COCOBA LIMITED

🌳Matureactive
07292655 · ltd · incorporated 2010-06-23
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
year to Jun 2025
Net worth
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: SIC 10821
Sector: Manufacturing
ALSO REGISTERED FOR
  • 46360Wholesale of sugar and chocolate and sugar confectionery
  • 47910Retail sale via mail order houses or via Internet
  • 56102Unlicenced restaurants and cafes
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 73/100 (strong), bankability 67/100. Strong seller-intent signal (68/100, director aged 48). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 13.0y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 13.0 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 4 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
55 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-06-302024-06-30
Average employees614900

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2026-03-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-02-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-02-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2025-02-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-02-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2025-01-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2024-07-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2024-07-11
    🔒
    Charge registered #3
    Lender: Lloyds Bank PLC
  10. 2024-06-18
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2024-06-18
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2024-06-18
    🔓
    Charge satisfied #2
  13. 2024-06-18
    🔓
    Charge satisfied #1
  14. 2024-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2023-03-31
    LITTON, Louise Rachel appointed
    director
  16. 2023-03-31
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2023-03-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2022-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2021-03-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2020-06-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2019-09-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  22. 2019-09-11
    🔒
    Charge registered #2
    Lender: Hsbc Invoice Finance (UK) LTD
  23. 2019-03-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2013-07-08
    🔒
    Charge registered #1
    Lender: Hsbc Bank PLC
  25. 2010-06-23
    🏢
    Company incorporated
    As COCOBA LIMITED
  26. 2010-06-23
    LITTON, Darren appointed
    director

Owner dependency

81/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 16 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

59/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 16 years.
  • secondaryStable-but-static management: Company is 16 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med · 1 low
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Darren Litton
Individual · Australian · DOB 04/1978 · age 48
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2010-06-23
Jurisdictionengland-wales
Primary SIC10821 — SIC 10821

Registered office

Wessex House
Teign Road
Newton Abbot
Devon
TQ12 4AA
United Kingdom

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-02-14
Last: 2026-01-31

Officers (2 active · 0 resigned)

LITTON, Darren
director · ~48y · appointed 2010-06-23
View their other companies + combined net worth →
Active
LITTON, Louise Rachel
director · ~44y · appointed 2023-03-31
View their other companies + combined net worth →
Active

Click a director name to see their full track record across all companies.

Mortgages & charges

3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge11/07/2024
satisfied
HSBC
Hsbc Invoice Finance (UK) LTD
A registered charge11/09/201918/06/2024
satisfied
HSBC
Hsbc Bank PLC
A registered charge1 property08/07/201318/06/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (55 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-26
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-02-03
change-person-director-company-with-change-date
officers · CH01
2025-02-03
change-person-director-company-with-change-date
officers · CH01
2025-02-03
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-02-03
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-07-12
mortgage-satisfy-charge-full
mortgage · MR04
2024-06-18
mortgage-satisfy-charge-full
mortgage · MR04
2024-06-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-14
appoint-person-director-company-with-name-date
officers · AP01
2023-03-31