MELLOR BUS LTD

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

• Turnover

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  +303,979,000%

  £1 → £3,039,791

• Employees

  —

  Not reported

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

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.

1. MELLOR BUS LTD 2023-12-08 → present
2. BOLIN CONSULTANCY LIMITED 2023-03-14 → 2023-12-08

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

MHA

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “During the period, Mellor Bus Ltd acquired a proportion of the businesses and assets from WN VTech Limited, who were trading in administration under the instruction of Teneo Financial Advisory.”
• “Despite the challenges to restart operations during the reporting period ending 30 November, it has been a transformative and successful year for the business, marked by significant progress in stabilising operations post-acquisition.”
• “During the period, we made the strategic decision to discontinue production of the Sigma Electric Bus range. This decision was driven by a reassessment of market requirements and the strategic priorities of the Group under its new ownership. As part of this realignment, we have written off of £4.1m in acquired assets, stock and finished goods from the Mellor Bus Ltd business.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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