Accounts to March 2026 · Single company accounts · Filed September 2026

Northern: who owns it, who runs it and what the accounts show

Northern Trains Limited's person with significant control on the Companies House register is Dft Operator Limited. In the year to March 2026 Northern Trains Limited reported turnover of £1,206m.

£1,206m
Turnover, up 5.9%
£10m
Pre-tax profit
7,694
Employees
Registered name
NORTHERN TRAINS LIMITED
Company number
03076444
Status
Active
Incorporated
30 June 1995
Registered office area
York
Industry code on the register
49100: Land transport and transport via pipelines
Accounts
Single company accounts, this company only
Accounts type
Full accounts
Latest accounts
Year to March 2026, filed 4 September 2026

What does Northern do?

Northern Trains runs local and regional passenger rail services across the north of England, linking cities, towns and rural communities. It earns money from ticket sales, with the rest of its costs covered by government funding under its arrangements with the Department for Transport. It has been publicly owned since 2020, when the government took over the franchise, and operates under the Northern brand.

In brief: train operator · local and regional services · fares and government funding · publicly owned

Source: Spark Intel editorial, checked 24 September 2026. Official website: northernrailway.co.uk.

Who owns Northern?

Northern Trains Limited
Northern · company 03076444
Dft Operator Limited
Company

The Companies House register records Dft Operator Limited as the person with significant control of Northern Trains Limited, company number 03076444. Dft Operator Limited is itself company number 07141122.

That places Northern Trains Limited inside a larger group. The accounts on this page are the company's own, not the wider group's.

The full ownership record is on the Companies House register. Control is given in the bands the register uses, not as exact shareholdings.

Who runs Northern?

The Companies House register lists 9 current officers for Northern Trains Limited.

All 9 current officers
OfficerAppointed
Richard Charles Vyvyan Harrison1 March 2020
Patricia Anne Williams2 December 2020
Anusha Price23 January 2024
Alexander Lloyd Hornby27 November 2024
Karen Elizabeth Butler4 August 2025
David Stuart Lindsay4 August 2025
Alexander John Hynes7 January 2026
Kate Suzanne Bennett19 May 2026
Warrick Dent19 May 2026

Every current officer, with appointment dates, is on the Companies House register.

What did Northern file?

Northern Trains Limited reported turnover of £1,206m in the year to March 2026. That was up 5.9% on £1,139m the year before.

It reported 7,694 employees. The year before it reported 7,115.

It filed a pre-tax profit of £10m for the year, against a pre-tax profit of £11m the year before.

Staff costs came to £483m. That is an average of £63,000 a head. It ended the year with £59m at the bank and net assets of £41m. It paid dividends of £25m.

Mar 2026£40.07£58.32£0.86 profit
Mar 2025£37.93£61.12£0.95 profit
Where each £100 of turnover goes: payroll (staff costs), financing (interest paid), other costs and pre-tax profit. Hover over a segment for its figure.
MeasureMar 2026Mar 2025
Turnover£1,206m£1,139m
Pre-tax profit£10m (filed)£11m (filed)
Employees7,6947,115
Staff costs£483m£432m
Average staff cost per head£63,000£61,000
Bank and cash£59m£59m
Net assets£41m£50m
Dividends paid£25m
Interest paid£9m
Interest received£2m
Directors' pay£0.9m

Read the accounts to March 2026 on Companies House, where every set of accounts the company has filed can be downloaded as a PDF.

Northern files as Northern Trains Limited, whose person with significant control is Dft Operator Limited, with turnover of £1,206m in its latest filed year.

Questions about Northern

What does Northern do?

Northern Trains runs local and regional passenger rail services across the north of England, linking cities, towns and rural communities. It earns money from ticket sales, with the rest of its costs covered by government funding under its arrangements with the Department for Transport. It has been publicly owned since 2020, when the government took over the franchise, and operates under the Northern brand.

Who owns Northern?

The Companies House register records Dft Operator Limited as the person with significant control of Northern Trains Limited.

How much does Northern make?

Northern Trains Limited reported turnover of £1,206m in the year to March 2026. It filed a pre-tax profit of £10m.

How many people work at Northern?

Northern Trains Limited reported 7,694 employees in the year to March 2026.

Who runs Northern?

The Companies House register lists 9 current officers for Northern Trains Limited. The full list, with appointment dates, is on the Companies House register.

  • Figures come from Northern Trains Limited's filings at Companies House, company number 03076444, for the period shown at the top of the page.
  • These are single company accounts: they cover this company alone, not any wider group.
  • Pre-tax profit is the figure the company filed, for both years.
  • A figure the filing does not disclose is shown as n/d. A zero in the filing is treated as not disclosed, never as nil.
  • Rounding: below £0.1m in thousands, from £0.1m to £2m to one decimal place, from £2m to the nearest million.
  • Ownership is shown in the control bands the register of people with significant control uses, not as exact shareholdings.
  • Officers' names and appointment dates come from the Companies House register. Job titles come from the company's own website. The description of what the company does comes from its website, or is marked Spark Intel editorial where it is written from stable, checked facts, with the date either way.

Spark Intel, “Northern: who owns it, who runs it and what the accounts show”, updated 28 September 2026. https://www.spark-intel.co.uk/companies/northern/. Figures from Companies House filings for NORTHERN TRAINS LIMITED (03076444).

Spark Intel · Company Profiles · Figures rounded to protect precision of source filings