Operations commenced in 2002 with a service between Glossop and Tintwistle, and were expanded with the addition of contracts from Derbyshire County Council and Transport for Greater Manchester. Being a collaboration between Jack Hampson and David Whyatt, it can in some ways be viewed as a continuation of the Glossopdale Bus Company project. The company was originally based in Glossop until they moved to a base in Hyde. They also ran a number of school buses in the Glossop area. Speedwellbus also formerly operated a "No frills" bus service in Greater Manchester, entitled Speedwellvalue.