Cornish Liquids Ltd

Cornish Liquids Ltd, based in Redruth, UK, is a small, active company founded nine years ago. With four employees and £66,449 in assets, it's a solo-founder operation managed by two directors and one owner. The company boasts a stellar 5.0 Google rating from 48 reviews, indicating strong customer satisfaction. It’s a regular importer of glass and glassware, with its last import operation recorded four months ago in April 2018.

The company’s website, cornishliquids.co.uk, reveals it’s a thriving online vape store, selling everything from starter kits and e-liquids to coils and accessories. The site emphasizes fast delivery, a loyalty program, and expert customer support. It also features a blog with articles on vaping troubleshooting and alternatives to disposable vapes, demonstrating a commitment to educating customers. The website even has a section for featured partners, highlighting established brands in the vaping industry.

Financially, Cornish Liquids Ltd presents a mixed picture. Creditors have decreased by 17%, which is a good sign, but cash reserves have increased by a whopping 420% to £15,000. Bank borrowings have also dropped significantly, falling by 17%. However, net assets have taken a hit, decreasing by 27% to -£120,000. It’s a small company, meeting two of three criteria for small business status (turnover under £10.2m, assets under £5.1m, fewer than 50 employees). The lack of an auditor mentioned is typical for a small company, meaning the figures are unaudited.

Despite the negative equity, the increase in cash reserves and the strong online presence suggest Cornish Liquids Ltd is holding its own. The company’s focus on customer service and a wide range of products likely contribute to its success, even as it navigates the challenges of a competitive market.

Registered in England/Wales under the registration number 09617611, with a registered address at TR15 3RQ, England, Redruth, Unit 12c Barncoose Industrial Estate, Barncoose.

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