ROTALA GROUP LTD

Company number

15030861

Status

Active

Incorporation

2023-07-26

Last accounts made up

2025-02-28

Account category

GROUP

Primary SIC

49319

Hubs

UK Logistics & Mobility

Accounting basis

IFRS

Reporting scope

Consolidated (group)

Auditor

bk plus Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The board has examined its strategy and considered its profit and loss and cash flow projections for the accounting periods to 28 February 2028. It has evaluated the hire purchase, loan and overdraft facilities available to the group in connection with the periods examined. After due enquiry and the modelling of downside scenarios, the board has judged the cash flow forecasts, asset financing and banking resources of the group to be adequate to support its continued operations for the foreseeable future and has adopted the going concern basis in preparing the financial statements.”

Subsidiaries

• Diamond Bus Limited · 100% held · England · Transport
• Diamond Bus (East Midlands) Limited · 100% held · England · Transport
• Diamond Bus (Liverpool) Limited · 100% held · England · Transport
• Diamond Bus (North West) Limited · 100% held · England · Transport
• Hallbridge Way Property Limited · 100% held · England · Property
• Hallmark Connections Limited · 100% held · England · Transport
• Monetgrange Limited · 100% held · England · Property
• M P & C Investments Limited · 100% held · England · Dormant
• Preston Bus Limited · 100% held · England · Transport
• Rotala Limited · 100% held · England · Holding company
• Rotala Shared Services Limited · 100% held · England · Group services
• Storagely Limited · 100% held · England · Property

Significant events

• “Since the acquisition of Rotala Limited, the company's business has continued largely unchanged, except for the addition of a portfolio of freehold residential properties.”
• “In the North West the gradual introduction of franchising in the whole Greater Manchester region, which had begun in September 2023, was completed within the accounting period under report.”
• “The company bid for and successfully obtained bus contracts in all three tranches of the introduction of franchising in Greater Manchester and continues to hold a substantial position in this market.”
• “A major refurbishment of the facilities at Preston depot was commenced in the accounting period and is expected to be completed in summer 2025.”
• “In the West Midlands, nBus Multi Operator ticket had existed in parallel to individual operator ticket systems but in July 2023, all individual operator tickets were abolished and nBus became the only ticket accepted across the whole West Midlands region.”
• “The company's specialist business based at Heathrow airport had another successful year and has recently introduced into service the company's first purpose-built electric buses.”
• “In March 2024, Monetgrange Limited (possessing a portfolio of residential properties for rental) was passed down from Rotala Group Limited to Rotala Limited. In December 2024, the company added to this portfolio by acquiring Motorbus Limited and MP & C Investments Limited from Robert Dunn and other family members.”
• “The financing package agreed in November 2023 with HSBC UK Bank plc for the acquisition of Rotala Limited was repaid by August 2024. In November 2024, new banking facilities were agreed, comprising a Revolving Commercial Facility of up to £15 million and a Mortgage Facility of up to £6.9 million.”

Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers