DIESELEC THISTLE GENERATORS LIMITED

📈Growthactive

SC269766 · ltd · incorporated 2004-06-24

Investment thesis

Growth-phase business — story-led; valuation sensitive to momentum.

Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.

Why risky: Price often leads fundamentals; dependency on founder often high.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

—

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: SIC 33200

Sector: Manufacturing

Investor take

Pursue

Strong opportunity: conservative operator with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 77/100. Strong seller-intent signal (60/100, director aged 58). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (77/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 15.6y

45/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 15.6 years old — likely at or near maturity.
· 3 lenders named — inter-creditor friction likely.
· Legal-friction score 38/100 — workable, but lender will want more DD.
· Profitable and stable/growing — lender coverage supportable.

Data confidence

Overall: high (84/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

3 charges (3/3 with lender, 3/3 with type)

Directors & officers

24 officers (6 active, 24 linked, 21 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

19 connected companies via shared directors

Filing history

112 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Profitable

Profit before tax £2,284,025

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31	2024-03-31
Profit before tax	£2.28M	£405.3k
Average employees	10300	9700

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days

filings

Last 90 days

filings

• 1 officers
• 1 mortgage

Last 180 days

filings

• 1 officers
• 1 mortgage
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (71 events)Click to expand

2026-03-16
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-03-09
📄
mortgage-satisfy-charge-full
mortgage · MR04
2026-03-09
🔓
Charge satisfied #3
2026-03-04
➕
VIAN, Paul Thomas appointed
director
2025-07-04
📄
accounts-with-accounts-type-full
accounts · AA
2025-03-31
➖
RUDMAN, James William resigned
director
2025-03-31
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-02-26
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-11-27
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2024-11-26
➕
LEAK, Adam John appointed
secretary
2024-08-30
📄
accounts-with-accounts-type-full
accounts · AA
2024-07-04
➖
BILLING, Davinder resigned
secretary
2024-07-04
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2024-02-28
📄
change-account-reference-date-company-current-shortened
accounts · AA01
2024-02-23
📄
accounts-with-accounts-type-full
accounts · AA
2023-11-09
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2023-11-09
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-11-09
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-11-09
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-11-09
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-11-09
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-11-09
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-11-09
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-11-09
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-11-09
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-11-09
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-11-09
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-11-09
🔓
Charge satisfied #1
2023-11-01
➕
HALL, Oliver Joseph appointed
director
2023-11-01
➕
KIRK, Alan Charles Robinson appointed
director
2023-11-01
➕
TAYLOR, David appointed
director
2023-11-01
➕
TREVOR, Ivan James appointed
director
2023-11-01
➕
BILLING, Davinder appointed
secretary
2023-11-01
➖
AITKEN, Brian resigned
director
2023-11-01
➖
BUCHAN, Ian Andrew John resigned
director
2023-11-01
➖
KERR, Gordon William resigned
director
2023-11-01
➖
MOORE, Paul Adam resigned
director
2023-11-01
➖
MUIRIE, Brian resigned
director
2023-11-01
➖
PIRRIE, James Mcnab resigned
director
2023-11-01
➖
PIRRIE, John Syme resigned
director
2023-11-01
➕
RUDMAN, James William appointed
director
2022-09-05
➖
OATES, James David resigned
director
2022-01-24
➕
KERR, Gordon William appointed
director
2022-01-24
➖
MYERS, Paul Frederick resigned
director
2022-01-24
➕
OATES, James David appointed
director
2020-05-01
🔒
Charge registered #3
Lender: Santander UK PLC
2019-09-01
➕
MYERS, Paul Frederick appointed
director
2016-12-01
🔓
Charge satisfied #2
2014-11-30
➖
MALCOLMSON, Pat resigned
director
2014-09-25
➖
BELL, David Robert resigned
director

Showing most recent 50 of 71 events

Owner dependency

48/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

40/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Flogas Britain Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Flogas Britain Limited

Corporate parent · holds 75-100% shares

ultimate parent

⬇

DIESELEC THISTLE GENERATORS LIMITED

This company · SC269766

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Flogas Britain Limited Corporate entity	75–100%	—	75-100% shares	06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

Similar companies

Active · Manufacturing · G postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
CLYDESDALE ENGINEERS LIMITED→ SC045465 · est 1968 · no financials extracted	—	—	—	—	58y	—	—
CLYDEVIEW INDUSTRIAL LIMITED→ SC499416 · est 2015 · no financials extracted	—	—	—	—	11y	—	—
CMC CLIMATE LTD→ SC686385 · est 2021 · no financials extracted	—	—	—	—	5y	—	—
CMR ROBERTSON LTD→ SC826662 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
COASTAL DECOR LTD→ SC803013 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
COEVAL LIMITED→ SC103497 · est 1987 · no financials extracted	—	—	—	—	39y	—	—
COHEN ALLOYS LTD.→ SC190210 · est 1998 · no financials extracted	—	—	—	—	27y	—	—
COLOR ON SET LTD→ SC882798 · est 2026 · no financials extracted	—	—	—	—	—	—	—
COMMERCIAL TRANSMISSION SERVICES LTD.→ SC088922 · est 1984 · no financials extracted	—	—	—	—	41y	—	—
COMMUTAPORTS LIMITED→ SC113131 · est 1988 · no financials extracted	—	—	—	—	37y	—	—
CONCEPT 33 LTD.→ SC368363 · est 2009 · no financials extracted	—	—	—	—	16y	—	—
CONCORD COPYING (1995) LIMITED→ SC157758 · est 1995 · no financials extracted	—	—	—	—	30y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

6 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →

🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive

Typeltd

Incorporated2004-06-24

Jurisdictionscotland

Primary SIC33200 — SIC 33200

Registered office

Cadder House 160 Clober Road

Milngavie

Glasgow

G62 7LW

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-01-27

Last: 2026-01-13