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Company No. 02656574 · Incorporated 23 Oct 1991

Ensign Bus Company Limited

Registered name: ENSIGN BUS COMPANY LIMITED

Part of Firstgroup PLC group

Ensign Bus Company Limited made £32.3m revenue and £3m profit in the year to 25 Mar 2023.

Ensign Bus Company Limited’s revenue was £32.3m in the year to 25 Mar 2023, with £3m profit and 204 employees. The company is classified under “other passenger land transport” and is based in Aveley South Ockendon; we hold 2 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 49390Other passenger land transport
Status
Active
Location
Aveley South Ockendon, London
Age
35 yrs · since 1991
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 25 Mar 2023

Key figures

Cash flow filed
Revenue
£32.3m
Growth —
Profit
£3m
Growth —
Profit margin
9.2%
Gross 18.3%
Employees
204
Change —
Profit / employee
£14.6k
Revenue/employee £158k
Profitable streak
2yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202125 Mar 2023
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£26.7m£32.3m
Cost of sales£20.4m£26.4m
Gross profit£6.3m£5.9m
Operating profit£8.6m£3.6m
Profit before tax£8.6m£3.5m
Profit after tax£6.4m£3m
Profit (best available)£6.4m£3m
Staff costs£7.7m£10.6m
Employees (average)201204
Ratios
Profit margin24%9.2%
Gross margin23.7%18.3%
Revenue per employee£133k£158k
Profit per employee£31.9k£14.6k
Cash conversion−64.1%−260.6%
Balance sheet — indirect signals, not revenue
Cash at bank£12.4m£1m
Net assets£33.8m£24.5m
Fixed assets£21.9m£18.5m
Current assets£19.6m£11.6m
Debtors£2.1m£1.2m
Deferred income£184k£153k
Cash from operations−£5.5m−£9.4m
SourceAccounts · bulk data Dec 2023Accounts · bulk data Dec 2023
Derived from the latest filing

How the business works

Profit margin
9.2%
Profit ÷ revenue.
Gross margin
18.3%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£158k
Revenue ÷ average employees.
Profit per employee
£14.6k
Profit ÷ average employees.
Cash conversion
−260.6%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
57.2%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0.5%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
3.8%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
—
Now £24.5m
Cash at bank
—
Now £1m
Headcount
—
Now 204
Deferred income
—
Now £153k
Fixed assets
—
Now £18.5m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Firstgroup PLCultimate parent75–100%
  2. First Bus Holdings Limited75–100%
  3. Ensign Bus Company Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (30)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 25 Mar 2023 (profit £3m), from the Companies House accounts bulk data published Dec 2023. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.