Vapegb Limited

Vapegb Ltd from Rotherham UK: a small holding company with an active status, was founded eleven years ago in 2013. It employs thirteen people and holds £264,579 in assets, operating from a real address within the Vapegb Building at Canklow Meadows Industrial Estate. The company is led by one director and one owner, and boasts a stellar 5.0 Google rating based on seventy-three reviews, running a thriving e-commerce site. It’s a regular importer of electrical machinery and equipment, with four months of import activity recorded, the last in June 2023.

The company’s website, VapeGB, is a well-stocked online vape shop, offering a wide range of liquids, concentrates, devices, and accessories. It caters to both seasoned vapers and those new to the hobby, with a focus on popular brands like Elux Legends, Vampire Vape, and Zeus Juice. The site’s clean design and easy navigation make it a pleasant shopping experience, and the inclusion of helpful blog content reinforces its position as a knowledgeable resource.

Financially, Vapegb Ltd presents a mixed picture. Current assets increased by 24% to £260,000, while net assets increased by 23% to £180,000. However, bank borrowings surged by 160%, reaching £70,000, and cash reserves decreased by 23% to £130,000. Trade creditors decreased by 18%, suggesting improved debt management, and trade debtors increased by 41%, which could be a sign of growth or potential payment issues. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble, but the increase in borrowing raises questions about its financial sustainability. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Vapegb Ltd appears to be a successful e-commerce business with a strong online presence and positive customer reviews. However, the increase in borrowing suggests that it may be burning through cash to fuel its growth, and it will be interesting to see if it can maintain its financial health in the long term.

Registered in England/Wales under the registration number 08717929, with a registered address at S60 2XL, England, Rotherham, South Yorkshire, Vapegb Building Canklow Meadows Industrial Estate, West Bawtry Road.

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