Company Overview
Fife Scottish Omnibuses Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 26 February 1948, so this is a well established company. Fife Scottish Omnibuses Limited has been in business for 76 years and 2 months. The accounts status is full and the accounts are next due on Friday 31 January 2025.
Registered Address

10 Dunkeld Road, Perth, PH1 5TW
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Companies House Data
Company NameFIFE SCOTTISH OMNIBUSES LIMITED
Company NumberSC026126
Registered Office Address10 DUNKELD ROAD
 PERTH
 PH1 5TW
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date26/02/1948
Accounting Reference Date Day30
Accounting Reference Date Month4
Accounts Next Due Date31/01/2025
Accounts Last Made Up Date29/04/2023
Accounts Account CategoryFULL
Returns Next Due Date05/05/2017
Returns Last Made Up Date07/04/2016
Directors & Members
Show Resigned
Bruce Dingwall - Director
(British, 41 years old, born April 1983)
Accountant - Appointed 31 May 2019
Active
Samuel Greer - Director
(British, 56 years old, born February 1968)
Company Director - Appointed 24 February 2020
Active
Douglas Robertson - Director
(British, 46 years old, born December 1978)
Company Director - Appointed 01 April 2019
Active
Secretaries
Show Resigned
Balance Sheet Unlock full report
Accounts Date 29-Apr-2023 30-Apr-2015 30-Apr-2014
Balance Sheet
Fixed Assets 44,280,000 44,280,000 41,156,000
Current Assets 11,410,000 11,410,000 11,986,000
Creditors Due Within One Year 43,404,000 43,404,000 43,078,000
Working Cap -31,994,000 -31,994,000 -31,092,000
Total Assets Less Current Liabilities 12,286,000 12,286,000 10,064,000
Long-term Liabilities 6,407,000 6,407,000 8,920,000
Net Assets 5,879,000 5,879,000 1,144,000
Share Capital & Reserves
Share Cap 2,675,000 2,675,000 2,675,000
Profit & Loss Reserves 3,204,000 3,204,000 -1,531,000
Other Reserves 0 0 0
Shareholders Funds 5,879,000 5,879,000 1,144,000
Common Size Financial Analysis Unlock full report
Accounts Date 29-Apr-2023 30-Apr-2015 30-Apr-2014
Tangible Fixed Assets - - -
Fixed Assets 79.5% 79.5% 77.4%
Stocks Inventory 0.8% 0.8% 0.9%
Debtors 0.0% 0.0% 0.0%
Cash Bank In Hand 11.8% 11.8% 14.7%
Current Assets 20.5% 20.5% 22.6%
Creditors Due Within One Year 77.9% 77.9% 81.1%
Net Current Assets Liabilities -57.5% -57.5% -58.5%
Creditors Due After One Year 11.5% 11.5% 16.8%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 10.6% 10.6% 2.2%
Called Up Share Capital 4.8% 4.8% 5.0%
Share Capital Allotted Called Up Paid 4.8% 4.8% 5.0%
Profit Loss Account Reserve 5.8% 5.8% -2.9%
Shareholder Funds 10.6% 10.6% 2.2%
Capital Employed - - -
Total Assets Less Current Liabilities 22.1% 22.1% 18.9%
Financial Ratio Analysis Unlock full report
Accounts Date 29-Apr-2023 30-Apr-2015 30-Apr-2014
Liquidity Ratio 0.3 0.3 0.3
Solvency Ratio 1.1 1.1 1.0
Reserves to Assets 0.1 0.1 0.0
Secured Creditors Unlock full report
Mortgages Charges 25
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 25
Assets and Debt Analysis Unlock full report
Accounts Date 29-Apr-2023 30-Apr-2015 30-Apr-2014
Assets 55,690,000 55,690,000 53,142,000
Debt 49,811,000 49,811,000 51,998,000
Net Assets/Debt 5,879,000 5,879,000 1,144,000

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.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered.

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.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered.   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.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered.

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
Other Business around PH1 5TW
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SCHOOLBUS LIMITED
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A.A. BUSES LIMITED
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STAGECOACH PENSION TRUSTEE COMPANY LTD.
10 DUNKELD ROAD, PERTH, PERTHSHIRE, PH1 5TW
MAGICBUS SCOTLAND LIMITED
10 Dunkeld Road, Perth, Perthshire, PH1 5TW
STAGECOACH GROUP PLC
10 Dunkeld Road, Perth, Perthshire, PH1 5TW
ORKNEY COACHES LIMITED
10 Dunkeld Road, Perth, Perthshire, PH1 5TW
HIGHLAND COUNTRY BUSES LIMITED
10 DUNKELD ROAD, PERTH, PERTHSHIRE, PH1 5TW
STAGECOACH (SCOTLAND) LIMITED
10 Dunkeld Road, Perth, PH1 5TW
Document Filings
Confirmation statement made on 7 April 2024 with no updates
Director's details changed for Mr Samuel Derek Greer on 25 March 2024
Termination of appointment of Carla Lucy Stockton-Jones as a director on 3 July 2023
Confirmation statement made on 7 April 2023 with no updates
Confirmation statement made on 7 April 2022 with no updates
Satisfaction of charge 25 in full
Confirmation statement made on 7 April 2021 with no updates
Director's details changed for Douglas Robertson on 30 July 2020
Appointment of Carla Lucy Stockton-Jones as a director on 1 July 2020
Termination of appointment of Arnold Mark Threapleton as a director on 30 June 2020
Confirmation statement made on 7 April 2020 with no updates
Appointment of Mr Arnold Mark Threapleton as a director on 23 March 2020
Appointment of Samuel Derek Greer as a director on 24 February 2020
Termination of appointment of Robert Gervase Andrew as a director on 24 February 2020
Termination of appointment of Colin Brown as a director on 31 May 2019
Appointment of Bruce Dingwall as a director on 31 May 2019
Termination of appointment of Jon Oakey as a director on 22 May 2019
Confirmation statement made on 7 April 2019 with no updates
Appointment of Douglas Robertson as a director on 1 April 2019

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