TRANSPORTATION CLAIMS LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. TRANSPORTATION CLAIMS LIMITED 2000-02-25 → present
2. BADGERLINE RAPID TRANSIT LIMITED 1991-10-29 → 2000-02-25
3. NEARTRACK LIMITED 1987-07-22 → 1991-10-29

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

FRS 102 §1A

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“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 offset from government funding. The macro projections in the base case assume that the UK operates in a low-growth, cautiously recovering economy. A severe but plausible downside scenario was also considered with reduced passenger volumes and unexpected cost inflation. 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. The assessment is performed at a divisional level, as while there are standalone entities, the division, of which the company forms part, operates as a whole. A letter of support has been received from the ultimate parent company, FirstGroup plc ("the group"), that allows for the flow of funds around the group. Therefore, there is the intention to make available such funds as may be required to enable the company to meet its obligations for a period of at least 12 months from signing of the financial statements.”

Significant events

• “On 13 December 2024, the immediate parent changed from FirstBus Group Limited to First Bus Holdings Limited, following the transfer of the entire issued share capital of the company.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  +1.5%

  £524,000 → £532,000

• Employees

  +2.3%

  44 → 45

• Wages

  +3.9%

  £1,859,000 → £1,932,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers