Wilsonsvapes Ltd

Wilsonsvapes Ltd from Sheffield, UK, is a small, active company founded four years ago. With just two employees and a 5.0 Google rating from 38 reviews, it’s a promising venture. The company, owned and directed by Wilson Paul Derek and Wilson Susan Kim, operates from a real address and boasts a solo founder. It’s an e-commerce site selling vaping products and accessories.

The company’s website, Wilsonsvapes, is a fully functioning online store. It showcases a wide range of products, including OXVA devices, ELF BAR eliquids, and various kits and accessories. The site is well-organized, with clear product descriptions, high-quality images, and a user-friendly shopping cart. It offers a variety of deals and bundles to attract customers. The site also has a blog with articles about vaping and safety tips.

Financially, Wilsonsvapes Ltd presents a mixed picture. While cash bank on hand increased by 18% to £2,700, net current assets liabilities remained steady at -£7,600. Creditors increased by 4.4% to £10,000, and property, plant, and equipment decreased by 15% to £3,000. Equity also declined by 13% to -£4,700. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, and the figures are unaudited. The decrease in equity and increase in creditors could indicate the company is burning through cash to fuel growth, but the increase in cash reserves suggests it’s managing its finances reasonably well. The lack of employees could mean the founder is doing most of the work, which is common for startups.

Registered in England/Wales under the registration number 13125042, with a registered address at S6 4JW, England, Sheffield, 106, Hill & Co Accountants Holme Lane.

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