ACME VAPE LTD

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +52.4%

  £52,135,028 → £79,436,251

  highest in 3 filed years

• Cash

  -25.1%

  £7,337,452 → £5,495,205

• Net assets

  +52.7%

  £9,275,936 → £14,162,288

  highest in 4 filed years

• Employees

  +23%

  122 → 150

  highest in 3 filed years

• Operating profit

  +76.3%

  £6,114,372 → £10,781,164

  highest in 3 filed years

• Profit before tax

  +77.2%

  £6,067,420 → £10,750,938

  highest in 3 filed years

• Wages

  +35.2%

  £3,090,575 → £4,177,220

  highest in 3 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. ACME VAPE LTD 2016-11-08 → present
2. ACME WAPE LTD 2016-11-07 → 2016-11-08
3. SPLASH DRINKS LTD 2016-04-26 → 2016-11-07
4. HADI GLOBAL LTD 2016-02-15 → 2016-04-26

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Watergates Ltd (Statutory Auditor)

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The director has reviewed future projections, including preparing cash flow forecasts, which they feel adequately reflect the current uncertain economic environment. After considering all relevant uncertainties, the director has a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”

Significant events

• “Subsequent to the balance sheet date, the UK Government announced legislation to prohibit the sale of disposable vaping products. The company previously generated part of its revenue from the distribution of disposable vapes. The entity has considered the potential impact of this change and does not believe it gives rise to a material uncertainty regarding the company's ability to continue as a going concern. Prior to the ban, the company had already begun diversifying its product range and shifting its focus toward alternative vaping and related products that remain compliant with legislation. Accordingly, while the ban may reduce revenue from disposable vapes in future periods, management expects this to be offset by growth in other product lines, and the overall impact on the company's operations and financial position is not expected to be significant. The entity still expects an increase in turnover in the following period.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.