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Cash

£9.6m

-57.4% vs 2024

Net assets

£224m

+2.4% highest in 3 filed years

Employees

4,725

+3.8% highest in 3 filed years

Profit before tax

£8.9m

+274.6% highest in 3 filed years

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £350,776,000£405,087,000£444,177,000 +9.6%
Operating profit -£19,839,000£5,822,000£10,965,000 +88.3%
Profit before tax -£21,691,000£2,370,000£8,878,000 +274.6%
Net profit -£13,527,000£552,000£6,020,000 +990.6%
Cash £7,649,000£22,579,000£9,621,000 -57.4%
Total assets less current liabilities £246,697,000£310,191,000£403,964,000 +30.2%
Net assets £216,610,000£218,423,000£223,745,000 +2.4%
Equity £216,610,000£218,423,000£223,745,000 +2.4%
Average employees 4,4074,5514,725 +3.8%
Wages £204,265,000£224,558,000£243,462,000 +8.4%
Directors' remuneration £539,000£727,000£798,000 +9.8%
Directors' pension contributions —£16,000— —
Highest paid director £276,000£433,000£478,000 +10.4%

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-312025-12-31
Operating margin -5.7%1.4%2.5%
Net margin -3.9%0.1%1.4%
Return on capital employed -8.0%1.9%2.7%
Gearing (liabilities / total assets) 39.0%46.4%56.4%
Current ratio 0.48x0.66x0.56x
Interest cover -7.89x1.41x2.58x

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 3 times since incorporation

  1. METROLINE LIMITED 2007-09-04 → present
  2. METROLINE PLC 1997-06-30 → 2007-09-04
  3. METROLINE HOLDINGS LIMITED 1994-12-15 → 1997-06-30
  4. GRAVITAS 1058 LIMITED 1993-06-11 → 1994-12-15

Audit & accounting basis

Accounting basis
IFRS
Reporting scope
Consolidated group
Auditor
Ernst & Young
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The financial statements have been prepared on a going concern basis, which assumes continuity of normal business activities and the realisation of assets and the discharge of liabilities in the normal course of business.”

Group structure

  1. METROLINE LIMITED · parent
    1. Metroline Travel Limited 100% · England and Wales · Bus operation
    2. Metroline West Limited 100% · England and Wales · Bus operation
    3. Metroline Pension Scheme Trustees Limited 100% · England and Wales · Trustee company

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

People

5 active · 34 resigned

Name Role Appointed Born Nationality
SANDERS, Philip Secretary 2022-12-16 — —
CHENG, Siak Kian Director 2022-02-21 Oct 1969 Singaporean
O'SHEA, Sean Poul Director 2018-10-01 Apr 1967 British
SANDERS, Philip Director 2026-03-05 Apr 1975 British
THOMAS, Edward Sabu Director 2024-01-08 Mar 1964 British,Australian
Show 34 resigned officers
Name Role Appointed Resigned
ALEXANDER, William Norman Secretary 2000-07-21 2003-12-31
DONNELLY, David Thomas Secretary 2005-05-25 2007-10-31
ELLIS, Stephen James Secretary 2003-12-31 2005-05-25
GOLLEDGE, John Secretary 1993-09-27 1999-01-11
HAYES, Duncan Maclean Secretary 1999-01-11 2000-07-21
NOVICK, Ishai Eliezer Secretary 2012-05-21 2022-08-05
ROWBOTHAM, Damian Secretary 2007-10-31 2012-04-23
GRAVITAS COMPANY SECRETARIAL SERVICES LIMITED Corporate Nominee Secretary 1993-06-11 1995-06-11
ALEXANDER, William Norman Director 1999-09-01 2003-05-07
COPPIN, Alan Charles Director 1997-06-12 2000-04-20
GAN, Juay Kiat Director 2018-10-24 2019-03-27
GOLLEDGE, John Director 1993-09-27 2000-06-30
HARPER, Christopher Director 1994-10-07 1998-05-29
HEAN, Koh Thong Director 2022-01-01 2025-10-15
JOHNS, Michael Stephen Mackelcan Nominee Director 1993-06-11 1993-09-27
KUA, Hong Pak Director 2002-12-30 2018-01-01
LEE, Kah Wah Director 2005-06-09 2009-07-31
LIM, Hung Siang Director 2002-12-30 2007-07-09
LIM, Jit Poh Director 2002-12-30 2023-04-28
MOFFATT, Keith Anthony Director 2001-07-11 2003-05-07
MORRIS, Albert Director 1997-06-12 2003-03-31
O'FARRELL, Declan Gerard Director 1993-09-27 2004-09-06
ONG, Boon Leong Director 2000-05-23 2007-04-27
PHUA, Tin How Director 2000-04-20 2002-12-31
PIPER, John Peter Director 1998-04-01 2000-04-20
ROWBOTHAM, Damian John Director 2022-12-16 2023-12-31
SIMPSON, Paul Michael Director 1996-09-10 1997-03-05
SINGH, Jaspal Director 2004-10-01 2018-09-30
SMITH, Michael John Director 1993-09-27 1999-10-15
TENNANT, Gordon Director 1993-09-27 2001-04-27
WAH, Rudy Tan Lai Director 2020-02-05 2022-12-16
WEIL, Lesa Josephine Nominee Director 1993-06-11 1993-09-27
WONG, Hung Khim Director 2000-04-20 2002-12-31
YANG, Ban Seng Director 2017-05-01 2022-12-31

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Braddell Limited Corporate entity Shares 75–100% 2016-04-06 Active

Filing timeline

Last 20 of 236 total filings

Date Type Category Description
2026-09-24 AA accounts Accounts with accounts type group
2026-04-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-03-12 AP01 officers Appoint person director company with name date PDF
2025-10-29 TM01 officers Termination director company with name termination date PDF
2025-09-18 AA accounts Accounts with accounts type group
2025-04-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-09-27 AA accounts Accounts with accounts type group
2024-04-10 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-01-22 AP01 officers Appoint person director company with name date PDF
2024-01-12 TM01 officers Termination director company with name termination date PDF
2023-10-03 AA accounts Accounts with accounts type group
2023-05-24 TM01 officers Termination director company with name termination date PDF
2023-04-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-03-06 AP03 officers Appoint person secretary company with name date PDF
2023-02-16 TM01 officers Termination director company with name termination date PDF
2023-01-23 AP01 officers Appoint person director company with name date PDF
2023-01-23 TM01 officers Termination director company with name termination date PDF
2022-09-24 AA accounts Accounts with accounts type group
2022-08-05 TM02 officers Termination secretary company with name termination date PDF
2022-04-11 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
4

last 12 months

Capital events
0

last 24 months

Officers appointed
1

last 12 months

Officers resigned
1

last 12 months

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

Official Companies House page