Vape Vault Online Ltd

Vape Vault Online Ltd is a small, active company based in Manchester, UK, founded five years ago in 2019. It’s a solo founder operation with one employee and £3,959 in assets, operating an e-commerce site selling vaping supplies. The company has one director and owner, Zain Muhammed Nabil, who also serves as manager. The registered address is real, with only one other company registered at the same location. It's a small company, meeting two of three criteria: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

The company's website, Vape Online Store, is a comprehensive online retailer offering a wide range of vaping products, including e-liquids, disposables, vape kits, tanks, coils, pods, and mods. It caters to both beginner and experienced vapers, with a focus on top brands like Elf Bar, Hayati, and GeekVape. The site features a user-friendly interface, detailed product descriptions, and a blog offering vaping-related information. It’s clearly designed to be a one-stop shop for all things vaping.

Financially, Vape Vault Online Ltd shows a concerning trend. Current assets have fallen by 54%, dropping to £3,000, while net assets have plummeted 82%, leaving just £5. Equity has taken a big hit. Bank borrowings have decreased, but cash reserves have also decreased significantly, falling 54% to £1,300. Creditors have also decreased, which could be a positive sign of better debt management. The company’s small size and solo operation mean it’s likely exempt from an audit, so the financial statements are unaudited.

The sharp decline in assets and equity suggests Vape Vault Online Ltd is burning through cash. While the e-commerce site appears active and well-stocked, the financial data raises questions about its long-term sustainability. It’s possible the company is reinvesting heavily in inventory or marketing, but without further information, it’s difficult to say for sure.

Registered in England/Wales under the registration number 12191092, with a registered address at M25 0JD, United Kingdom, Manchester, 3 West Meade, Prestwich.

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