Chococo Limited (04629552): administration
- Status
- Administration ended
- Administration began
- 2024-07-16
- Administrators
- James William Stares, William Antony Batty
- Administrators' firm
- Antony Batty
- Incorporated
- 2003-01-07
- Location
- London
- Industry
- 10821 Manufacture of cocoa and chocolate confectionery
Why it went into administration
- HMRC / tax arrears
- COVID-19
- Weak consumer demand
- Funding withdrawn / unable to refinance
- Management failings / irregularities
From the administrators' statement
Creditors should note that, unless otherwise stated, this section of my proposals has been prepared based on information provided to me by the directors of the Company and not from my personal knowledge as Administrator.
The Company was set up in 2002 by Claire & Andy Burnet who had previously worked in Marketing and Finance in FMCG blue chip companies since leaving university. Chococo Limited was incorporated in 2003 and started trading as a legal entity in July 2010 after buying “Chococo” the unincorporated business from Claire & Andy Burnet.
Both Claire & Andy Burnet were directors of Chococo Limited, and Andy Burnet also acted as Company Secretary. The Chief Financial Officer was Paul Blunden who joined in December 2021, but he was not a director of the Company. Independent financial support was provided by Azets LLP who completed the year end accounts. Legal support was provided by Frettens LLP who also advised on Company Secretarial matters. The Company’s registered office was 21c Commercial Road, Swanage, Dorset, BH19 1DF.
Administrators' statement of proposals (2024-07-25) · Companies House register