Cocoba Limited

Cocoba Limited is a small, active company based in Newton Abbot, UK, founded fourteen years ago in 2010. Employing forty-nine people, the company holds £2,712,604 in assets and operates from a virtual address, a point to note. Two directors and a solo founder lead the business, which runs an e-commerce site specializing in cocoa and chocolate confectionery. The company regularly imports cocoa and cocoa products (34 months), with the latest import in December 2024, and exports them (72 months), with the most recent export in January 2025.

Cocoba’s website showcases a wide range of chocolate products, from hot chocolate bombs and spoons to personalized chocolate bars and gift sets. It caters to various occasions, including Easter, Mother’s Day, and birthdays, and offers options for dietary needs like vegan and dairy-free. The site even includes a dedicated section for corporate gifting and a rewards club, highlighting a focus on customer loyalty and business-to-business sales. It’s clear they’re aiming for a premium brand image, with a focus on handmade quality and unique offerings.

Financially, Cocoba Limited shows some concerning trends. Accumulated depreciation impairment property plant equipment increased by 30%, while cash bank on hand fell by 12% to £830,000. Creditors significantly increased by 270% to £2.1 million, which could indicate increased reliance on short-term financing. However, finished goods increased by 18% to £1.3 million, suggesting strong demand for their products. Trade debtors also increased by 260%, which may be a sign of delayed payments from customers, or perhaps an expansion of credit terms. Despite the drop in net assets, the company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility. No auditor is mentioned, which is typical for a small, exempt company.

Overall, Cocoba Limited appears to be a dynamic, e-commerce business with a strong brand identity. However, the increase in creditors and the decline in cash reserves warrant close monitoring. The company’s ability to manage its finances and maintain its growth trajectory will be key to its long-term success.

Registered in England/Wales under the registration number 07292655, with a registered address at TQ12 4AA, United Kingdom, Newton Abbot, Devon, Wessex House, Teign Road.

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