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Diesel Traction Group

173 bytes added, 2 March
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DTG Limited now dormant. Number of shareholdings added
==Structure==
DTG Limited is a private limited company number 05012555 incorporated on 12 January 2004.<ref>[https://beta.companieshouse.gov.uk/company/06524306 Companies House] (retrieved 5 January 2017)</ref> DTG Limited oversees the running of [[BR Class 52 D1015 Western Champion | D1015 Western Champion]]. To allow the DTG Membership to operate in today's financially demanding world it formed a wholly owned trading subsidiary, DTG Trading Limited.<ref>Financial Statements for the year ending 31 December 2015</ref> <ref>[http://www.westernchampion.co.uk/about.php 'About Us'group is by purchasing shares, DTG website] (Retrieved 17 November 2018)</ref> DTG Trading Limited is a shareholder in [[Severn Valley Railway (Holdings) PLC#Notable_shareholdings|SVR(H)]]when they become available.
Membership to the group DTG Limited is by purchasing shares, when they become available, in a locomotivedormant private limited company number 05012555 incorporated on 12 January 2004.<ref>[https://beta.companieshouse.gov.uk/company/06524306 Companies House] (retrieved 2 March 2024)</ref> DTG Limited oversees the running of [[BR Class 52 D1015 Western Champion | D1015 Western Champion]]. The group therefore has a very low turnover of membersDTG Limited confirmation statement made on 12 January 2024 shows 120 private shareholders. It operates a non-profit system whereby should a locomotive later be sold the member is returned only the face value of their original share, meaning there is a low turnover of members. Although the Group refers to shares in a locomotive, there is a single register of shareholders. In January 2017 the Group offered new shares to raise funds for a replacement engine for [[BR Class 52 D1015 Western Champion | D1015 Western Champion]].<ref>SVRLive</ref> This was successful and the appeal closed the following month.<ref>[http://www.westernchampion.co.uk/index.php D1015 ENGINE APPEAL - update 11th February, DTG website] (retrieved 30 March 2017)</ref> DTG Trading Limited was incorporated on 5 March 2008. The Group state it was formed as a wholly owned trading subsidiary.<ref>Financial Statements for the year ending 31 December 2015</ref><ref>[http://www.westernchampion.co.uk/about.php 'About Us', DTG website] (Retrieved 17 November 2018)</ref> DTG Trading Limited is a shareholder in both [[Severn Valley Railway (Holdings) PLC#Notable_shareholdings|SVR(H)]] and DTG Limited.
==Locomotives==
*[[BR Class 52 D1015 Western Champion]]
Before they became resident, D8568 and D1015 periodically visited the SVR for [[Diesel Locomotives visiting the SVR for galas | Diesel Galas]] or attention from the DTG Engineering Staffengineering staff.
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==Links==
[http://www.westernchampion.co.uk/index.php DTG Web site]<br>
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