Coco's Hub Ltd

11564342 Coco's Hub Ltd, based in Ilford, UK, is a small, active company established six years ago in 2018. With £79,070 in assets and a virtual address shared by seventy-four other companies, it’s a compact operation employing just two people and managed by a single director and owner. The company boasts a perfect 5.0 Google rating from nine reviews, suggesting a positive customer experience. It operates in a diverse range of industries, including wholesale trade, online retail, hairdressing, and beauty treatments.

The company’s website, Ceylon Coco Hub, reveals a focus on premium coco peat products. It’s a registered company in Sri Lanka, delivering products worldwide. They offer a comprehensive selection of coco peat products, from 25kg bales to convenient 650g briquettes, catering to gardening and hydroponic needs. The site emphasizes sustainable and eco-friendly solutions, highlighting the natural and biodegradable qualities of their products.

Financially, Coco's Hub Ltd presents a mixed picture. Current assets have decreased by 22%, falling to £62,000, and net assets have also declined by 7.9%, now standing at -£110,000. Cash reserves have seen a significant drop of 22%, reducing to £62,000. Trade debtors have increased, suggesting a possible delay in payments. On a positive note, creditors have decreased slightly, indicating better management of short-term liabilities. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. As a small company, it’s exempt from an audit, and the financial statements are unaudited.

The decrease in cash reserves and the negative equity are concerning, but the company’s strong Google rating and focus on sustainable products could help it navigate these challenges. It’s clear that Coco’s Hub Ltd is still working to establish a solid financial foundation, but its niche market and positive customer feedback offer a glimmer of hope.

Registered in England/Wales under the registration number 11564342, with a registered address at IG1 4BL, England, Ilford, 205 Ley Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.