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Company No. SC269766 · Incorporated 24 Jun 2004

Dieselec Thistle Generators Limited

Registered name: DIESELEC THISTLE GENERATORS LIMITED

Part of Dcc Public Limited Company group

Dieselec Thistle Generators Limited made £29.5m revenue and £1.1m profit in the year to 31 Mar 2026. read from filing text

Dieselec Thistle Generators Limited’s revenue fell 8% to £29.5m in the year to 31 Mar 2026, with £1.1m profit and 103 employees. The company is classified under “installation of industrial machinery and equipment” and is based in Glasgow; we hold 5 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 33200Installation of industrial machinery and equipment
Status
Active
Location
Glasgow, Scotland
Age
22 yrs · since 2004
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The directors regard DCC plc, a company registered in the Republic of Ireland, as the ultimate parent company. The smallest and largest group of undertakings which the company is consolidated for whic”

Latest accounts · year to 31 Mar 2026

Key figures

Revenue
£29.5m
Growth ▼7.9%
Profit
£1.1m
Growth ▼33%
Profit margin
3.9%
Gross 30%
Employees
103
Change 0%
Profit / employee
£11.1k
Revenue/employee £286k
Profitable streak
4yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to30 Jun 202230 Jun 202331 Mar 202431 Mar 202531 Mar 2026
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£16.9m£26.5m£18m£32.1m£29.5m
Cost of sales£13m£19.5m£13.9m£22.9m£20.7m
Gross profit£4m£7m£4.1m£9.1m£8.9m
Operating profit−£459k£2.3m£354k£2.3m£1.7m
Profit before tax−£472k£2.3m£405k£2.3m£1.6m
Profit after tax−£117k£2.1m£297k£1.7m£1.1m
Profit (best available)−£117k£2.1m£297k£1.7m£1.1m
Staff costs£4.4m£4.6m£5m£6.3m£6.4m
Employees (average)878197103103
Ratios
Profit margin−0.7%7.8%1.7%5.3%3.9%
Gross margin23.3%26.6%22.7%28.5%30%
Revenue per employee£195k£327k£185k£311k£286k
Profit per employee−£1.3k£25.6k£3.1k£16.5k£11.1k
Growth (year on year)
Revenue growth—▲56.6%——▼7.9%
Profit growth————▼33%
Headcount growth—▼6.9%——0%
Balance sheet — indirect signals, not revenue
Cash at bank£1.8m£3.3m£2.3m£6.8m£1.3m
Net assets£3.3m£4.9m£5.2m£4.8m£6m
Fixed assets£656k£706k£694k£511k£4.4m
Current assets£7.8m£14m£18m£15.7m£30.7m
Debtors£2.4m£3.8m£6.2m£3.7m£13.5m
Deferred income£1.9m£4.9m£7.2m£7.1m£16.8m
SourceFullAccounts · bulk data Feb 2024FullAccounts · bulk data Feb 2024FullAccounts · bulk data Aug 2024FullAccounts · bulk data Jul 2025FullAccounts · bulk data Jul 2026
Derived from the latest filing

How the business works

Profit margin
3.9%
Profit ÷ revenue.
Gross margin
30%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£286k
Revenue ÷ average employees.
Profit per employee
£11.1k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
14.9%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
56.9%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
45.8%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
▲24%
Now £6m
Cash at bank
▼81%
Now £1.3m
Headcount
0%
Now 103
Deferred income
▲137%
Now £16.8m
Fixed assets
▲760%
Now £4.4m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Dcc Public Limited Company (registered outside the UK register)ultimate parent75–100%
  2. DCC Limited75–100%
  3. DCC Energy UK Limited75–100%
  4. Flogas Britain Limited75–100%
  5. Dieselec Thistle Generators Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

Sister companies (9)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £1.1m), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.