Veritone Uk Ltd.

Veritone Uk Ltd is a small, active company based in London, UK, founded seven years ago in 2017. With £88,129 in assets and a virtual address, it employs twelve people and is overseen by four directors, although no owners are officially listed. The company irregularly imports clothing and accessories made by knitting or crocheting, with just one month of import activity recorded as of August 2024.

The company operates in the data processing, hosting, and related activities industries. Its website highlights Veritone’s enterprise AI solutions, designed to empower people and businesses. It focuses on asset management, public safety, talent acquisition, and healthcare, offering tools for media content analysis, digital evidence management, and AI-powered hiring. The site also mentions partnerships with companies like CBS News and Amazon Web Services, and participation in industry events like NAB Show.

Financially, Veritone Uk Ltd shows a mixed picture. Current assets have decreased by 46% to £88,000, while net assets have dramatically fallen by 590% to -£530,000. Bank borrowings have increased, and cash reserves have decreased. Creditors have also increased significantly. 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 agility, but the sharp equity decline raises concerns. The company is exempt from an audit as a small company, so the figures are unaudited.

The company's irregular import activity and reliance on virtual address suggest a streamlined operation, but the financial results indicate potential challenges. Whether Veritone Uk Ltd can sustain its growth and navigate these financial pressures remains to be seen.

Registered in England/Wales under the registration number 10993647, with a registered address at E14 5HU, United Kingdom, London, C/O Corporation Service Company (Uk) Limited, 5 Churchill Place, 10th Floor.

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