In 1978, it was auctioned at Sothebys where it was purchased by its present owner, Rhyl Town Council. It was then loaned back to the Rhyl Miniature Railway, where it was last steamed in 1982.
During 1985-86, Billy was restored to its present condition by Gratton Engineering of Derbu. It then spent a period on display at Rhyl main line station before moving into store when that building was developed.
On 15th May 2007, this locomotive returned again to Rhyl Miniature Railway and is now on loan to Rhyl Steam Preservation Trust for static display in the Alberts Barnes Room, the new museum within RMR’s Central Station building.
Although it would be techinically feasible to restore Billy to operation, we all think that he is fulfilling a highly useful purpose where he is now.