Cocofina Ltd

Cocofina Ltd, based in Ruislip, UK, is a small, active company founded fourteen years ago in 2010. With three employees and £170,385 in assets, it operates from a virtual address, managed by a single director and owner. The company runs an e-commerce site and regularly imports and exports prepared or preserved plant-based foods—33 months of import activity and 17 months of export activity recorded.

The company's website, Cocofina, showcases a range of organic coconut products, including water, oil, amino, and more. It highlights a focus on "honest, healthy, and innovative" food, alongside a commitment to ethical sourcing and minimizing environmental impact. The site features recipes, a "Dragons Den" section, and a story about founder Jacob Thundil, who hails from Kerala, India, and has been passionate about coconuts for years. The website also sells bulk ingredients.

Financially, Cocofina Ltd shows a mixed picture. Current assets decreased by 29%, dropping to £170,000, while net assets also fell by 12%, settling at £21,000. Bank borrowings decreased by 15%, reaching £30,000, and cash reserves increased by 57%, rising to £41,000. Trade debtors decreased by 50%, suggesting better debt collection, but creditors also fell by 36%, which could be a sign of reduced supplier payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the decrease in assets is something to keep an eye on. As a small company, Cocofina Ltd is exempt from an audit, so these figures are unaudited.

The company’s focus on organic and ethical sourcing seems to be resonating with customers, as evidenced by the website’s emphasis on quality and sustainability. However, the financial data suggests that Cocofina Ltd is facing some challenges in managing its cash flow and maintaining a healthy balance sheet.

Registered in England/Wales under the registration number 07358842, with a registered address at HA4 9UU, England, Ruislip, C/O Diverset Ltd, 258 Field End Road.

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