Flawless Vape Labs Ltd

Flawless Vape Labs Ltd from Leicester UK: small company, active status, founded 8 years ago, 11 employees, £367,527 assets, real address, 5 directors, 1 owner. Regular importer of paper and paperboard products (39 months imported). It’s a small business, meeting two of three conditions to be classified as such: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company operates in the "other manufacturing n.e.c." industries, providing a state-of-the-art eliquid mixing, filling, and labelling service.

The company’s website highlights its focus on creating premium juices and eliquids, offering "end-to-end solutions" for vaping businesses. They boast investment in advanced machinery, a Class 7 clean room, and a team of experienced mixologists capable of creating bespoke flavours. Flawless Vape Labs also partners with Flawless Vape Distribution, granting access to an extensive global network. The website details services like TPD compliance, white labelling, and custom branding, suggesting a focus on B2B clients rather than direct consumer sales. It's clear they're aiming to be a one-stop shop for vaping manufacturers.

Financially, Flawless Vape Labs Ltd shows some concerning trends. While current assets are reported at £370,000, they’ve fallen by 13% compared to the previous year. Bank balances have also decreased by 11%, dropping to £280,000. There's been a significant 20% drop in equity, falling to £300,000, which could be due to reinvestment in equipment or other business expenses. Interestingly, the number of employees has also decreased from 11 to 9, which could be a cost-saving measure. Despite these challenges, trade debtors have fallen, suggesting improved cash flow management. The lack of an auditor mentioned, likely due to its small size, means the financial information remains unaudited.

Overall, Flawless Vape Labs Ltd appears to be navigating a period of change. While the business is clearly investing in its infrastructure and capabilities, the decline in assets and equity suggests it’s burning through cash, though it's not clear if this is a sustainable strategy.

Registered in England/Wales under the registration number 10343381, 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.