In May 1911 Daimler announced the flotation of shares in a new subsidiary to operate a London bus service, The Premier Motor Omnibus Company to run Daimler buses with Searle "who has resigned his position with London General Omnibus for the purpose" as General Manager.
In May 1911 BSA-Daimler floated a new subsidiary to operate a London bus service, The Premier Motor Omnibus Company running Daimler buses. Daimler's chairman was chairman of the new company and Daimler's managing director deputy chairman with Searle "who has resigned his position with London General Omnibus for the purpose" as General Manager.