Midland Bluebird Limited
Registered name: MIDLAND BLUEBIRD LIMITED
Part of Dalglen (No. 1812) Limited groupMidland Bluebird Limited made £26.8m revenue and £972k profit in the year to 28 Dec 2025.
Midland Bluebird Limited’s revenue grew 5% to £26.8m in the year to 28 Dec 2025, with £972k profit and 377 employees. The company is classified under “other urban, suburban or metropolitan passenger land transport (not underground, metro or similar)” and is based in Larbert; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Larbert, Scotland
- Age
- 94 yrs · since 1932
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “McGill's Scotland East Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 26 Mar 2022 | 1 Jan 2023 | 31 Dec 2023 | 29 Dec 2024 | 28 Dec 2025 |
|---|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | £22.5m | £17.2m | £21.7m | £25.6m | £26.8m |
| Cost of sales | £17.4m | £16.6m | £18.8m | £20.8m | £20.9m |
| Gross profit | £5.1m | £523k | £2.9m | £4.8m | £5.9m |
| Operating profit | £2.1m | £8.9m | −£336k | £1.8m | £2.4m |
| Profit before tax | £2m | £8.9m | −£336k | £1.8m | £2.2m |
| Profit after tax | £1.6m | £8.7m | −£367k | £1.4m | £972k |
| Profit (best available) | £1.6m | £8.7m | −£367k | £1.4m | £972k |
| Staff costs | £11.6m | £7.8m | £11.8m | £13.1m | £14.1m |
| Employees (average) | 365 | 356 | 303 | 288 | 377 |
| Ratios | |||||
| Profit margin | 7.1% | 50.9% | −1.7% | 5.5% | 3.6% |
| Gross margin | 22.9% | 3% | 13.4% | 18.6% | 22.1% |
| Revenue per employee | £61.7k | £48.2k | £71.6k | £88.9k | £71.2k |
| Profit per employee | £4.4k | £24.5k | −£1.2k | £4.9k | £2.6k |
| Growth (year on year) | |||||
| Revenue growth | — | — | — | ▲17.9% | ▲4.9% |
| Profit growth | — | — | — | — | ▼30.9% |
| Headcount growth | — | — | — | ▼5% | ▲30.9% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £4.2m | £3.7m | £1.8m | £1.9m | £1.4m |
| Net assets | −£2.5m | £6.2m | £5.9m | £7.3m | £8.2m |
| Fixed assets | £8.1m | £3.9m | £4m | £2.8m | £17.2m |
| Current assets | £6.5m | £8.4m | £7m | £11m | £12.6m |
| Debtors | £711k | £3m | £491k | £566k | £823k |
| Deferred income | £845k | £1.9m | £416k | £640k | £5.4m |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Oct 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 3.6%
- Profit ÷ revenue.
- Gross margin
- 22.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £71.2k
- Revenue ÷ average employees.
- Profit per employee
- £2.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 64.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 20.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 3.1%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲13%
- Now £8.2m
- Cash at bank
- ▼26%
- Now £1.4m
- Headcount
- ▲31%
- Now 377
- Deferred income
- ▲749%
- Now £5.4m
- Fixed assets
- ▲519%
- Now £17.2m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Dalglen (No. 1812) Limitedultimate parent75–100%
- Arranglen Limited75–100%
- McGill's Bus Service Limited75–100%
- McGill’s Scotland East Limited75–100%
- Midland Bluebird Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Eastern Scottish Omnibuses LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 28 Dec 2025 (profit £972k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.