Vhq Store Ltd

Vhq Store Ltd, based in Isleworth, UK, is a small, active company founded six years ago. With a single employee and £1,322 in assets, it operates as a solo founder-led e-commerce site boasting a stellar 5.0 Google rating from 40 reviews. The company has one director and owner, Zortev Dimitar, and its registered address is real, with only one other company registered at the same location.

The company’s website, VapeHQ, is a dedicated online retailer specializing in vaping products. It offers a wide range of items, including high-quality e-liquids, accessories, and devices. The site prominently features deals, including multibuy options and free eliquids with starter kits. It also offers age verification upon purchase, emphasizing responsible selling. The site’s design is clean and easy to navigate, with clear categories for different types of vaping products, brands, and flavors. It also has a blog and a store locator.

Financially, Vhq Store Ltd's latest report paints a picture of a company facing challenges. Cash bank on hand has plummeted 86%, dropping from £9,300 to just £1,300. Net assets have also decreased significantly, falling 22% to -£66,000. Creditors have increased by 7%, reaching £68,000, while the increase from depreciation charge for the year was just 27. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the decline in cash reserves is concerning. No auditor is mentioned, as the company is exempt due to its size, so the figures are unaudited.

While the e-commerce site appears to be well-regarded by customers, the financial data suggests the company is burning through money. Whether it can sustain its growth and profitability remains to be seen.

Registered in England/Wales under the registration number 11558275, with a registered address at TW7 6DH, England, Isleworth, Flat 9 St John’S Place, 223 Twickenham Road.

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