IPSWICH BUSES LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-02-05 (in 9mo)
Last made up 2026-01-22
Watchouts
Cash
£2M
+14.2% vs 2024
Net assets
£4M
+14.2% vs 2024
Employees
171
+9.6% vs 2024
Profit before tax
£862K
+19.1% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2025-03-29
Latest accounts filed cover 2025-03-31; financial figures currently reflect up to 2025-03-29.
| Metric | Trend | 2024-03-30 | 2025-03-29 |
|---|---|---|---|
| Turnover | £10,144,000 | £10,666,000 | |
| Operating profit | £532,000 | £590,000 | |
| Profit before tax | £724,000 | £862,000 | |
| Net profit | £605,000 | £846,000 | |
| Cash | £1,795,000 | £2,050,000 | |
| Total assets less current liabilities | £3,802,000 | £4,144,000 | |
| Net assets | £3,207,000 | £3,661,000 | |
| Equity | £3,207,000 | £3,661,000 | |
| Average employees | 156 | 171 | |
| Wages | £4,806,000 | £5,234,000 | |
| Directors' remuneration | £110,000 | £121,000 |
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
Year-on-year
FY2024 → FY2025 · period ending 2025-03-29 vs 2024-03-30
-
Turnover
+5.1%
£10,144,000 £10,666,000
-
Cash
+14.2%
£1,795,000 £2,050,000
-
Net assets
+14.2%
£3,207,000 £3,661,000
-
Employees
+9.6%
156 171
-
Operating profit
+10.9%
£532,000 £590,000
-
Profit before tax
+19.1%
£724,000 £862,000
-
Wages
+8.9%
£4,806,000 £5,234,000
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
Heads up: a more recent set of accounts has been filed but isn't yet reflected here — the figures above are older than the company's latest filing.
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-30 | 2025-03-29 |
|---|---|---|---|
| Operating margin | 5.2% | 5.5% | |
| Net margin | 6.0% | 7.9% | |
| Return on capital employed | 14.0% | 14.2% | |
| Gearing (liabilities / total assets) | 42.4% | 37.0% | |
| Current ratio | 2.03x | 2.09x | |
| Interest cover | 18.34x | 28.10x |
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.
Name history
Renamed 1 time since incorporation
- IPSWICH BUSES LIMITED 1986-08-08 → present
- IPSWICH COACHES LIMITED 1986-03-14 → 1986-08-08
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Ensors
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors are confident that, based upon future forecasts, the Company has adequate resources to continue operational existence for the foreseeable future being a period of no less than 12 months from the date of approval of these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 32 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MITCHELL, Jennifer Anne | Secretary | 2018-04-10 | — | — |
| BASSETT, Daniel Patrick Graham | Director | 2023-06-05 | Sep 1987 | British |
| FAIRCLOUGH, James David | Director | 2017-03-15 | Aug 1970 | British |
| FORSTER, Gary Ian | Director | 2026-01-01 | Oct 1968 | British |
| KREIDEWOLF, Colin John | Director | 2026-01-01 | Mar 1960 | British |
| MASINBO-AMOBI, Nkemdilim Chisom | Director | 2014-04-08 | Sep 1971 | British |
| MCSWEENEY, Philip Mark | Director | 2026-01-01 | Oct 1983 | Irish |
| PLUCK, Helen Elizabeth | Director | 2022-12-07 | Mar 1974 | British |
Show 32 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DYSON, Julie Janis | Secretary | 1998-10-01 | 2016-11-23 |
| MCBRIDE, Pauline Mary Louise | Secretary | 2016-12-05 | 2018-01-31 |
| MOORE, Barry James Cecil | Secretary | 1993-05-20 | 1995-09-30 |
| PROCKTER, Roy Deryck | Secretary | — | 1993-05-20 |
| WHITFORD, David William | Secretary | 1995-09-30 | 1998-10-01 |
| ATKINS, Richard Stuart | Director | 2007-05-29 | 2011-07-07 |
| BELLAMY, Robert Andrew | Director | 2016-12-05 | 2018-05-14 |
| BLOFIELD, Ian Paul | Director | 2014-04-08 | 2021-07-27 |
| CALEY, Robert James | Director | — | 1999-03-10 |
| COOK, Martin Lewis | Director | 1996-10-09 | 2007-05-29 |
| COOPER, Jeremy Hugh | Director | 2015-05-01 | 2016-12-31 |
| CRANE, Harvey Victor | Director | 2011-07-08 | 2012-04-29 |
| CUSACK, Julian Michael | Director | — | 2002-12-19 |
| DYSON, Julie Janis | Director | 1998-10-01 | 2016-11-23 |
| EATON, Dennis Brian | Director | — | 1991-10-26 |
| GARDINER, Peter Kenneth, Councillor | Director | 2011-07-08 | 2025-12-31 |
| HUNTER, William | Director | — | 1992-02-29 |
| LOCKINGTON, Inga Elisabeth | Director | 2004-10-01 | 2025-12-31 |
| MATTHEWS, Peter Gerald | Director | 2005-05-01 | 2015-04-30 |
| MESSENGER, Barry Keith | Director | — | 2004-09-30 |
| MOLE, Christopher David | Director | 2011-07-08 | 2026-03-31 |
| MOORE, Barry James Cecil | Director | — | 1997-08-31 |
| MOWLES, John Charles | Director | — | 2004-09-30 |
| PROCKTER, Roy Deryck | Director | — | 1993-05-20 |
| PULFORD, Graham | Director | — | 1994-12-24 |
| ROBSON, Malcolm Airlie | Director | — | 2015-04-30 |
| SMART, Philip, Mr. | Director | 1995-06-07 | 2007-05-29 |
| SMITH, Ann | Director | — | 1995-11-04 |
| WEST, Paul Martin | Director | 2007-01-01 | 2011-06-26 |
| WHITFORD, David William | Director | 1995-09-30 | 2014-11-05 |
| WILLIAMS, Heath | Director | 2018-05-14 | 2023-05-31 |
| WRIGHT, William George | Director | 2004-10-01 | 2008-04-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ipswich Borough Council | Legal person | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 175 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-31 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-22 | CH01 | officers | Change person director company with change date | |
| 2026-01-22 | CH01 | officers | Change person director company with change date | |
| 2026-01-08 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-06 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-05 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-05 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-05 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-04 | AA | accounts | Accounts with accounts type full | |
| 2025-01-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-17 | AA | accounts | Accounts with accounts type full | |
| 2024-05-09 | AA | accounts | Accounts with accounts type full | |
| 2024-01-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-06 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-31 | TM01 | officers | Termination director company with name termination date | |
| 2023-01-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-13 | AA | accounts | Accounts with accounts type full | |
| 2022-12-07 | AP01 | officers | Appoint person director company with name date | |
| 2022-01-24 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 0
- Officers appointed
- 3
- Officers resigned
- 3
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.