Cocogymbo Ltd

Cocogymbo Ltd is a small, active company based in Smethwick, UK, founded two years ago in May 2022. It’s a solo-founded operation with a single director and owner, Karabulut Kemal, and holds £4,129 in assets. The company operates an e-commerce site, selling tracksuits, hoodies, and t-shirts, and is registered at a real address. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees.

The company's website, cocogymbo, showcases a range of tracksuits, sweatshirts, and hoodies, emphasizing "affordable luxury" and "obsessive attention to detail." It offers classic velour tracksuits in various colors and styles, alongside branded hoodies with unique designs. The site highlights fast shipping and a commitment to customer service, and it’s clear that they are trying to build a brand with a distinct personality. There’s a mailing list signup and links to social media, which suggests they're investing in online marketing.

Financially, Cocogymbo Ltd presents a mixed picture. Current assets have increased by 110% to £4,100, which is good, but net assets are still negative at -£540. Bank borrowings have increased significantly, and cash reserves are only £2,100. Creditors have also increased, which could be a concern. The lack of employees (zero reported) suggests a very lean operation. The accounts are “filleted” and unaudited, so the figures rely on director-reported data.

While Cocogymbo Ltd’s e-commerce site appears active and well-designed, the financials suggest the company is still working to establish a solid foundation. It’s a common challenge for startups, and whether they can sustain growth remains to be seen.

Registered in England/Wales under the registration number 14126012, with a registered address at B67 5DS, England, Smethwick, 29 Bishopton Road.

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