Vertical Future Limited

Vertical Future Ltd, a small, active company based in London, UK, was founded eight years ago in 2016. With 46 employees and £12,221,451 in assets, it operates from a real address and is overseen by five directors and one owner. The company regularly imports and exports electrical machinery and equipment, with 8 months of import activity and 3 months of export activity recorded.

Vertical Future is a global Controlled Environment Agriculture (CEA) technology and data company. It designs, manufactures, and builds autonomous vertical farms, encompassing proprietary hardware and software. Their solutions aren’t just for food; they can also be used for carbon sequestration, tree nurseries, and climate tech. The company is recognised as a market leader for positive change and innovation, even ranking first globally in technology according to the FoodTech 500. Their mission is to improve planetary human health by enabling more efficient crop production.

The company’s website highlights its focus on full automation, energy efficiency, and software integration. They offer services ranging from technology development and consulting to operations management and crop science. They target startups, food brands, pharma/biotech companies, indoor growers, retailers, and farmers, all seeking to improve efficiency and sustainability. They even boast a UK Space Agency-funded project advancing autonomous agriculture.

Financially, Vertical Future shows some interesting trends. Accumulated development costs capitalised development expenditure increased by 120%, while depreciation on plant machinery rose by 120%. However, cash bank on hand decreased by 2.9% to £4,600,000. Creditors increased by 4.9% to £1,600,000, and current assets dropped by 13% to £12,000,000. Perhaps most notably, net losses grew substantially, increasing by 110% to -£19,000,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the large net loss raises concerns. The company is not audited, so the figures are unaudited.

Registered in England/Wales under the registration number 10379325, with a registered address at SE8 4SA, England, London, 3 Creekside.

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