MOBICO GROUP PLC
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-31 (in 10mo)
Last made up 2026-03-17
Watchouts
None on the register
Cash
£122M
-29.7% vs 2023
Net assets
£1B
-43.4% vs 2023
Employees
49,785
+11.4% vs 2023
Profit before tax
£101M
+8.8% vs 2023
Name history
Renamed 4 times since incorporation
- MOBICO GROUP PLC 2023-06-20 → present
- NATIONAL EXPRESS GROUP PLC 1991-11-04 → 2023-06-20
- SPEEDTHEME LIMITED 1991-06-21 → 1991-11-04
- DRAWLANE EXPRESS LIMITED 1991-04-19 → 1991-06-21
- OFFERLETTER LIMITED 1991-03-11 → 1991-04-19
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £3,150,900,000 | £3,412,400,000 | |
| Operating profit | £168,600,000 | £187,700,000 | |
| Profit before tax | £92,900,000 | £101,100,000 | |
| Net profit | £50,400,000 | £59,700,000 | |
| Cash | £173,000,000 | £121,700,000 | |
| Total assets less current liabilities | £2,969,500,000 | £2,119,100,000 | |
| Net assets | £1,896,500,000 | £1,073,500,000 | |
| Equity | £1,896,500,000 | £1,073,500,000 | |
| Average employees | 44,709 | 49,785 | |
| Wages | £1,363,800,000 | £1,585,100,000 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 5.4% | 5.5% | |
| Net margin | 1.6% | 1.7% | |
| Return on capital employed | 5.7% | 8.9% | |
| Gearing (liabilities / total assets) | 42.8% | 55.4% | |
| Current ratio | 0.67x | 0.59x | |
| Interest cover | 2.13x | 2.09x |
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
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Committee concluded that the Group's financial statements for the period ended 31 December 2024 should be prepared on the going concern basis.”
Group structure
- MOBICO GROUP PLC · parent
- National Express Limited 100%
- Durham School Services LP 100%
- National Express Germany GmbH 95%
- Autobuses Urbanos de Bilbao, S.A. 75%
Significant events
- “ALSA won the "Best Customer Experience" e-transport award for the third consecutive year in 2024.”
- “WeDriveU has adopted the single, unifying brand for the whole Transit & Shuttle operation, bringing together the seven North America Transit brands that existed previously.”
- “North America School Bus has been more adept at identifying and recovering underutilised assets created and deployed the new MOR (Max On Road) system.”
- “In 2024, the Group disposed of a number of smaller non-core subsidiary undertakings and made several acquisitions.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
10 active · 64 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SAUNDERSON, Gillian | Secretary | 2026-02-01 | — | — |
| COSMEN MENENDEZ-CASTANEDO, Jorge | Director | 2005-12-01 | Apr 1968 | Spanish |
| DE PRO GONZALO, Ana | Director | 2019-10-01 | Oct 1967 | Spanish |
| DUPUY DE LOME CHAVARRI, Enrique | Director | 2023-11-01 | Mar 1957 | Spanish |
| EGAN, Brian | Director | 2025-06-24 | Jul 1963 | Irish |
| FLOWERS, Carolyn Ann | Director | 2021-06-01 | Jul 1949 | American |
| GEARY, Karen Mary | Director | 2019-10-01 | Nov 1962 | British |
| IGLESIAS CAMPOS, Francisco | Director | 2026-04-01 | Jun 1966 | Spanish |
| POCKLINGTON, Nigel David | Director | 2023-08-01 | May 1971 | British |
| WHITE, Philip Michael | Director | 2025-05-01 | Sep 1949 | British |
Show 64 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ARMSTRONG, Colin North | Secretary | 1998-01-08 | 1999-12-31 |
| ARNAOUTI, Michael | Secretary | 2017-04-13 | 2018-12-31 |
| BALDRY, Joy Elizabeth | Secretary | 2016-05-02 | 2017-04-12 |
| CALLANDER, Simon | Secretary | 2022-06-13 | 2026-01-31 |
| DODD, John Hamilton | Secretary | 1991-04-08 | 1995-11-02 |
| FORBES, Sandra Elizabeth Margaret | Secretary | 2014-05-30 | 2016-05-01 |
| HAMPSON, Michael David | Secretary | 2012-01-30 | 2014-05-30 |
| HOUSSEMAYNE DU BOULAY, Marion Louise | Secretary | 1995-11-02 | 1998-01-08 |
| MCDONALD, Anthony Joseph | Secretary | 2000-05-15 | 2012-01-30 |
| MYRAM, Jennifer Naomi | Secretary | 2019-01-01 | 2022-04-20 |
| ROLLASON, William Peter | Secretary | 1999-12-31 | 2000-05-15 |
| SAUNDERSON, Gillian | Secretary | 2022-04-20 | 2022-06-13 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1991-03-11 | 1991-04-08 |
| ARMITT, John Alexander, Sir | Director | 2013-01-01 | 2022-12-31 |
| ASHLEY, Matthew Edward | Director | 2015-01-28 | 2020-04-03 |
| BOWKER, Steven Richard | Director | 2006-09-12 | 2009-07-10 |
| BROWN, Richard Howard | Director | 1999-07-31 | 2001-12-07 |
| CATHCART, William Alun | Director | 1992-11-23 | 2000-09-04 |
| CHILD, Colin Charles | Director | 1993-09-09 | 1999-07-31 |
