TETLEY'S MOTOR SERVICES LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. TETLEY'S MOTOR SERVICES LIMITED 2013-05-21 → present
2. TETLEYS MOTOR SERVICES LIMITED 1997-01-30 → 2013-05-21

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

Reporting scope

Standalone (parent only)

Auditor

Azets Audit Services Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At 31 March 2025, the company had cash of £1 9 million (2024 £1 9 million), net current assets of £40 million (2024 £3 3 million), net assets of £5 7 million (2024 £49 million) and made a profit after tax of £0 9 million (2024 £1 1 million). The directors are satisfied that the company is a going concern and consider the state of the company's affairs to be satisfactory Accordingly, these financial statements have been prepared on the going concern basıs”

Significant events

• “On 24 July 2025, the company joined the FirstGroup Plc group. The group's Annual Report which does not form part of this report, is publicly available”
• “Subsequent to the year end, Tetley's Motor Services Limited was acquired by First Bus Holdings Limited. The directors regard FirstGroup plc, a company incorporated in the United Kingdom and registered in Scotland, as the ultimate parent and controlling company, following the acquisition of 100% of the shares in the company, by First Bus Holdings Limited on 24 July 2025”

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

Filings

20

last 12 months

Capital events

4

last 24 months

Officers appointed

4

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  -3.7%

  £5,326,615 → £5,129,389

• Cash

  -3.8%

  £1,947,185 → £1,872,418

• Net assets

  +15.3%

  £4,941,752 → £5,696,308

  highest in 6 filed years

• Employees

  -8.6%

  70 → 64

• Operating profit

  -19.3%

  £1,443,214 → £1,165,358

• Profit before tax

  -14.5%

  £1,446,415 → £1,236,940

• Wages

  +2.2%

  £1,908,638 → £1,950,704

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