RAILPEN LIMITED

100 LIVERPOOL STREET, LONDON, EC2M 2AT

Previous name: RPMI LIMITED (changed on 24-Sep-2021)
Previous name: RAILWAY PENSIONS MANAGEMENT LIMITED (changed on 01-Aug-2007)

Company Number: 02315380
Incorporation date: 10-Nov-1988
Status: Active
Entity type: Private Limited Company

SIC codes:
65300 Pension funding





SUMMARY

This company is 35.4 years old and is currently active. It is controlled by Railways Pension Trustee Company Limited. The company has positive equity (net assets) of GBP 10 million which has increased from GBP 9.4 million in the previous year. The latest reported revenue figure is GBP 77.9 million which is up 10% on previous year's figure of GBP 71.6 million. The company has 7 active officers (directors or partners) who are or were officers of 48 other companies, 5 (10.4%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Sep-2024
Accounts Filed: FULL (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2019 GBP 77,861,000 -8,009,000 958,000 144,000 186,000
31-Dec-2018 GBP 71,646,000 6,343,000 832,000 320,000 1,026,000
31-Dec-2017 GBP 80,693,000 3,161,000 916,000 169,000 448,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2019 GBP 542,000 21,736,000 17,350,000 30,782,000 10,042,000 10,042,000
31-Dec-2018 GBP 1,041,000 20,023,000 17,606,000 29,944,000 9,421,000 9,421,000
31-Dec-2017 GBP 1,686,000 21,089,000 16,578,000 22,650,000 10,990,000 10,990,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active AILPEN CORPORATE SECRETARY LIMITED 26 May 2022 28 Mar 2024 5 - 0
Resigned Lisa Melanie SUNNER 08 May 2014 26 May 2022 0 - 1
Resigned Jenifer Anne GOODCHILD 10 Oct 2013 08 May 2014 0 - 1
Resigned Veronica WARNER 03 May 2012 31 Aug 2013 0 - 1
Resigned Susan FAIRCLOUGH 05 Feb 2008 03 May 2012 0 - 51
Resigned David MADDISON 15 Apr 1994 05 Feb 2008 1 - 12
Resigned Susan FAIRCLOUGH 23 Nov 1993 15 Apr 1994 0 - 51
Resigned Thomas Michael TWOMEY 23 Nov 1993 0 - 9

