FIRST TRAVEL SOLUTIONS LIMITED
Get an alert when FIRST TRAVEL SOLUTIONS LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-29
Confirmation statement due
2027-01-17 (in 8mo)
Last made up 2026-01-03
Watchouts
None on the register
Cash
£3M
+27% vs 2024
Net assets
£7M
+7.1% vs 2024
Employees
415
+8.1% vs 2024
Profit before tax
£477K
-83% vs 2024
Name history
Renamed 9 times since incorporation
- FIRST TRAVEL SOLUTIONS LIMITED 2016-05-31 → present
- FIRST RAIL SUPPORT LIMITED 2004-07-07 → 2016-05-31
- FIRST RAIL LIMITED 2003-08-18 → 2004-07-07
- THAMES VALLEY TRACTION COMPANY LIMITED 1998-04-14 → 2003-08-18
- THE BERKS BUCKS BUS COMPANY LIMITED 1996-04-09 → 1998-04-14
- BERKS BUCKS BUS COMPANY LIMITED 1996-03-20 → 1996-04-09
- Q DRIVE BUSES LIMITED 1992-12-09 → 1996-03-20
- BERKS BUCKS BUS COMPANY LIMITED(THE) 1987-01-25 → 1992-12-09
- BERKS BUCKS BUS COMPANY LIMITED(THE) 1987-01-09 → 1987-01-25
- ALDER VALLEY NORTH LIMITED 1985-11-28 → 1987-01-09
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2025-03-29
| Metric | Trend | 2024-03-30 | 2025-03-29 |
|---|---|---|---|
| Turnover | £71,279,000 | £67,499,000 | |
| Operating profit | £2,798,000 | £476,000 | |
| Profit before tax | £2,800,000 | £477,000 | |
| Net profit | £2,103,000 | £351,000 | |
| Cash | £2,012,000 | £2,556,000 | |
| Total assets less current liabilities | £6,930,000 | £7,402,000 | |
| Net assets | £6,911,000 | £7,402,000 | |
| Equity | £6,911,000 | £7,402,000 | |
| Average employees | 384 | 415 | |
| Wages | £6,022,000 | £7,103,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-30 | 2025-03-29 |
|---|---|---|---|
| Operating margin | 3.9% | 0.7% | |
| Net margin | 3.0% | 0.5% | |
| Return on capital employed | 40.4% | 6.4% | |
| Gearing (liabilities / total assets) | 72.4% | 67.7% | |
| Current ratio | 1.38x | 1.47x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At 29 March 2025, the company had cash of £2.6 million (2024: £2.0 million), net current assets of £7.2 million (2024: £6.8 million), net assets of £7.4 million (2024: £6.9 million) and made a profit after taxation of £0.4 million (2024: £2.1 million). A going concern assessment has been performed for the UK Bus Division as a whole, which shows positive operating cashflows for a period of at least 12 months from the date of signing the financial statements. The base case assumes growth in passenger volumes and yield, with some government funding. The macro projections in the base case assume that the UK operates in a low-growth, cautiously recovering economy. The directors believe that the likelihood of an extreme downside scenario leading to failure by the company to meet its obligations as they fall due is remote.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 44 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CURSIO, Simon Antonio | Director | 2026-04-01 | Jan 1973 | British |
| JARVIS, Andrew Simon | Director | 2025-03-31 | Jul 1974 | British |
| MCINNES, James Robert | Director | 2025-03-31 | May 1984 | British |
Show 44 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARRIE, Sidney | Secretary | 2010-08-11 | 2011-07-15 |
| BARRIE, Sidney | Secretary | 2006-06-16 | 2007-07-13 |
| BROWNLIE, Malcolm Philip | Secretary | — | 1992-08-01 |
| GLIBOTA-VIGO, Silvana Nerina | Secretary | 2019-11-15 | 2020-07-31 |
| HAMPSON, Michael | Secretary | 2016-10-03 | 2019-11-14 |
| LEWIS, Paul Michael | Secretary | 2011-07-15 | 2014-05-19 |
| QUINN, David Laurence, Mr. | Secretary | 2000-01-22 | 2005-08-30 |
| SOPER, Richard Michael | Secretary | 1992-08-01 | 1996-03-20 |
| STOREY, John Anthony | Secretary | 1996-03-19 | 2000-01-22 |
| WELCH, Robert John | Secretary | 2014-05-19 | 2016-07-22 |
| WHITE, Julia Michelle | Secretary | 2007-07-13 | 2010-08-11 |
