HITACHI RAIL LIMITED

Active
Company number 05598549Private limited companyIncorporated 2005

Key figures

£3,024,202,000+77.8%
Net assets 2024/25
+77.8%
Average annual growth 2023/24–2024/25
01 bn2 bn3 bn4 bn2023/242024/25

† HITACHI 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 49100

Where the company stands among the 736 active companies whose first SIC code is 49100 (Passenger rail transport, interurban).

Turnover£748,437,000
Higher than 89% · median £5,705,000 among 56 that publish turnover
Net assets£3,024,202,000
Higher than 99% · median £30,923
Total assets£4,761,008,000
Higher than 99% · median £97,153
Cash£102,068,000
Higher than 99% · median £112,469
Company age21.1 years
Older than 74% · median 7.1 years
Largest in this sector by net assets
  1. HITACHI RAIL LIMITED£3bn
  2. ARRIVA LIMITED£759.5m
  3. ARRIVA UK TRAINS LIMITED£247.7m
  4. ARRIVA TRAINS HOLDINGS LIMITED£116.4m
  5. NORTHERN IRELAND RAILWAYS COMPANY LIMITED£64.1m
  6. PORTERBROOK MAINTENANCE LIMITED£46.6m
  7. GOVIA THAMESLINK RAILWAY LIMITED£39.7m
  8. THE CHILTERN RAILWAY COMPANY LIMITED£38.6m
  9. RAIL SAFETY AND STANDARDS BOARD LIMITED£35.8m
  10. WHITTLES PROPERTIES MANCHESTER LIMITED£29.4m

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 736. The line on each bar marks the median.

Summary: HITACHI RAIL LIMITED

What kind of company is it?

HITACHI RAIL LIMITED is a private limited company registered with Companies House under company number 05598549. It was incorporated on 20 Oct 2005. Its status is active. The registered office is in London (EC4M). Its nature of business (SIC 2007) is passenger rail transport, interurban (49100).

How is the company doing financially?

The latest accounts in the database are for 2024/25 (period ending 31 Mar 2025); the company files full accounts. Turnover was £748,437,000. Profit for the year was £55,170,000. Net assets were £3,024,202,000, up 77.8% on the previous year. Cash at bank and in hand was £102,068,000. Total assets were £4,761,008,000 and total liabilities £1,736,806,000. Figures are available for 2 financial years (2023/24–2024/25).

How does it compare with similar companies?

Compared with 736 active companies whose first SIC code is 49100: By turnover it ranks higher than 89% of the 56 that publish turnover (median £5,705,000). By net assets it ranks higher than 99% of them (median £30,923). By total assets it ranks higher than 99% of them (median £97,153). By cash it ranks higher than 99% of them (median £112,469). It is older than 74% of them (median age 7.1 years).

Does it supply the public sector?

The company is named as a supplier in 3 public contract award notices from 3 public sector buyers since 2021. Contracts awarded to it alone have a combined published value of £157.6k. 1 of the awards is shared with other suppliers, typically framework agreements. It is recorded as the recipient of 2 central government grants worth £211.8k, from Department for Science, Innovation and Technology.

What do public registers and reports show?

It appears on the Home Office register of licensed sponsors (Global Business Mobility: Senior or Specialist Worker, Skilled Worker). HMRC lists it as an importer of goods, mainly electrical equipment, furniture and lighting, railway equipment. HMRC lists it as an exporter of goods, mainly machinery, electrical equipment, optical, medical and measuring instruments. In its latest payment practices report it took an average of 37 days to pay suppliers, and 28% of invoices were not paid within agreed terms. Its gender pay gap report for 2025/26 shows median hourly pay for women 10.7% lower than for men. It has modern slavery statements on the government registry for 7 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 31 Dec 2026. The next confirmation statement is due by 3 Aug 2027.

Filed accounts2023/24–2024/25
2023/24 †2024/25 †
Turnover725,125,000748,437,000
Profit for the year56,359,00055,170,000
Cash at bank and in hand550,000102,068,000
Total assets2,897,128,0004,761,008,000
Total liabilities1,196,571,0001,736,806,000
Net assets / total equity1,700,557,0003,024,202,000

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

3 contracts

HITACHI RAIL LIMITED is named as a supplier in 3 public contract award notices from 3 public sector buyers since 2021. The 2 contracts awarded to it alone with a published value add up to £157.6k. 1 award is shared with other suppliers and not counted in that total.

