Vape Lounge Basildon Limited

Key Facts

Net Assets

Current: £54,630

Previous: £22,798

Change: +31,832 (+139.6%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £54,265

Previous: £62,300

Change: -£8,035 (-12.9%)

Comment: Current assets reduced noticeably.

Cash

Current: £962

Previous: £7,997

Change: -£7,035 (-88%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £105,661

Previous: £69,589

Change: +£36,072 (+51.8%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £51,396

Previous: £7,289

Change: +£44,107 (+605.1%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

Turnover

Current: Not reported

Previous: Not reported

Comment: Turnover not reported for either period, which is common for micro‑entity and small business.

Employees

Current: 4

Previous: 2

Change: +2 (+100%)

Comment: Strengthening the team.