FIRST MIDLAND RED BUSES LIMITED - Profile & Financials

Accounts Submitted 17 Oct 2025

Confirmation Statement Submitted 3 Jan 2025

Net assets £1.58M £1.13M 2023 year on year

Total assets £5.55M £287.00K 2023 year on year

Total Liabilities £3.97M £842.00K 2023 year on year

Charges 9

9 satisfied

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Contact & Details

Contact

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Registered Address

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

Office (Halifax)

Unnamed Road, Halifax HX1 2RF

Office (Aberdeen)

395 King Street, Aberdeen, AB24 5RP

first.etickets@firstbus.co.uk

Website

firstbus.co.uk

Credit Report

Discover FIRST MIDLAND RED BUSES LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2023

Type Total Exemption Full

Next accounts 31 December 2024

Due by 30 September 2025 9 months

Net Assets, Total Assets & Total Liabilities (2013–2023)

Cash in Bank

£263.00k

Decreased by £135.00k (-34%)

Net Assets

£1.58M

Increased by £1.13M (+248%)

Total Liabilities

£3.97M

Decreased by £842.00k (-17%)

Turnover

£8.77M

Increased by £602.00k (+7%)

Employees

127

Decreased by 1 (-1%)

Debt Ratio

71%

Decreased by 20 (-22%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2023 Dec Year End	2022 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

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Investors (0)

No investor information available

Officers

4 active 59 resigned

Show resigned officers

						Status
Colin Brown	Director	British	United Kingdom	58	1 Feb 2021	Active
David John Mark Blizzard	Secretary	Unknown	Unknown	—	9 Aug 2022	Active
Douglas Bryan Claringbold	Director	British	United Kingdom	57	3 Oct 2022	Active
James Robert Mcinnes	Director	British	United Kingdom	41	31 Mar 2025	Active

Shareholders

Shareholders (1)


First Bus Holdings Limited	100.0%	1,890,000	Ordinary	3 Jan 2025

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Firstbus 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

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Group Structure

FIRST BUS HOLDINGS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

FIRSTGROUP PLC united kingdom

FIRST MIDLAND RED BUSES LIMITED Current Company

Charges

9 satisfied

Documents

Company Filings

Date	Category	Description	Document
17 Oct 2025	Accounts	Annual accounts made up to 2025-03-29	View(27 pages)
17 Oct 2025	Other	Audit exemption statement of guarantee by parent company for period ending 29/03/25	View(3 pages)
17 Oct 2025	Accounts	Annual accounts filed	View(223 pages)
17 Oct 2025	Other	Notice of agreement to exemption from audit of accounts for period ending 29/03/25	View(1 page)
1 Apr 2025	Officers	Change to director Mr James Robert Mcinnes on 2025-04-01	View(2 pages)