london general transport services limited Company Information
Company Number
02328489
Website
www.londoncentral.comRegistered Address
3rd floor 41-51 grey street, newcastle upon tyne, NE1 6EE
Industry
Urban, suburban or metropolitan area passenger land transport other than railway transportation by underground, metro and similar systems
Telephone
03432221234
Next Accounts Due
40 days late
Group Structure
View All
Shareholders
go-ahead holding ltd 100%
london general transport services limited Estimated Valuation
Pomanda estimates the enterprise value of LONDON GENERAL TRANSPORT SERVICES LIMITED at £119.8m based on a Turnover of £552.9m and 0.22x industry multiple (adjusted for size and gross margin).
london general transport services limited Estimated Valuation
Pomanda estimates the enterprise value of LONDON GENERAL TRANSPORT SERVICES LIMITED at £122.4m based on an EBITDA of £68.7m and a 1.78x industry multiple (adjusted for size and gross margin).
london general transport services limited Estimated Valuation
Pomanda estimates the enterprise value of LONDON GENERAL TRANSPORT SERVICES LIMITED at £74.3m based on Net Assets of £30.3m and 2.45x industry multiple (adjusted for liquidity).
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London General Transport Services Limited Overview
London General Transport Services Limited is a live company located in newcastle upon tyne, NE1 6EE with a Companies House number of 02328489. It operates in the other urban, suburban or metropolitan passenger land transport (not underground, metro or similar) sector, SIC Code 49319. Founded in December 1988, it's largest shareholder is go-ahead holding ltd with a 100% stake. London General Transport Services Limited is a mature, mega sized company, Pomanda has estimated its turnover at £552.9m with low growth in recent years.
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London General Transport Services Limited Health Check
Pomanda's financial health check has awarded London General Transport Services Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
3 Weak
Size
annual sales of £552.9m, make it larger than the average company (£27.4m)
£552.9m - London General Transport Services Limited
£27.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a faster rate (-1.6%)
4% - London General Transport Services Limited
-1.6% - Industry AVG
Production
with a gross margin of 4.6%, this company has a comparable cost of product (4.6%)
4.6% - London General Transport Services Limited
4.6% - Industry AVG
Profitability
an operating margin of 8.2% make it more profitable than the average company (1.7%)
8.2% - London General Transport Services Limited
1.7% - Industry AVG
Employees
with 7655 employees, this is above the industry average (494)
7655 - London General Transport Services Limited
494 - Industry AVG
Pay Structure
on an average salary of £44.2k, the company has a higher pay structure (£31.8k)
£44.2k - London General Transport Services Limited
£31.8k - Industry AVG
Efficiency
resulting in sales per employee of £72.2k, this is more efficient (£56.3k)
£72.2k - London General Transport Services Limited
£56.3k - Industry AVG
Debtor Days
it gets paid by customers after 22 days, this is later than average (8 days)
22 days - London General Transport Services Limited
8 days - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is close to average (7 days)
7 days - London General Transport Services Limited
7 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (4 days)
1 days - London General Transport Services Limited
4 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - London General Transport Services Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 85.2%, this is a higher level of debt than the average (69.8%)
85.2% - London General Transport Services Limited
69.8% - Industry AVG
london general transport services limited Credit Report and Business Information
London General Transport Services Limited Competitor Analysis
Perform a competitor analysis for london general transport services limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
london general transport services limited Ownership
LONDON GENERAL TRANSPORT SERVICES LIMITED group structure
London General Transport Services Limited has 5 subsidiary companies.
