magnetic Track Brakes on Network Rail Contolled Infrastructure‡RAIL SAFETY AND STANDARDS BOARD LIMITED · £71,483

From contract award notices on Contracts Finder (since 2016) and Find a Tender (since 2021), published by the Cabinet Office under the Open Government Licence v3.0. Values are as published by the buyer and usually cover the whole contract term; the total leaves out awards shared between several suppliers, where the published figure is a ceiling for all of them, placeholder values and single figures of £1 billion or more. Notices marked ‡ do not state a company number and were linked by an exact match on the registered name. Contracts below the publication thresholds and those of devolved buyers that publish elsewhere are not included.

Statutory reporting

Modern slavery statements6
2025
Statement · summary on GOV.UK · group statement (RICARDO LIMITED)
2024
Statement · summary on GOV.UK · group statement (RICARDO LIMITED)
2023
Statement · summary on GOV.UK · group statement (RICARDO LIMITED)
Earlier years (3)
2022
Statement · summary on GOV.UK · group statement (RICARDO LIMITED)
2021
Statement · summary on GOV.UK · group statement (RICARDO LIMITED)
2020
Statement · summary on GOV.UK · group statement (RICARDO LIMITED)

Figures the company reported itself to the government's Check payment practices service, Gender pay gap service and Modern slavery statement registry (Open Government Licence v3.0). Only large companies and employers with 250 or more staff have to report, so most companies have nothing here.

Registers and licences

International trade‡

Listed by HMRC as an importer of goods in 1 of the last 12 months on record, most recently January 2026. Main goods: vehicles.

From HMRC's monthly lists of importers and exporters. Traders can ask to be left off the lists, so absence does not mean a company does not trade.

Sources: Charity Commission for England and Wales, Care Quality Commission, Home Office and HM Revenue & Customs, under the Open Government Licence v3.0. Entries marked ‡ come from lists that do not state a company number and were linked by an exact match on the registered name.

History

5 events
  1. Financial year 2024/25 endedAccounts: turnover £18.7m, net assets £6.6m
  2. Financial year 2023/24 endedAccounts: turnover £19.1m, net assets £3.3m
  3. Ricardo Investments Limited registered as a person with significant control
  4. Name changed to RICARDO RAIL LIMITEDPreviously LLOYD'S REGISTER RAIL LIMITED
  5. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current persons with significant control, and the end of each financial year with figures in the database. Former persons with significant control are not listed.