Vapeazy Ltd

Vapeazy Ltd from Manchester UK: a small, active company founded five years ago, employs seven people, and holds £405,514 in assets. It’s a solo founder operation with a real address, managed by one director and owner, and operates an e-commerce site. The company’s status is active, and it was incorporated on March 04, 6 years ago.

Vapeazy Ltd specializes in the online retail of vaping products, as evidenced by its website, Vapeazy.co.uk. The site offers a wide range of items, including e-liquids, disposable vapes, nicotine salts, mods, kits, and clearance items. It caters to both beginner and experienced vapers, offering a variety of brands and options. The website prominently displays its commitment to competitive pricing and fast customer support, with a dedicated FAQ section and contact information readily available. It also accepts Super Payments, which is a plus.

Financially, Vapeazy Ltd shows some interesting trends. While current assets increased by a substantial 140%, reaching £410,000, net assets also rose significantly, reaching £150,000. Trade debtors decreased by 42%, suggesting improved collection efforts. However, creditors increased by 110%, reaching £300,000, which could indicate increased reliance on short-term financing. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in creditors warrants a closer look. The company’s total inventories also increased dramatically, by 980%, to £320,000, which might suggest a strategy of stocking up on products to meet demand. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Vapeazy Ltd appears to be a healthy, growing e-commerce business. The increase in assets and net assets is a positive sign, and the improved collection of debtors is encouraging. However, the increase in creditors should be monitored closely to ensure the company maintains a sustainable financial position.

Registered in England/Wales under the registration number 12496262, with a registered address at M8 8WE, England, Manchester, 20 Woolley Street.

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