Mysmokingshop Ltd

Mysmokingshop Ltd, based in Preston, UK, is a small, family-run business established 14 years ago. With seven employees and £3,468,433 in assets, it operates as an e-commerce site specializing in tobacco products – cigarettes, cigars, and related accessories. The company has a real address and is managed by two directors and owners, Jackson Sarah Anne and Jackson Simon Christopher. It holds a stellar 5.0 Google rating from 275 reviews, a testament to its customer service. The business regularly imports miscellaneous manufactured goods, with the most recent import operation occurring in October 2024.

The company’s website showcases an extensive catalog of tobacco products, ranging from well-known brands like Benson & Hedges and Camel to premium Cuban cigars. It also offers a wide selection of accessories, including lighters, pipe cleaners, and snuff boxes. The website’s layout is well-organized, with clear categories and detailed product descriptions. It also has a newsletter and a clearance section.

Financially, Mysmokingshop Ltd demonstrates a mixed picture. Cash bank on hand increased by 5.7% to £1,700,000, while total assets grew by 24% to £3,500,000. However, creditors increased significantly by 35% to £680,000, and debtors rose by a substantial 83% to £660,000. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the rise in debt warrants attention. Equity increased by 19% to £3,300,000. As a small company, it is exempt from an audit, so the figures are unaudited.

The increase in debtors could indicate a shift in payment terms or potentially a collection issue, while the rise in creditors suggests increased borrowing or supplier payments. The company’s success hinges on maintaining its strong online reputation and effectively managing its financial obligations.

Registered in England/Wales under the registration number 07450230, with a registered address at PR1 0DQ, Preston, 40c Liverpool Road, Penwortham.

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