UK Companies House feature
LOCAL GENERATION LIMITED
Cash
£141K
-73.6% vs 2023
Net assets
£5M
-12.4% vs 2023
Employees
27
+8% vs 2023
Profit before tax
-£875K
+57% vs 2023
Profile
- Company number
- 06606245
- Status
- Active
- Incorporation
- 2008-05-30
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 35110
- Hubs
- UK Energy & Climate
Net assets
6-year trend · vs UK Energy & Climate median
Accounts
6-year trend · latest 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | £11,010,015 | £11,136,105 | £10,369,227 | |
| Operating profit | — | — | — | £775,835 | -£2,017,128 | -£861,906 | |
| Profit before tax | — | — | — | £762,192 | -£2,033,570 | -£875,405 | |
| Net profit | — | — | — | — | — | — | |
| Cash | £81,027 | £238,423 | £353,186 | £579,084 | £534,905 | £141,431 | |
| Total assets less current liabilities | £8,434,894 | £8,268,113 | £15,824,392 | £10,299,166 | £9,689,807 | £5,928,527 | |
| Net assets | £6,733,229 | £6,731,112 | £6,784,260 | £7,278,729 | £5,587,982 | £4,893,735 | |
| Equity | £6,733,229 | £6,731,112 | £6,784,260 | £7,278,729 | £5,587,982 | £4,893,735 | |
| Average employees | 16 | 15 | 15 | 21 | 25 | 27 | |
| Wages | — | — | — | £687,115 | £811,660 | £861,906 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Ryecroft Glenton
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At 31 December 2024 the Company had net current liabilities of £3,382,365 (2023: £575,473) and net assets of £4,893,735 (2023: £5,587,982). The Company is dependent upon the funds provided by GVO B-1 Limited, the 77% shareholder of the Company. The ultimate parent, GVO B-1 Limited has been provided with a letter of support that will allow it to make available such funds as are needed by the Company to continue in operational existence for at least 12 months from signing off so the Company can meet its liabilities that fall due for payment, should it be needed. Having reviewed the Company's current position and forecasts for the next twelve months which shows promising results, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the going concern basis was adopted in preparing the financial statements.”
Significant events
- “During 2025, the Company has committed to invest in essential works to ensure that its assets remain compliant, efficient, and capable of delivering strong operational performance. This includes a significant de-grit of the plant's digester, which is expected to enhance operational efficiency, increase reliability, and support improved financial performance in future years.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
3 active · 18 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KEELING, Andrew Piers Symons | Director | 2011-04-13 | Dec 1973 | British |
| MADDAN, Ralph Buchanan | Director | 2024-09-06 | Dec 1964 | British |
| STOYELL, Christer Eric | Director | 2024-11-20 | Nov 1977 | British |
Show 18 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DEARN, Matthew | Secretary | 2016-06-23 | 2016-11-11 |
| DUGUID, Adam Matthew | Secretary | 2022-01-28 | 2024-09-06 |
| PAUL, Gail | Secretary | 2008-05-30 | 2015-12-18 |
| LONDON LAW SECRETARIAL LIMITED | Corporate Nominee Secretary | 2008-05-30 | 2008-05-30 |
| ANDERSON, Richard James | Director | 2015-04-29 | 2015-12-18 |
| BOLLAND, Marc | Director | 2024-09-06 | 2024-11-20 |
| DUGUID, Adam Matthew | Director | 2022-01-28 | 2024-09-06 |
| ELDEN, Jeremy Mark | Director | 2008-05-30 | 2008-08-11 |
| HARROD, Mark Anthony | Director | 2008-05-30 | 2015-12-18 |
| HUNTER, Neil Francis | Director | 2012-04-06 | 2024-09-06 |
| KUESSNER, Michael | Director | 2015-12-18 | 2024-09-06 |
| PARR, Angela Caroline Maria | Director | 2022-01-28 | 2023-06-12 |
| SCHREIBER, Kuno Paul Sutter | Director | 2015-12-18 | 2018-07-13 |
| SPENCE, Allan Crombie | Director | 2012-04-06 | 2016-01-28 |
| TERRY, Dawn Susan | Director | 2012-04-06 | 2013-08-16 |
| VIERGUTZ, Marina Nitsa | Director | 2024-09-06 | 2025-01-31 |
| WATERMAN, Nicholas | Director | 2008-05-30 | 2015-03-31 |
| LONDON LAW SERVICES LIMITED | Corporate Nominee Director | 2008-05-30 | 2008-05-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Gvo B-1 Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2017-07-05 | Active |
| Logen Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Ceased 2017-07-05 |
Filing timeline
Last 20 of 115 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-12-22 | AA | accounts | accounts with accounts type full |
| 2025-06-10 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-02-19 | AA | accounts | accounts with accounts type full |
| 2025-02-10 | TM01 | officers | termination director company with name termination date |
| 2024-12-23 | AA01 | accounts | change account reference date company previous shortened |
| 2024-11-21 | TM01 | officers | termination director company |
| 2024-11-21 | TM01 | officers | termination director company with name termination date |
| 2024-11-20 | AP01 | officers | appoint person director company with name date |
| 2024-09-18 | MA | incorporation | memorandum articles |
| 2024-09-18 | RESOLUTIONS | resolution | resolution |
| 2024-09-17 | AP01 | officers | appoint person director company with name date |
| 2024-09-13 | AP01 | officers | appoint person director company with name date |
| 2024-09-11 | TM01 | officers | termination director company with name termination date |
| 2024-09-11 | TM01 | officers | termination director company with name termination date |
| 2024-09-11 | TM02 | officers | termination secretary company with name termination date |
| 2024-09-11 | TM01 | officers | termination director company with name termination date |
| 2024-09-11 | AP01 | officers | appoint person director company with name date |
| 2024-07-03 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-07-03 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-06-06 | CS01 | confirmation-statement | confirmation statement with no updates |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
-1.55
DISTRESS
Altman Z″
- Working capital / Total assets -0.267 × 6.56 = -1.75
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets -0.068 × 6.72 = -0.46
- Book equity / Total liabilities 0.631 × 1.05 = +0.66
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Composite activity score · components 0–100 · reference 2026-05-09
19.3
COLD
/ 100
- Filings velocity 17
- Capital events 0
- Officer churn 0
- Headcount trajectory 58
- Accounts trajectory 43
- 2 filing(s) in last 12 months
- Employees +8% YoY
- Turnover -7% YoY