Acme Vape Ltd

Acme Vape Ltd from Preston UK: a large company, holding company, active status, founded 9 years ago, with 176 employees, holding assets of £29,639,967, and generating a yearly revenue of £52,135,028, operates from a real address and is managed by one director and one owner. It regularly imports plastics and plastic products (43 months) and exports miscellaneous chemical products (97 months).

It’s a substantial player in the vape manufacturing sector, acting as a global white label manufacturer based in the UK. They proudly create and manufacture IVG Premium ELiquids, offering both their own brands and assisting others in creating their own. Their state-of-the-art clean room, staffed by a dedicated team, ensures safe and clean product development. They offer a streamlined design and manufacturing process, capable of producing millions of eliquid bottles monthly. Acme Vape Lab products are sold in over 100 countries and boast over 25 international awards.

Financially, Acme Vape Ltd presents a mixed picture. While turnover increased by a healthy 32%, reaching £52 million, net assets decreased by 13%, settling at £9.3 million. Cash reserves grew by a significant 46% to £7.3 million, a positive sign, but bank borrowings increased by a whopping 2,000%, reaching £350,000. Creditors also rose by 50%, reaching £21 million. The company meets the criteria for a large company, having a turnover of £52 million, balance sheet total of £9.3 million, and 176 employees.

The company’s accounts, audited by Watergates Ltd, show a significant increase in administrative expenses, up 43% to £15 million. There was also a notable increase in the cost of sales, rising 12% to £31 million. Despite these increases, the company’s profit still grew substantially, reaching £4.3 million. The company’s accounts show a slight decrease in depreciation, which may indicate a slowing down of investment in new equipment. The directors report and strategic report are consistent with the financial statements.

Registered in England/Wales under the registration number 10003856, with a registered address at PR1 1AF, England, Preston, Lancashire, New City House Floor 6 & 7, 57-63 Ringway.

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