Kokoon Technology Ltd (08740486): administration
- Status
- Administration ended
- Administration began
- 2025-05-13
- Administrators
- Paul Ellison, Christopher Errington
- Administrators' firm
- KRE Corporate Recovery
- Incorporated
- 2013-10-21
- Location
- Reading
- Industry
- 26400 Manufacture of consumer electronics
Why it went into administration
- Competition / price pressure
From the administrators' statement
The Company was incorporated as Kokoon Technology Limited (“the Company”) on 21 October 2013 and commenced trading as the manufacturer of consumer electronics, specifically headphones designed to assist sleep and a corresponding app that compliments the headphones. On incorporation, the directors were Timothy Joseph Antos and Richard Andrew Hall.
Details of the change in company directorships can be found in section 1 of this report.
The Company has been funded throughout its trading period by way of private investment and fund raising and the business grew steadily over several years. The Company has never been profitable as it was attempting to grow and all losses were funded by shareholder investments and loans. When it ceased to trade, the Company employed 8 members of staff.
Administrators' statement of proposals (2025-07-11) · Companies House register