The business of Yellow Bus Services (YBS) of Stoughton, Guildford was started in 1920 as a partnership between Mr Frank Hutchins (using a legacy from his uncle) and Mr Sydney Hayter (using his gratuity earned from service with the Royal Flying Corps. The partnership was to dissolve after 3 years, with Hayter remaining as the sole proprietor. Mr Hayter died in 1951 and the company ceased to trade as a bus operator in 1958, with its interests taken over by the Aldershot and District Traction Company.