Vape Liquid Solutions Ltd

Vape Liquid Solutions Ltd, based in Rochdale, UK, is a small, active company established 14 years ago. With 19 employees and £120,344 in assets, it’s a modest operation overseen by one director and two owners. The company’s real address is registered, and it’s been steadily importing furniture, lighting, and prefabricated buildings for the last three months, while also irregularly exporting tobacco and tobacco substitutes for two months.

The company’s website, Vaping Solutions, is a London-based business with over seven years of experience in the vaping industry. It specializes in premium e-liquids under brands like PuraLite, Bone Crusher, and Nutty Scientist, offering a wide range of flavors and nicotine strengths. The site also sells vaping hardware, including pod kits, replacement pods, and coils, and offers special deals and bundles. It’s clear the company is focused on e-commerce, catering to a UK-based customer base with a user-friendly website and a focus on customer service.

Financially, Vape Liquid Solutions Ltd shows a mixed picture. Current assets have decreased by 14% to £120,000, while net assets have also dropped by 17% to £360,000. Bank overdrafts have increased by a significant 64%, reaching £21,000, and cash reserves have fallen by 40% to £20,000. However, trade debtors have dramatically decreased by 120%, a positive sign of improved payment collection. The company’s small size (meeting two of three conditions for a small company) helps with flexibility, but the decrease in equity suggests it may be burning through cash faster than anticipated. The company is exempt from an audit, so the financial statements are unaudited.

The company’s focus on importing and exporting, along with its online retail presence, indicates a business trying to balance supply chain management with direct-to-consumer sales. The decrease in cash reserves, however, warrants close monitoring, and it will be interesting to see if the company can sustain its growth while managing its finances effectively.

Registered in England/Wales under the registration number 07265935, with a registered address at OL11 2PX, England, Rochdale, Unit 5 Transpennine Trading Estate, Gorrells Way.

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