Company Overview
London United Busways Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 14 December 1988, so this is a well established company. London United Busways Limited has been in business for 37 years and 3 months. The accounts status is full and the accounts are next due on Thursday 31 December 2026.
Registered Address

Garrick House, Stamford Brook Bus Garage, 74, Chiswick High Road, London, W4 1SY
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Companies House Data
Company NameLONDON UNITED BUSWAYS LIMITED
Company Number02328561
Registered Office AddressGarrick House, Stamford Brook Bus Garage, 74
 Chiswick High Road
 W4 1SY
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date14/12/1988
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategoryFULL
Returns Next Due Date28/04/2017
Returns Last Made Up Date31/03/2016
Directors & Members
Show Resigned
Colin Brown - Director
(British, 58 years old, born February 1968)
Appointed 28 February 2025
 Active
William Cahill - Director
(British, 70 years old, born May 1956)
Appointed 01 July 2022
 Active
Secretaries
Show Resigned
Other Company Directorships
Colin Brown
BATH BUS COMPANY LIMITED
CAWLETT LIMITED
CCB HOLDINGS LIMITED
CENTREWEST ESOP TRUSTEE (UK) LIMITED
CENTREWEST LIMITED
CHESTER CITY TRANSPORT LIMITED
FIRST BEELINE BUSES LIMITED
FIRST BUS HOLDINGS LIMITED
FIRST BUS LONDON LIMITED
FIRST CYMRU BUSES LIMITED
FIRST EASTERN COUNTIES BUSES LIMITED
FIRST ESSEX BUSES LIMITED
FIRST HAMPSHIRE & DORSET LIMITED
FIRST MIDLAND RED BUSES LIMITED
FIRST NORTH WEST LIMITED
FIRST PIONEER BUS LIMITED
FIRST RAIL SUPPORT LIMITED
FIRST SOUTH WEST LIMITED
FIRST WEST OF ENGLAND LIMITED
FIRSTBUS (NORTH) LIMITED
FIRSTGROUP ENERGY SOLUTIONS LIMITED
GRENVILLE MOTORS LIMITED
HAMPSHIRE BOOKS LIMITED
KCB LIMITED
KELVIN CENTRAL BUSES LIMITED
LEICESTER CITYBUS BENEFITS LIMITED
LONDON SOVEREIGN LIMITED
LONDON TRANSIT LIMITED
NORTHAMPTON TRANSPORT LIMITED
SHEFFIELD & DISTRICT TRACTION COMPANY LIMITED
SMITHS OF PORTLAND LIMITED
SOUTHAMPTON CITYBUS LIMITED
THE ORIGINAL TOUR LIMITED
TRANSPORTATION CLAIMS LIMITED
William Cahill
FIRST BUS LONDON LIMITED
LONDON SOVEREIGN LIMITED
LONDON TRANSIT LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 05-Dec-2014 05-Dec-2013
Balance Sheet
Fixed Assets 28,373,000 28,373,000 27,560,000
Current Assets 21,019,000 21,019,000 22,276,000
Creditors Due Within One Year 18,457,000 18,457,000 17,935,000
Working Cap 2,562,000 2,562,000 4,341,000
Total Assets Less Current Liabilities 30,935,000 30,935,000 31,901,000
Long-term Liabilities 13,147,000 13,147,000 9,792,000
Net Assets 17,788,000 17,788,000 22,109,000
Share Capital & Reserves
Share Cap 3,576,000 3,576,000 3,576,000
Profit & Loss Reserves 2,217,000 2,217,000 4,488,000
Other Reserves 11,995,000 11,995,000 14,045,000
Shareholders Funds 17,788,000 17,788,000 22,109,000
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 05-Dec-2014 05-Dec-2013
Tangible Fixed Assets - - -
Fixed Assets 57.4% 57.4% 55.3%
Stocks Inventory 1.3% 1.3% 1.5%
Debtors 1.2% 1.2% 10.9%
Cash Bank In Hand 7.1% 7.1% 5.8%
Current Assets 42.6% 42.6% 44.7%
Creditors Due Within One Year 37.4% 37.4% 36.0%
Net Current Assets Liabilities 5.2% 5.2% 8.7%
Creditors Due After One Year 26.6% 26.6% 19.6%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 36.0% 36.0% 44.4%
Called Up Share Capital 7.2% 7.2% 7.2%
Share Capital Allotted Called Up Paid 7.2% 7.2% 7.2%
Profit Loss Account Reserve 4.5% 4.5% 9.0%
Shareholder Funds 36.0% 36.0% 44.4%
Capital Employed - - -
Total Assets Less Current Liabilities 62.6% 62.6% 64.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 05-Dec-2014 05-Dec-2013
Liquidity Ratio 1.1 1.1 1.2
Solvency Ratio 1.6 1.6 1.8
Reserves to Assets 0.0 0.0 0.1
Secured Creditors Unlock full report
Mortgages Charges 22
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 22
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 05-Dec-2014 05-Dec-2013
Assets 49,392,000 49,392,000 49,836,000
Debt 31,604,000 31,604,000 27,727,000
Net Assets/Debt 17,788,000 17,788,000 22,109,000

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet indicates the net assets of a good sized company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet indicates the net assets of a good sized company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet indicates the net assets of a good sized company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Confirmation statement made on 3 January 2026 with no updates
Current accounting period extended from 31 December 2025 to 31 March 2026
Confirmation statement made on 17 September 2025 with updates
Director's details changed for Mr James Robert Mcinnes on 1 April 2025
Director's details changed for James Robert Mcinnes on 28 March 2025
Register inspection address has been changed from Third Floor One London Square Cross Lanes Guildford Surrey GU1 1UN United Kingdom to 8th Floor, the Point 37 North Wharf Road London England and Wales W2 1AF
Change of details for Ratp Dev Transit London Ltd as a person with significant control on 28 February 2025
Termination of appointment of Mohamed Amine Fellahi as a director on 28 February 2025
Termination of appointment of Joel Jacques Cohen as a director on 28 February 2025
Termination of appointment of Geraldine Fabre as a secretary on 28 February 2025
Termination of appointment of Nigel John Wood as a director on 28 February 2025
Termination of appointment of Fiona Guthrie as a director on 28 February 2025
Termination of appointment of Mehdi Takyedine Sinaceur as a director on 28 February 2025
Termination of appointment of Cyril Marcel Charles Aubin as a director on 28 February 2025
Termination of appointment of Andrew William Parsonson as a director on 28 February 2025
Appointment of James Robert Mcinnes as a director on 28 February 2025
Appointment of Mr Colin Brown as a director on 28 February 2025
Termination of appointment of Christopher Mark Tong as a director on 28 February 2025
Director's details changed for Nigel John Wood on 2 December 2024
Director's details changed for Mohamed Amine Fellahi on 1 September 2024
Confirmation statement made on 17 September 2024 with no updates
Appointment of Cyril Marcel Charles Aubin as a director on 19 June 2024
Termination of appointment of Federico Carlo Francesco Tonetti as a director on 19 June 2024
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