Cocoon Collection Ltd

Cocoon Collection Ltd, based in Wellingborough, UK, is a small, active company established nineteen years ago. Employing twelve people and holding £269,209 in assets, it operates a thriving e-commerce site with a stellar 5.0 Google rating from three reviews. The company is run by three directors and one owner, and occasionally exports cocoa and cocoa products—just two months of export activity were recorded, the last in 2023. It’s a retail business specializing in corporate gifts, hampers, and baskets, catering to a wide range of occasions and clients. The website showcases a diverse selection of products, from mini retro sweet boxes to champagne grazing hampers, and even offers bespoke gift options with branding.

The company's website clearly highlights a focus on employee appreciation, well-being, and seasonal gifting, with dedicated sections for Easter, staff rewards, and bespoke creations. It even has a 20-year anniversary celebration banner, suggesting a long-standing presence in the corporate gifting market. The site also emphasizes sustainability, with signature hamper boxes made from recycled materials.

Financially, Cocoon Collection Ltd presents a mixed picture. Current assets increased by 43% to £270,000, which is good news. However, net assets decreased by 100% to just £64, a significant drop. Creditors rose substantially, both within and after one year, suggesting increased borrowing. Bank borrowings increased, and cash reserves fell. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 10 employees) allows for flexibility, but the decline in equity is concerning. With no auditor mentioned, the figures are unaudited.

Overall, Cocoon Collection Ltd appears to be navigating a period of change. While the e-commerce site is performing well and the company is celebrating a milestone anniversary, the financial data suggests potential challenges ahead.

Registered in England/Wales under the registration number 05572665, with a registered address at NN8 4TG, England, Wellingborough, 11 Vaux Road, Finedon Road Industrial Estate.

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