Smoknic Ltd

Smoknic Ltd is a small, active company based in Huddersfield, UK, established eleven years ago in 2014. With two employees and £798,129 in assets, it operates from a real address and is overseen by two directors and one owner. The company runs an e-commerce site and regularly imports electrical machinery and equipment, with its last import activity recorded three months ago in February 2022. It operates in the wholesale of tobacco products industries.

The company's website showcases a range of vaping products, including shortfills, nic salts, vape kits, and disposable vapes. It emphasizes quality, value, and customer satisfaction, offering free shipping, refund policies, and a blog with vaping-related content. The website’s design and product range suggest a focus on modern e-commerce trends and a desire to appeal to a broad customer base.

Financially, Smoknic Ltd shows some concerning trends. While average employee numbers have increased significantly, jumping 250% to seven, net assets have declined by 11% to £64,000. Bank borrowings have doubled to £94,000, and cash reserves have fallen by 81% to £41,000. Creditors, however, decreased by 160%, which could indicate improved debt management. The company's small size—meeting two of three criteria for a small company—helps it remain agile, but the decline in equity and cash warrants closer attention. No auditor is mentioned, which is common for small companies exempt from an audit.

Overall, Smoknic Ltd appears to be navigating a period of change. The increased employee count and active e-commerce presence suggest growth, but the financial data reveals potential pressures. Whether the company can sustain its momentum and address these challenges remains to be seen.

Registered in England/Wales under the registration number 08918581, with a registered address at HD1 4LQ, England, Huddersfield, 31 Westbourne Road.

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