SKILLS MOTOR COACHES LIMITED
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Cash
£573K
-37.1% vs 2024
Net assets
£1.3M
-8% vs 2024
Employees
46
0% vs 2024
Profit before tax
£240K
+323.9% highest in 5 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
We draw attention to note 1.2 in the financial statements, which explains the level of company financial liabilities and the need to ensure continuance of future profits in order to meet the structured repayments as they fall due. As stated in note 1.2 this indicates the existence of a material uncertainty in connection with the Company's ability to continue as a going concern.
-
Audit opinion: Qualified
Latest auditor's report carried a non-clean opinion.
-
Going-concern uncertainty disclosed
Net assets
5-year trend · vs Industrials median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2025-04-30
| Metric | Trend | 2021-04-30 | 2022-04-30 | 2023-04-30 | 2024-04-30 | 2025-04-30 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | £8,885,755 | — | — | £4,494,332 | £3,784,751 | -15.8% | |
| Operating profit | -£3,543,383 | — | — | £267,649 | £460,786 | +72.2% | |
| Profit before tax | -£3,676,836 | -£9,854 | £70,508 | £56,534 | £239,621 | +323.9% | |
| Net profit | -£3,507,189 | £58,079 | £424,640 | -£45,126 | £3,057 | +106.8% | |
| Cash | £150,891 | £291,141 | £167,928 | £911,016 | £573,065 | -37.1% | |
| Total assets less current liabilities | £5,298,832 | £4,891,690 | £4,136,600 | £5,742,715 | £7,818,797 | +36.2% | |
| Net assets | £1,327,365 | £1,282,044 | £1,598,084 | £1,447,358 | £1,331,065 | -8% | |
| Equity | £1,327,365 | £1,282,044 | £1,598,084 | £1,447,358 | £1,331,065 | -8% | |
| Average employees | 177 | 46 | 46 | 46 | 46 | 0% | |
| Wages | £5,226,126 | £964,340 | £1,030,813 | £1,176,752 | £1,277,086 | +8.5% | |
| Directors' remuneration | £19,200 | £0 | — | — | — | — |
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 | 2021-04-30 | 2022-04-30 | 2023-04-30 | 2024-04-30 | 2025-04-30 |
|---|---|---|---|---|---|---|
| Operating margin | -39.9% | — | — | 6.0% | 12.2% | |
| Net margin | -39.5% | — | — | -1.0% | 0.1% | |
| Return on capital employed | -66.9% | — | — | 4.7% | 5.9% | |
| Gearing (liabilities / total assets) | — | — | — | 90.7% | 90.6% | |
| Current ratio | — | — | — | 0.85x | 0.56x | |
| Interest cover | -26.55x | — | — | 1.27x | 0.95x |
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
- TAG Assurance Services Ltd
- Audit opinion
- Qualified
- Going concern
- Material uncertainty disclosed
“We draw attention to note 1.2 in the financial statements, which explains the level of company financial liabilities and the need to ensure continuance of future profits in order to meet the structured repayments as they fall due. As stated in note 1.2 this indicates the existence of a material uncertainty in connection with the Company's ability to continue as a going concern.”
Group structure
- SKILLS MOTOR COACHES LIMITED · parent
- Silverdale Tours (Nottingham) Limited 90%
- Nottingham City Coaches Limited 100%
- Skills and Wardle Sports Tours Limited 99%
Significant events
- “The Directors have subsequently been successful in securing new contract private hire work with a major cruise company and Kuoni Holidays. The NEC contract continues to grow as exhibitions return to the NEC. The Company continues to operate for schools and colleges and the major colleges are delighted with the results.”
- “The return of our private hire customer base has been pleasing and shows the strength of the brands. We continue to work with National Express who have reported their revenues have returned to pre pandemic levels. A new five year contract has been signed with National Express.”
- “During the year Skills Transport Solutions Limited and Apartair Travel Limited were sold to the directors of Skills Motor Coaches Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SKILL, Simon Christopher Robert | Secretary | — | — | British |
| HALLAM, Peter Roy | Director | 2006-07-01 | Jun 1963 | British |
| SKILL, Nigel Stuart Arthur | Director | — | Apr 1954 | British |
| SKILL, Simon Christopher Robert | Director | — | Sep 1956 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COLLIER, Stephen Lee | Director | 2019-06-12 | 2020-08-01 |
| FINCH, Royston Kenneth | Director | 2005-10-01 | 2008-09-01 |
| MARKHAM, John | Director | 2001-02-01 | 2004-04-04 |
| MCTIERNAN, Paul | Director | 1997-01-01 | 2001-03-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Qubic Trustees Limited | Corporate entity | Shares 25–50% (as trust), Voting 25–50% (as trust) | 2019-06-20 | Active |
| Skills Leisure Ltd | Corporate entity | Shares 50–75%, Voting 50–75% | 2016-04-06 | Active |
Filing timeline
Last 20 of 147 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-05 | AA | accounts | Accounts with accounts type full | |
| 2025-05-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-27 | AA | accounts | Accounts with accounts type full | |
| 2024-05-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-04-19 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-12-06 | AA | accounts | Accounts with accounts type full | |
| 2023-05-25 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-01-31 | AA | accounts | Accounts with accounts type full | |
| 2022-09-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-05-26 | AA | accounts | Accounts with accounts type full | |
| 2022-05-26 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-05-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-04-15 | AA01 | accounts | Change account reference date company current extended | |
| 2020-09-02 | TM01 | officers | Termination director company with name termination date | |
| 2020-08-03 | AA | accounts | Accounts with accounts type full | |
| 2020-05-29 | SH01 | capital | Capital allotment shares | |
| 2020-05-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-05-28 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2020-05-28 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2019-07-29 | SH01 | capital | Capital allotment shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- 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.