NORTHERN TAXIS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-02-14 (in 9mo)
Last made up 2026-01-31
Watchouts
Cash
£151K
lowest in 4 filed years
Net assets
£2M
lowest in 4 filed years
Employees
20
lowest in 4 filed years
Profit before tax
£2M
Period ending 2024-12-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
On 1 March 2025, the directors took the decision to cease trading following the transfer of the Company's trade and assets to Veezu North Limited, another entity within the Veezu Group, and is no longer trading. As the directors do not intend to acquire a replacement trade, they have not prepared the financial statements on a going concern basis.
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-09-30 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | £9,129,854 | — | £25,734,000 | £26,257,000 | |
| Operating profit | — | — | £63,575 | — | £2,855,000 | £2,124,000 | |
| Profit before tax | — | — | £61,024 | £2,210,297 | £2,883,794 | £2,068,000 | |
| Net profit | — | — | £44,724 | £1,904,961 | £2,193,812 | £1,740,000 | |
| Cash | — | — | £2,051,736 | £1,654,246 | £1,732,119 | £151,000 | |
| Total assets less current liabilities | — | — | £7,589,019 | £8,539,704 | £11,164,999 | £2,036,000 | |
| Net assets | — | — | £6,592,743 | £8,497,704 | £10,691,517 | £2,036,000 | |
| Equity | £4,031,165 | £6,548,019 | £6,592,743 | £8,497,704 | £10,691,517 | £2,036,000 | |
| Average employees | — | — | 77 | 86 | 78 | 20 | |
| Wages | — | — | £1,920,667 | £2,083,835 | £3,594,765 | £1,096,000 | |
| Directors' remuneration | — | — | — | £118,006 | £414,676 | £244,000 |
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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-09-30
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-09-30 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | 0.7% | — | 11.1% | 8.1% | |
| Net margin | — | — | 0.5% | — | 8.5% | 6.6% | |
| Return on capital employed | — | — | 0.8% | — | 25.6% | 104.3% | |
| Current ratio | — | — | — | — | 2.06x | 0.95x | |
| Interest cover | — | — | 23.86x | — | 100.55x | 31.24x |
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
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“On 1 March 2025, the directors took the decision to cease trading following the transfer of the Company's trade and assets to Veezu North Limited, another entity within the Veezu Group, and is no longer trading. As the directors do not intend to acquire a replacement trade, they have not prepared the financial statements on a going concern basis.”
Group structure
- NORTHERN TAXIS LIMITED · parent
- Blue Line Taxis (Barnsley) Limited 100%
Significant events
- “On 1 March 2025, the directors took the decision to cease trading following the transfer of the Company's trade and assets to Veezu North Limited, another entity within the Veezu Group, and is no longer trading.”
- “On 17 October 2024, V Bidco Limited acquired 100% of the share capital of Veezu Group Limited. V Topco Limited became the parent undertaking of the Veezu Group, and MML Partnership Capital VIII SCSP is the ultimate controlling party.”
- “The trade of Blue Line Taxis (Barnsley) Limited was acquired by the Company on 18 September 2023, and its trade and assets were immediately transferred over to the Company.”
- “Following the year end, Blue Line Taxis (Barnsley) Limited ceased operations and was dissolved on 26 August 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| EVANS, Rhodri Huw | Director | 2025-01-07 | Nov 1977 | British |
| SINGH, Arun Thomas | Director | 2016-04-22 | May 1980 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOWLES, Nathan Iestyn | Director | 2023-02-01 | 2025-01-07 |
| RENNISON, Claire | Director | 2016-02-23 | 2018-10-12 |
| SALE, Tim Rawlinson | Director | 2023-02-01 | 2025-01-07 |
| SINGH, Arun Thomas | Director | 2016-02-01 | 2016-02-23 |
| TIMMS, Jack | Director | 2016-02-23 | 2017-10-11 |
| TURNBULL, Robert | Director | 2016-04-22 | 2018-10-12 |
| TURNBULL, Robert | Director | 2016-02-01 | 2016-02-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Steel City Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 62 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-12-23 | AA | accounts | Accounts with accounts type full | |
| 2025-06-26 | AA01 | accounts | Change account reference date company previous extended | |
| 2025-04-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-02-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-01-13 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-01-09 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-09 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-08 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-25 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-10-25 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-10-25 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-09-30 | AA | accounts | Accounts with accounts type full | |
| 2024-02-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-09-28 | AA01 | accounts | Change account reference date company current extended | |
| 2023-06-01 | CH01 | officers | Change person director company with change date | |
| 2023-06-01 | CH01 | officers | Change person director company with change date | |
| 2023-06-01 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-06-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-03-13 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.