Vreo Innovation Limited

Vreo Innovation Ltd, based in Seaton Delaval, UK, is a small, active company founded nine years ago. With three employees and £273,380 in assets, it operates from a real address and is overseen by two directors and owners. The company is a regular importer of electrical machinery and equipment, with 42 months of import activity recorded, the latest in February 2025. It’s also an irregular exporter, with just two months of export activity noted, the last in August 2022.

The company’s website, Vreo Innovation, focuses on vehicle recognition and electro-optics technology. It showcases three core products: VREO Edge (ANPR cameras), VREO Volt (EV bay monitoring), and VREO Nexus (power and communications solutions). The website emphasizes its mission to lead in creating innovative imaging solutions, pushing the boundaries of AI-driven technology. It caters to parking and traffic management sectors, inviting customers to evaluate its cameras in challenging environments.

Financially, Vreo Innovation Ltd presents a mixed picture. While current assets grew by 11% to £270,000, net assets increased by 9% to £130,000. Bank borrowings, however, decreased significantly by 55% to £18,000, and cash reserves fell by 3.3% to £20,000. Creditors also decreased by 55% to £18,000, suggesting improved debt management. 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 decrease in cash reserves warrants attention. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s focus on specialized technology and its small, dedicated team suggest a nimble operation, but the financial data indicates a need to carefully manage cash flow and maintain a strong customer base to sustain growth.

Registered in England/Wales under the registration number 09681573, with a registered address at NE25 0PP, United Kingdom, Seaton Delaval, Northumberland, 6 Double Row, 6 Double Row.

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