FIRST MIDLAND RED BUSES LIMITED

Active London

Other urban, suburban or metropolitan passenger land transport (not underground, metro or similar)

125 employees website.com
Travel and transportation Other urban, suburban or metropolitan passenger land transport (not underground, metro or similar)
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FIRST MIDLAND RED BUSES LIMITED

Other urban, suburban or metropolitan passenger land transport (not underground, metro or similar)

Founded 15 Apr 1981 Active London, United Kingdom 125 employees website.com
Travel and transportation Other urban, suburban or metropolitan passenger land transport (not underground, metro or similar)

Previous Company Names

MIDLAND RED WEST LIMITED 9 Oct 1986 — 26 Mar 1999
MIDLAND RED (WEST) LIMITED 31 Dec 1981 — 9 Oct 1986
SNOWIMAGE LIMITED 15 Apr 1981 — 31 Dec 1981
Accounts Submitted 17 Oct 2025 Next due 31 Dec 2026 8 months remaining
Confirmation Submitted 6 Jan 2026 Next due 17 Jan 2027 8 months remaining
Net assets £2M £202K 2024 year on year
Total assets £6M £736K 2024 year on year
Total Liabilities £5M £534K 2024 year on year
Charges 9
9 satisfied

Contact & Details

Contact

Registered Address

8th Floor The Point 37 North Wharf Road London W2 1AF United Kingdom

Email

info@example.com

Website

www.example.com

Full company profile for FIRST MIDLAND RED BUSES LIMITED (01556327), an active travel and transportation company based in London, United Kingdom. Incorporated 15 Apr 1981. Other urban, suburban or metropolitan passenger land transport (not underground, metro or similar). View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

Financials

Period 1 Jan → 31 Dec 2024
Type Total Exemption Full
Next accounts 31 December 2025
Due by 30 September 2026 9 months

Balance Sheet & P&L (2013–2024)

Cash in Bank

£72.00k

Decreased by £191.00k (-73%)

Net Assets

£1.79M

Increased by £202.00k (+13%)

Total Liabilities

£4.50M

Increased by £534.00k (+13%)

Turnover

£8.82M

Increased by £47.00k (+1%)

Employees

125

Decreased by 2 (-2%)

Debt Ratio

72%

Increased by 1 (+1%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
Dec Year End
2023
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

Grants 1

Investors (0)

No investor information available

Officers

Officers

0 active 3 resigned
Status

No officers found

No officers found

Shareholders

Shareholders (1)

First Bus Holdings Limited
100.0%
1,890,000

Persons with Significant Control

Persons with Significant Control (1)

1 Active
Active
Notified 6 Apr 2016
Nature of Control
  • Ownership Of Shares 75 To 100 Percent,voting Rights 75 To 100 Percent,right To Appoint And Remove Directors

Group Structure

Group Structure

FIRSTGROUP PLC united kingdom
FIRST MIDLAND RED BUSES LIMITED Current Company

Charges

Charges

9 satisfied

Properties

Properties

2 freehold 2 total
AddressTenurePrice PaidDate Added
land on the South East side of Padmore Street, Worcester WORCESTER
Freehold-1 Apr 2004
land on the West side of Padmore Street, Worcester WORCESTER
Freehold-12 Nov 1985
land on the South East side of Padmore Street, Worcester
Freehold
Added 1 Apr 2004
District WORCESTER
land on the West side of Padmore Street, Worcester
Freehold
Added 12 Nov 1985
District WORCESTER

Documents

Company Filings

DateCategoryDescriptionDocument
7 Apr 2026OfficersTermination of Douglas Bryan Claringbold as director on 1 Apr 2026
7 Apr 2026OfficersAppointment of Mr Simon William Mathieson as director on 1 Apr 2026
6 Jan 2026Confirmation StatementConfirmation statement made on 3 Jan 2026 with no updates
17 Oct 2025OtherAudit exemption statement of guarantee by parent company for period ending 29/03/25
17 Oct 2025AccountsAnnual accounts filed
7 Apr 2026 Officers

Termination of Douglas Bryan Claringbold as director on 1 Apr 2026

7 Apr 2026 Officers

Appointment of Mr Simon William Mathieson as director on 1 Apr 2026

6 Jan 2026 Confirmation Statement

Confirmation statement made on 3 Jan 2026 with no updates

17 Oct 2025 Other

Audit exemption statement of guarantee by parent company for period ending 29/03/25

17 Oct 2025 Accounts

Annual accounts filed

Recent Activity

Latest Activity

Termination of Douglas Bryan Claringbold as director on 1 Apr 2026

3 weeks ago on 7 Apr 2026

Appointment of Mr Simon William Mathieson as director on 1 Apr 2026

3 weeks ago on 7 Apr 2026

Confirmation statement made on 3 Jan 2026 with no updates

3 months ago on 6 Jan 2026

Audit exemption statement of guarantee by parent company for period ending 29/03/25

6 months ago on 17 Oct 2025

Annual accounts filed

6 months ago on 17 Oct 2025