THE COCONUT COLLABORATIVE LTD

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -0.4%

  £16,475,571 → £16,412,872

• Cash

  +345.2%

  £136,710 → £608,585

  highest in 4 filed years

• Net assets

  +77.1%

  -£6,824,209 → -£1,560,172

• Employees

  0%

  25 → 25

• Operating profit

  +38.6%

  -£1,125,734 → -£690,670

• Profit before tax

  +45.5%

  -£1,521,719 → -£829,640

• Wages

  -22.3%

  £1,991,405 → £1,547,417

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. THE COCONUT COLLABORATIVE LTD 2017-01-18 → present
2. BESSANT & DRURY LTD 2014-01-15 → 2017-01-18
3. THE FINE ICE CREAM COMPANY LIMITED 2010-12-16 → 2014-01-15

Accounting basis

FRS 102 §1A

Reporting scope

Consolidated group

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

HaysMac LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“As of 31 December 2024, the Group had a net liabilities position of £1,560,172 (2023: net liabilities position of £6,824,209), operating losses for the year of £690,670 (2023: £1,125,734) and cash of £605,966 including overdrafts (2023: £136,710). The successful completion of the Group's Series B funding in the year, supported by existing shareholders, demonstrates the continued confidence and support in the Group's long-term strategic direction. The Directors expect that net cash inflows from future operating activities in conjunction with the cash generated from the share issues to be sufficient to cover the Group's working capital requirements through to a breakeven position. The Group has also successfully launched Spooners which is expected to boost cash flows in future periods. There are mitigations available to the directors in ensuring effective working capital management as the Group aims to achieve its growth strategies. As a result of the above matters, the directors are of the view that the Group will continue as a going concern and, therefore, will realise its assets and liabilities and commitments in the normal course of business and as the amounts stated in the financial statements. The Directors remain confident about the successful achievement of projected targets and therefore no adjustments have been made to these financial statements relating to the recoverability and classification of the asset carrying amounts or the amounts and classification of liabilities that might be necessary should the Group not continue as a going concern.”

Group structure

1. THE COCONUT COLLABORATIVE LTD · parent
   1. The Coconut Collaborative BV 100% · Netherlands
   2. Spooners Desserts Limited (formerly Bon Devil Holdings Limited) 100% · United Kingdom · selling cookie dough desserts

Significant events

• “In 2024, the business underwent a full rebrand to refresh its visual identity and better align with evolving consumer expectations around health, sustainability, and innovation.”
• “The successful completion of a Series B funding round in early 2024 has strengthened the Group's financial position and enabled investment in innovation and operational efficiency.”
• “In Q4 2024, the Group also commenced sales of a new sub-brand, Spooners aimed at expanding its reach in the chilled dessert category selling cookie dough desserts.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

1

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.