The Electronic Cigarette Company (uk) Ltd

The Electronic Cigarette Company (uk) Ltd from Blackburn, UK, is a small holding company with an active status, established sixteen years ago in 2008. It employs just two people and holds £365,563 in assets, operating from a real address alongside three other companies. Two directors and one owner (though this list may not be exhaustive) manage the business.

The company’s primary activity involves retail sales through mail order and online platforms, alongside other non-specialised retail outlets. It’s a small company, meeting two out of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The website, TECC Online Vape Shop, showcases a wide range of electronic cigarettes, vape starter kits, and accessories, partnering with brands like Elf Bar, Lost Mary, and GeekVape. It also offers a subscription service for popular flavors. The site's design is modern and user-friendly, with clear categories and a focus on competitive pricing and fast shipping.

Financially, The Electronic Cigarette Company (uk) Ltd shows some concerning trends. Cash bank on hand decreased by 14%, falling to £150,000. Debtors increased by 11%, reaching £220,000, while creditors rose by 15%, hitting £47,000. Equity also declined slightly, dropping to £320,000. The company’s bank borrowings increased by 21%, reaching £200,000. It’s possible that the company is investing in inventory or marketing to drive sales, but the decrease in cash reserves warrants attention. The accounts are audited, and the financial statements were prepared by CCH Software. While the company’s small size helps it remain agile, the decline in cash and increase in debt suggest it might be burning through money. The lack of a named auditor is common for small companies, and the figures rely on director-reported data.

Registered in England/Wales under the registration number 06578518, with a registered address at BB2 2QR, Blackburn, Totally Wicked, Stancliffe Street.

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