CompanyTrack
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MIDLAND RED (SOUTH) LIMITED

Active Stockport

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

1,128 employees Website
Lifestyle and entertainment Other urban, suburban or metropolitan passenger land transport (not underground, metro or similar)
M

MIDLAND RED (SOUTH) LIMITED

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

Founded 15 Apr 1981 Active Stockport, United Kingdom 1,128 employees midlandred.net
Lifestyle and entertainment Other urban, suburban or metropolitan passenger land transport (not underground, metro or similar)
Accounts Submitted 23 Jan 2025
Confirmation Statement Submitted 25 Jun 2025
Net assets £15.99M £2.81M 2024 year on year
Total assets £50.40M £7.54M 2024 year on year
Total Liabilities £34.41M £4.73M 2024 year on year
Charges 8
4 outstanding 4 satisfied

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Contact & Details

Registered Address

One Stockport Exchange 20 Railway Road Stockport SK1 3SW United Kingdom

Credit Report

Discover MIDLAND RED (SOUTH) LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

Financials

Financials

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

Net Assets, Total Assets & Total Liabilities (2014–2024)

Cash in Bank

£325.00k

Decreased by £331.00k (-50%)

Net Assets

£15.99M

Increased by £2.81M (+21%)

Total Liabilities

£34.41M

Increased by £4.73M (+16%)

Turnover

£70.71M

Decreased by £18.23M (-20%)

Employees

1128

Increased by 181 (+19%)

Debt Ratio

68%

Decreased 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

No fundraising or grants recorded

Investors (0)

No investor information available

Share Capital

Share Capital

Share allotments and capital structure

4 Allotments 18,835,232 Shares £18.84m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
30 Mar 202312,000,000£12.00m£1
30 Mar 2023164,072£164k£1
6 Feb 20194,000,000£4.00m£1
18 Jan 20132,671,160£2.67m£1

Officers

Officers

4 active 48 resigned
Status
Bruce Maxwell DingwallDirectorBritishScotland4231 May 2019Active
Mark Thomas WhitelocksDirectorBritishUnited Kingdom433 Feb 2020Active
Samuel Derek GreerDirectorBritishScotland583 Jul 2023Active
Sarah Jane BradleySecretaryUnknownUnknown30 Jul 2024Active

Shareholders

Shareholders (1)

Stagecoach Bus Holdings Limited
100.0%
130 Jun 2023

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Stagecoach Bus Holdings Limited

United Kingdom

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

STAGECOACH BUS HOLDINGS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
SCUSI LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
SCOTO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
STAGECOACH TRANSPORT HOLDINGS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
STAGECOACH GROUP LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
COPPER PIPING LIMITED united kingdom
MIDLAND RED (SOUTH) LIMITED Current Company

Charges

Charges

4 outstanding 4 satisfied

Documents

Company Filings

DateCategoryDescriptionDocument
25 Jun 2025Confirmation StatementConfirmation statement made on 2025-06-23 with updatesView(4 pages)
5 Mar 2025OfficersChange to director Mr Bruce Maxwell Dingwall on 2024-12-23View(2 pages)
23 Jan 2025AccountsAnnual accounts made up to 2024-04-27View(46 pages)
20 Oct 2024IncorporationMemorandum ArticlesView(4 pages)
26 Sept 2024MortgageMortgage Create With Deed With Charge Number Charge Creation DateView(41 pages)
25 Jun 2025 Confirmation Statement

Confirmation statement made on 2025-06-23 with updates

5 Mar 2025 Officers

Change to director Mr Bruce Maxwell Dingwall on 2024-12-23

23 Jan 2025 Accounts

Annual accounts made up to 2024-04-27

20 Oct 2024 Incorporation

Memorandum Articles

26 Sept 2024 Mortgage

Mortgage Create With Deed With Charge Number Charge Creation Date

Recent Activity

Latest Activity

Confirmation statement made on 2025-06-23 with updates

7 months ago on 25 Jun 2025

Change to director Mr Bruce Maxwell Dingwall on 2024-12-23

11 months ago on 5 Mar 2025

Annual accounts made up to 2024-04-27

1 years ago on 23 Jan 2025

Memorandum Articles

1 years ago on 20 Oct 2024

Mortgage Create With Deed With Charge Number Charge Creation Date

1 years ago on 26 Sept 2024