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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2027-02-14 (in 9mo)

Last made up 2026-01-31

Watchouts

1 item

Cash

£29M

-36.9% vs 2023

Net assets

-£213M

-222.1% vs 2023

Employees

272

-6.8% vs 2023

Profit before tax

-£139M

-23.1% vs 2023

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Name history

Renamed 1 time since incorporation

  1. PURE DATA CENTRES GROUP LIMITED 2015-07-24 → present
  2. GLOBAL DATA CENTRES LTD 2013-02-21 → 2015-07-24

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £19,880,318£41,467,465
Operating profit -£42,718,505-£49,861,222
Profit before tax -£112,714,842-£138,755,533
Net profit -£112,389,026-£139,428,563
Cash £46,544,770£29,359,518
Total assets less current liabilities
Net assets -£66,226,119-£213,341,997
Equity -£66,226,119-£213,341,997
Average employees 292272
Wages £38,481,775£38,609,393

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-31
Operating margin -214.9%-120.2%
Net margin -565.3%-336.2%
Gearing (liabilities / total assets) 106.3%115.9%
Current ratio 1.74x1.09x
Interest cover -0.55x-0.48x

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.

Audit & accounting basis

Accounting basis
UK-adopted IFRS
Reporting scope
Consolidated group
Auditor
KPMG LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Notwithstanding a loss for the year of £139.4m (2023: £112.4m loss), the financial statements, have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons: As at 31 December 2024, the Group had net liabilities of £213.3m (2023: net liabilities of £66.2m), net current assets of £7.0m (2023: £38.1m), a net cash balance of £29.4m (2023: £46.5m) and committed unutilised bank facilities of £314.4m (2023: £249.3m). The directors have prepared an annual forecast for financial years ending 31 December 2025 and 2026, which covers a period of at least 12 months from the date of approval of these financial statements. The forecast indicates that, taking account of reasonable probable downsides, including lack of access to additional third-party debt facilities, the Group and the Company will have sufficient funds to meet their liabilities as they fall due for that period. The Company's majority shareholder, Watt EquityCo S.à.r.l. has indicated its intention to continue to provide financial support and not seek repayment of balances due for a period of at least twelve months from the date of approval of these financial statements to enable the Company to meet its liabilities as and when they fall due and enable it to continue in operational existence for the foreseeable future. As with any company placing reliance on shareholders for financial support, the directors acknowledge that there can be no certainty that this support will continue although, at the date of approval of these financial statements, they have no reason to believe that it will not do so. Consequently, the directors are confident that the Group will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

Group structure

  1. PURE DATA CENTRES GROUP LIMITED · parent
    1. PDCG (JKT HoldCo) Limited 75% · London
    2. PDCG (UK) Limited 100% · London
    3. PDCG (Project Management) Limited 100% · London
    4. Pure DC (Africa) Limited 100% · London
    5. Pure DC (Europe) Limited 100% · London
    6. Pure DC (India) Limited 100% · London
    7. Pure DC (Middle East) Limited 100% · London
    8. PDCG (UK) H2 Limited 100% · London
    9. PDCG (Operations) Limited 100% · London
    10. Pure M Nominee Co Limited 100% · London
    11. Pure Data Centres Group (Americas) LLC 100% · Newark, DE
    12. A Healthier Earth Limited 100% · London
    13. PDCG (Group Services) Limited 100% · London
    14. PDCG Projects Midco Holding Limited 95% · Abu Dhabi, UAE
    15. PDCG Real Estate Lease and Management Services - Sole Proprietorship LLC 95% · Abu Dhabi, UAE
    16. PDCG (JKT MidCo 1) Limited 75% · London
    17. PDCG (JKT MidCo 2) Limited 75% · London
    18. PT PDCG Indonesia One 75% · Jakarta, Indonesia
    19. PT PDCG Indonesia Two 75% · Jakarta, Indonesia
    20. HPDC1 (India) Limited 100% · London
    21. PDC Saudi Arabia LLC 100% · Kingdom of Saudi Arabia
    22. PDCG (Ireland) Limited 100% · Dublin, Ireland
    23. PDCG Middle East FZE 100% · Dubai
    24. Pure DC (South Africa) Pty Limited 100% · Century City, South Africa
    25. Pure Saudi Arabia LLC 100% · Riyadh, Kingdom of Saudi Arabia
    26. PDCG (GCC) H1 Limited 100% · London
    27. PDCG (UK1) Services Limited 100% · London
    28. PDCG (UK2) Limited 100% · London
    29. KRA B Investments Limited 100% · London
    30. KRA Holdings Limited 100% · London
    31. Pure DC Holdco 4 Limited 100% · London
    32. Pure DC Limited 100% · London
    33. Blakeway Weyburn Advisory Ltd 100% · London
    34. Pure DC (Poland) z.o.o. 100% · Warsaw, Poland
    35. PDCG (Ireland HoldCo) Limited 100% · Dublin, Ireland
    36. South Dublin Routing 4 Limited 100% · Dublin, Ireland
    37. South Dublin Routing 4 No. 2 Limited 100% · Dublin, Ireland
    38. Pure DC Holdco 5 Ltd 100% · London
    39. Pure DC Holdco 6 Ltd 100% · London
    40. Pure DC Holdco 7 Ltd 100% · London
    41. PDCG AHE 1 (Projects) Ltd 100% · London
    42. Pure DC (MAD01 Projects), S.L.U 100% · Madrid, Spain
    43. PDCG (JKT02 Holdco) Limited 100% · London
    44. PDCG (JKT02 MidCo 1) Limited 100% · London
    45. PDCG (JKT02 MidCo 2) Limited 100% · London
    46. PT PUREDC Projects Indonesia 100% · South Jakarta, Indonesia
    47. PT PUREDC Services Indonesia 100% · South Jakarta, Indonesia
    48. Eringtod Limited 100% · Dublin, Ireland
    49. Pure DC Holdco 8 Limited 100% · London
    50. Pure DC (Holdco 9) Limited 100% · London
    51. Pure DC (Bio01) Limited 100% · London
    52. ShelCo 294 Oy 100% · Helsinki, Finland

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

6 active · 12 resigned

Name Role Appointed Born Nationality
GRINHAM, Nicola Jane Secretary 2023-05-25
BARRON, Beau Director 2020-10-02 Aug 1981 American
CHILDS, Dawn Elizabeth Director 2021-10-19 Nov 1970 British
HORRIDGE, Giles Director 2020-10-02 Nov 1974 British
PERRIE, James Director 2023-10-18 Jul 1962 British
WHITFIELD, Ian Director 2021-04-13 Nov 1970 British
Show 12 resigned officers
Name Role Appointed Resigned
ON, Nicholas Peter Secretary 2018-11-26 2023-05-25
ATKINSON, Clive Director 2020-11-20 2023-01-27
BERRILL, Simon Philip Director 2016-10-18 2025-12-31
BLACKBURN, Charles Peter Director 2017-08-29 2019-07-24
BOSSE, Pascal Miguel Georges Director 2017-04-12 2017-08-29
CLARE, Rodney James Director 2015-11-09 2016-12-13
DAVIS, William Michael Director 2021-04-13 2025-12-31
HAMMETT, Paul Edward Director 2016-08-25 2019-09-26
HOOD, Paul Director 2016-08-25 2019-11-12
LYNCH, Martin Joseph Director 2013-02-21 2023-04-24
ON, Nicholas Peter Director 2020-10-02 2026-01-30
VENKATARAMAN, Ramesh Director 2017-04-12 2025-08-14

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Watt Equityco S.A.R.L Corporate entity Shares 75–100%, Voting 75–100% 2020-10-04 Ceased 2020-10-04
Mr Martin Lynch Individual Shares 75–100% 2016-04-06 Ceased 2020-10-04

Filing timeline

Last 20 of 166 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2025-07-30 RESOLUTIONS Resolution
  • 2025-07-29 MA Memorandum articles
Date Type Category Description
2026-02-20 CS01 confirmation-statement Confirmation statement with updates PDF
2026-02-20 TM01 officers Termination director company with name termination date PDF
2026-01-14 TM01 officers Termination director company with name termination date PDF
2026-01-14 TM01 officers Termination director company with name termination date PDF
2025-10-07 CH01 officers Change person director company with change date PDF
2025-09-09 TM01 officers Termination director company with name termination date PDF
2025-07-30 RESOLUTIONS resolution Resolution
2025-07-29 MA incorporation Memorandum articles
2025-07-22 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-07-15 SH10 capital Capital variation of rights attached to shares
2025-07-11 SH08 capital Capital name of class of shares
2025-07-02 SH08 capital Capital name of class of shares
2025-07-02 SH10 capital Capital variation of rights attached to shares
2025-06-04 AA accounts Accounts with accounts type group
2025-01-31 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-01-14 SH01 capital Capital allotment shares PDF
2024-10-27 SH08 capital Capital name of class of shares
2024-10-27 SH08 capital Capital name of class of shares
2024-10-24 SH10 capital Capital variation of rights attached to shares
2024-10-24 SH10 capital Capital variation of rights attached to shares

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
14

last 12 months

Capital events
9

last 24 months

Officers appointed
0

last 12 months

Officers resigned
4

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Official Companies House page