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Fatima HASSAN 01 Jan 2024 Financial Controller British 4 - 00 (0.0%)
Active Michael Joseph CASH 14 Sep 2023 Retired British 5 - 30 (0.0%)
Active Richard Andrew MURRAY 15 Sep 2022 Group Pensions Director British 7 - 132 (10.0%)
Resigned Maura SULLIVAN 01 Apr 2022 31 Dec 2023 Deputy Group Cfo British 2 - 70 (0.0%)
Active Gary Thomas TOWSE 01 Jul 2021 Retired British 4 - 10 (0.0%)
Active Michael David Thomas CRASTON 01 Jul 2021 Director British 3 - 31 (16.7%)
Resigned Christine Susan KERNOGHAN 01 Jan 2021 06 Jul 2022 Senior Manager British 2 - 20 (0.0%)
Active Alison Sarah BURNS 01 Nov 2020 Independent Non-Executive Director British 5 - 93 (21.4%)
Resigned Gerard DOHERTY 01 Aug 2020 01 Aug 2023 Retired British 0 - 51 (20.0%)
Resigned Peter James HOLDEN 01 Aug 2020 01 Jul 2021 Retired British 2 - 10 (0.0%)
Resigned Michelle Anne OSTERMANN 04 Sep 2019 01 Jan 2021 Finance Executive Canadian 0 - 10 (0.0%)
Resigned Stuart BLACKETT 04 Sep 2019 08 Jan 2024 Financial Controller British 18 - 339 (17.6%)
Active John David CHILMAN 10 Jun 2019 Chief Executive Officer British 16 - 152 (6.5%)
Resigned Philip Craig WILLCOCK 01 Feb 2018 28 Feb 2019 Chief Executive British 3 - 90 (0.0%)
Resigned Paul Andrew STURGESS 01 Jan 2018 01 Jul 2021 Managing Director Pensions British 2 - 50 (0.0%)
Resigned David Edward GOTT 04 Aug 2017 04 Aug 2020 Signal Man British 2 - 30 (0.0%)
Resigned Julian Christopher CRIPPS 01 Jan 2017 30 Jun 2019 Investment Director British 0 - 20 (0.0%)
Resigned Richard Edward JONES 01 Jan 2017 31 Dec 2023 Company Director British 2 - 51 (14.3%)
Resigned Christopher Thomas HANNON 01 Jan 2016 01 Jan 2021 Head Of Pensions British 0 - 101 (10.0%)
Resigned Simon Paul RICHARDS 01 Jul 2015 31 Dec 2016 Director Of Transformation British 0 - 43 (75.0%)
Resigned John Connor HAMILTON 01 Jun 2014 31 Dec 2016 Pensions & Benefits Director British 5 - 156 (30.0%)
Resigned Chandrasekhar RAMAMURTHY 13 Mar 2014 01 Jul 2021 Retired British 1 - 3312 (35.3%)
Resigned David Matthew TEASDALE 13 Jun 2012 30 Apr 2015 Director Of Finance And Corporate Services British 0 - 367 (19.4%)
Resigned Robert John BRANAGH 06 Oct 2009 13 Apr 2013 Director British 2 - 101 (8.3%)
Resigned David TYSON 05 Aug 2009 04 Aug 2017 Train Driver British 0 - 41 (25.0%)
Resigned John David CHILMAN 05 Aug 2009 01 Jun 2014 Pensions Director British 16 - 152 (6.5%)
Resigned Gary Thomas TOWSE 05 Aug 2009 01 Jun 2020 Retired British 4 - 10 (0.0%)
Resigned Charles Richard Browne GOLDSON 05 Aug 2009 31 Dec 2015 Retired British 3 - 267 (24.1%)
Resigned Brendan Dominick REVILLE 13 Jun 2005 12 Feb 2008 Director British 0 - 4312 (27.9%)
Resigned Cyril Francis JOHNSON 01 Oct 2004 03 Jul 2015 Finance Director British 5 - 4813 (24.5%)
Resigned Stephen Charles KAIRIS 20 Jul 2004 17 Apr 2009 Director British 0 - 4311 (25.6%)
Resigned Christopher John HITCHEN 10 Sep 2002 31 Dec 2017 Director British 2 - 5412 (21.4%)
Resigned Peter Anthony MURRAY 13 May 1997 19 May 2004 Director British 0 - 144 (28.6%)
Resigned David MADDISON 10 Feb 1997 30 Jun 2019 Director British 1 - 120 (0.0%)
Resigned James Alexander MCKINNELL 01 Oct 1994 17 May 2003 Actuary British 0 - 93 (33.3%)
Resigned Susan FAIRCLOUGH 15 Apr 1994 04 Aug 2009 Director British 0 - 5113 (25.5%)
Resigned David Harry ADAMS 23 Nov 1993 05 Apr 1997 Chief Executive British 0 - 193 (15.8%)
Resigned Malcolm James GRAY 23 Nov 1993 01 Oct 2004 Finance Director British 0 - 93 (33.3%)
