NEXGEN CLOUD LIMITED

• ⚠

  Confirmation statement overdue

  Due 2026-04-28.

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -40.7%

  £33,042,701 → £19,583,001

• Cash

  -74.3%

  £12,119,875 → £3,115,631

• Net assets

  +98.8%

  £26,072,359 → £51,842,919

  highest in 4 filed years

• Employees

  +1,000%

  1 → 11

  highest in 5 filed years

• Operating profit

  -3,549.2%

  £392,066 → -£13,523,157

• Profit before tax

  -375.4%

  -£4,085,905 → -£19,423,124

• Wages

  +1,401.5%

  £70,022 → £1,051,397

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

BKL Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. The company reported net assets of $51,482,919 (2024: $26,072,359 as restated) despite incurring a loss for the year of $19,083,124 (2024: $4,425,905 as restated ). Management has prepared detailed cash flow forecasts and performed a review to support the going concern assumption. These forecasts indicate that the company has 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. NEXGEN CLOUD LIMITED · parent
   1. NGVP Cloud FIL SPV 1 Ltd 100%
   2. NGVP Cloud FIL SPV 1 Ltd 84.09%
   3. NGVP Cloud Ltd 100%
   4. NGVP Cloud Ltd 100%
   5. Infrahub Compute Ltd 100%

Significant events

• “To address these challenges and support future growth, the company successfully completed a Series A funding round, raising $45 million. This capital injection strengthens the balance sheet, with net assets increasing to $51.8 million (2023: $26.1 million), and positions the business to resume hardware sales and expand operations in the coming periods.”

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

Filings

17

last 12 months

Capital events

7

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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