first cymru buses limited
first cymru buses limited Company Information
Company Number
00133884
Next Accounts
Dec 2025
Shareholders
first bus holdings limited
Group Structure
View All
Industry
Urban, suburban or metropolitan area passenger land transport other than railway transportation by underground, metro and similar systems
Registered Address
heol gwyrosydd, penlan, swansea, west glamorgan, SA5 7BN
Website
https://www.firstbus.co.uk/first cymru buses limited Estimated Valuation
Pomanda estimates the enterprise value of FIRST CYMRU BUSES LIMITED at £2.5m based on a Turnover of £37.9m and 0.07x industry multiple (adjusted for size and gross margin).
first cymru buses limited Estimated Valuation
Pomanda estimates the enterprise value of FIRST CYMRU BUSES LIMITED at £1.6m based on an EBITDA of £3.6m and a 0.45x industry multiple (adjusted for size and gross margin).
first cymru buses limited Estimated Valuation
Pomanda estimates the enterprise value of FIRST CYMRU BUSES LIMITED at £42.6m based on Net Assets of £17.8m and 2.39x industry multiple (adjusted for liquidity).
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First Cymru Buses Limited Overview
First Cymru Buses Limited is a live company located in swansea, SA5 7BN with a Companies House number of 00133884. It operates in the other urban, suburban or metropolitan passenger land transport (not underground, metro or similar) sector, SIC Code 49319. Founded in February 1914, it's largest shareholder is first bus holdings limited with a 100% stake. First Cymru Buses Limited is a mature, large sized company, Pomanda has estimated its turnover at £37.9m with healthy growth in recent years.
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First Cymru Buses Limited Health Check
Pomanda's financial health check has awarded First Cymru Buses Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
4 Regular
3 Weak
Size
annual sales of £37.9m, make it larger than the average company (£26.8m)
£37.9m - First Cymru Buses Limited
£26.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (6.4%)
12% - First Cymru Buses Limited
6.4% - Industry AVG
Production
with a gross margin of -4.8%, this company has a higher cost of product (7.8%)
-4.8% - First Cymru Buses Limited
7.8% - Industry AVG
Profitability
an operating margin of 3.2% make it as profitable than the average company (3.5%)
3.2% - First Cymru Buses Limited
3.5% - Industry AVG
Employees
with 633 employees, this is above the industry average (344)
633 - First Cymru Buses Limited
344 - Industry AVG
Pay Structure
on an average salary of £30.4k, the company has an equivalent pay structure (£35.6k)
£30.4k - First Cymru Buses Limited
£35.6k - Industry AVG
Efficiency
resulting in sales per employee of £59.9k, this is equally as efficient (£70.1k)
£59.9k - First Cymru Buses Limited
£70.1k - Industry AVG
Debtor Days
it gets paid by customers after 19 days, this is later than average (7 days)
19 days - First Cymru Buses Limited
7 days - Industry AVG
Creditor Days
its suppliers are paid after 16 days, this is slower than average (12 days)
16 days - First Cymru Buses Limited
12 days - Industry AVG
Stock Days
it holds stock equivalent to 4 days, this is more than average (3 days)
4 days - First Cymru Buses Limited
3 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is average cash available to meet short term requirements (6 weeks)
5 weeks - First Cymru Buses Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 36.9%, this is a lower level of debt than the average (67%)
36.9% - First Cymru Buses Limited
67% - Industry AVG
FIRST CYMRU BUSES LIMITED financials
