The Mid-norfolk Railway (trading) Ltd

The Mid-Norfolk Railway (trading) Ltd, based in Dereham, UK, is a small, holding company with an active status. Established eight years ago in April 2017, it holds £898,116 in assets and generates £1,854,579 in yearly revenue. The company, with four directors and one owner, operates from a real address and regularly imports miscellaneous metal items, though import activity ceased in October 2018.

The Mid-Norfolk Railway (trading) Ltd primarily focuses on historical site operations and visitor attractions, alongside other amusement and recreation activities. Its website highlights the popular Polar Express Train Ride, a seasonal event drawing families for a magical Christmas experience. The site offers tickets, FAQs, and promotional videos, emphasizing the event's immersive nature and adherence to safety standards. It’s clear they’re running an event-driven business, capitalizing on a beloved Christmas film.

Financially, the company presents a mixed picture. While turnover increased by 15% to £1,900,000, profits have plummeted, with a loss of £16,000 reported compared to a profit of £29,000 the previous year. Cash reserves have fallen significantly, dropping 30% to £820,000, and bank borrowings have increased to £70. Administrative expenses have also risen considerably, jumping 35% to £870,000. Despite this, creditors have decreased by 18%, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the sharp decline in profits warrants attention. The unaudited nature of the financial statements, due to its status as a small company, means the figures rely on director-reported data.

Overall, The Mid-Norfolk Railway (trading) Ltd appears to be navigating a challenging period. While the Polar Express event seems to be a successful draw, the company is facing increased costs and a decline in profitability. It’s likely that the company is working to control expenses and sustain its event-driven business model, but the financial pressures are evident.

Registered in England/Wales under the registration number 10731804, with a registered address at NR19 1DF, Dereham, Norfolk, Railway Station, Station Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.