Vapouriz Limited

Vapouriz Limited, based in Darwen, UK, is a large company with a holding structure, currently active and celebrating thirteen years since its founding in 2012. Employing 109 people, the company holds assets totaling £9,247,962, operates from a real address, and is overseen by two directors and one owner. It runs an e-commerce site and regularly imports and exports electrical machinery and equipment, with 112 months of import activity and 16 months of export activity. Google reviews, however, paint a less positive picture, with a rating of just 1.0 based on a single review.

According to the financial data, Vapouriz Limited meets the criteria to be considered a large company, having met two out of three conditions: turnover exceeding £36 million and balance sheet total exceeding £18 million. The company's administrative expenses decreased by 5.8% to £4.2 million, and its cash bank balance dropped significantly by 63% to £2.6 million. While corporation tax recoverable increased by 57% to £560,000, amounts owed to group undertakings decreased by 35% to £6.3 million. Interestingly, dividends paid on shares increased by 100% to £4 million, and net assets liabilities rose by 5.6% to £2.9 million.

The company’s website showcases a wide range of vaping products, including eliquids, vape kits, coils, and accessories. It offers various brands and flavour options, catering to both new and experienced vapers. The site’s design emphasizes deals and bundles, encouraging customers to purchase multiple items. It's clear the company is focused on driving sales through its online platform.

However, the financial data reveals some concerning trends. The company’s net loss deepened, and cash reserves plummeted. Trade debtors ballooned, suggesting potential issues with customer payments. While creditors decreased, the overall picture suggests the company is facing financial pressures. The absence of an auditor mentioned in the report implies that the financial statements are unaudited, which could be a cause for concern. Despite these challenges, Vapouriz Limited continues to operate and market its products, hoping to navigate these financial headwinds and maintain its position in the competitive vaping market.

Registered in England/Wales under the registration number 07898106, with a registered address at BB3 0RW, England, Darwen, Lancashire, Flavour Warehouse Ltd, Global Way.

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