Vapex Limited

Vapex Limited is a small, active company based in Harrow, UK, founded six years ago in 2019. With £69,499 in assets and a virtual address, it employs two people and is run by two directors and owners. The company operates an e-commerce site and is involved in selling a variety of goods, retail sales, and electrical household appliances.

The company’s website, Vapex, serves as a retail outlet for vapes and vaping products across South Yorkshire. It boasts a wide selection of vapes, liquids, coils, and accessories, and prides itself on knowledgeable staff and competitive prices. Customer testimonials highlight excellent service and helpful advice, with several praising the helpfulness in resolving issues and ordering in specific items. The website also mentions a family-run business serving the area for over four years.

Financially, Vapex Limited’s picture is mixed. Cash reserves increased significantly, jumping 250% to £48,000, which is a positive sign. However, net assets also rose dramatically, increasing 860% to £33,000, suggesting a change in equity. Bank borrowings decreased by 41%, and creditors also fell by 41%, which could indicate improved debt management. Trade debtors have also increased, which could be a cause for concern. 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 stay nimble, but the large increase in equity is something to keep an eye on. With no auditor mentioned, the figures are unaudited.

Registered in England/Wales under the registration number 11953668, with a registered address at HA1 2EN, England, Harrow, Congress House, Lyon Road.

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