BURE VALLEY GROUP 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

  -44.8%

  £37,442,189 → £20,682,528

• Cash

  -66.9%

  £9,522,309 → £3,155,943

• Net assets

  +96%

  £21,639,275 → £42,416,603

  highest in 3 filed years

• Employees

  +1,000%

  1 → 11

  highest in 4 filed years

• Operating profit

  -313.9%

  -£3,729,696 → -£15,439,050

• Profit before tax

  -317.6%

  -£3,695,292 → -£15,432,209

• Wages

  +1,173.6%

  £76,324 → £972,034

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.

1. BURE VALLEY GROUP LIMITED 2018-04-07 → present
2. BURE VALLEY TRADING LIMITED 2017-09-07 → 2018-04-07
3. A H M ACCOUNTANCY LIMITED 2014-05-20 → 2017-09-07
4. PROJECT MANAGEMENT, BUSINESS AND IT SERVICES LTD 2010-09-15 → 2014-05-20

Accounting basis

FRS 102

Reporting scope

Consolidated group

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

BKL Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. The group reported net assets of £42,416,603 (2023: £21,639,275) despite incurring a total loss for the year of £15,366,604 (2023: £4,835,017). Management has prepared detailed cash flow forecasts to support the going concern assumption. These forecasts indicate that the parent company and group have sufficient cash resources to meet its liabilities as they fall due for a period of at least twelve months from the date of approval of these financial statements. Accordingly, the directors consider it appropriate to prepare the financial statements on a going concern basis.”

Group structure

1. BURE VALLEY GROUP LIMITED · parent
   1. Nexgen Cloud Limited 72.41% · England and Wales
   2. NGVP Cloud FIL SPV 1 Ltd 41.22% · England and Wales
   3. NGVP Cloud FIL SPV 1 Ltd 26.22% · England and Wales
   4. NGVP Cloud Ltd 60.34% · England and Wales
   5. NGVP Cloud Ltd 12.07% · England and Wales
   6. Infrahub Compute Ltd 72.41% · England and Wales

Significant events

• “To address these challenges and support future growth, the group successfully completed a Series A funding round, raising £35 million through its subsidiary, NexGen Cloud Limited. This capital injection strengthens the balance sheet, with net assets increasing to £42.4 million (2023: £21.6 million), and positions the business to resume hardware sales and expand operations in the coming periods.”
• “During the year, the entity terminated its data centre contract, which had a remaining commitment of £30,282,516. A one-off termination expense of £3,168,879, included within cost of sales, was incurred in respect of this contract.”

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

Filings

5

last 12 months

Capital events

4

last 24 months

Officers appointed

0

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.