Bamford Bus Company Limited
Registered name: BAMFORD BUS COMPANY LIMITED
Part of Hydrab Power Limited groupBamford Bus Company Limited made £455m revenue and £23.9m profit in the year to 31 Dec 2024.
Bamford Bus Company Limited’s revenue grew 77% to £455m in the year to 31 Dec 2024, with £23.9m profit and 1,876 employees. The company is classified under “manufacture of motor vehicles” and is based in Oxford; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Oxford, South East
- Age
- 7 yrs · since 2019
- 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. From the filing: “HydraB Power Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £258m | £455m |
| Cost of sales | £222m | £362m |
| Gross profit | £35.6m | £93.4m |
| Operating profit | −£3.2m | £36.9m |
| Profit before tax | −£10.2m | £31.1m |
| Profit after tax | −£9.8m | £23.9m |
| Profit (best available) | −£9.8m | £23.9m |
| Staff costs | £47.2m | £72m |
| Employees (average) | 1,289 | 1,876 |
| Ratios | ||
| Profit margin | −3.8% | 5.3% |
| Gross margin | 13.8% | 20.5% |
| Revenue per employee | £200k | £243k |
| Profit per employee | −£7.6k | £12.7k |
| Growth (year on year) | ||
| Revenue growth | — | ▲76.6% |
| Headcount growth | — | ▲45.5% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £54.2m | £59.1m |
| Net assets | £8.4m | £35.3m |
| Fixed assets | £5.9m | £17.3m |
| Current assets | £208m | £230m |
| Debtors | £38.7m | £26.1m |
| Deferred income | £68.4m | £70m |
| Source | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 5.3%
- Profit ÷ revenue.
- Gross margin
- 20.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £243k
- Revenue ÷ average employees.
- Profit per employee
- £12.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 3.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 15.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 5.8%
- Money owed by customers. Low = customers pay quickly.
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
- ▲321%
- Now £35.3m
- Cash at bank
- ▲9%
- Now £59.1m
- Headcount
- ▲46%
- Now 1,876
- Deferred income
- ▲2%
- Now £70m
- Fixed assets
- ▲191%
- Now £17.3m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Hydrab Power Limitedultimate parent75–100%
- Bamford Bus Company Holdings Limited75–100%
- Green Investment Company One Limited75–100%
- Bamford Bus Company Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (4)
- All Service One LimitedFigures not disclosed
- Ballymena Hydrogen LimitedFigures not disclosed
- Leiston Hydrogen LimitedFigures not disclosed
- Rgi Bus & Coach Refurbishment LimitedFigures not disclosed
Sister companies (1)
- Bamford Bus Company Parts and Aftercare LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £23.9m), from the Companies House accounts bulk data published Sep 2025. Spotted an error? Request a correction.
Updated from Companies House on 25 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.