Mystic Vapor Ltd
- Small
- Active
- 12 years
- 4 employees
- £188,089 (assets)
- Virtual address
- 1 director
- 1 owner
- Regular importer
- Regular exporter
- Solo founder
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Mystic Vapor Ltd, based in London, UK, is a small, active company established eleven years ago in 2013. With four employees and £188,089 in assets, it operates from a virtual address, managed by a single director and owner – a solo founder. The company regularly imports plastics and plastic products, with three months of import activity recorded, and exports miscellaneous chemical products, having done so for eighty months.
The company's website, Mystic Juice, is an e-commerce platform catering to vapers, requiring visitors to confirm they are 18 or older. The site offers a wide range of products, including e-liquids, nicotine shots, starter kits, pods, tanks, and mods, alongside accessories like wicks and coils. Notably, it features a "Latest News" section highlighting sales, new product launches, and partnerships with brands like Joyetech and Eleaf. The site also offers a loyalty program and a newsletter subscription.
Financially, Mystic Vapor Ltd's report shows some concerning trends. Accumulated depreciation has increased significantly by 190%, particularly in computer equipment, while cash bank on hand has decreased by 12%. Bank borrowings have increased, and net assets have fallen by 20%. While trade debtors have decreased, creditors have also decreased. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity warrants attention. No auditor is mentioned, which is common for small companies.
Overall, Mystic Vapor Ltd appears to be a small, online retailer navigating the challenges of a competitive market. While the website presents a professional image and a diverse product range, the financial data suggests the company is burning through money and needs to focus on improving its profitability.
Registered in England/Wales under the registration number 08523569, with a registered address at N1 7GU, England, London, 20-22 Wenlock Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 8 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 12 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Confirmation statement made on 2025-01-15 with updatesDownload 5 pages pdf report
-
Total exemption full accounts made up to 2024-05-31Download 8 pages pdf report
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Total exemption full accounts made up to 2023-05-31Download 8 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Mystic Vapor Ltd
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