Veritas Commerce Group Limited

Veritas Commerce Group Limited is a small, active company based in London, UK, founded two years ago. It boasts £8,213 in assets, operates from a virtual address, and is managed by two directors and owners, representing a family business. The company meets two of three criteria to be considered small: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

The company’s website, Veritas Commerce Group, showcases a collection of handcrafted home decor products, integrating contemporary designs with traditional Rajasthani influences. It operates as an online retailer, selling items like jewelry sets and decorative boxes, with a focus on unique, elegant pieces. The site highlights a British family-owned business with Indian roots, emphasizing handcrafted quality and affordable luxury. The company also lists availability on platforms like Amazon, eBay, Etsy, Facebook, Shpock, and Google Business.

Financially, Veritas Commerce Group Limited presents a mixed picture. While current assets remain steady at £8,200, equity has declined to -£3,700, indicating accumulated losses. Cash bank on hand is a modest £800, and creditors stand at £12,000. The company’s small size helps it maintain agility, but the negative equity raises concerns. The lack of an auditor, common for small companies, means the figures are unaudited.

The company’s reliance on a virtual address and the negative equity suggest it may be a startup still finding its footing. The focus on handcrafted, imported goods, however, points to a potential niche market, and its presence on multiple online platforms indicates a desire to reach a wide customer base.

Registered in England/Wales under the registration number 14593370, with a registered address at EC1V 2NX, United Kingdom, London, 128 City Road.

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