First Bus London Limited
Registered name: FIRST BUS LONDON LIMITED
Part of Firstgroup PLC groupFirst Bus London Limited made £2.7m revenue and a £197k loss in the year to 31 Dec 2024. read from filing text
First Bus London Limited’s revenue grew 8% to £2.7m in the year to 31 Dec 2024, with a loss of £197k and 0 employees. The company is classified under “activities of other holding companies” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 5 yrs · since 2021
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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: “On 28 February 2025, the controlling interest of the Company was acquired by First Bus Holdings Limited and the Company changed it's name from RATP DEV Transit London Ltd to First Bus London 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 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £3.4m | £2.5m | £2.7m |
| Operating profit | £0 | −£27k | −£1k |
| Profit before tax | −£63m | −£796k | −£197k |
| Profit after tax | −£63m | −£796k | −£197k |
| Profit (best available) | −£63m | −£796k | −£197k |
| Employees (average) | — | 0 | 0 |
| Ratios | |||
| Profit margin | −1861% | −31.5% | −7.2% |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲7.8% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £280k | £157k | £121k |
| Net assets | −£125k | −£921k | £124m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- −7.2%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now £124m
- Cash at bank
- ▼23%
- Now £121k
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Firstgroup PLCultimate parent75–100%
- First Bus Holdings Limited75–100%
- First Bus London Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (3)
- London United Busways LimitedRev. £192m · Profit −£20.7m
- London Sovereign LimitedRev. £58.1m · Profit −£5.5m
- London Transit LimitedRev. £31.7m · Profit −£9.7m
Sister companies (30)
- Ensign Bus Company LimitedRev. £32.3m · Profit £3m
- Wilfreda Luxury Coaches LimitedRev. £8.1m · Profit £909k
- Bath Bus Company LimitedRev. £4m · Profit −£186k
- Anderson Tours Holdings LimitedFigures not disclosed
- Anderson Travel Holdings LimitedFigures not disclosed
- CCB Holdings LimitedActive - Proposal to Strike offFigures not disclosed
- Centrewest LimitedFigures not disclosed
- Eagle Coaches LimitedFigures not disclosed
- First Bus Central Services LimitedFigures not disclosed
- First Bus Retirement Savings Plan Trustee LimitedFigures not disclosed
- First Cymru Buses LimitedFigures not disclosed
- First Eastern Counties Buses LimitedFigures not disclosed
- First Essex Buses LimitedFigures not disclosed
- First Midland Red Buses LimitedFigures not disclosed
- First Northern Ireland LimitedFigures not disclosed
- First South West LimitedFigures not disclosed
- First West of England LimitedFigures not disclosed
- Firstbus (North) LimitedFigures not disclosed
- Hills Coaches LimitedFigures not disclosed
- J & B Travel LimitedFigures not disclosed
- J.D. Peace & Co. (Aberdeen) LimitedFigures not disclosed
- JR Davies & Son Holdings LimitedRev. — · Profit £344k
- KB Coaches LimitedFigures not disclosed
- Leicester Citybus LimitedFigures not disclosed
- London Mini Coaches Holding LimitedFigures not disclosed
- Southampton Citybus LimitedFigures not disclosed
- Tetley's Motor Services LimitedFigures not disclosed
- The Original Tour LimitedFigures not disclosed
- Transportation Claims LimitedFigures not disclosed
- Ypbc LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£197k), from the Companies House accounts bulk data published Oct 2025. 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.