Verif-i Sg Ltd

Verif I Sg Ltd, based in Reading, UK, is a small, active company founded seven years ago in 2018. With five employees and £833,009 in assets, it operates from a virtual address – twenty-seven companies are registered at the same location, which is unusual. The company has four directors and two owners, though the list of owners changed six years ago.

The business primarily exports optical and medical tools and devices, with fourteen months of export activity recorded, the last in February 2025. It also imports electrical machinery and equipment, but only for a single month in 2020. Verif I Sg Ltd operates within the technical testing and analysis industries, offering consultancy, auditing, and software solutions. Its website highlights a focus on quality control for seismic data, serving major oil and gas producers and manufacturers worldwide. It even offers training and technical bulletins.

Financially, Verif I Sg Ltd shows a mixed picture. Cash bank increased dramatically by 240% to £180,000, which is good news. However, net assets decreased by 6.2% to £570,000. Creditors increased by 32%, and trade debtors decreased by 30%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility. The increase in bank borrowings and decrease in cash reserves could indicate the company is investing in growth, but it’s something to keep an eye on. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited. The company’s parent entity is SGV Holding LLC, a company incorporated in the United States of America.

Registered in England/Wales under the registration number 11269190, with a registered address at RG4 5AP, England, Reading, Chiltern House Marsack Street, Caversham.

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