Utterberry Ltd

Utterberry Ltd from London UK: a small, active company founded eleven years ago, employs eleven people, and holds £7,331,935 in assets. It operates from a virtual address, is led by one director and one owner, and irregularly imports electrical machinery and equipment—just one month’s worth of imports recorded back in 2019.

The company’s focus is on developing artificially intelligent wireless sensor systems for smart cities. Utterberry’s system comprises miniature, AI-powered sensors that monitor the environment, communicating via a separate base station and a secure online portal, UtterBerry.io. These sensors find applications in sectors like tunnelling, medicine, events, security, and construction, offering precise monitoring with a small physical presence. The company has locations in London and Leeds, and emphasizes its commitment to innovation and British engineering.

Financially, Utterberry Ltd presents a mixed picture. Current assets have decreased by a significant 32%, falling to £7,300,000. Bank borrowings have also decreased, though, by 7.7%, to £230,000. However, net assets have fallen by 4.6% to £9,200,000. A notable increase is seen in average employees, jumping 64% to eighteen, suggesting expansion. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decrease in assets warrants attention. With no auditor mentioned, the figures are unaudited.

Overall, Utterberry Ltd appears to be navigating a period of change. While its innovative sensor technology shows promise, the financial data suggests a need to carefully manage resources and maintain a focus on growth.

Registered in England/Wales under the registration number 08819286, with a registered address at EC1V 2NX, England, London, 124 City Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.