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Passenger Plus Ltd

07978916

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

THE COACH STATION, ASHFORD, TN23 6JW
Incorporated 06/03/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49319
49319

Officers

Mr Mark Drury

director · Since 06/03/2012

LOGISTICS DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 1 other board

Mr Kevin Ken Hughes

director · Since 11/09/2012

COACH OPERATOR

BRITISH · ENGLAND · Age 54

Also on 3 other boards

Persons with Significant Control

Mr Mark Drury

25–50% shares
25–50% votes
Appoint directors

British · England · Age 55

15 Folks Wood Way, Lympne, CT21 4EW

Notified 06/04/2016

Ashford Minibuses Limited

50–75% shares
50–75% votes

The Coach Station, Malcolm Sargent Road, Ashford, TN23 6JW

Reg: 05959533 · Companies House · Private Limited Company

Notified 06/04/2016

Charges1 outstanding

charge
satisfied

HITACHI CAPITAL (UK) PLC T/A HITACHI CAPITAL INVOICE FINANCE

Created 19/12/2012Registered 05/01/2013Satisfied 04/04/2025
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 05/12/2012Registered 21/12/2012

CompanyRankvs 219+ SIC 49319 peers
45

Financial strength95th percentile among SIC peers · 24/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.89× · 6/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees6/15 pts

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

Liquidity6/20 pts

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

Longevity14/15 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

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/03/2025

Net Worth

£1.9M

Balance sheet strength

Cash

£603k

Cash in the bank

Profit Before Tax

£97k

Bottom line earnings

Net Current Assets

-£153k

Working capital

Current Assets

£1.3M

Current Liabilities

£1.5M

Fixed Assets

£6.0M

Debtors

£698k

Cost of Sales

£3.6M

Admin Expenses

£801k

Profit After Tax

-£74k

1avg. employees-61

Tax at Year End

Dividends paid£200k

People Costs

Wages & salaries£2.2M

Balance Sheet

Assets less current liabilities£5.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.89-£588k
20240.99+£489k
20230.83+£165k
20220.77+£585k
20210.53+£362k
20200.43+£19k
20190.71

Derived from filed accounts. Not audited figures.