LOCAL GENERATION LIMITED
Local Generation Limited is a Lincolnshire-based company engaged in the production of electricity.
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Cash
£627k
+343.6% highest in 6 filed years
Net assets
£5.1m
+4.8% vs 2024
Employees
25
-7.4% vs 2024
Profit before tax
£374k
+142.7% first positive since 2024
Net assets
6-year trend · vs Utilities median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | £11,010,015 | £11,136,105 | £10,369,227 | £12,183,622 | +17.5% | |
| Operating profit | — | — | £775,835 | -£2,017,128 | -£861,906 | £383,720 | +144.5% | |
| Profit before tax | — | — | £762,192 | -£2,033,570 | -£875,405 | £373,806 | +142.7% | |
| Net profit | — | — | — | -£1,690,747 | -£694,247 | £234,252 | +133.7% | |
| Cash | £238,423 | £353,186 | £579,084 | £534,905 | £141,431 | £627,322 | +343.6% | |
| Total assets less current liabilities | £8,268,113 | £15,824,392 | £10,299,166 | £9,689,807 | £5,928,527 | £6,170,410 | +4.1% | |
| Net assets | £6,731,112 | £6,784,260 | £7,278,729 | £5,587,982 | £4,893,735 | £5,127,987 | +4.8% | |
| Equity | £6,731,112 | £6,784,260 | £7,278,729 | £5,587,982 | £4,893,735 | £5,127,987 | +4.8% | |
| Average employees | 15 | 15 | 21 | 25 | 27 | 25 | -7.4% | |
| Wages | — | — | £687,115 | £811,660 | £861,906 | £922,788 | +7.1% | |
| Directors' remuneration | — | — | — | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | 7.0% | -18.1% | -8.3% | 3.1% | |
| Net margin | — | — | — | -15.2% | -6.7% | 1.9% | |
| Return on capital employed | — | — | 7.5% | -20.8% | -14.5% | 6.2% | |
| Current ratio | — | — | — | 0.87x | 0.50x | 0.75x | |
| Interest cover | — | — | 56.87x | — | -63.85x | 38.70x |
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
- Auditor
- Ryecroft Glenton
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“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 the year, a scheduled de-gritting of Digester 2 was completed. While this resulted in a period of planned downtime, the work was necessary to maintain long-term plant efficiency and reliability. Despite this interruption, overall production increased, demonstrating the resilience and underlying strength of operations.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. 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 118 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-09-18 MA Memorandum articles
- 2024-09-18 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-27 | AP01 | officers | Appoint person director company with name date | |
| 2026-07-06 | AA | accounts | Accounts with accounts type full | |
| 2026-06-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 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 |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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.