How much does Bluebell Railway PLC make?

Bluebell Railway PLC reported revenue of £5.3m and £67.2k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Bluebell Railway PLC have?

Bluebell Railway PLC reported an average of 109 employees in the year to 31 Dec 2025.

Is Bluebell Railway PLC profitable?

Yes — Bluebell Railway PLC reported a profit of £67.2k in the year to 31 Dec 2025.

Company No. 01966061 · Incorporated 27 Nov 1985

Bluebell Railway PLC

Registered name: BLUEBELL RAILWAY PLC

Part of Bluebell Railway Preservation Society group

Bluebell Railway PLC made £5.3m revenue and £67.2k profit in the year to 31 Dec 2025. read from filing text

Bluebell Railway PLC’s revenue grew 10% to £5.3m in the year to 31 Dec 2025, with £67.2k profit and 109 employees. The company is classified under “other passenger land transport” and is based in Sussex; we hold 2 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 49390Other passenger land transport

Status: Active
Location: Sussex, South East
Age: 40 yrs · since 1985
Type: Public 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.

Latest accounts · year to 31 Dec 2025

Key figures

Doing more with lessCash flow filed

Revenue

£5.3m

Growth ▲9.9%

Profit

£67.2k

Growth —

Profit margin

1.3%

Gross 69.7%

Employees

109

Change ▼14.2%

Profit / employee

£616

Revenue/employee £48.2k

Profitable streak

1yr

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2024	31 Dec 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£4.8m	£5.3m
Cost of sales	£1.5m	£1.6m
Gross profit	£3.3m	£3.7m
Operating profit	−£588k	£68.7k
Profit before tax	−£618k	£43.5k
Profit after tax	−£618k	£67.2k
Profit (best available)	−£618k	£67.2k
Staff costs	£1.8m	£2m
Employees (average)	127	109
Ratios
Profit margin	−13%	1.3%
Gross margin	68.5%	69.7%
Revenue per employee	£37.6k	£48.2k
Profit per employee	−£4.9k	£616
Cash conversion	—	−287.8%
Growth (year on year)
Revenue growth	—	▲9.9%
Headcount growth	—	▼14.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£165k	£225k
Net assets	£22.3m	£23m
Fixed assets	£23m	£23.5m
Current assets	£908k	£857k
Debtors	£38.2k	£138k
Deferred income	£330k	£316k
Cash from operations	−£94.1k	−£198k
Source	FullAccounts · bulk data May 2026	FullAccounts · bulk data May 2026

Derived from the latest filing

How the business works

Profit margin: 1.3%; Profit ÷ revenue.
Gross margin: 69.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £48.2k; Revenue ÷ average employees.
Profit per employee: £616; Profit ÷ average employees.
Cash conversion: −287.8%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 447.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 2.6%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: ▲3%; Now £23m
Cash at bank: ▲36%; Now £225k
Headcount: ▼14%; Now 109
Deferred income: ▼4%; Now £316k
Fixed assets: ▲2%; Now £23.5m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Bluebell Railway Preservation Societyultimate parent75–100%
Bluebell Railway PLCthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (2)

Bluebell Extension Railway LimitedFigures not disclosed
Bluebell Railway Operating LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £67.2k), from the Companies House accounts bulk data published May 2026. 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.