Cocoa Loco Ltd

Cocoa Loco Ltd from Horsham UK is a small, family business with an active status, established seventeen years ago. The company employs sixteen people and holds £328,908 in assets, operating from a real address. With three directors and two owners, Cocoa Loco runs an e-commerce site specializing in organic, fairtrade chocolate and related gifts. It’s an irregular importer of machinery, boilers, and mechanical appliances, parts, with the last import operation occurring two months ago. Similarly, it’s an irregular exporter of cocoa and cocoa products, with the last export operation dating back to January 2018.

The company’s website showcases a wide range of chocolate products, from baked bars and buttons to chocolate lollies and making kits, catering to various tastes and dietary preferences, including vegan and organic options. The site also highlights a commitment to ethical sourcing, emphasizing fairtrade practices and plastic-free packaging. They even offer corporate gifting options and custom chocolate bars.

Financially, Cocoa Loco Ltd presents a mixed picture. Cash bank on hand increased by a significant 170% to £54,000, a positive sign. However, net assets plummeted 1000% to -£140,000, a concerning trend. Bank borrowings surged by 10%, reaching £190,000, while trade creditors rose 75%, to £130,000. It’s a small company, meeting two of three criteria for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The increase in liabilities and the negative equity are worrying, though, and suggest the company may be burning through cash. No auditor is mentioned, as is typical for a small, exempt company. The company’s future hinges on its ability to maintain sales and manage its growing debt load.

Registered in England/Wales under the registration number 06317582, with a registered address at RH13 8LG, Horsham, West Sussex, The Chocolate Barn Hill House Farm Worthing Road, West Grinstead.

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