Cocobean Gifts Limited

Cocobean Gifts Limited, based in Putney, London, is a small, active company founded five years ago in 2020. It’s a solo-founded operation with two directors and one owner, holding a perfect 5.0 Google rating from 28 reviews. The company operates in the retail sale via mail order houses or via internet, the other retail sale in non-specialised stores industries.

The company's website, Cocobean Gifts, is dedicated to curating diverse gift boxes featuring Black-owned brands. It’s clearly an e-commerce business, offering a subscription service and highlighting the power of inclusion and empowerment. The site emphasizes a "women powered, impact driven" mission, celebrating heritage and uplifting the community. They're also keen to promote their brand as "as seen on," suggesting partnerships or features in media outlets.

Financially, Cocobean Gifts Limited presents a mixed picture. Cash bank on hand increased by a remarkable 140% to £2,300, which is good news. However, net assets liabilities decreased by 65% to just £320, and equity also declined, with retained earnings and accumulated losses down 9.6%. Loans from directors increased to £2,000, and creditors are at £2,000. The company meets two of three criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are described as "filleted" and "unaudited," and were prepared using Taxfiler software. There's no auditor mentioned, which is common for small companies.

Overall, Cocobean Gifts Limited seems to be navigating early-stage challenges. The increased cash reserves are encouraging, but the decline in equity and net assets suggests the business is burning through money. The company’s focus on social impact and Black-owned brands is a strong differentiator, but sustained financial health will be key to long-term success.

Registered in England/Wales under the registration number 12554692, with a registered address at SW15 3BE, Putney, London, 467 Tildesley Road.

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