How much does Acme Vape Ltd make?

Acme Vape Ltd reported revenue of £79.4m and £8.1m profit in the year to 28 Feb 2025, according to its accounts filed at Companies House.

How many employees does Acme Vape Ltd have?

Acme Vape Ltd reported an average of 150 employees in the year to 28 Feb 2025.

Is Acme Vape Ltd profitable?

Yes — Acme Vape Ltd reported a profit of £8.1m in the year to 28 Feb 2025.

Company No. 10003856 · Incorporated 15 Feb 2016

Acme Vape Ltd

Registered name: ACME VAPE LTD

Part of Hadi SM Investments Ltd group

Acme Vape Ltd made £79.4m revenue and £8.1m profit in the year to 28 Feb 2025.

Acme Vape Ltd’s revenue grew 52% to £79.4m in the year to 28 Feb 2025, with £8.1m profit and 150 employees. The company is classified under “wholesale of chemical products” and is based in Preston; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46750Wholesale of chemical products

Status: Active
Location: Preston, North West
Age: 10 yrs · since 2016
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.

Latest accounts · year to 28 Feb 2025

Key figures

Capital-lightOperating leverage

Revenue

£79.4m

Growth ▲52.4%

Profit

£8.1m

Growth ▲85.8%

Profit margin

10.1%

Gross 31.1%

Employees

150

Change ▲22.9%

Profit / employee

£53.7k

Revenue/employee £530k

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	28 Feb 2022	28 Feb 2023	29 Feb 2024	28 Feb 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£19.6m	£39.5m	£52.1m	£79.4m
Cost of sales	£12.7m	£30m	£30.9m	£54.7m
Gross profit	£6.8m	£9.5m	£21.2m	£24.7m
Operating profit	£1.7m	£1.2m	£6.1m	£10.8m
Profit before tax	£1.6m	£1.1m	£6.1m	£10.8m
Profit after tax	£1.3m	£949k	£4.3m	£8.1m
Profit (best available)	£1.3m	£949k	£4.3m	£8.1m
Staff costs	£1.8m	£2.3m	£3.4m	£4.6m
Employees (average)	—	155	122	150
Ratios
Profit margin	6.6%	2.4%	8.3%	10.1%
Gross margin	34.9%	24.1%	40.8%	31.1%
Revenue per employee	—	£255k	£427k	£530k
Profit per employee	—	£6.1k	£35.5k	£53.7k
Cash conversion	—	−324%	−45.2%	—
Growth (year on year)
Revenue growth	—	▲101.9%	▲31.9%	▲52.4%
Profit growth	—	▼26.9%	▲356.9%	▲85.8%
Headcount growth	—	—	▼21.3%	▲22.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.4m	£5m	£7.3m	£5.5m
Net assets	£4m	£4.9m	£9.3m	£14.2m
Fixed assets	£433k	£1.1m	£865k	£871k
Current assets	£9m	£13.2m	£29.6m	£35.5m
Debtors	£3.7m	£4m	£9.7m	£4.4m
Deferred income	—	£43.4k	£7.4m	£3.3m
Cash from operations	—	−£3.9m	−£2.8m	—
Source	Accounts · bulk data Mar 2024	Accounts · bulk data Mar 2024	FullAccounts · bulk data Nov 2024	FullAccounts · bulk data Nov 2025

Derived from the latest filing

How the business works

Profit margin: 10.1%; Profit ÷ revenue.
Gross margin: 31.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £530k; Revenue ÷ average employees.
Profit per employee: £53.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 4.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 5.6%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: ▲53%; Now £14.2m
Cash at bank: ▼25%; Now £5.5m
Headcount: ▲23%; Now 150
Deferred income: ▼55%; Now £3.3m
Fixed assets: ▲1%; Now £871k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Hadi SM Investments Ltdultimate parent75–100%
Ivg Holdings Ltd75–100%
Acme Vape Ltdthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (4)

Acme E-Commerce LtdFigures not disclosed
Hadi SM Civils LtdFigures not disclosed
Hadi SM Developements LtdFigures not disclosed
Ivg Compliance LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 28 Feb 2025 (profit £8.1m), from the Companies House accounts bulk data published Nov 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.