GB RAILFREIGHT LIMITED
ActiveKey figures
† GB RAILFREIGHT 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.
GB RAILFREIGHT LIMITED does not disclose its turnover in its latest accounts; the profit for the year is as stated in the accounts.
Ratios
2025Sector comparison
SIC 49200Where the company stands among the 442 active companies whose first SIC code is 49200 (Freight rail transport).
- GWI WESTERN EUROPE LIMITED£487.9m
- DB CARGO (UK) LIMITED£370.6m
- DB CARGO (UK) HOLDINGS LIMITED£204.8m
- GB RAILFREIGHT LIMITED£94m
- FREIGHTLINER LIMITED£88.1m
- DIRECT RAIL SERVICES LIMITED£44.3m
- JOHN G. RUSSELL (TRANSPORT) LIMITED£40.5m
- P&O FERRYMASTERS LIMITED£32.1m
- DB CARGO INTERNATIONAL LIMITED£24.4m
- SPEDITION SERVICES LIMITED£24.3m
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 442. The line on each bar marks the median.
Summary: GB RAILFREIGHT LIMITED
What kind of company is it?
GB RAILFREIGHT LIMITED is a private limited company registered with Companies House under company number 03707899. It was incorporated on 4 Feb 1999. Its status is active. The registered office is in London (EC3V). Its nature of business (SIC 2007) is freight rail transport (49200).
How is the company doing financially?
The latest accounts in the database are for 2025 (period ending 31 Dec 2025); the company files full accounts. Profit for the year was £1,584,000. Net assets were £94,007,000, up 3.2% on the previous year. Cash at bank and in hand was £17,773,000. Total assets were £451,978,000 and total liabilities £357,971,000. Figures are available for 2 financial years (2024–2025).
How does it compare with similar companies?
Compared with 442 active companies whose first SIC code is 49200: By net assets it ranks higher than 97% of them (median £4,505). By total assets it ranks higher than 99% of them (median £35,832). By cash it ranks higher than 97% of them (median £22,826). It is older than 93% of them (median age 3.5 years).
Does it supply the public sector?
The company is named as a supplier in 5 public contract award notices from 4 public sector buyers since 2018. Contracts awarded to it alone have a combined published value of £291.1m. Its most frequent buyer is Network Rail Infrastructure Ltd (2 contracts). It is recorded as the recipient of one central government grant worth £4.4m, from Department for Transport.
What do public registers and reports show?
It appears on the Home Office register of licensed sponsors (Skilled Worker). HMRC lists it as an importer of goods, mainly machinery, railway equipment, optical, medical and measuring instruments. HMRC lists it as an exporter of goods, mainly machinery. In its latest payment practices report it took an average of 44 days to pay suppliers, and 38% of invoices were not paid within agreed terms. Its gender pay gap report for 2025/26 shows median hourly pay for women 36% lower than for men. It has modern slavery statements on the government registry for 5 years.
Who runs and controls the company?
One person with significant control is registered.
When are its next filings due?
The next accounts are due by 30 Sep 2027. The next confirmation statement is due by 16 Feb 2027.
Filed accounts2024–2025
| 2024 † | 2025 † | |
|---|---|---|
| Turnover | 336,026,000 | — |
| Profit for the year | 12,351,000 | 1,584,000 |
| Cash at bank and in hand | 5,373,000 | 17,773,000 |
| Total assets | 457,464,000 | 451,978,000 |
| Total liabilities | 366,334,000 | 357,971,000 |
| Net assets / total equity | 91,130,000 | 94,007,000 |
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
5 contractsGB RAILFREIGHT LIMITED is named as a supplier in 5 public contract award notices from 4 public sector buyers since 2018. Their combined published value is £291.1m.
