Flawless Uk Vape Distribution Ltd

Flawless UK Vape Distribution Ltd from Leicester UK: large company, active status, founded 8 years ago, 77 employees, £21,804,101 assets, yearly revenue: £93,965,890, real address, 5 directors, 1 owner, e-commerce site. Regular importer of electrical machinery and equipment (169 months imported). Regular exporter of electrical machinery and equipment (133 months exported). Flawless UK Vape Distribution Ltd is a sizable player in the UK vape market, classified as a large company due to its significant turnover and balance sheet total. Incorporated eight years ago, the company employs seventy-seven people and boasts substantial assets of £21,804,101, generating a yearly revenue of £93,965,890. It operates from a real address in Leicester and is managed by five directors, with one owner reported. The company's e-commerce site serves as its primary sales channel.

The company is a regular importer and exporter of electrical machinery and equipment, with a long history of both activities – 169 months of imports and 133 months of exports recorded. This suggests a well-established supply chain and a focus on international trade. It’s a large company as it met two conditions of three: turnover more than £36 million, balance sheet more than £18 million, employees more than 250. The company’s website showcases a vast selection of vape products, from disposables and e-liquids to hardware and accessories, featuring a wide range of brands. It’s a real address as only three companies registered at the address.

However, a closer look at the company's financials reveals some concerning trends. While the company’s revenue is impressive, accrued liabilities have increased significantly, jumping 42% to £1.5 million. Depreciation on computer equipment has also risen sharply, increasing by 230%. Administrative expenses are up 45%, reflecting potential scaling costs. Despite these challenges, cash bank on hand has increased by 26%, and the company’s average number of employees has risen by 26%, indicating growth.

The company’s dividends paid have increased by 90%, suggesting a focus on returning value to shareholders. However, the increase in corporation tax payable by 16% and the increase in deferred tax liabilities by 22% are worth noting. The company’s turnover revenue has remained consistent, but the significant increase in bank borrowings, up 2,400%, and the decrease in cash reserves, down 30%, raise questions about its financial stability. It’s a private limited company, and no auditor is mentioned. The company's growth is apparent, but the rising costs and debt levels warrant careful monitoring.

Registered in England/Wales under the registration number 10343378, with a registered address at LE4 1BF, United Kingdom, Leicester, Leicestershire, 7 Sheene Road.

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