Vaportiser Ltd

Vaportiser Ltd, based in Salford, UK, is a small, active company founded ten years ago in 2015. Employing just three people, it holds £152,437 in assets and operates from a real address, managed by two directors and two owners. Boasting a stellar 5.0 Google rating from eleven reviews, the company is a regular importer of electrical machinery and equipment, with 38 months of import activity recorded, the last in 2021.

The company's website reveals a focus on wholesale and retail vape products, offering a wide range of items including disposable vapes, coils, mods, and e-liquids. It caters to both wholesale customers and individual vapers, with a particular emphasis on competitive pricing and fast delivery. The site also features a registration option for wholesale accounts, providing exclusive pricing and discounts. It's a clearance outlet, and the website has a wishlist and cart functionality.

Financially, Vaportiser Ltd presents a mixed picture. While cash reserves increased by 22% to £8,200, net assets decreased by 13% to £36,000. Bank borrowings remained steady at £10,000, but creditors surged by 85% to £150,000—a significant jump. Trade debtors decreased by 7.7% to £7,000, and finished goods decreased by 0.58% to -£140,000. 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 suggests potential cash flow pressures. The accounts are unaudited, likely due to the company’s status as a small company. The company's fixed assets increased by 1700% to £72,000.

It seems Vaportiser Ltd is navigating a period of growth and change, balancing increased costs with a focus on customer acquisition and wholesale expansion.

Registered in England/Wales under the registration number 09469236, with a registered address at M7 1SL, England, Salford, Unit 6, 1st Floor, Eurohouse, 1 Overbridge Road.

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