• Our legal and financial structure

    Network Rail is a “not for dividend” company and all our profits go straight back into improving the railway

  • Our purpose is to deliver a safe, reliable and efficient railway for Britain.

    As a company limited by guarantee, we are a private company operating as a commercial business. We are directly accountable to our members and regulated by the Office of Rail Regulation (ORR).

    We are run like a PLC

    The board runs Network Rail to the standards required of a publicly listed company (PLC).

    We produce an Annual Report and Accounts and hold an Annual General Meeting (AGM). We also publish a business plan, known as the Delivery Plan, each year – something that very few other companies do.

    Debt funding

    Our financing is principally met by money raised from the capital markets.

  • The Annual General Meeting

    Anual General Meeting

    The Annual General Meeting is attended by our members. In common with other companies, this formal meeting is held to carry out any formal business including:

    • Receiving the Annual Report and Accounts
    • Voting on the appointment of directors
    • Voting on the appointment of external auditors