- Network Rail Infrastructure Ltd
- 2 contracts · £263m
- Transport for London
- 1 contract · £25.7m
- FIRST GREATER WESTERN LIMITED
- 1 contract · £1.5m
- TRANSPORT UK EAST MIDLANDS LIMITED
- 1 contract · £920.4k
- Provision of Class 360 Maintenance/Refurbishment MovesTRANSPORT UK EAST MIDLANDS LIMITED · £920,400 · runs until Nov 2028
- Provision of FOC driver and PIC servicesFIRST GREATER WESTERN LIMITED · £1,500,000
- Operation and Maintenance of Network Rail's Seasonal Fleet‡Network Rail Infrastructure Ltd · £244,080,634 · 3 lots
- Operation of the Railway Industry Development Centre at Melton‡Network Rail Infrastructure Ltd · £18,900,000
- Operations and Maintenance Agreement for Yellow Plant‡Transport for London · £25,748,277
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.
Government grants
1 grantGB RAILFREIGHT LIMITED is recorded as the recipient of 1 central government grant, worth £4.4m.
- RDM Mode Shift Revenue Support & Waterbourne Freight Grant 18/19Department for Transport · £4,365,864 · RDM Mode Shift Revenue Support & Waterborne Freight Grant 18/19
From the Government Grants Register published by the Cabinet Office (financial years 2016/17 onwards, Open Government Licence v3.0). It covers grants from central government departments and their agencies where the register states the recipient's company number and the recipient name matches this company; grants from local authorities, lottery distributors and devolved governments are not included.
Statutory reporting
- Average time taken to pay invoices
- 44 days
- Invoices not paid within agreed terms
- 38%
- Standard payment terms
- 1–60 days
- Member of a payment code
- No
- Within 30 days 27%
- 31 to 60 days 53%
- After 60 days 20%
Earlier periods (7)
- Period ending
- Days to pay
- Within 30 days
- Late
- 31 Dec 2025
- 44
- 30%
- 43%
- 30 Jun 2025
- 39
- 33%
- 94%
- 31 Dec 2024
- 33
- 38%
- 96%
- 30 Jun 2024
- 34
- 35%
- 96%
- 31 Dec 2023
- 37
- 32%
- 96%
- 30 Jun 2023
- 43
- 24%
- 96%
- 31 Dec 2022
- 43
- 28%
- 96%
- Median hourly pay
- women 36% lower
- Mean hourly pay
- women 23% lower
- Employer size
- 1000 to 4999 employees
Earlier years (8)
- Year
- Median hourly pay
- Mean hourly pay
- 2024/25
- women 38.4% lower
- women 24.9% lower
- 2023/24
- women 35.8% lower
- women 23.7% lower
- 2022/23
- women 36% lower
- women 22.4% lower
- 2021/22
- women 35.2% lower
- women 24.3% lower
- 2020/21
- women 36.4% lower
- women 23.9% lower
- 2019/20
- women 31% lower
- women 20% lower
- 2018/19
- women 38% lower
- women 25% lower
- 2017/18
- women 31% lower
- women 21% lower
A positive gap means women's average hourly pay is lower than men's across the whole employer; it is not a comparison of pay for the same work. View on the Gender pay gap service
- 2026
- Statement · summary on GOV.UK
- 2025
- Statement · summary on GOV.UK
- 2024
- Statement · summary on GOV.UK
Earlier years (2)
- 2023
- Statement · summary on GOV.UK
- 2021
- Statement · summary on GOV.UK
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
- Licence type and rating
- Worker (A rating)
- Route
- Skilled Worker
On the Home Office register of licensed sponsors, which lists organisations licensed to sponsor workers from overseas.
Listed by HMRC as an importer of goods in 4 of the last 12 months on record, most recently August 2026. Main goods: machinery, railway equipment and optical, medical and measuring instruments.
Listed by HMRC as an exporter of goods in 1 of the last 12 months on record, most recently October 2025. Main goods: machinery.
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
4 events- Financial year 2025 endedAccounts: net assets £94m
- Financial year 2024 endedAccounts: turnover £336m, net assets £91.1m
- Hector Rail Holding Uk Limited registered as a person with significant control
- 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.