FIRST GLASGOW (NO.1) LIMITED - Profile & Financials

Accounts Submitted 11 Dec 2025

Confirmation Statement Submitted 3 Jan 2025

Net assets £40.79M £12.83M 2024 year on year

Total assets £131.66M £2.23M 2024 year on year

Total Liabilities £77.31M £16.31M 2024 year on year

Charges 12

2 outstanding 10 satisfied

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Contact & Details

Contact

Update Details

Registered Address

100 Cathcart Road Glasgow G42 7BH

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

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Mutual Companies

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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 (2013–2024)

Cash in Bank

£3.50M

Increased by £3.40M (+3435%)

Net Assets

£40.79M

Increased by £12.83M (+46%)

Total Liabilities

£77.31M

Decreased by £16.31M (-17%)

Turnover

£108.28M

Increased by £12.68M (+13%)

Employees

N/A

Debt Ratio

59%

Decreased by 11 (-16%)

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

Officers

5 active 63 resigned

Show resigned officers

						Status
Andrew Simon Jarvis	Director	British	United Kingdom	51	24 Apr 2017	Active
David John Mark Blizzard	Secretary	Unknown	Unknown	—	9 Aug 2022	Active
Duncan Young Cameron	Director	British	United Kingdom	47	18 Nov 2016	Active
James Robert Mcinnes	Director	British	United Kingdom	41	31 Mar 2025	Active
Ronald Russell Williamson	Director	British	Scotland	74	1 Apr 1999	Active

Shareholders

Shareholders (1)


Firstbus (north) Limited	100.0%	15,801,000	Ordinary	25 Apr 2016

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Firstbus (north) 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

FIRSTBUS (NORTH) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors, appoint/remove directors as trust, appoint/remove directors as firm

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 GLASGOW (NO.1) LIMITED Current Company

GLASGOW SMARTZONE TICKETING LIMITED united kingdom shares 25 to 50 percent

STRATHCLYDE BUSES LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

Charges

2 outstanding 10 satisfied

Documents

Company Filings

Date	Category	Description	Document
11 Dec 2025	Accounts	Annual accounts made up to 2025-03-29	View(33 pages)
1 Apr 2025	Officers	Change to director Mr James Robert Mcinnes on 2025-04-01	View(2 pages)
31 Mar 2025	Officers	Termination of Colin Brown as director on 2025-03-31	View(1 page)
31 Mar 2025	Officers	Appointment of Mr James Robert Mcinnes as director on 2025-03-31	View(2 pages)
3 Jan 2025	Confirmation Statement	Confirmation statement made on 2025-01-03 with no updates	View(3 pages)