Leicestershire-based JM Wholesale described itself as the largest distributor within vaping in the UK – the company has now been plunged into administration
A major vape company has entered administration after describing itself as the largest firm of its type.
Leicestershire-based JM Wholesale supplies vape devices, e-liquids, disposable vapes and nicotine pouches. But it has now entered administration following the submission of a notice on March 20, according to the Gazette.
The company filed the notice through Shakespeare Martineau, with Christopher Lewis and Chris Newell at Quantuma named as administrators. The company offers more than 15,000 products. According to its website, it sells “trusted brands like Elf Bar, SKE Crystal, Lost Mary, ELUX, OXVA, Vaporesso, Voopoo, and Aspire”.
It has described itself as the largest distributor within the vaping, CBD and smoking category in the UK. A message on its website reads: “We are not accepting orders at this time. The website is currently undergoing maintenance. Thank you for your patience.”
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According to its latest accounts, for the year ending February 2025, the company had 47 staff members. No additional information regarding the circumstances behind the administration process has been revealed.
JM Wholesale was founded in 2017 by university students after they struggled to find the “quality products” they wanted online, Express reports.
Just four years later, the company moved to a larger premises in Leicester and hired 30 new members of staff. At the time, management said they hoped to be in the new space for the next decade.
It was also the first mainstream CBD wholesaler in the UK, and CBD is now reportedly one of the fastest-growing industries in the country.
In 2022, the company won the Business Elite Awards’ Best Vape & E-liquid Wholesaler, Global Excellence Awards’ Best CBD Distributor & Manufacturer, and the Corporate Excellence Awards’ Most Innovative Wholesale Distributor.
This comes just under a year after the ban on the sale and supply of single-use vapes came into force across the UK, aiming to reduce environmental waste and curb youth nicotine addiction.
