Vape2vape Ltd

Vape2vape Ltd from Cardiff UK: a small, active company founded eleven years ago, is facing some challenges. Despite holding £9,500,000 in assets and employing just two people, the company's accounts and confirmation statements are now three years overdue. It’s a solo-founded operation managed by three directors and one owner, Rodgers Jonathan, and operates from a real address. The company is an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances – parts – with a single month of import activity recorded back in 2016.

The company's website, which is not available, suggests it operates within the non-specialised wholesale trade industries. It’s a small company, meeting two of the three conditions for classification (turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees). This agility can be an advantage, but it also means resources are limited.

Financially, Vape2vape Ltd’s numbers are a mixed bag. While cash reserves remain strong at £9,500,000, the lack of recent accounts makes it difficult to assess its true health. The company's equity is at £9,500,000, and it has no debts, but the overdue filings raise concerns about its ability to manage its obligations. The lack of an auditor (likely due to its small size) means the figures are unaudited, relying on director-reported data. It's a bit strange, really.

The company’s current assets are also at £9,500,000, but without more recent information, it's impossible to know if this represents a healthy cash flow or a buildup of inventory. The company’s reliance on irregular imports could also be a risk, as supply chain disruptions could significantly impact its operations.

Registered in England/Wales under the registration number 09049633, with a registered address at CF14 8LH, Cardiff, 09049633 - COMPANIES HOUSE DEFAULT ADDRESS.

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