PURO VENTURES LIMITED

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

• Turnover

  +6.2%

  £56,556,825 → £60,040,445

  highest in 3 filed years

• Cash

  -19.3%

  £755,766 → £610,013

  lowest in 4 filed years

• Net assets

  +5.7%

  £6,066,717 → £6,410,148

• Employees

  +14.4%

  139 → 159

  highest in 4 filed years

• Operating profit

  -81.9%

  £873,070 → £157,962

  lowest in 3 filed years

• Profit before tax

  -92.1%

  £803,534 → £63,428

  lowest in 4 filed years

• Wages

  +9.2%

  £5,014,888 → £5,474,655

  highest in 4 filed years

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Azets Audit Services

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. PURO VENTURES LIMITED · parent
   1. Speedy Freight Limited 100% · United Kingdom

Significant events

• “The year ended 30 November 2024 has been another year of significant investment in development of new technology and new services for Puro Ventures.”
• “The ongoing significant investment being made is putting us in a strong position for future growth and will allow us to scale rapidly on our parcels and fulfilment offering, as well as underpinning the ongoing growth in our core freight business. This investment has allowed our franchise network to grow 10% in the year and the managed office estate to grow at 21% in the year against a tough market environment.”
• “In addition, we have broadened the sales offering, and both parcels which is growing quickly and will be ready to franchise in early 2025. Fulfilment services are growing out as the proposition develops. The technology development road map for 2025 is fully formed and will ensure a secure infrastructure is in place for the continued growth of Puro.”
• “This year also saw us invest further in the people development of Puro, we have not only brought on board a now CFO and a new HR Director but also building out a people first plan. We commenced a graduate training programme and welcomed 4 new graduate trainees to Puro in the year as part of a 2-year training programme.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

0

last 12 months

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