NOTTINGHAM CITY TRANSPORT LIMITED

1. NOTTINGHAM CITY TRANSPORT LIMITED 1986-10-24 → present
2. NOTTINGHAM CITY TRANSPORT COMPANY LIMITED 1986-05-12 → 1986-10-24
3. NOTTINGHAM BUSES LIMITED 1986-03-27 → 1986-05-12

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

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.

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have prepared detailed trading and cash flow forecasts for the Company including sensitivity and reverse stress testing scenarios. These forecasts show that the Company will be able to continue to operate and pay its liabilities as they fall due for payment for at least twelve months from the date of approval of these financial statements and the date of signing the audit report, up to 31 March 2027 ("going concern assessment period"). ... The Directors consider this cash balance and the confirmed amount of government support allocated to be sufficient to support the Company in operation and to pay its liabilities as they fall due for payment in the going concern assessment period. ... However the Directors do not consider these uncertainties to be material uncertainties that may cast significant doubt on the Company's ability to continue as a going concern. If passenger numbers continue to be affected, additional mitigating measures would be introduced.”

Significant events

• “fall in fare-paying passengers due to the rise in the NBFC from £2 to £3 as of 1 January 2025.”
• “recovery plan in place in summer 2025 and work on this is ongoing”
• “On 19 February 2026, there was a collision between a Nottingham City Transport bus and a tram. We have received a legal claim for both property damage and personal injury, and the Company is evaluating the financial impact and legal merits. The directors believe the claim will be covered by the motor fleet insurance policy, which has a deductible of £125,000.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +5.3%

  £59,271,000 → £62,388,000

• Cash

  -37%

  £14,353,000 → £9,043,000

• Net assets

  +11%

  £14,927,000 → £16,572,000

• Employees

  +4.2%

  1,068 → 1,113

• Operating profit

  -66.1%

  £5,063,000 → £1,717,000

• Profit before tax

  -74.9%

  £4,376,000 → £1,097,000

• Wages

  +6.5%

  £32,155,000 → £34,250,000

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