Resigned Michael GOY 23 Nov 1993 07 Oct 2008 Managing Director British 0 - 60 (0.0%)
Resigned Ralph Anthony PORTER 23 Nov 1993 British 0 - 166 (37.5%)
Resigned John Anthony HORTON 23 Nov 1993 Accountant British 0 - 168 (50.0%)
Number of active directors: 7
Average tenure of active directors: 2.3 years
Average tenure of resigned directors: 5.8 years
Average active director Dissolution Rate: 7.8%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
NATIONAL HOUSE-BUILDING COUNCIL (00320784) - Active
NESTLE UK PENSION TRUST LTD. (00447229) - Active
SANTANDER ASSET MANAGEMENT UK HOLDINGS LIMITED (00617484) - Active
CHANFLEET PROPERTIES LIMITED (00866180) - Active
PENSIONS AND LIFETIME SAVINGS ASSOCIATION (01130269) - Active
RAILWAY PENSION VENTURE CAPITAL LIMITED (01262523) - Active
INTERNATIONAL TRANSPORT WORKERS FEDERATION (NOMINEES) LIMITED (01426561) - Active
RAILWAY PENSION INVESTMENTS LIMITED (01491097) - Active
BRITISH RAIL PENSION TRUSTEE COMPANY LIMITED (01604312) - Active
RAILPEN LIMITED (02315380) - Active
MAINLINE PARTNERSHIP PENSION TRUSTEES LIMITED (02904427) - Active
RAILTRUST HOLDINGS LIMITED (02934531) - Active
RAILWAYS PENSION TRUSTEE COMPANY LIMITED (02934539) - Active
FIRSTGROUP CIF TRUSTEE LIMITED (03060326) - Active
THE FIRSTGROUP MIDLANDS & EAST ANGLIA PENSION SCHEME TRUSTEE LIMITED (03401942) - Dissolved
THE FIRSTGROUP SCOTTISH PENSION SCHEME TRUSTEE LIMITED (03411265) - Active
61/65 BOROUGH ROAD MANAGEMENT COMPANY LIMITED (03411509) - Active
THE FIRST SOUTH & WALES PENSION SCHEME TRUSTEE LIMITED (03466115) - Active
THE FIRSTGROUP NORTH WEST PENSION SCHEME TRUSTEE LIMITED (03531057) - Dissolved
FREESTONE & STONEMASON COURT FREEHOLD LIMITED (03602098) - Active
S PORTFOLIO M UK LIMITED (03839455) - Dissolved
THE FIRSTGROUP PENSION SCHEME TRUSTEE LIMITED (03851250) - Active
GEORGE JAMES LTD. (03886489) - Active
IDEA GROUP LIMITED (04087001) - Active
THE PENSIONS POLICY INSTITUTE (04145584) - Active
TWO SIX FOUR LIMITED (04419065) - Active
FIRST MERGING PENSION SCHEMES LIMITED (04577975) - Active
THOMASLLOYD GROUP LIMITED (05034664) - Active
NETWORK RAIL PENSION TRUSTEE LIMITED (05067789) - Active
CASCADES SHOPPING CENTRE NOMINEE NO. 1 LIMITED (05661175) - Active
CASCADES SHOPPING CENTRE GENERAL PARTNER LIMITED (05661185) - Active
CASCADES SHOPPING CENTRE NOMINEE NO. 2 LIMITED (05661195) - Active
MARBLE ARCH TOWER GENERAL PARTNER LIMITED (05661201) - Active
CLIFTON MOOR RETAIL PARK GENERAL PARTNER LIMITED (05701867) - Active
CLIFTON MOOR RETAIL PARK NOMINEE NO. 1 LIMITED (05701872) - Active
CLIFTON MOOR RETAIL PARK NOMINEE NO. 2 LIMITED (05701875) - Active
HBBG LIMITED (06962364) - Dissolved
BANK OF IRELAND (UK) PLC (07022885) - Active
EQUINITI GROUP LIMITED (07090427) - Active
LONDON LGPS CIV LIMITED (09136445) - Active
HASTINGS GROUP HOLDINGS LIMITED (09635183) - Active
CHILMAN PENSION CONSULTANCY LIMITED (10272931) - Active
M CRASTON CONSULTING LIMITED (10359649) - Liquidation
HBLSM LTD (10765738) - Active
FIMATIX UK LTD (10860988) - Active
SANTANDER ASSET MANAGEMENT UK LIMITED (SC106669) - Active
SANTANDER ISA MANAGERS LIMITED (SC151605) - Active
SUTM LIMITED (SC163083) - Dissolved
RAILWAY PENSIONS (PE) CALEDONIA LIMITED (SC351612) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2016-05-122015-05-122014-05-122013-05-122012-05-12
RAILWAYS PENSION TRUSTEE COMPANY LIMITEDORDINARY102
100%
102
100%
102
100%
102
100%
102
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

RAILPEN LIMITED

Controlled companies below

LATE PAYMENTS REPORT


Start date End date Average days to pay % invoices paid over 60 days % invoices not paid within agreed terms Gov.uk report
2023-07-01 2023-12-31 17 1% 2% 80364
2023-01-01 2023-06-30 17 1% 2% 72958
2022-07-01 2022-12-31 16 1% 5% 66653
2022-01-01 2022-06-30 22 4% 16% 60985
2021-07-01 2021-12-31 17 1% 15% 54346


COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 65300 Pension funding)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
UNIVERSITIES SUPERANNUATION SCHEME LIMITED ROYAL LIVER BUILDING, LIVERPOOL, L3 1PY 01167127 2018-03-31 127,472,000 0
SHELL PENSION RESERVE COMPANY (UK) LIMITED SHELL CENTRE, LONDON, SE1 7NA 08901312 2017-12-31 71,937,000 88,244,000
CAPITA EMPLOYEE BENEFITS LIMITED 65 GRESHAM STREET, LONDON, ENGLAND, EC2V 7NQ 02260524 2017-12-31 87,109,259 4,280,494 66190-Activities auxiliary to financial intermediation not elsewhere classified
66290-Other activities auxiliary to insurance and pension funding
ROTHESAY PENSIONS MANAGEMENT LIMITED THE POST BUILDING, 100 MUSEUM STREET, LONDON, UNITED KINGDOM, WC1A 1PB 06195160 2018-12-31 67,725,000 -111,000
CHALFONT INVESTMENT CONSULTANTS LIMITED 4-6 STATION ROAD, GERRARDS CROSS, BUCKINGHAMSHIRE, SL9 8EL 02936477 2017-12-31 2,337,425 0 66110-Administration of financial markets
BARNETT WADDINGHAM ACTUARIES AND CONSULTANTS LIMITED 2 LONDON WALL PLACE, LONDON, ENGLAND, EC2Y 5AU 06498431 2018-05-31 2,046,581 190,719
CGFM LTD EX8 2SG, EXMOUTH BUSINESS CENTRE, 14, HARTLEY ROAD, EXMOUTH, DEVON, ENGLAND, EX8 2SG 05839583 2018-06-30 618,340 0
RIVINGTON WEALTH MANAGEMENT LIMITED THE SPIRES, 99 BRANDRETH DRIVE, PARBOLD, LANCASHIRE, ENGLAND, WN8 7HD 06554164 2018-04-30 135,218 0
PLATINUM FINANCIAL PLANNING & IFA LIMITED 2-4 STONELEIGH PARK ROAD, EPSOM, SURREY, ENGLAND, KT19 0QT 09378518 2018-03-31 131,428 0
D&W ALLEN LTD 19 SAVOY ROAD, BRISTOL, ENGLAND, BS4 3SX 09064963 2018-06-30 38,333 0
MAXIM PENSIONS LIMITED LOVEJOYS, FRILSHAM, THATCHAM, BERKSHIRE, ENGLAND, RG18 9XQ 08937155 2018-03-31 35,534 0
THE PENSION SCHOOL LTD. 3 CORBICUM, LONDON, E11 1AW 06366655 2018-09-30 31,750 0
SUSAN SALKELD & COMPANY LIMITED 9 ROWANTREE ROAD, WINCHMORE HILL, LONDON, N21 3ED 06207655 2018-03-31 30,430 0 94120-Activities of professional membership organizations
PROCALCS LIMITED 19 WARREN DRIVE, WALLASEY, CH45 0JN 07327545 2018-08-31 28,505 0
GOODWOOD ESTATE (PENSIONS) LIMITED GOODWOOD HOUSE, GOODWOOD, CHICHESTER, ENGLAND, PO18 0PX 00679188 2018-03-31 0 0
PEUGEOT ADVANCED PENSION PLAN TRUSTEE LIMITED PINLEY HOUSE, 2 SUNBEAM WAY, COVENTRY, CV3 1ND 09042696 2018-04-05 0 0
PEUGEOT CIF TRUSTEE LIMITED PINLEY HOUSE, 2 SUNBEAM WAY, COVENTRY, CV3 1ND 09042714 2018-04-05 0 0
PEUGEOT PENSION PLAN TRUSTEE LIMITED PINLEY HOUSE, 2 SUNBEAM WAY, COVENTRY, CV3 1ND 09042699 2018-04-05 0 0
PSA GROUP UK PENSION PLAN TRUSTEE LIMITED PINLEY HOUSE, 2 SUNBEAM WAY, COVENTRY, CV3 1ND 09042693 2017-12-31 0 0
ROBINS & DAY PENSION PLAN TRUSTEE LIMITED PINLEY HOUSE, 2 SUNBEAM WAY, COVENTRY, CV3 1ND 09042694 2018-04-05 0 0
EMPF PROPERTIES LIMITED ELIM INTERNATIONAL CENTRE, DE WALDEN ROAD, WEST MALVERN, WORCESTERSHIRE, WR14 4DF 06405422 2018-12-31 0 0 70100-Activities of head offices
BRITEL FUND TRUSTEES LIMITED ONE AMERICA SQUARE, 17 CROSSWALL, LONDON, ENGLAND, EC3N 2LB 01687153 0000-00-00 0 0
M.R.C. PENSION TRUST LIMITED 2ND FLOOR DAVID PHILLIPS BUILDING, POLARIS HOUSE NORTH STAR AVENUE, SWINDON, WILTSHIRE, SN2 1FL 01218492 0000-00-00 0 0

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
RAILPEN LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector 0.5% 1.0% 2.6% Medium
Age 0.3% 1.3% 2.4% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
Do you have a dispute with a business?
Make it public