Rvg Distribution Limited

RVG Distribution Limited, based in Cosham, UK, is a small, active company founded nine years ago. With seven employees and £184,441 in assets, it operates from a real address and is managed by two directors, although no owners are officially registered. The company regularly imports miscellaneous chemical products (for 26 months) and exports tobacco and tobacco substitutes (for 19 months), indicating a diverse trading profile.

The company’s website showcases a wholesale business specializing in e-cigarettes, e-liquids, and vaping accessories. It’s a B2B platform, catering to other retailers and distributors. The site highlights a wide range of products, including shortfills, CBD products, and disposable vapes, all compliant with UK regulations. RVG Distribution emphasizes its strong European and worldwide network, dedicated customer service, and even offers free samples to potential clients. It’s clear the company is focused on building relationships and providing a tailored service within the vaping industry.

Financially, RVG Distribution Limited presents a mixed picture. While cash bank on hand decreased by 33% to £120,000, creditors significantly dropped by 77% to £47,000, suggesting improved debt management. However, net assets have also fallen by 51% to £180,000, and average number of employees has plummeted 71% to just two. Trade debtors have increased, which may indicate delayed customer payments. The company’s small size (meeting two of three criteria for being a small company) allows for agility, but the decrease in assets and employee numbers could reflect challenges in scaling the business. The absence of an auditor—likely due to its small size—means the figures are unaudited. The company's reliance on bank borrowings has increased significantly, which could be a cause for concern.

Registered in England/Wales under the registration number 09888230, with a registered address at PO6 3AG, England, Cosham, Hampshire, First Floor Offices, 50 High Street.

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