First Cymru Buses Limited's latest turnover from March 2024 is £37.9 million and the company has net assets of £17.8 million. According to their latest financial statements, First Cymru Buses Limited has 633 employees and maintains cash reserves of £789 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 37,913,000 | 40,376,000 | 33,982,000 | 26,889,000 | 36,295,000 | 37,997,000 | 37,035,000 | 37,854,000 | 36,397,000 | 38,127,000 | 40,011,000 | 40,071,000 | 45,596,000 | 41,957,000 | 43,397,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 1,203,000 | 4,220,000 | 2,877,000 | 1,747,000 | 1,969,000 | 4,920,000 | 3,478,000 | 4,034,000 | 3,907,000 | 3,500,000 | 3,947,000 | 3,910,000 | 5,727,000 | 5,170,000 | 4,768,000 |
| Interest Payable | 51,000 | 130,000 | 171,000 | 294,000 | 210,000 | 232,000 | 108,000 | 141,000 | 683,000 | 96,000 | 120,000 | 101,000 | 118,000 | 186,000 | |
| Interest Receivable | 156,000 | 183,000 | |||||||||||||
| Pre-Tax Profit | 1,379,000 | 4,352,000 | 2,747,000 | 1,576,000 | 1,675,000 | 4,710,000 | 3,246,000 | 3,926,000 | 3,766,000 | 3,249,000 | 3,851,000 | 3,790,000 | 5,626,000 | 5,052,000 | 4,582,000 |
| Tax | -242,000 | -1,063,000 | -876,000 | -314,000 | -275,000 | -903,000 | -597,000 | -961,000 | -740,000 | -683,000 | -1,130,000 | -1,021,000 | -1,215,000 | -1,307,000 | -1,450,000 |
| Profit After Tax | 1,137,000 | 3,289,000 | 1,871,000 | 1,262,000 | 1,400,000 | 3,807,000 | 2,649,000 | 2,965,000 | 3,026,000 | 2,566,000 | 2,721,000 | 2,769,000 | 4,411,000 | 3,745,000 | 3,132,000 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 1,137,000 | 3,289,000 | 1,871,000 | 1,262,000 | 1,400,000 | 3,807,000 | 2,649,000 | 2,965,000 | 3,026,000 | 2,566,000 | 2,721,000 | 2,769,000 | 4,411,000 | 3,745,000 | 3,132,000 |
| Employee Costs | 19,225,000 | 21,192,000 | 17,974,000 | 17,791,000 | 19,980,000 | 20,243,000 | 19,786,000 | 18,850,000 | 18,397,000 | 19,664,000 | 19,676,000 | 18,730,000 | 21,861,000 | 20,843,000 | 22,313,000 |
| Number Of Employees | 633 | 585 | 606 | 698 | 729 | 743 | 737 | 747 | 769 | 811 | 795 | 833 | 951 | 938 | 1,002 |
| EBITDA* | 3,599,000 | 6,562,000 | 4,944,000 | 4,007,000 | 4,383,000 | 7,163,000 | 5,989,000 | 6,953,000 | 6,789,000 | 6,227,000 | 6,370,000 | 6,190,000 | 8,209,000 | 7,834,000 | 7,503,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 13,973,000 | 19,249,000 | 16,529,000 | 18,444,000 | 20,856,000 | 21,263,000 | 22,297,000 | 24,405,000 | 28,647,000 | 24,925,000 | 19,811,000 | 14,946,000 | 15,829,000 | 17,294,000 | 19,369,000 |
| Intangible Assets | 2,000 | 5,000 | 8,000 | 11,000 | 165,000 | 188,000 | 211,000 | ||||||||
| Investments & Other | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
| Debtors (Due After 1 year) | 365,000 | 6,131,000 | 1,950,000 | ||||||||||||
| Total Fixed Assets | 13,973,000 | 19,634,000 | 22,682,000 | 20,419,000 | 20,884,000 | 21,294,000 | 22,317,000 | 24,425,000 | 28,667,000 | 24,945,000 | 19,831,000 | 14,966,000 | 16,014,000 | 17,502,000 | 19,600,000 |
| Stock & work in progress | 516,000 | 650,000 | 734,000 | 568,000 | 676,000 | 691,000 | 640,000 | 597,000 | 630,000 | 740,000 | 925,000 | 857,000 | 796,000 | 707,000 | 786,000 |
| Trade Debtors | 2,059,000 | 643,000 | 1,746,000 | 974,000 | 562,000 | 3,446,000 | 2,239,000 | 1,961,000 | 4,000 | 2,000 | 3,000 | 3,000 | 1,459,000 | 375,000 | |
| Group Debtors | 6,331,000 | 3,128,000 | 37,000 | 2,561,000 | 156,000 | 23,000 | 44,000 | 298,000 | 629,000 | 2,442,000 | 690,000 | 721,000 | 776,000 | 92,000 | |
| Misc Debtors | 4,531,000 | 10,413,000 | 2,406,000 | 3,018,000 | 3,371,000 | 2,474,000 | 2,295,000 | 2,398,000 | 2,138,000 | 1,236,000 | 1,539,000 | 43,000 | 81,000 | 145,000 | 2,569,000 |
| Cash | 789,000 | 187,000 | 10,328,000 | 3,910,000 | 3,170,000 | 4,688,000 | 575,000 | 654,000 | 635,000 | 626,000 | 676,000 | 615,000 | 3,482,000 | 1,938,000 | 161,000 |
| misc current assets | |||||||||||||||
| total current assets | 14,226,000 | 15,021,000 | 15,251,000 | 11,031,000 | 7,935,000 | 11,322,000 | 5,793,000 | 5,908,000 | 4,036,000 | 5,046,000 | 3,833,000 | 2,239,000 | 5,135,000 | 4,249,000 | 3,983,000 |
