ETHOSENERGY LIGHT TURBINES LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-01-14 (in 8mo)
Last made up 2025-12-31
Watchouts
None on the register
Cash
—
Latest balance sheet
Net assets
-£20M
+3% vs 2023
Employees
84
-3.4% vs 2023
Profit before tax
£764K
-66.4% vs 2023
Name history
Renamed 4 times since incorporation
- ETHOSENERGY LIGHT TURBINES LIMITED 2014-05-13 → present
- WOOD GROUP OIL GAS & INDUSTRIAL SERVICES LIMITED 2011-06-09 → 2014-05-13
- WOOD GROUP LIGHT INDUSTRIAL TURBINES LIMITED 1997-01-01 → 2011-06-09
- LINCOLN TURBINE SERVICE LIMITED 1986-10-08 → 1997-01-01
- SCOTDALE LIMITED 1981-03-10 → 1986-10-08
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £47,967,000 | £52,282,000 | |
| Operating profit | £4,882,000 | £3,370,000 | |
| Profit before tax | £2,273,000 | £764,000 | |
| Net profit | £2,731,000 | £611,000 | |
| Cash | — | — | |
| Total assets less current liabilities | -£17,737,000 | -£17,149,000 | |
| Net assets | -£20,566,000 | -£19,955,000 | |
| Equity | -£20,566,000 | -£19,955,000 | |
| Average employees | 87 | 84 | |
| Wages | £6,054,000 | £6,012,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 10.2% | 6.4% | |
| Net margin | 5.7% | 1.2% | |
| Return on capital employed | -27.5% | -19.7% | |
| Gearing (liabilities / total assets) | 164.7% | 161.5% | |
| Current ratio | 0.59x | 0.56x | |
| Interest cover | 1.86x | 1.27x |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors believe that preparing the financial statements on a going concern basis is appropriate due to the continued financial support of the ultimate parent company, Ethos Energy Group Limited. The directors have received confirmation that Ethos Energy Group Limited intends to, and has the ability to, support the company for at least twelve months after these financial statements are signed.”
Significant events
- “In 2024, revenue increased 9% compared to prior year with operating profit margin dropping from 10.2% to 6.4%, driven by increased pass-through activity.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 35 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FORNO, Luca, Mr. | Director | 2023-08-30 | Dec 1979 | Italian |
| JESSIMAN, Scott | Director | 2009-11-27 | Dec 1970 | British |
| SMITH, Hazel Kathleen | Director | 2023-09-19 | Sep 1965 | British |
Show 35 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BROWN, Charles Nicholas | Secretary | — | 1998-03-23 |
| BROWN, Robert Muirhead Birnie | Secretary | 2010-09-01 | 2014-05-06 |
| GOOD, Graham | Secretary | 1998-03-23 | 1999-10-01 |
| JOHNSON, Ian | Secretary | 2003-11-24 | 2010-09-01 |
| MCGREGOR, Alister James | Secretary | 2014-05-06 | 2020-02-20 |
| WATSON, Christopher Edward Milne | Secretary | 1999-10-01 | 2003-11-24 |
| ALDERTON, Terence Robert | Director | 1998-09-22 | 2004-04-07 |
| BAILLIE, David Charles | Director | 2003-04-15 | 2003-11-28 |
| BARCLAY, Scott Hart | Director | 2001-04-20 | 2003-06-30 |
| BEDFORD, Ian | Director | 2011-09-27 | 2014-05-06 |
| BROADLEY, Stuart Richard | Director | 2004-08-01 | 2010-03-31 |
| BROWN, Robert Muirhead Birnie | Director | 2010-09-01 | 2010-09-01 |
| DALY, Robert | Director | — | 2001-04-23 |
| DAVIES, James Evan Lloyd | Director | 2022-08-05 | 2023-08-30 |
| DEAR, Michael | Director | 2004-08-02 | 2007-01-26 |
| DICKIE, Graham | Director | 2007-01-26 | 2009-11-06 |
| DOBLER, Mark Stephen | Director | 2012-06-29 | 2014-08-22 |
| DRON, Joseph Gibb | Director | 1996-03-01 | 2000-10-29 |
| EDGAR, William | Director | 2001-05-30 | 2003-11-28 |
| ELDER, Catherine | Director | 2015-11-10 | 2023-09-19 |
| ELLERKER, David Arthur | Director | — | 2000-08-04 |
| GARTSHORE, Derek Alexander | Director | 2013-06-01 | 2015-09-18 |
| GORRIE, Gordon Douglas | Director | 1993-01-20 | 2001-04-23 |
| GOUGH, Brian Douglas | Director | 1996-03-01 | 2003-06-30 |
| LANGLANDS, Allister Gordon | Director | 2000-08-01 | 2006-01-01 |
| LOWDEN, Andrew William | Director | 2001-04-20 | 2004-09-30 |
| MCGREGOR, Alister James | Director | 2001-05-30 | 2004-08-02 |
| MCKENDRICK, David Alexander | Director | 2003-07-02 | 2006-07-01 |
| MOTHERWELL, Thomas | Director | 1993-04-20 | 2000-06-01 |
| MURRAY, John Campbell | Director | 2020-07-30 | 2022-08-05 |
| MUSE, Michael Joseph | Director | 2020-02-20 | 2020-07-30 |
| PAPWORTH, Mark Harry | Director | 2005-02-04 | 2012-06-29 |
| REID, John George | Director | 1996-03-01 | 2002-12-31 |
| THORBURN, Robert Jamieson | Director | 1997-07-01 | 2004-08-01 |
| WATSON, Christopher Edward Milne | Director | 2011-08-17 | 2020-02-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ethos Energy Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 220 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-03-14 MA Memorandum articles
- 2025-03-14 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-16 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-01-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-29 | AA | accounts | Accounts with accounts type full | |
| 2025-03-14 | MA | incorporation | Memorandum articles | |
| 2025-03-14 | RESOLUTIONS | resolution | Resolution | |
| 2025-03-11 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-03-10 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-02-06 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-01-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-14 | AA | accounts | Accounts with accounts type full | |
| 2024-05-01 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2024-04-30 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-01-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-22 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-22 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-01 | AP01 | officers | Appoint person director company with name date | |
| 2023-08-31 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-05 | AA | accounts | Accounts with accounts type full | |
| 2023-01-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-11 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+9%
£47,967,000 £52,282,000
-
Cash
—
Not reported
-
Net assets
+3%
-£20,566,000 -£19,955,000
-
Employees
-3.4%
87 84
-
Operating profit
-31%
£4,882,000 £3,370,000
-
Profit before tax
-66.4%
£2,273,000 £764,000
-
Wages
-0.7%
£6,054,000 £6,012,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers