Dripdrop Vapour Ltd

Dripdrop Vapour Ltd, based in Thornton-Cleveleys, UK, is a small, active family business established ten years ago. With five employees and £165,087 in assets, it operates from a real address on the Red Marsh Industrial Estate and is overseen by two directors and two owners. The company's core business revolves around e-commerce, selling eliquids and vaping hardware. It’s a regular importer, primarily of electrical machinery and equipment, with its last import operation recorded in June 2020.

The company’s website, DripDrop Vapour, is a vibrant online store showcasing a wide range of eliquids, nicotine salts, shortfills, and vaping devices. It emphasizes its extensive range of flavours, competitive pricing, and commitment to quality. The site also highlights its manufacturing capabilities, boasting an ISO 7 cleanroom and a dedicated bottling line. They even have a blog discussing current events within the vaping industry.

Financially, Dripdrop Vapour Ltd presents a mixed picture. Current assets have increased by 11% to £170,000, which is good news. However, retained earnings have decreased by 4.1% to £140,000. Bank borrowings have fallen by 24% to £30,000, and cash reserves have increased by 50% to £70,000—a positive sign. Creditors have also decreased, suggesting improved debt management. The company meets the criteria to be classified as small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. Loans from directors have increased significantly, by 450%. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Dripdrop Vapour Ltd seems to be navigating a competitive market. While the decrease in retained earnings warrants attention, the increase in cash reserves and the company’s established online presence suggest a resilient business.

Registered in England/Wales under the registration number 09562543, with a registered address at FY5 4EZ, England, Thornton-Cleveleys, 5 Brookside, Red Marsh Industrial Estate.

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