Eco Vape Limited
Registered name: ECO VAPE LIMITED
Eco Vape Limited made £8.2m revenue and a £378k loss in the year to 31 Oct 2024.
Eco Vape Limited’s revenue fell 53% to £8.2m in the year to 31 Oct 2024, with a loss of £378k and 36 employees. The company is classified under “manufacture of tobacco products” and is based in Alfreton; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Alfreton, East Midlands
- Age
- 11 yrs · since 2014
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “Jane Dainty, together with her husband, holds the controlling interest in the shares of the company.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £12.3m | £17.3m | £8.2m |
| Cost of sales | £9.7m | £14.6m | £6.5m |
| Gross profit | £2.6m | £2.7m | £1.7m |
| Operating profit | £484k | £177k | −£457k |
| Profit before tax | £482k | £145k | −£507k |
| Profit after tax | £379k | £29k | −£378k |
| Profit (best available) | £379k | £29k | −£378k |
| Employees (average) | 39 | 39 | 36 |
| Ratios | |||
| Profit margin | 3.1% | 0.2% | −4.6% |
| Gross margin | 21.4% | 15.4% | 20.6% |
| Revenue per employee | £316k | £443k | £228k |
| Profit per employee | £9.7k | £743 | −£10.5k |
| Cash conversion | 41.9% | 298.1% | — |
| Growth (year on year) | |||
| Revenue growth | — | ▲40.1% | ▼52.5% |
| Profit growth | — | ▼92.4% | ▼1403% |
| Headcount growth | — | 0% | ▼7.7% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £176k | £335k | £234k |
| Net assets | £2.6m | £2.6m | £2.2m |
| Fixed assets | £1.1m | £1.5m | £1.1m |
| Current assets | £5.5m | £5.5m | £3.6m |
| Debtors | £3.1m | £2.8m | £1m |
| Deferred income | £2k | £774k | £684k |
| Cash from operations | £203k | £529k | £166k |
| Source | Accounts · bulk data Sep 2024 | Accounts · bulk data Sep 2024 | FullAccounts · bulk data Jul 2025 |
How the business works
- Profit margin
- −4.6%
- Profit ÷ revenue.
- Gross margin
- 20.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £228k
- Revenue ÷ average employees.
- Profit per employee
- −£10.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 14%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 8.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 12.2%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼16%
- Now £2.2m
- Cash at bank
- ▼30%
- Now £234k
- Headcount
- ▼8%
- Now 36
- Deferred income
- ▼12%
- Now £684k
- Fixed assets
- ▼21%
- Now £1.1m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 31 Oct 2024 (profit −£378k), from the Companies House accounts bulk data published Jul 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.