| COLSTON, Donald | Director | 1995-05-04 | 1995-08-04 |
| CRESSEY, James Bernard | Director | 1992-10-29 | 1995-05-04 |
| CRUMMACK, Matthew | Director | 2015-05-06 | 2023-07-31 |
| CURTIS, Miranda Theresa Claire | Director | 2008-06-01 | 2012-05-10 |
| DAVIES, Angie Michael | Director | 1992-02-13 | 2004-05-05 |
| DAVIES, Christopher Mark | Director | 2017-05-10 | 2022-10-31 |
| DEVANEY, John Francis | Director | 2009-04-02 | 2013-01-31 |
| DEVLIN, Roger William | Director | 2007-10-01 | 2011-06-28 |
| DUFFY, Joseph Thomas | Director | 1995-05-04 | 1995-11-27 |
| DURHAM, Larry Kent | Director | 2003-03-04 | 2004-02-25 |
| EDWARDS, Derek | Director | 1992-11-23 | 1993-07-20 |
| FINCH, Dean Kendal | Director | 2010-02-15 | 2020-08-31 |
| FOSTER, Andrew William, Sir | Director | 2004-08-01 | 2015-05-06 |
| GARAT PEREZ, Jose Ignacio | Director | 2020-11-01 | 2025-04-30 |
| GARCIA, Joaquin Ayuso | Director | 2011-06-01 | 2019-12-31 |
| GIBSON, John Michael Barry | Director | 1999-11-17 | 2008-05-31 |
| HAY, Roger Owen | Director | 1991-07-25 | 1992-11-23 |
| HUNT, Jacqueline | Director | 2012-09-13 | 2015-05-06 |
| KELSEY, Alan Howard Mitchell | Director | 1996-06-03 | 1998-02-26 |
| KERSLAKE, Brian John | Director | 1995-05-04 | 1995-08-31 |
| KINGSTON, Jane Sarah May | Director | 2014-02-26 | 2019-12-31 |
| LYONS, Susan Mary | Director | 2001-05-23 | 2007-12-19 |
| MAIDEN, Jeremy Kim | Director | 2008-11-17 | 2014-12-31 |
| MCENHILL, Peter Raymond | Director | 1991-04-08 | 1996-08-31 |
| MCKEON, Michael James Edward | Director | 2015-07-03 | 2024-06-11 |
| MILLS, Adam Francis | Director | 1991-04-08 | 1996-09-05 |
| MOCROFT, Timothy | Director | 1991-08-06 | 1992-11-05 |
| MUNTWYLER, Christian Ernst | Director | 2011-05-11 | 2020-12-30 |
| MYERS, John Clive | Director | 1991-07-25 | 2001-05-02 |
| O'TOOLE, Raymond | Director | 1999-11-01 | 2010-05-05 |
| PATTERSON, Ernest | Director | 1996-08-01 | 1997-01-13 |
| ROLLASON, William Peter | Director | 1999-12-06 | 2002-12-04 |
| ROSS, David Peter John | Director | 2001-02-01 | 2008-12-09 |
| SANDER, Elliot Gene | Director | 2011-06-01 | 2020-12-30 |
| SCORE, Timothy | Director | 2005-02-21 | 2014-02-25 |
| STAMP, James Robert | Director | 2022-11-01 | 2024-06-11 |
| STEEL, Ashley Caroline, Dr | Director | 2016-01-01 | 2021-12-03 |
| STEVENSON, Timothy Edwin Paul | Director | 2001-02-01 | 2005-09-21 |
| TAYLOR, Keith Wilhall | Director | 1992-10-29 | 1993-11-23 |
| WALKER, Adam Christopher | Director | 2003-03-04 | 2008-03-26 |
| WATSON, James Kenneth | Director | 1994-04-05 | 2001-05-02 |
| WEIR, Helen Alison | Director | 2022-10-01 | 2025-05-01 |
| WELTON, Stephen Frank | Director | 1991-07-25 | 1992-11-23 |
| WHITE, Philip Michael | Director | 1996-01-01 | 2006-09-11 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 1991-03-11 | 1991-04-08 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 846 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-06-16 RESOLUTIONS Resolution
- 2024-06-17 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-14 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-03 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-02-03 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-11-26 | AA01 | accounts | Change account reference date company current extended | |
| 2025-10-15 | AUD | auditors | Auditors resignation company | |
| 2025-06-27 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-16 | RESOLUTIONS | resolution | Resolution | |
| 2025-06-12 | AA | accounts | Accounts with accounts type group | |
| 2025-05-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-18 | AA | accounts | Accounts with accounts type group | |
| 2024-06-17 | RESOLUTIONS | resolution | Resolution | |
| 2024-06-12 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-12 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-10 | AP01 | officers | Appoint person director company with name date | |
| 2023-08-01 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 12
- Capital events
- 0
- Officers appointed
- 4
- Officers resigned
- 2
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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+8.3%
£3,150,900,000 £3,412,400,000
-
Cash
-29.7%
£173,000,000 £121,700,000
-
Net assets
-43.4%
£1,896,500,000 £1,073,500,000
-
Employees
+11.4%
44,709 49,785
-
Operating profit
+11.3%
£168,600,000 £187,700,000
-
Profit before tax
+8.8%
£92,900,000 £101,100,000
-
Wages
+16.2%
£1,363,800,000 £1,585,100,000
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