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London United Busways Limited

02328561

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

GARRICK HOUSE, STAMFORD BROOK BUS GARAGE, 74, LONDON, W4 1SY
Incorporated 14/12/1988

Compliance

Last accounts

31/12/2024

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 03/01/2026

Due 17/01/2027

On track

Industry

49319
49319

Officers

William John Cahill

director · Since 01/07/2022

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 70

Also on 3 other boards

Mr Colin Brown

director · Since 28/02/2025

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 58

Also on 88 other boards

Mr James Robert Mcinnes

director · Since 28/02/2025

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 42

Also on 51 other boards

Persons with Significant Control

First Bus London Limited

75–100% shares
75–100% votes
Appoint directors

8th Floor, The Point, London, W2 1AF

Reg: 13610251 · Uk Register Of Companies · Private Company Limited By Shares

Notified 11/12/2021

Former PSCs

Ratp Dev Uk Ltd

Ceased 11/12/2021

CompanyRankvs 115+ SIC 49319 peers
60

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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115London United Busways Limited
70
How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

procedures to evaluate the directors’ assessment of the company’s ability to continue to adopt the going concern basis of accounting included but were not limited to: Undertaking an initial assessment at the planning stage of the audit to identify events or conditions that may cast significant doubt on t

Key FinancialsYear ending 31/12/2024

Net Worth

£23.6M

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

—

Current Liabilities

—

Profit After Tax

-£20.7M

2628avg. employees-24

Balance Sheet

Interest payable£7.3M
Prepared with CCH Software

EstimatesDerived

YearImplied Profit
2024+£0

Derived from filed accounts. Not audited figures.