Smokin Ideas Ltd

Smokin Ideas Ltd from Glasgow, UK, is a small, active company founded 16 years ago. With five employees and £418,444 in assets, it operates from a real address and is overseen by three directors and one owner. The company has a 4.0 Google rating based on 122 reviews and runs an e-commerce site, irregularly importing electrical machinery and equipment – just one month of imports were recorded as of October 2022.

The website, Smokinideas, showcases a wide range of products, from vaporizers and accessories to CBD items and even synthetic urine kits. It caters to a niche market, offering everything a smoker or vaper might need, alongside a physical store in Glasgow. The site emphasizes competitive pricing and a loyal customer base, even shipping internationally. It’s clear the company is focused on providing a comprehensive online and in-person shopping experience.

Financially, Smokin Ideas Ltd presents a mixed picture. While cash bank on hand increased by a healthy 30% to £330,000, net assets decreased by 10% to £85,000. Creditors also increased by 31% to £380,000, suggesting a reliance on credit. The company’s small size (meeting two of three conditions for a small company) helps with agility, but the equity decline warrants attention. Despite a decrease in deferred tax, the company still shows a profit of £36,000. The lack of an auditor mentioned likely reflects its exemption as a small company, meaning the figures are unaudited. Overall, Smokin Ideas Ltd appears to be navigating a competitive market, but the financial trends suggest a need for careful management.

Registered in Scotland under the registration number SC354593, with a registered address at G1 5AX, Glasgow, 155 Gallowgate.

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