Vapourium Ltd.

Vapourium Ltd from Fareham UK is a small, active company founded eleven years ago in 2014. With ten employees and £544,315 in assets, it operates from a virtual address and is led by a single director and owner. The company runs an e-commerce site and regularly imports electrical machinery and equipment, with its last import operation recorded ten months ago in July 2017.

The website showcases a wide range of vaping products, including e-liquids, hardware, disposables, and nicotine pouches. It's a full-fledged online retailer with a user-friendly interface, detailed product descriptions, and a blog covering vaping knowledge and safety information. The site also features a loyalty scheme and a dedicated section for new arrivals, suggesting a focus on customer engagement and staying current with market trends.

Financially, Vapourium Ltd presents a mixed picture. Current assets have increased by a substantial 42%, reaching £540,000, while net assets have also risen by 21%, hitting £970,000. However, bank borrowings have surged by 2,400%, reaching £29,000, and cash reserves have fallen 30% to £28,000. Creditors decreased by 18%, which is a positive sign, but the significant increase in bank borrowings and the drop in cash reserves could indicate a period of investment or increased operational expenses. The company meets two of the three criteria to be considered small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. As a small company, it is exempt from an audit, so the figures are unaudited.

Overall, Vapourium Ltd seems to be growing, but the increased borrowing suggests it’s burning through money. The company’s reliance on e-commerce and its niche product offering—vaping supplies—position it well in a competitive market, but the financial pressures will need to be managed carefully.

Registered in England/Wales under the registration number 08970705, with a registered address at PO16 9XS, England, Fareham, Murrills House 48 East Street, Portchester.

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