DIESELEC THISTLE GENERATORS LIMITED
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Cash
£1.3m
-81.4% lowest in 5 filed years
Net assets
£6m
+23.6% highest in 5 filed years
Employees
103
0% vs 2025
Profit before tax
£1.6m
-28.6% first positive since 2022
Net assets
5-year trend · vs Industrials median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2021-06-30 | 2022-06-30 | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | £19,106,660 | £16,927,399 | £17,962,337 | £32,051,719 | £29,507,819 | -7.9% | |
| Operating profit | £1,555,860 | -£458,573 | £354,137 | £2,250,516 | £1,748,728 | -22.3% | |
| Profit before tax | £1,520,559 | -£472,447 | £405,299 | £2,284,025 | £1,630,282 | -28.6% | |
| Net profit | £1,230,381 | -£116,816 | £296,536 | £1,702,946 | £1,141,193 | -33% | |
| Cash | £1,597,557 | £1,798,259 | £2,342,732 | £6,779,403 | £1,262,480 | -81.4% | |
| Total assets less current liabilities | £3,784,451 | £3,280,148 | £5,360,622 | £4,926,888 | £6,817,406 | +38.4% | |
| Net assets | £3,673,374 | £3,256,558 | £5,228,977 | £4,831,923 | £5,973,116 | +23.6% | |
| Equity | £3,673,374 | £3,256,558 | £5,228,977 | £4,831,923 | £5,973,116 | +23.6% | |
| Average employees | 80 | 87 | 97 | 103 | 103 | 0% | |
| Wages | £3,491,601 | £3,935,232 | £4,487,270 | £5,614,867 | £5,522,476 | -1.6% | |
| Directors' remuneration | £279,923 | £447,667 | £74,398 | — | — | — |
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 | 2021-06-30 | 2022-06-30 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|
| Operating margin | 8.1% | -2.7% | 2.0% | 7.0% | 5.9% | |
| Net margin | 6.4% | -0.7% | 1.7% | 5.3% | 3.9% | |
| Return on capital employed | 41.1% | -14.0% | 6.6% | 45.7% | 25.7% | |
| Current ratio | — | — | 1.35x | 1.39x | 1.09x | |
| Interest cover | 39.62x | -31.69x | — | — | 14.76x |
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.
Name history
Renamed 1 time since incorporation
- DIESELEC THISTLE GENERATORS LIMITED 2011-09-14 → present
- DIESELEC GENERATORS LIMITED 2004-06-24 → 2011-09-14
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Dains Audit (Scotland) Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- DIESELEC THISTLE GENERATORS LIMITED · parent
- Gabb Holdings (Scotland) Limited 100%
- Power & Control Solutions Ltd 100%
Significant events
- “During the year, the company completed the acquisition of Power & Control Solutions Ltd.”
- “On 30 June 2025, the company acquired the entire share capital of GABB Holdings (Scotland) Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 18 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LEAK, Adam John | Secretary | 2024-11-26 | — | — |
| HALL, Oliver Joseph | Director | 2023-11-01 | Sep 1992 | British |
| KIRK, Alan Charles Robinson | Director | 2023-11-01 | Jun 1968 | British |
| TAYLOR, David | Director | 2023-11-01 | Dec 1983 | British |
| TREVOR, Ivan James | Director | 2023-11-01 | Jul 1979 | British |
| VIAN, Paul Thomas | Director | 2026-03-04 | Jan 1971 | British |
Show 18 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BILLING, Davinder | Secretary | 2023-11-01 | 2024-07-04 |
| MOORE, Christina Claire | Secretary | 2004-06-24 | 2010-09-10 |
| AITKEN, Brian | Director | 2010-09-10 | 2023-11-01 |
| ARTHUR, James | Director | 2004-06-24 | 2010-09-10 |
| BELL, David Robert | Director | 2010-09-10 | 2014-09-25 |
| BUCHAN, Ian Andrew John | Director | 2010-11-23 | 2023-11-01 |
| CLARK, Kenny | Director | 2013-02-04 | 2013-12-17 |
| KERR, Gordon William | Director | 2022-01-24 | 2023-11-01 |
| MALCOLMSON, Pat | Director | 2013-01-31 | 2014-11-30 |
| MOORE, Christina Claire | Director | 2004-06-24 | 2008-04-04 |
| MOORE, Paul Adam | Director | 2005-09-01 | 2023-11-01 |
| MUIRIE, Brian | Director | 2010-09-10 | 2023-11-01 |
| MYERS, Paul Frederick | Director | 2019-09-01 | 2022-01-24 |
| OATES, James David | Director | 2022-01-24 | 2022-09-05 |
| PIRRIE, James Mcnab | Director | 2010-09-10 | 2023-11-01 |
| PIRRIE, John Syme | Director | 2010-09-10 | 2023-11-01 |
| RUDMAN, James William | Director | 2023-11-01 | 2025-03-31 |
| TAYLOR, Gordon John | Director | 2011-07-26 | 2013-12-04 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Flogas Britain Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 119 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-09 | AA | accounts | Accounts with accounts type full | |
| 2026-06-03 | AP01 | officers | Appoint person director company with name date | |
| 2026-06-02 | AP01 | officers | Appoint person director company with name date | |
| 2026-06-02 | AP01 | officers | Appoint person director company with name date | |
| 2026-06-02 | TM01 | officers | Termination director company with name termination date | |
| 2026-06-02 | TM01 | officers | Termination director company with name termination date | |
| 2026-06-02 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-16 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-01-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-07-04 | AA | accounts | Accounts with accounts type full | |
| 2025-03-31 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-26 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-01-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-27 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-08-30 | AA | accounts | Accounts with accounts type full | |
| 2024-07-04 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-02-28 | AA01 | accounts | Change account reference date company current shortened | |
| 2024-02-23 | AA | accounts | Accounts with accounts type full | |
| 2024-01-25 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 0
- Officers appointed
- 1
- 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.