Ultimate parent company
GLOBALVIA INVERSIONES SA
#0003879
2 parents
LONDON GENERAL TRANSPORT SERVICES LIMITED
02328489
5 subsidiaries
london general transport services limited directors
London General Transport Services Limited currently has 5 directors. The longest serving directors include Mr John Trayner (Jan 2002) and Mr Gordon Boyd (Sep 2021).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr John Trayner | United Kingdom | 65 years | Jan 2002 | - | Director |
Mr Gordon Boyd | United Kingdom | 64 years | Sep 2021 | - | Director |
Mr Christopher McKeown | United Kingdom | 42 years | Aug 2023 | - | Director |
Mr Andrew Edwards | United Kingdom | 39 years | Aug 2023 | - | Director |
Mr Matthew Carney | United Kingdom | 43 years | Apr 2024 | - | Director |
LONDON GENERAL TRANSPORT SERVICES LIMITED financials
London General Transport Services Limited's latest turnover from July 2022 is £552.9 million and the company has net assets of £30.3 million. According to their latest financial statements, London General Transport Services Limited has 7,655 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jul 2022 | Jul 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jul 2017 | Jul 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jul 2011 | Jul 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 552,860,000 | 566,256,000 | 513,758,000 | 493,280,000 | 497,997,000 | 485,420,000 | 487,758,000 | 462,014,000 | 442,230,000 | 372,867,000 | 321,156,000 | 297,476,000 | 303,833,000 |
Other Income Or Grants | |||||||||||||
Cost Of Sales | |||||||||||||
Gross Profit | |||||||||||||
Admin Expenses | |||||||||||||
Operating Profit | 45,521,000 | 53,699,000 | 38,244,000 | 42,778,000 | 40,253,000 | 42,326,000 | 40,620,000 | 40,424,000 | 40,826,000 | 35,163,000 | 28,909,000 | 24,826,000 | 28,486,000 |
Interest Payable | 1,631,000 | 1,589,000 | 1,178,000 | 1,859,000 | 123,000 | 74,000 | 670,000 | 506,000 | 0 | 154,000 | 36,000 | 428,000 | 229,000 |
Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 313,000 | 5,000 | 12,000 | 193,000 | 218,000 |
Pre-Tax Profit | 43,890,000 | 52,110,000 | 37,066,000 | 43,919,000 | 40,130,000 | 42,252,000 | 39,950,000 | 39,918,000 | 41,139,000 | 35,014,000 | 28,885,000 | 23,783,000 | 22,721,000 |
Tax | -8,315,000 | -10,208,000 | -7,153,000 | -12,323,000 | -7,730,000 | -7,993,000 | -7,667,000 | -8,498,000 | -10,521,000 | -8,293,000 | -6,530,000 | -4,971,000 | -7,504,000 |
Profit After Tax | 35,575,000 | 41,902,000 | 29,913,000 | 31,596,000 | 32,400,000 | 34,259,000 | 32,283,000 | 31,420,000 | 30,618,000 | 26,721,000 | 22,355,000 | 18,812,000 | 15,217,000 |
Dividends Paid | 30,000,000 | 70,000,000 | 0 | 40,000,000 | 35,000,000 | 55,000,000 | 0 | 30,000,000 | 30,000,000 | 25,000,000 | 23,000,000 | 13,000,000 | 20,000,000 |
Retained Profit | 5,575,000 | -28,098,000 | 29,913,000 | -8,404,000 | -2,600,000 | -20,741,000 | 32,283,000 | 1,420,000 | 618,000 | 1,721,000 | -645,000 | 5,812,000 | -4,783,000 |
Employee Costs | 338,114,000 | 326,745,000 | 304,822,000 | 294,126,000 | 295,651,000 | 284,700,000 | 285,751,000 | 265,034,000 | 243,915,000 | 210,520,000 | 188,248,000 | 173,569,000 | 178,640,000 |
