Ecigw Limited
Registered name: ECIGW LIMITED
Part of Myee Limited groupEcigw Limited made £15.4m revenue and £1.2m profit in the year to 31 Dec 2025. read from filing text
Ecigw Limited’s revenue fell 14% to £15.4m in the year to 31 Dec 2025, with £1.2m profit and 22 employees. The company is classified under “manufacture of other chemical products” and is based in Peterborough; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Peterborough, East of England
- Age
- 6 yrs · since 2019
- 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: “The company's immediate parent is Electronic Cigarettes Holdings Limited, incorporated in England & Wales.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £18.1m | £15.4m |
| Cost of sales | — | — | £13.1m | £11.5m |
| Gross profit | — | — | £5m | £3.9m |
| Operating profit | — | — | £3.1m | £1.6m |
| Profit before tax | — | — | £3.1m | £1.6m |
| Profit after tax | — | — | £2.4m | £1.2m |
| Profit (best available) | — | — | £2.4m | £1.2m |
| Staff costs | — | — | £819k | £1m |
| Employees (average) | 54 | 20 | 18 | 22 |
| Ratios | ||||
| Profit margin | — | — | 13.2% | 7.7% |
| Gross margin | — | — | 27.7% | 25.5% |
| Revenue per employee | — | — | £1m | £702k |
| Profit per employee | — | — | £132k | £53.9k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▼14.5% |
| Profit growth | — | — | — | ▼50.1% |
| Headcount growth | — | ▼63% | ▼10% | ▲22.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £518k | £404k | £585k | £260k |
| Net assets | £1.2m | £2.1m | £3.1m | £3m |
| Fixed assets | £202k | £80.2k | £388k | £265k |
| Current assets | £3.5m | £4.7m | £5.2m | £4.9m |
| Debtors | £120k | £402k | £166k | £88.1k |
| Deferred income | £45.5k | £191k | £38.8k | £37.3k |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 7.7%
- Profit ÷ revenue.
- Gross margin
- 25.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £702k
- Revenue ÷ average employees.
- Profit per employee
- £53.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.6%
- 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
- ▼4%
- Now £3m
- Cash at bank
- ▼55%
- Now £260k
- Headcount
- ▲22%
- Now 22
- Deferred income
- ▼4%
- Now £37.3k
- Fixed assets
- ▼32%
- Now £265k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Myee Limitedultimate parent75–100%
- Evaporiser Limited75–100%
- Electronic Cigarettes Holdings Limited75–100%
- Ecigw Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- RF Vapes LimitedFigures not disclosed
Sister companies (1)
- Electronic Cigarettes LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.2m), from the Companies House accounts bulk data published Sep 2026. 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.