The station, which was previously part of the East Lincolnshire Railway,[2] closed in 1961 to passengers and 1964 to freight, but was taken over by the preservation society in 1984.

[6] The architects of the station buildings were John Grey Weightman and Matthew Ellison Hadfield of Sheffield.

[8][11] The design of the shed is based on the warehouse built by the Louth Navigation at Austen Fen.

After BR ripped up the track and destroyed all the buildings the group decided to rename themselves the Grimsby-Louth Railway preservation society.

The society focussed their efforts into restoring the two sole remaining signalboxes on the line: Hainton street in Grimsby and Louth North.

[16] A new company was formed with the intention of buying the remains of the track bed as BR would not sell to a society at that time.

The frame and the gate wheel were removed and placed into storage at Ludborough ready for re-use.

The company (now trading as the Lincolnshire Wolds Railway) have had to rebuild all of the station's facilities, including a replica Great Northern signal box in its original position, a two-road locomotive shed and a passenger waiting room which houses a museum and shop.

Tracklaying reached North Thoresby in 2008 and the first train for 47 years between the two stations ran on 26 August 2009.