Uk Electronic Cigarette Limited

Uk Electronic Cigarette Limited, based in Wembley, UK, is a small, active company established twelve years ago in 2012. Employing twenty-one people, it holds assets valued at £1,058,894 and operates from a real address. The business is family-owned, with two directors and two owners, and has been importing electrical machinery and equipment for an impressive 173 months, with the latest import in November 2024. It also exports the same equipment, though less frequently, with six months of export activity ending in December 2016. The company primarily sells vaping products, operating an online store with a wide range of disposables, kits, and e-liquids.

The website, UK Vape Store, showcases a comprehensive selection of vaping hardware and supplies, emphasizing new releases and top brands like Elf Bar, Lost Mary, and VOOPOO. It offers free delivery and a 10% discount for new customers, and provides detailed product descriptions and guides. The site’s design is modern and user-friendly, with a focus on visual appeal and easy navigation. The business also offers subscription services for regular deliveries of vaping products.

Financially, Uk Electronic Cigarette Limited demonstrates a mixed picture. Current assets have increased by 13% to £1,100,000, while net assets have decreased by 29% to £78,000. Bank borrowings have also decreased by 36% to £200,000, and cash reserves have fallen 63% to £2,300. Trade debtors have increased by 61%, suggesting a potential reliance on customer payments. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than fifty employees. As a small company, it’s exempt from a full audit, so the financial statements are unaudited.

The decrease in equity, despite increased assets, suggests the company may be reinvesting heavily in its business or facing increased costs. The rise in trade debtors could be a sign of delayed payments or an expansion of credit terms. The company’s focus on online sales and its wide product range position it well in the growing vaping market, but its financial health will need to be closely monitored to ensure long-term sustainability.

Registered in England/Wales under the registration number 08090491, with a registered address at HA9 0LB, England, Wembley, Middlesex, Unit 49 / 50 Fourth Way, Hallmark Trading Estate.

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