| total assets | 28,199,000 | 34,655,000 | 37,933,000 | 31,450,000 | 28,819,000 | 32,616,000 | 28,110,000 | 30,333,000 | 32,703,000 | 29,991,000 | 23,664,000 | 17,205,000 | 21,149,000 | 21,751,000 | 23,583,000 |
| Bank overdraft | 7,802,000 | 38,000 | 2,343,000 | 5,766,000 | 13,941,000 | 15,603,000 | 11,342,000 | 8,571,000 | 5,349,000 | ||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 1,807,000 | 2,898,000 | 2,687,000 | 1,399,000 | 1,999,000 | 2,232,000 | 191,000 | 1,000 | 96,000 | 42,000 | 9,000 | 5,000 | 118,000 | ||
| Group/Directors Accounts | 2,928,000 | 446,000 | 8,529,000 | 732,000 | 691,000 | 5,449,000 | 4,577,000 | 6,448,000 | 3,561,000 | 2,376,000 | 2,731,000 | 2,382,000 | 17,263,000 | 20,774,000 | 18,884,000 |
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 2,482,000 | 2,531,000 | 4,391,000 | 3,629,000 | 2,158,000 | 2,296,000 | 2,723,000 | 2,436,000 | 2,155,000 | 1,926,000 | 1,338,000 | 433,000 | 417,000 | 1,656,000 | 3,491,000 |
| total current liabilities | 7,217,000 | 13,677,000 | 15,607,000 | 5,760,000 | 4,848,000 | 10,015,000 | 9,834,000 | 14,651,000 | 19,753,000 | 19,947,000 | 15,420,000 | 11,391,000 | 17,680,000 | 22,430,000 | 27,842,000 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 2,316,000 | 2,684,000 | 3,006,000 | 2,100,000 | 8,709,000 | 11,241,000 | 8,417,000 | 8,904,000 | 4,362,000 | 3,882,000 | 764,000 | 1,090,000 | 1,561,000 | 1,884,000 | 2,114,000 |
| total long term liabilities | 3,176,000 | 2,684,000 | 3,006,000 | 12,820,000 | 8,709,000 | 11,241,000 | 8,417,000 | 8,904,000 | 4,362,000 | 3,882,000 | 764,000 | 1,090,000 | 1,561,000 | 1,884,000 | 2,114,000 |
| total liabilities | 10,393,000 | 16,361,000 | 18,613,000 | 18,580,000 | 13,557,000 | 21,256,000 | 18,251,000 | 23,555,000 | 24,115,000 | 23,829,000 | 16,184,000 | 12,481,000 | 19,241,000 | 24,314,000 | 29,956,000 |
| net assets | 17,806,000 | 18,294,000 | 19,320,000 | 12,870,000 | 15,262,000 | 11,360,000 | 9,859,000 | 6,778,000 | 8,588,000 | 6,162,000 | 7,480,000 | 4,724,000 | 1,908,000 | -2,563,000 | -6,373,000 |
| total shareholders funds | 17,806,000 | 18,294,000 | 19,320,000 | 12,870,000 | 15,262,000 | 11,360,000 | 9,859,000 | 6,778,000 | 8,588,000 | 6,162,000 | 7,480,000 | 4,724,000 | 1,908,000 | -2,563,000 | -6,373,000 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 1,203,000 | 4,220,000 | 2,877,000 | 1,747,000 | 1,969,000 | 4,920,000 | 3,478,000 | 4,034,000 | 3,907,000 | 3,500,000 | 3,947,000 | 3,910,000 | 5,727,000 | 5,170,000 | 4,768,000 |
| Depreciation | 2,396,000 | 2,340,000 | 2,064,000 | 2,260,000 | 2,411,000 | 2,241,000 | 2,511,000 | 2,919,000 | 2,882,000 | 2,727,000 | 2,423,000 | 2,115,000 | 2,459,000 | 2,641,000 | 2,709,000 |
| Amortisation | 2,000 | 3,000 | 3,000 | 2,000 | 165,000 | 23,000 | 23,000 | 26,000 | |||||||
| Tax | -242,000 | -1,063,000 | -876,000 | -314,000 | -275,000 | -903,000 | -597,000 | -961,000 | -740,000 | -683,000 | -1,130,000 | -1,021,000 | -1,215,000 | -1,307,000 | -1,450,000 |
| Stock | -134,000 | -84,000 | 166,000 | -108,000 | -15,000 | 51,000 | 43,000 | -33,000 | -110,000 | -185,000 | 68,000 | 61,000 | 89,000 | -79,000 | 786,000 |
| Debtors | -1,628,000 | 4,229,000 | 1,817,000 | 4,414,000 | -1,854,000 | 1,365,000 | -79,000 | 1,886,000 | -909,000 | 1,448,000 | 1,465,000 | -90,000 | -747,000 | -1,432,000 | 3,036,000 |
| Creditors | -1,091,000 | 211,000 | 1,288,000 | -600,000 | -233,000 | 2,041,000 | 190,000 | -95,000 | 54,000 | 33,000 | 4,000 | 5,000 | -118,000 | 118,000 | |
| Accruals and Deferred Income | -49,000 | -1,860,000 | 762,000 | 1,471,000 | -138,000 | -427,000 | 287,000 | 281,000 | 229,000 | 588,000 | 905,000 | 16,000 | -1,239,000 | -1,835,000 | 3,491,000 |
| Deferred Taxes & Provisions | -368,000 | -322,000 | 906,000 | -6,609,000 | -2,532,000 | 2,824,000 | -487,000 | 4,542,000 | 480,000 | 3,118,000 | -326,000 | -471,000 | -323,000 | -230,000 | 2,114,000 |
