first vape limited

1.5

first vape limited Company Information

Share FIRST VAPE LIMITED
Dissolved 

Company Number

10655074

Registered Address

6 camden street, plymouth, devon pl48nw, PL4 8NW

Industry

Agents involved in the sale of food, beverages and tobacco

 

Telephone

01912630629

Next Accounts Due

August 2024

Group Structure

View All

Shareholders

michael pickard 100%

first vape limited Estimated Valuation

£707

Pomanda estimates the enterprise value of FIRST VAPE LIMITED at £707 based on a Turnover of £5.1k and 0.14x industry multiple (adjusted for size and gross margin).

first vape limited Estimated Valuation

£0

Pomanda estimates the enterprise value of FIRST VAPE LIMITED at £0 based on an EBITDA of £-13 and a 4.56x industry multiple (adjusted for size and gross margin).

first vape limited Estimated Valuation

£0

Pomanda estimates the enterprise value of FIRST VAPE LIMITED at £0 based on Net Assets of £-1.3k and 2.52x industry multiple (adjusted for liquidity).

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First Vape Limited Overview

First Vape Limited is a dissolved company that was located in devon pl48nw, PL4 8NW with a Companies House number of 10655074. It operated in the agents involved in the sale of food, beverages and tobacco sector, SIC Code 46170. Founded in March 2017, it's largest shareholder was michael pickard with a 100% stake. The last turnover for First Vape Limited was estimated at £5.1k.

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First Vape Limited Health Check

Pomanda's financial health check has awarded First Vape Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £5.1k, make it smaller than the average company (£10.1m)

£5.1k - First Vape Limited

£10.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 45%, show it is growing at a faster rate (2.7%)

45% - First Vape Limited

2.7% - Industry AVG

production

Production

with a gross margin of 8.2%, this company has a higher cost of product (15.7%)

8.2% - First Vape Limited

15.7% - Industry AVG

profitability

Profitability

an operating margin of -0.3% make it less profitable than the average company (2.1%)

-0.3% - First Vape Limited

2.1% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (18)

1 - First Vape Limited

18 - Industry AVG

paystructure

Pay Structure

on an average salary of £46.4k, the company has an equivalent pay structure (£46.4k)

£46.4k - First Vape Limited

£46.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £5.1k, this is less efficient (£506.4k)

£5.1k - First Vape Limited

£506.4k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - First Vape Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 81 days, this is slower than average (46 days)

81 days - First Vape Limited

46 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - First Vape Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - First Vape Limited

- - Industry AVG

debtlevel

Debt Level

There is insufficient data available for this Key Performance Indicator!

- - First Vape Limited

- - Industry AVG

FIRST VAPE LIMITED financials

EXPORTms excel logo

First Vape Limited's latest turnover from March 2021 is estimated at £5.1 thousand and the company has net assets of -£1.3 thousand. According to their latest financial statements, we estimate that First Vape Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2021Mar 2020Mar 2019Mar 2018
Turnover5,0552,3011,8851,663
Other Income Or Grants0000
Cost Of Sales4,6402,0851,7081,512
Gross Profit415216176152
Admin Expenses428585535748
Operating Profit-13-369-359-596
Interest Payable0000
Interest Receivable0000
Pre-Tax Profit-13-369-359-596
Tax0000
Profit After Tax-13-369-359-596
Dividends Paid0000
Retained Profit-13-369-359-596
Employee Costs46,44342,72340,12040,197
Number Of Employees1111
EBITDA*-13-369-359-596

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2021Mar 2020Mar 2019Mar 2018
Tangible Assets0000
Intangible Assets0000
Investments & Other0000
Debtors (Due After 1 year)0000
Total Fixed Assets0000
Stock & work in progress0000
Trade Debtors072141100
Group Debtors0000
Misc Debtors0000
Cash0000
misc current assets0000
total current assets072141100
total assets072141100
Bank overdraft0000
Bank loan0000
Trade Creditors 1,0371,090790696
Group/Directors Accounts0000
other short term finances0000
hp & lease commitments0000
other current liabilities0000
total current liabilities1,0371,090790696
loans0000
hp & lease commitments0000
Accruals and Deferred Income3003063060
other liabilities0000
provisions0000
total long term liabilities3003063060
total liabilities1,3371,3961,096696
net assets-1,337-1,324-955-596
total shareholders funds-1,337-1,324-955-596
Mar 2021Mar 2020Mar 2019Mar 2018
Operating Activities
Operating Profit-13-369-359-596
Depreciation0000
Amortisation0000
Tax0000
Stock0000
Debtors-72-6941100
Creditors-5330094696
Accruals and Deferred Income-603060
Deferred Taxes & Provisions0000
Cash flow from operations0000
Investing Activities
capital expenditure0000
Change in Investments0000
cash flow from investments0000
Financing Activities
Bank loans0000
Group/Directors Accounts0000
Other Short Term Loans 0000
Long term loans0000
Hire Purchase and Lease Commitments0000
other long term liabilities0000
share issue0000
interest0000
cash flow from financing0000
cash and cash equivalents
cash0000
overdraft0000
change in cash0000

first vape limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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First Vape Limited Competitor Analysis

BETA
competitor_analysis_table_img

Perform a competitor analysis for first vape limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other undefined companies, companies in PL4 area or any other competitors across 12 key performance metrics.

first vape limited Ownership

FIRST VAPE LIMITED group structure

First Vape Limited has no subsidiary companies.

Ultimate parent company

FIRST VAPE LIMITED

10655074

FIRST VAPE LIMITED Shareholders

michael pickard 100%

first vape limited directors

First Vape Limited currently has 2 directors. The longest serving directors include Mr Michael Pickard (Mar 2017) and Ms Michaela MacReady-Bryan (Mar 2018).

officercountryagestartendrole
Mr Michael PickardEngland66 years Mar 2017- Director
Ms Michaela MacReady-BryanEngland65 years Mar 2018- Director

P&L

March 2021

turnover

5.1k

+120%

operating profit

-13

0%

gross margin

8.3%

-12.69%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2021

net assets

-1.3k

+0.01%

total assets

0

-1%

cash

0

0%

net assets

Total assets minus all liabilities

first vape limited company details

company number

10655074

Type

Private limited with Share Capital

industry

46170 - Agents involved in the sale of food, beverages and tobacco

incorporation date

March 2017

age

7

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

incorporated

UK

address

6 camden street, plymouth, devon pl48nw, PL4 8NW

last accounts submitted

March 2021

first vape limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We did not find charges/mortgages relating to first vape limited.

charges

first vape limited Companies House Filings - See Documents

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