LOCOGEN LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-12-20 (in 7mo)
Last made up 2025-12-06
Watchouts
None on the register
Cash
£3M
+152% vs 2023
Net assets
£6M
+33.9% vs 2023
Employees
79
+23.4% vs 2023
Profit before tax
£2M
+917.7% vs 2023
Net assets
7-year trend · vs Industrials median
Accounts
7-year trend · latest reflected 2024-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £8,001,275 | £6,236,317 | |
| Operating profit | — | — | — | — | — | £228,283 | -£834,596 | |
| Profit before tax | — | — | — | — | — | £161,946 | £1,648,164 | |
| Net profit | — | — | — | — | — | £48,255 | £1,572,812 | |
| Cash | — | — | — | — | — | £1,186,043 | £2,988,972 | |
| Total assets less current liabilities | — | — | — | — | — | £6,775,910 | £8,262,025 | |
| Net assets | — | — | — | — | — | £4,741,745 | £6,349,272 | |
| Equity | — | — | — | — | £6,356,093 | £4,741,745 | £6,349,272 | |
| Average employees | — | — | — | — | — | 64 | 79 | |
| Wages | — | — | — | — | — | £2,896,823 | £3,431,355 | |
| Directors' remuneration | — | — | — | — | — | £88,173 | £87,288 |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-22.1%
£8,001,275 £6,236,317
-
Cash
+152%
£1,186,043 £2,988,972
-
Net assets
+33.9%
£4,741,745 £6,349,272
-
Employees
+23.4%
64 79
-
Operating profit
-465.6%
£228,283 -£834,596
-
Profit before tax
+917.7%
£161,946 £1,648,164
-
Wages
+18.5%
£2,896,823 £3,431,355
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | 2.9% | -13.4% | |
| Net margin | — | — | — | — | — | 0.6% | 25.2% | |
| Return on capital employed | — | — | — | — | — | 3.4% | -10.1% | |
| Current ratio | — | — | — | — | — | 2.38x | 2.61x | |
| Interest cover | — | — | — | — | — | 2.01x | -6.23x |
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
- Consolidated group
- Auditor
- Drummond Laurie CA
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”
Group structure
- LOCOGEN LIMITED · parent
- Locogen Energy Services Limited 100%
- Locogen Consulting Ltd 100%
- Locogen Yieldco Ltd 100%
- Ben Mor Hydro Limited 100%
- Locogen Investments Limited 100%
- Mid Whitestones Solar Ltd 100%
- Locogen Asset Management Limited 100%
- Locogen Devco Limited 100%
- Glenwhan Wind Farm Limited 100%
- Locogen Developments Holdings Limited 100%
- Locogen Solar Partnership Two Limited 100%
- Greenland Wind Farm Limited 100%
- Arbikie Distillery Green Hydrogen Limited 50.1%
- Locogen SPV Nine Limited 100%
- Locogen SPV Ten Limited 100%
- Locogen SPV Eleven Limited 100%
- Locogen SPV Twelve Limited 100%
- Locogen SPV Thirteen Limited 100%
- Locogen SPV Fourteen Limited 100%
- Cantlayhills Energy Limited 51%
- SAS Locogen France 59.23%
Significant events
- “In 2024, we secured a substantial investment in our French business to fund the growth of our development activities in France.”
- “In the UK we have realised returns from our investment in development activities in utility scale solar and energy storage projects.”
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 |
|---|---|---|---|---|
| HAMILTON, Stuart Rodgers | Director | 2025-10-01 | Nov 1982 | British |
| LYLE, Andrew William | Director | 2009-12-11 | Feb 1980 | British |
| MCLEAN, Ian | Director | 2025-10-01 | Mar 1980 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Andrew William Lyle | Individual | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 53 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-08-08 MA Memorandum articles
- 2025-08-08 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-10-06 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-06 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-26 | AA | accounts | Accounts with accounts type group | |
| 2025-08-08 | MA | incorporation | Memorandum articles | |
| 2025-08-08 | RESOLUTIONS | resolution | Resolution | |
| 2025-08-05 | SH01 | capital | Capital allotment shares | |
| 2025-08-05 | SH01 | capital | Capital allotment shares | |
| 2024-12-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-30 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-12-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-29 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-12-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-29 | AA | accounts | Accounts with accounts type total exemption full | |
| 2021-12-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-29 | AA | accounts | Accounts with accounts type total exemption full | |
| 2020-12-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-09-16 | AA | accounts | Accounts with accounts type total exemption full | |
| 2019-12-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-09-24 | AA | accounts | Accounts with accounts type total exemption full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 2
- Officers appointed
- 2
- 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.