| ALEXANDER, David Brian | Director | 2011-06-30 | 2014-04-30 |
| BARKER, Vernon Ian | Director | 2008-04-25 | 2011-10-14 |
| BROWN, Colin | Director | 2021-06-10 | 2025-03-31 |
| BROWN, David Allen | Director | 1996-04-26 | 1998-02-11 |
| BROWNLIE, Malcolm Philip | Director | — | 1992-08-01 |
| BROXTON, Teresa Maria | Director | 2011-06-30 | 2014-03-31 |
| CLANCY, Hugh Patrick | Director | 2010-03-01 | 2011-05-24 |
| COLEMAN, Christopher Sean Lee | Director | 2009-02-08 | 2010-07-01 |
| DANIELS, Leon Alistair | Director | 2001-01-15 | 2011-04-19 |
| DAVIES, Michael Thomas | Director | 2012-06-22 | 2016-12-07 |
| DUCKWORTH, Maurice | Director | 2004-07-29 | 2014-03-31 |
| DUNCAN, Robert Alexander | Director | 1997-03-26 | 2001-12-07 |
| FOWLES, David Beverley | Director | 1998-02-11 | 2001-05-15 |
| FURZE-WADDOCK, Paul Desmond | Director | 2008-04-01 | 2009-11-03 |
| GILCHRIST, Joseph | Director | 2003-11-13 | 2006-01-03 |
| HENDY, Peter Gerard, Sir | Director | 1996-03-19 | 2000-12-31 |
| HITCHMOUGH, Gary Philip | Director | 2023-10-01 | 2025-03-31 |
| JAMES, David Frederick | Director | — | 1996-03-20 |
| JARROTT, Melanie | Director | 2015-01-01 | 2015-12-31 |
| JONES, Adrian Mark | Director | 2005-09-12 | 2008-07-29 |
| KIRK, Richard | Director | 2017-06-08 | 2022-11-21 |
| MUIR, Robert Menzies | Director | 1996-03-19 | 2000-04-07 |
| QUINN, David Laurence, Mr. | Director | 2000-01-22 | 2005-08-30 |
| SCHOLEY, Andrew Mark | Director | 2014-03-31 | 2026-04-01 |
| SOPER, Richard Michael | Director | — | 1996-03-20 |
| STOREY, John Anthony | Director | 1996-03-19 | 2000-01-22 |
| TAYLOR, Andrew | Director | — | 1995-03-27 |
| THOMPSON, Joseph Andrew | Director | 2021-06-10 | 2022-11-21 |
| VANE, Nicholas Sean Robert Tempest | Director | 2007-07-13 | 2012-06-22 |
| WHITE, Julia Michelle | Director | 2007-07-13 | 2022-11-21 |
| WHITWORTH, John Alan | Director | 1996-03-19 | 2001-09-30 |
| WILSON, Anthony Roy | Director | 2002-07-02 | 2006-09-21 |
| WRIGHT, Leonard James | Director | — | 1996-03-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| First Beeline Buses Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 257 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-08 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-07 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-11 | AA | accounts | Accounts with accounts type full | |
| 2025-08-12 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-01 | CH01 | officers | Change person director company with change date | |
| 2025-03-31 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-31 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-31 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-17 | AA | accounts | Accounts with accounts type full | |
| 2024-01-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-22 | AA | accounts | Accounts with accounts type full | |
| 2023-10-02 | AP01 | officers | Appoint person director company with name date | |
| 2023-04-05 | AA | accounts | Accounts with accounts type full | |
| 2023-02-20 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-01-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-25 | TM01 | officers | Termination director company with name termination date | |
| 2022-11-25 | TM01 | officers | Termination director company with name termination date | |
| 2022-11-25 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-03-29 vs 2024-03-30
-
Turnover
-5.3%
£71,279,000 £67,499,000
-
Cash
+27%
£2,012,000 £2,556,000
-
Net assets
+7.1%
£6,911,000 £7,402,000
-
Employees
+8.1%
384 415
-
Operating profit
-83%
£2,798,000 £476,000
-
Profit before tax
-83%
£2,800,000 £477,000
-
Wages
+18%
£6,022,000 £7,103,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers