PURE DATA CENTRES GROUP LIMITED
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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
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
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Name history
Renamed 1 time since incorporation
- PURE DATA CENTRES GROUP LIMITED 2015-07-24 → present
- GLOBAL DATA CENTRES LTD 2013-02-21 → 2015-07-24
Net assets
2-year trend · vs Technology median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| 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 | 292 | 272 | |
| 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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -214.9% | -120.2% | |
| Net margin | -565.3% | -336.2% | |
| Gearing (liabilities / total assets) | 106.3% | 115.9% | |
| Current ratio | 1.74x | 1.09x | |
| 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
- PURE DATA CENTRES GROUP LIMITED · parent
- PDCG (JKT HoldCo) Limited 75%
- PDCG (UK) Limited 100%
- PDCG (Project Management) Limited 100%
- Pure DC (Africa) Limited 100%
- Pure DC (Europe) Limited 100%
- Pure DC (India) Limited 100%
- Pure DC (Middle East) Limited 100%
- PDCG (UK) H2 Limited 100%
- PDCG (Operations) Limited 100%
- Pure M Nominee Co Limited 100%
- Pure Data Centres Group (Americas) LLC 100%
- A Healthier Earth Limited 100%
- PDCG (Group Services) Limited 100%
- PDCG Projects Midco Holding Limited 95%
- PDCG Real Estate Lease and Management Services - Sole Proprietorship LLC 95%
- PDCG (JKT MidCo 1) Limited 75%
- PDCG (JKT MidCo 2) Limited 75%
- PT PDCG Indonesia One 75%
- PT PDCG Indonesia Two 75%
- HPDC1 (India) Limited 100%
- PDC Saudi Arabia LLC 100%
- PDCG (Ireland) Limited 100%
- PDCG Middle East FZE 100%
- Pure DC (South Africa) Pty Limited 100%
- Pure Saudi Arabia LLC 100%
- PDCG (GCC) H1 Limited 100%
- PDCG (UK1) Services Limited 100%
- PDCG (UK2) Limited 100%
- KRA B Investments Limited 100%
- KRA Holdings Limited 100%
- Pure DC Holdco 4 Limited 100%
- Pure DC Limited 100%
- Blakeway Weyburn Advisory Ltd 100%
- Pure DC (Poland) z.o.o. 100%
- PDCG (Ireland HoldCo) Limited 100%
- South Dublin Routing 4 Limited 100%
- South Dublin Routing 4 No. 2 Limited 100%
- Pure DC Holdco 5 Ltd 100%
- Pure DC Holdco 6 Ltd 100%
- Pure DC Holdco 7 Ltd 100%
- PDCG AHE 1 (Projects) Ltd 100%
- Pure DC (MAD01 Projects), S.L.U 100%
- PDCG (JKT02 Holdco) Limited 100%
- PDCG (JKT02 MidCo 1) Limited 100%
- PDCG (JKT02 MidCo 2) Limited 100%
- PT PUREDC Projects Indonesia 100%
- PT PUREDC Services Indonesia 100%
- Eringtod Limited 100%
- Pure DC Holdco 8 Limited 100%
- Pure DC (Holdco 9) Limited 100%
- Pure DC (Bio01) Limited 100%
- ShelCo 294 Oy 100%
Significant events
- “Achieved zero waste to landfill certification for the first and second time in our Jakarta and London data centres respectively, referencing the UL 2799A methodology.”
- “Dublin data centre entering the EU Emission Trading Scheme (ETS), aligning emissions and climate change commitments with ETS requirements.”
- “AHE partnered with the Blenheim Estate to support its tree planting goals as part of the ForestFactory® initiative, using innovative farming technologies.”
- “Continued investing in a food forest program in Indonesia, (West Sumatra Province), which restores degraded land using agroforestry species.”
- “Achieved the highest score for SMEs, "B", under the Carbon Disclosure Project ("CDP") framework.”
- “Achieved a Silver rating in EcoVadis, moving from the 84th percentile to the 91st percentile in our industry group.”
- “In 2024 CSR activity included supporting tree planting initiatives in the UAE and the UK, specifically targeting indigenous species to the local areas.”
- “Following the year end, the Abu Dhabi data centre became operational with the first data hall complete and handed over to the hyperscale customer on time. The site will provide 45MW of capability overall.”
- “On 24 March 2025, the Group entered a 50:50 joint venture agreement with SEGRO plc to create a c.£1bn data centre in London's Park Royal. The Group will contribute 70MVA of secured power to enable delivery of a 56MW IT load data centre. Both parties are expected to each retain a 50 per cent share in the project through to completion.”
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 | |
| 2026-02-20 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-14 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-14 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-07 | CH01 | officers | Change person director company with change date | |
| 2025-09-09 | TM01 | officers | Termination director company with name termination date | |
| 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 | |
| 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 | |
| 2025-01-14 | SH01 | capital | Capital allotment shares | |
| 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
- Capital events
- 9
- Officers appointed
- 0
- Officers resigned
- 4
last 12 months
last 24 months
last 12 months
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
-
Turnover
+108.6%
£19,880,318 £41,467,465
-
Cash
-36.9%
£46,544,770 £29,359,518
-
Net assets
-222.1%
-£66,226,119 -£213,341,997
-
Employees
-6.8%
292 272
-
Operating profit
-16.7%
-£42,718,505 -£49,861,222
-
Profit before tax
-23.1%
-£112,714,842 -£138,755,533
-
Wages
+0.3%
£38,481,775 £38,609,393
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