Veracode Ltd

Veracode Ltd, based in Bristol, UK, is a large, active company founded fifteen years ago in 2010. Employing seventy-three people, it holds £3,873,287 in assets and generates £12,392,704 in yearly revenue. While registered at a physical address, seventy-two other companies share the same space, suggesting a virtual address. The company is owned by two individuals and managed by two directors, with a change in the director list occurring five months ago.

Veracode specializes in application security, offering a range of products and services to help businesses secure their software. Its website highlights solutions for unified visibility, AI-powered remediation, SAST (Static Application Security Testing), DAST (Dynamic Application Security Testing), and container security. The company also provides training, security labs, and a developer community to support its customers. It appears to be a B2B operation, with a strong focus on enterprise clients.

Financially, Veracode’s numbers show some interesting trends. While turnover remained steady, net assets increased by 15% to £3.4 million. However, bank borrowings jumped significantly by 25% to £2.9 million, and cash reserves decreased by 32% to £300,000. Creditors also increased by 10% to £760,000. The company's average number of employees increased slightly by 2.7%, from 73 to 75. These figures suggest the company is investing in growth, but also relying on external financing. The lack of auditor information implies the company is exempt from an audit, so the figures are unaudited.

The company regularly imports machinery, boilers, and mechanical appliances, parts, with the last import operation occurring in August 2024. It also exports the same items, with the last export operation taking place in January 2025. The company’s success hinges on its ability to adapt to the evolving landscape of application security and continue providing valuable solutions to its clients.

Registered in England/Wales under the registration number 07217991, with a registered address at BS1 6FL, United Kingdom, 10 Temple Back, Bristol, Suite 2 First Floor.

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