Number Of Employees | 7,655 | 7,596 | 7,172 | 6,969 | 7,270 | 7,069 | 7,019 | 6,816 | 6,485 | 5,608 | 5,019 | 4,761 | 4,700 |
EBITDA* | 68,713,000 | 79,947,000 | 65,752,000 | 70,461,000 | 66,886,000 | 66,033,000 | 40,620,000 | 59,637,000 | 58,418,000 | 50,567,000 | 40,832,000 | 34,219,000 | 37,218,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2022 | Jul 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jul 2017 | Jul 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jul 2011 | Jul 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 145,048,000 | 157,780,000 | 175,333,000 | 136,422,000 | 157,134,000 | 132,859,000 | 95,374,000 | 76,907,000 | 87,149,000 | 71,836,000 | 82,564,000 | 54,968,000 | 50,990,000 |
Intangible Assets | 15,924,000 | 16,004,000 | 16,096,000 | 16,057,000 | 15,892,000 | 15,903,000 | 16,362,000 | 17,209,000 | 2,910,000 | 4,852,000 | 5,974,000 | 0 | 0 |
Investments & Other | 0 | 140,000 | 712,000 | 716,000 | 4,096,000 | 1,034,000 | 0 | 0 | 15,764,000 | 15,764,000 | 15,764,000 | 15,764,000 | 15,764,000 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18,975,000 | 58,163,000 | 68,199,000 | 81,770,000 | 5,733,000 | 9,333,000 |
Total Fixed Assets | 160,972,000 | 173,924,000 | 192,141,000 | 153,195,000 | 177,122,000 | 149,796,000 | 111,736,000 | 113,091,000 | 163,986,000 | 160,651,000 | 186,072,000 | 76,465,000 | 76,087,000 |
Stock & work in progress | 1,792,000 | 1,733,000 | 1,186,000 | 1,118,000 | 1,003,000 | 1,002,000 | 1,081,000 | 1,236,000 | 1,432,000 | 934,000 | 943,000 | 923,000 | 1,002,000 |
Trade Debtors | 34,474,000 | 36,477,000 | 10,780,000 | 16,800,000 | 18,389,000 | 19,869,000 | 22,757,000 | 15,716,000 | 15,380,000 | 13,574,000 | 13,963,000 | 12,640,000 | 13,490,000 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 22,012,000 | 32,674,000 | 6,462,000 | 2,267,000 | 8,580,000 | 99,000 | 129,000 |
Misc Debtors | 7,099,000 | 4,923,000 | 5,823,000 | 13,192,000 | 16,097,000 | 5,688,000 | 4,772,000 | 5,276,000 | 7,400,000 | 7,894,000 | 5,913,000 | 7,475,000 | 5,595,000 |
Cash | 0 | 3,000 | 0 | 0 | 19,000 | 10,000 | 37,000 | 49,000 | 211,000 | 276,000 | 318,000 | 279,000 | 383,000 |
misc current assets | 0 | 3,098,000 | 4,819,000 | 2,132,000 | 11,393,000 | 0 | 1,610,000 | 6,121,000 | 0 | 0 | 0 | 0 | 0 |
total current assets | 43,365,000 | 46,234,000 | 22,608,000 | 33,242,000 | 46,901,000 | 26,569,000 | 52,269,000 | 61,072,000 | 30,885,000 | 24,945,000 | 29,717,000 | 21,416,000 | 20,599,000 |
total assets | 204,337,000 | 220,158,000 | 214,749,000 | 186,437,000 | 224,023,000 | 176,365,000 | 164,005,000 | 174,163,000 | 194,871,000 | 185,596,000 | 215,789,000 | 97,881,000 | 96,686,000 |
Bank overdraft | 2,000 | 0 | 4,000 | 3,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 11,122,000 | 13,940,000 | 12,598,000 | 12,609,000 | 15,959,000 | 12,299,000 | 12,589,000 | 12,267,000 | 8,537,000 | 11,195,000 | 8,834,000 | 8,046,000 | 7,950,000 |
Group/Directors Accounts | 38,957,000 | 49,387,000 | 11,608,000 | 72,528,000 | 91,841,000 | 58,303,000 | 25,792,000 | 75,929,000 | 100,448,000 | 96,542,000 | 134,984,000 | 22,060,000 | 19,939,000 |
other short term finances | 0 | 237,000 | 0 | 363,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 14,664,000 | 16,484,000 | 17,661,000 | 0 | 0 | 0 | 0 | 0 | 0 | 454,000 | 94,000 | 545,000 | 2,780,000 |
