How it all Began
Veruth Holdings was founded in 1936 as a manufacturing business called British Physical Laboratories (BPL). Growing at a steady pace during the 1950s and 1960s BPL became one of the most successful businesses in its sector with over 250 employees. Two divisions of the company were sold off in the 1970s to large multinational companies. The company later re-formed owning 100% of Europa Components. In 1991 David Sheridan became the Chairman of Veruth following the death of his father Dr. Vernon Sheridan (founder of BPL) and the company was split into a separate entity.
The company was named Veruth by David Sheridan as a tribute and suitable reminder of his parents, combining both of their names. Veruth Holdings continues to flourish recognising the importance of long-term investment in innovative businesses and solutions. 12 years ago, in the partnership with Bedfordshire Chamber of Commerce, Veruth set up an annual bursary scheme providing grants to talented engineering students in Luton.
Supporting Young People
Since 2011 Veruth Holdings has awarded a bursary of £5,000 per year to a local Luton student who is going on to a British University to study any form of Engineering. This is done in conjunction with the Bedfordshire Chamber of Commerce. Four judges are involved in assessing each submission. Veruth takes an active role in the local community and wants to ensure that it helps support the aspirations of future generations. As the history of Veruth started with engineering it seems only fitting that the importance of engineering is continued to be recognised by the company.
Veruth are proud to be able to support the education of Luton students and wish those who have benefitted from the bursary all the success in their future careers.
Our Commitment to the Environment
Veruth takes it’s wider responsibilities as company seriously and works closely with the companies it invests in to consider the environmental impact of the work that they do. It is a requirement of annual Directors Reports that sustainability and environmental impact is included.
To support putting our commitment into action, Veruth Holdings are pleased to donate monthly to the Woodland Trust to support the creation, protection and restoration of UK Woodland.