Bargain Vapers Ltd

Bargain Vapers Ltd, based in South Shields, UK, is a small, active company founded 10 years ago. With just two employees and £30,082 in assets, it operates as a real address e-commerce site, boasting a perfect 5.0 Google rating from 26 reviews. The company is run by two directors and one owner, and irregularly imports electrical machinery and equipment—just one month’s worth, with the last import occurring in September 2023.

The company’s website, while not prominently featured, suggests a focus on retail sales via mail order and internet, catering to the vaping market. It’s a relatively small operation, meeting two of three criteria to be considered small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

Financially, Bargain Vapers Ltd shows a mixed picture. Cash reserves have fallen by a significant 36%, dropping to £28,000, while current assets have also declined by 34% to £30,000. Equity has suffered a similar drop of 35%, settling at £22,000. On the positive side, creditors have decreased by 29%, indicating improved debt management. The company's small size and lack of an auditor (likely exempt as a small company) means the figures are unaudited.

Overall, Bargain Vapers Ltd appears to be navigating a period of financial adjustment. While its Google rating suggests strong customer satisfaction, the declining assets and equity raise questions about its long-term sustainability. It's a small business, and these fluctuations are not uncommon, but careful management will be key to ensuring its continued success.

Registered in England/Wales under the registration number 09552516, with a registered address at NE34 7JQ, United Kingdom, South Shields, Tyne And Wear, 16 Essex Gardens.

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