other current liabilities | 61,104,000 | 64,272,000 | 59,252,000 | 46,510,000 | 43,933,000 | 43,885,000 | 46,766,000 | 43,463,000 | 33,367,000 | 28,191,000 | 26,970,000 | 26,169,000 | 46,890,000 |
total current liabilities | 125,849,000 | 144,320,000 | 101,123,000 | 132,013,000 | 151,733,000 | 114,487,000 | 85,147,000 | 131,659,000 | 142,352,000 | 136,382,000 | 170,882,000 | 56,820,000 | 77,559,000 |
loans | 0 | 0 | 1,134,000 | 336,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 24,114,000 | 25,375,000 | 33,717,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 454,000 | 549,000 | 723,000 |
Accruals and Deferred Income | 4,729,000 | 6,194,000 | 6,919,000 | 6,347,000 | 4,960,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 5,143,000 | 2,058,000 | 2,762,000 | 0 | 0 | 0 | 0 | 0 |
provisions | 19,300,000 | 19,626,000 | 22,176,000 | 23,340,000 | 28,674,000 | 27,131,000 | 28,460,000 | 28,018,000 | 32,643,000 | 29,956,000 | 26,916,000 | 22,257,000 | 6,124,000 |
total long term liabilities | 48,143,000 | 51,195,000 | 63,946,000 | 30,023,000 | 33,634,000 | 32,274,000 | 30,518,000 | 30,780,000 | 32,643,000 | 29,956,000 | 27,370,000 | 22,806,000 | 6,847,000 |
total liabilities | 173,992,000 | 195,515,000 | 165,069,000 | 162,036,000 | 185,367,000 | 146,761,000 | 115,665,000 | 162,439,000 | 174,995,000 | 166,338,000 | 198,252,000 | 79,626,000 | 84,406,000 |
net assets | 30,345,000 | 24,643,000 | 49,680,000 | 24,401,000 | 38,656,000 | 29,604,000 | 48,340,000 | 11,724,000 | 19,876,000 | 19,258,000 | 17,537,000 | 18,255,000 | 12,280,000 |
total shareholders funds | 30,345,000 | 24,643,000 | 49,680,000 | 24,401,000 | 38,656,000 | 29,604,000 | 48,340,000 | 11,724,000 | 19,876,000 | 19,258,000 | 17,537,000 | 18,255,000 | 12,280,000 |
Jul 2022 | Jul 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jul 2017 | Jul 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jul 2011 | Jul 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||
Operating Profit | 45,521,000 | 53,699,000 | 38,244,000 | 42,778,000 | 40,253,000 | 42,326,000 | 40,620,000 | 40,424,000 | 40,826,000 | 35,163,000 | 28,909,000 | 24,826,000 | 28,486,000 |
Depreciation | 23,105,000 | 26,155,000 | 27,405,000 | 27,683,000 | 26,633,000 | 23,317,000 | 0 | 17,410,000 | 15,650,000 | 13,633,000 | 11,480,000 | 9,393,000 | 8,732,000 |
Amortisation | 87,000 | 93,000 | 103,000 | 0 | 0 | 390,000 | 0 | 1,803,000 | 1,942,000 | 1,771,000 | 443,000 | 0 | 0 |
Tax | -8,315,000 | -10,208,000 | -7,153,000 | -12,323,000 | -7,730,000 | -7,993,000 | -7,667,000 | -8,498,000 | -10,521,000 | -8,293,000 | -6,530,000 | -4,971,000 | -7,504,000 |
Stock | 59,000 | 547,000 | 68,000 | 115,000 | 1,000 | -79,000 | -155,000 | -196,000 | 498,000 | -9,000 | 20,000 | -79,000 | 1,002,000 |
Debtors | 173,000 | 24,797,000 | -13,389,000 | -4,494,000 | 8,929,000 | -23,984,000 | -23,100,000 | -14,764,000 | -4,529,000 | -18,292,000 | 84,279,000 | -2,600,000 | 28,547,000 |
Creditors | -2,818,000 | 1,342,000 | -11,000 | -3,350,000 | 3,660,000 | -290,000 | 322,000 | 3,730,000 | -2,658,000 | 2,361,000 | 788,000 | 96,000 | 7,950,000 |
