Local Generation Limited

Local Generation Limited, based in Gainsborough, UK, is a sizable holding company with an active status, having been established sixteen years ago. The company employs twenty-one people and holds assets worth £3,713,913, generating a yearly revenue of £11,136,105. It has three directors, one owner, and boasts a perfect 5.0 Google rating based on three reviews. The company is an irregular importer of machinery, boilers, and mechanical appliances, with its last import operation occurring one month ago.

Local Generation Limited operates within the production of electricity industries and owns a company called Biocow Environmental Services Limited. The company’s address is real, with only seven companies registered at the same address. It’s a large company as it met two conditions of three: turnover more than £36 million, balance sheet more than £18 million, employees more than 250. The company’s last reported current assets are £3,713,913, and the revenue is £11,136,105.

The company’s website details a network of anaerobic digestion sites across the UK, providing commercial food waste recycling, oil and fats recycling, and animal byproduct disposal services. It caters to local authorities and the commercial sector, emphasizing sustainable and economical solutions. The site also highlights case studies involving market-leading nutraceutical suppliers and innovative food waste disposal for egg specialists. The company’s latest news includes updates on Food Waste Action Week and discussions on boosting brand value in the pet food industry.

Financially, Local Generation Limited shows some concerning trends. Accrued liabilities and deferred income have increased significantly, by 160%, to £680,000. The company’s net assets have decreased by 33%, to £5,600,000. Bank borrowings have also increased, by 200%, to £100,000. While these numbers are concerning, the company’s reliance on funds provided by GVO B-1 Limited, its 76% shareholder, provides some reassurance. The ultimate parent has provided a letter of support, allowing it to make available funds as needed. Despite these financial pressures, the directors have a reasonable expectation that the company can continue in operational existence for the foreseeable future. The company’s auditor is Ryecroft Glenton.

Registered in England/Wales under the registration number 06606245, with a registered address at DN21 5TU, England, Gainsborough, Control Tower Hemswell Cliff Industrial Estate, Hemswell Cliff.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.