| Cash flow from operations | 3,611,000 | -617,000 | 5,041,000 | -6,351,000 | 3,074,000 | 9,282,000 | 5,418,000 | 8,867,000 | 7,831,000 | 8,020,000 | 4,290,000 | 4,748,000 | 6,090,000 | 5,855,000 | 7,954,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -20,000 | 20,000 | |||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 2,482,000 | -8,083,000 | 7,797,000 | 41,000 | -4,758,000 | 872,000 | -1,871,000 | 2,887,000 | 1,185,000 | -355,000 | 349,000 | -14,881,000 | -3,511,000 | 1,890,000 | 18,884,000 |
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 156,000 | 132,000 | -130,000 | -171,000 | -294,000 | -210,000 | -232,000 | -108,000 | -141,000 | -683,000 | -96,000 | -120,000 | -101,000 | -118,000 | -186,000 |
| cash flow from financing | 1,013,000 | -12,266,000 | 12,246,000 | -3,784,000 | -2,550,000 | -1,644,000 | -1,671,000 | -1,996,000 | 444,000 | -4,922,000 | 288,000 | -14,954,000 | -3,552,000 | 1,837,000 | 9,193,000 |
| cash and cash equivalents | |||||||||||||||
| cash | 602,000 | -10,141,000 | 6,418,000 | 740,000 | -1,518,000 | 4,113,000 | -79,000 | 19,000 | 9,000 | -50,000 | 61,000 | -2,867,000 | 1,544,000 | 1,777,000 | 161,000 |
| overdraft | -7,802,000 | 7,802,000 | -38,000 | -2,305,000 | -3,423,000 | -8,175,000 | -1,662,000 | 4,261,000 | 2,771,000 | 8,571,000 | -5,349,000 | 5,349,000 | |||
| change in cash | 8,404,000 | -17,943,000 | 6,418,000 | 740,000 | -1,480,000 | 6,418,000 | 3,344,000 | 8,194,000 | 1,671,000 | -4,311,000 | -2,710,000 | -11,438,000 | 1,544,000 | 7,126,000 | -5,188,000 |
first cymru buses limited Credit Report and Business Information
First Cymru Buses Limited Competitor Analysis
Perform a competitor analysis for first cymru buses limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other large companies, companies in SA5 area or any other competitors across 12 key performance metrics.
first cymru buses limited Ownership
FIRST CYMRU BUSES LIMITED group structure
First Cymru Buses Limited has 1 subsidiary company.
Ultimate parent company
2 parents
FIRST CYMRU BUSES LIMITED
00133884
1 subsidiary
first cymru buses limited directors
First Cymru Buses Limited currently has 5 directors. The longest serving directors include Mr Colin Brown (Feb 2021) and Mr Joseph Thompson (Jun 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Colin Brown | England | 57 years | Feb 2021 | - | Director |
| Mr Joseph Thompson | England | 49 years | Jun 2021 | - | Director |
| Mr Joseph Thompson | England | 49 years | Jun 2021 | - | Director |
| Mr Andrew Jarvis | Scotland | 50 years | Jun 2021 | - | Director |
| Mr Douglas Claringbold | England | 56 years | Oct 2022 | - | Director |
P&L
March 2024turnover
37.9m
-6%
operating profit
1.2m
-71%
gross margin
-4.7%
-2.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
17.8m
-0.03%
total assets
28.2m
-0.19%
cash
789k
+3.22%
net assets
Total assets minus all liabilities
first cymru buses limited company details
company number
00133884
Type
Private limited with Share Capital
industry
49319 - Urban, suburban or metropolitan area passenger land transport other than railway transportation by underground, metro and similar systems
incorporation date
February 1914
age
111
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
March 2024
previous names
south wales transport company,limited.(the) (March 1999)
accountant
-
auditor
-
address
heol gwyrosydd, penlan, swansea, west glamorgan, SA5 7BN
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
first cymru buses limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 11 charges/mortgages relating to first cymru buses limited. Currently there are 2 open charges and 9 have been satisfied in the past.
first cymru buses limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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first cymru buses limited Companies House Filings - See Documents
| date | description | view/download |
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