Vision Intelligence Limited

  • Small
  • Active
  • 4 years
  • 4 employees
  • £69,854 (assets)
  • Virtual address
  • 4 directors
  • 2 owners
  • Irregular importer

Field of Operation

Business and domestic software development
62012 91209 companies

Social media

Summary

Vision Intelligence Limited is a small, active company based in Loughborough, UK, established four years ago in 2020. It employs just four people and holds £69,854 in assets, operating from a virtual address shared by twenty-nine other companies. The company has four directors and two owners, though the list of owners changed eight months ago. It's an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances; parts, with its last import operation recorded two months ago in September 2024.

The company’s website highlights its focus on transforming manufacturing productivity through AI-powered vision, branded as "Violet AI." It targets manufacturers looking to supercharge manual assembly lines, offering solutions for skill development, compliance, and quality control. The site emphasizes real-time quality checks, traceability, and leveraging human experience to reduce industrial waste. It’s a B2B operation, offering software and services rather than physical products, with a focus on assembly line optimization.

Financially, Vision Intelligence Limited shows a concerning trend. Current assets have plummeted by 67%, dropping to £70,000, while net assets have fallen dramatically, resulting in a negative figure of -£53,000. Cash reserves have also shrunk by 90%, leaving just £12,000. Trade debtors have increased by 220%, suggesting potential issues with customer payments, and creditors have risen by 55%. While 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, the significant decline in equity and cash raises concerns about its financial health. The company’s lack of an auditor (likely exempt as a small company) means the figures are unaudited.

Overall, Vision Intelligence Limited appears to be burning through cash, despite its innovative AI-powered solutions. The company's future hinges on its ability to secure new contracts and manage its finances effectively.

Registered in England/Wales under the registration number 12770927, with a registered address at LE11 1JR, England, Loughborough, Leicestershire, 42 Glebe Street.

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

Owners & PSC

  • 4 years
  • 13
  • 25%+
  • 4 years
  • 2
  • 25%+

Managers

Company director
  • 4 years
  • 13
Director
  • 4 years
  • 1
Director
  • 4 years
  • 7
Secretary

Last reports

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Last news

  1. Total exemption full accounts made up to 2024-07-31
  2. Termination of appointment of Wae Hoa Jonathan Mak as a director on 2024-08-31
  3. Cessation of Wae Hoa Jonathan Mak as a person with significant control on 2024-08-31
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Importer profile by HS codes

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Last imported products

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