Contracts per year
Main buyers3
London Underground Limited
1 contract · £108k
Transport for London
1 contract · £49.6k
High Speed Two (HS2) Ltd
1 contract
Contracts
  1. Alstom Class 345 UGMS Validation ReportsTransport for London · £49,600 · runs until Oct 2027
  2. Hitachi Automatic Data Analysis Tool (ADAT) LTC-26-907London Underground Limited · £108,000 · runs until Oct 2027
  3. HS2 Rolling Stock Manufacture and Maintenance Services‡High Speed Two (HS2) Ltd · shared by 2 suppliers · 2 lots

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

2 grants

HITACHI RAIL LIMITED is recorded as the recipient of 2 central government grants since 2023, together worth £211.8k.

Grants
  1. Compact Battery Propulsion for Inclusive Regional TrainsDepartment for Science, Innovation and Technology · £86,913 · UKRI - Innovate UK - Scheme
  2. Compact Battery Propulsion for Inclusive Regional TrainsDepartment for Science, Innovation and Technology · £124,890 · UKRI - Innovate UK - Scheme

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

Payment practices1 Apr 2026 – 30 Sep 2026
Average time taken to pay invoices
37 days
Invoices not paid within agreed terms
28%
Standard payment terms
0–60 days
Member of a payment code
No
  • Within 30 days 55%
  • 31 to 60 days 31%
  • After 60 days 14%
Earlier periods (7)
Period ending
Days to pay
Within 30 days
Late
31 Mar 2026
70
30%
17%
30 Sep 2025
78
33%
20%
31 Mar 2025
59
26%
36%
30 Sep 2024
62
24%
44%
31 Mar 2024
82
21%
45%
30 Sep 2023
74
18%
40%
31 Mar 2023
73
21%
45%

View the latest report on GOV.UK

Gender pay gap2025/26
Median hourly pay
women 10.7% lower
Mean hourly pay
women 6.9% lower
Median bonus pay
women 63.3% higher
Employer size
1000 to 4999 employees
Lower pay quarter21% womenLower middle9% womenUpper middle9% womenUpper pay quarter12% women
Earlier years (8)
Year
Median hourly pay
Mean hourly pay
2024/25
women 13.4% lower
women 11.1% lower
2023/24
women 7.2% lower
women 9.5% lower
2022/23
women 9.6% lower
women 4% lower
2021/22
women 11.8% lower
women 6.1% lower
2020/21
women 10.1% lower
women 2.3% lower
2019/20
women 7% lower
women 0.2% lower
2018/19
women 4.4% lower
women 1.4% lower
2017/18
women 0.6% higher
women 0.9% higher

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

Modern slavery statements7
2026
Statement · summary on GOV.UK · group statement
2025
Statement · summary on GOV.UK · group statement
2024
Statement · summary on GOV.UK
Earlier years (4)
2023
Statement · summary on GOV.UK
2022
Statement · summary on GOV.UK
2021
Statement · summary on GOV.UK
2020
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

Sponsor licence‡
Licence type and rating
Worker (A rating)
Routes
Global Business Mobility: Senior or Specialist Worker, Skilled Worker

On the Home Office register of licensed sponsors, which lists organisations licensed to sponsor workers from overseas.

International trade‡

Listed by HMRC as an importer of goods in 12 of the last 12 months on record, most recently August 2026. Main goods: electrical equipment, furniture and lighting, railway equipment, optical, medical and measuring instruments and plastics.

Listed by HMRC as an exporter of goods in 12 of the last 12 months on record, most recently August 2026. Main goods: machinery, electrical equipment, optical, medical and measuring instruments, railway equipment and furniture and lighting.

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

8 events
  1. Financial year 2024/25 endedAccounts: turnover £748.4m, net assets £3bn
  2. Financial year 2023/24 endedAccounts: turnover £725.1m, net assets £1.7bn
  3. Name changed to HITACHI RAIL LIMITEDPreviously HITACHI RAIL EUROPE LIMITED
  4. Hitachi Europe Limited ceased to be a person with significant control
  5. Hitachi, Ltd. registered as a person with significant control
  6. Hitachi Europe Limited registered as a person with significant control
  7. Name changed to HITACHI RAIL EUROPE LIMITEDPreviously HITACHI RAIL MAINTENANCE (UK) LIMITED
  8. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current and former persons with significant control, and the end of each financial year with figures in the database.