Accruals and Deferred Income | -4,633,000 | 4,295,000 | 13,314,000 | 3,964,000 | 5,008,000 | -2,881,000 | 3,303,000 | 10,096,000 | 5,176,000 | 1,221,000 | 801,000 | -20,721,000 | 46,890,000 |
Deferred Taxes & Provisions | -326,000 | -2,550,000 | -1,164,000 | -5,334,000 | 1,543,000 | -1,329,000 | 442,000 | -4,625,000 | 2,687,000 | 3,040,000 | 4,659,000 | 16,133,000 | 6,124,000 |
Cash flow from operations | 52,389,000 | 47,482,000 | 84,059,000 | 57,797,000 | 60,437,000 | 77,603,000 | 60,275,000 | 75,300,000 | 57,133,000 | 67,197,000 | -43,749,000 | 27,435,000 | 61,129,000 |
Investing Activities | |||||||||||||
capital expenditure | |||||||||||||
Change in Investments | -140,000 | -572,000 | -4,000 | -3,380,000 | 3,062,000 | 1,034,000 | 0 | -15,764,000 | 0 | 0 | 0 | 0 | 15,764,000 |
cash flow from investments | |||||||||||||
Financing Activities | |||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | -10,430,000 | 37,779,000 | -60,920,000 | -19,313,000 | 33,538,000 | 32,511,000 | -50,137,000 | -24,519,000 | 3,906,000 | -38,442,000 | 112,924,000 | 2,121,000 | 19,939,000 |
Other Short Term Loans | -237,000 | 237,000 | -363,000 | 363,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | -1,134,000 | 798,000 | 336,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | -3,081,000 | -9,519,000 | 51,378,000 | 0 | 0 | 0 | 0 | 0 | -454,000 | -94,000 | -546,000 | -2,409,000 | 3,503,000 |
other long term liabilities | 0 | 0 | 0 | 0 | -5,143,000 | 3,085,000 | -704,000 | 2,762,000 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||
interest | -1,631,000 | -1,589,000 | -1,178,000 | -1,859,000 | -123,000 | -74,000 | -670,000 | -506,000 | 313,000 | -149,000 | -24,000 | -235,000 | -11,000 |
cash flow from financing | -15,252,000 | 28,835,000 | -14,919,000 | -26,324,000 | 39,924,000 | 37,527,000 | -47,178,000 | -31,835,000 | 3,765,000 | -38,685,000 | 112,281,000 | -360,000 | 40,494,000 |
cash and cash equivalents | |||||||||||||
cash | -3,000 | 3,000 | 0 | -19,000 | 9,000 | -27,000 | -12,000 | -162,000 | -65,000 | -42,000 | 39,000 | -104,000 | 383,000 |
overdraft | 2,000 | -4,000 | 1,000 | 3,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -5,000 | 7,000 | -1,000 | -22,000 | 9,000 | -27,000 | -12,000 | -162,000 | -65,000 | -42,000 | 39,000 | -104,000 | 383,000 |
P&L
July 2022turnover
552.9m
-2%
operating profit
45.5m
-15%
gross margin
4.6%
+923.84%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2022net assets
30.3m
+0.23%
total assets
204.3m
-0.07%
cash
0
-1%
net assets
Total assets minus all liabilities
london general transport services limited company details
company number
02328489
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
December 1988
age
36
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
3rd floor 41-51 grey street, newcastle upon tyne, NE1 6EE
last accounts submitted
July 2022
london general transport services 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 13 charges/mortgages relating to london general transport services limited. Currently there are 1 open charges and 12 have been satisfied in the past.
london general transport services limited Companies House Filings - See Documents
date | description | view/download |
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