Minnerva was asked to advise one of the Rolling Stock Leasing Companies on the value of its rolling stock assets, and the future profitability of its major Train Operating Company customers.

A major concern was the potential impact of the post-Hatfield downturn in UK rail industry performance, and other developments in the timing and scope of expected infrastructure enhancement.

We developed a spreadsheet-based forecasting model structured to replicate the key features of the business planning tools used when the relevant contracts were first made, allowing alternative scenarios to be tested and enabling senior management to be informed of the range of possible outcomes.

(Contact: Andrew Last )