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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-06-03 (in 1mo)

Last made up 2025-05-20

Watchouts

None on the register

Cash

Latest balance sheet

Net assets

-£52M

-74.1% vs 2023

Employees

0

Average over period

Profit before tax

-£22M

-8.3% vs 2023

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover
Operating profit £2,528,177-£778,450
Profit before tax -£20,411,985-£22,100,064
Net profit -£20,411,985-£22,100,064
Cash
Total assets less current liabilities -£29,837,449-£51,937,514
Net assets -£29,837,449-£51,937,514
Equity -£29,837,449-£51,937,514
Average employees 00
Wages

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 2023-12-312024-12-31
Return on capital employed -8.5%1.5%
Gearing (liabilities / total assets) 109.6%116.7%
Current ratio 0.13x0.12x
Interest cover 0.11x-0.04x

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 102
Reporting scope
Standalone (parent only)
Auditor
Deloitte LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons. The company is the UK parent company of the DSE group. The company generates income through the receipt of dividends from its indirect subsidiary Deep Sea Electronics Limited who has adequate resources available to continue in operational existence for a period of at least twelve months from the date of the approval of these financial statements.”

Group structure

  1. GENERAC UK ACQUISITION LIMITED · parent
    1. Generac UK DSE Topco Limited 100% · Intermediate holding company
    2. Generac UK DSE Midco Limited 100% · Intermediate holding company
    3. Generac UK DSE Bidco Limited 100% · Intermediate holding company
    4. Deep Sea Electronics Limited 100% · Manufacture of electronic control systems
    5. DSE Development Limited 100% · Dormant
    6. Deep Sea Electronics India Private Limited 100% · Maharastra India · Distributor of electronic control systems

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

3 active · 0 resigned

Name Role Appointed Born Nationality
VISTRA COSEC LIMITED Corporate Secretary 2025-02-17
JAGDFELD, Aaron Paul Director 2021-05-21 Nov 1971 American
RAGEN, York Anthony Director 2021-05-21 Oct 1971 American

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 15 of 15 total filings

Date Type Category Description
2026-04-28 CH04 officers Change corporate secretary company with change date PDF
2025-10-03 AA accounts Accounts with accounts type full
2025-05-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-02-21 AD01 address Change registered office address company with date old address new address PDF
2025-02-21 AP04 officers Appoint corporate secretary company with name date PDF
2024-10-07 AA accounts Accounts with accounts type full
2024-06-29 CS01 confirmation-statement Confirmation statement with no updates
2023-11-17 AA accounts Accounts with accounts type full
2023-07-28 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-05-27 AD01 address Change registered office address company with date old address new address
2023-03-16 AA accounts Accounts with accounts type full
2022-07-25 AA01 accounts Change account reference date company previous shortened PDF
2022-07-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-05-24 AD01 address Change registered office address company with date old address new address PDF
2021-05-21 NEWINC incorporation Incorporation company PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

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

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

Official Companies House page