The Electric Tobacconist Ltd

The Electric Tobacconist Ltd, based in Hemel Hempstead, UK, is a small, active e-commerce business founded twelve years ago in 2013. With forty-four employees and £4,605,777 in assets, it operates from a real address and is overseen by two directors and a solo founder. The company boasts a stellar 5.0 Google rating from 667 reviews and is a regular importer of electrical machinery and equipment, with nineteen months of import activity recorded.

The company’s website, The Electric Tobacconist, is a popular online retailer specializing in vape devices, kits, e-liquids, and accessories. It caters to a wide range of vapers, offering everything from starter kits to high-end mods and a diverse selection of e-liquid flavors. The site also features a section dedicated to heated tobacco products, including IQOS and Ploom devices, as well as nicotine pouches and disposable vapes. The website is well-designed and easy to navigate, with a focus on competitive pricing, a wide product selection, and fast shipping.

Financially, The Electric Tobacconist Ltd shows a mixed picture. Cash reserves increased by 23% to £2,800,000, while net assets grew by 10% to £2,700,000. However, creditors increased by 25% to £2,100,000, and trade debtors decreased by 25% to £430,000. 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 increase in creditors suggests a need to manage debt effectively. The company’s unaudited financial statements, lacking any auditor mention, rely on director-reported data.

The company’s growth in assets and cash reserves is encouraging, but the rise in creditors warrants close attention. The continued popularity of vaping and the company’s strong online presence suggest a solid foundation for future success, although careful financial management will be crucial.

Registered in England/Wales under the registration number 08505605, with a registered address at HP2 7UA, England, Hemel Hempstead, Units 1 & 2 Mark House, Mark Road.

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