Mv Shop Limited

Mv Shop Limited, based in Salford, UK, is a small, active company established twelve years ago in 2012. With six employees and £402,972 in assets, it operates as a solo-founded e-commerce site specializing in vaping products. The company regularly imports electrical machinery and equipment, with its last import activity recorded in May 2017. It’s a real address, with just one director and owner, Lamba Daljit Singh, at the helm.

The company’s website, mvshop.co.uk, showcases a wide range of vaping kits, pods, disposable vapes, coils, and e-liquids from various brands. It emphasizes competitive pricing, promotional deals, and a large selection of flavors—a typical strategy for online retailers in this market. The site also features a blog with helpful guides on vaping, further establishing its expertise. The site also has a section for piano restoration, which is a bit unusual.

Financially, Mv Shop Limited presents a mixed picture. Creditors decreased by 34%, which is good, but net assets declined by 26% to £12,000. Cash reserves are steady at £6,700, but trade debtors dropped significantly by 48%, suggesting slower payments from customers. The company’s small size (meeting two of three criteria for a small company) helps it remain flexible. With no auditor mentioned, the unaudited figures rely on director-reported data.

The decrease in equity is something to watch, and the drop in debtors could indicate a need to tighten credit terms. Overall, Mv Shop Limited seems to be navigating a competitive market, but the financial trends warrant close monitoring.

Registered in England/Wales under the registration number 08314499, with a registered address at M7 1SL, Salford, 27 Overbridge Road.

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