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Is Coconuts Naturally Still in Business? (2026 Update)

Coconuts Naturally product

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Coconuts Naturally pitched organic, dairy-free ice cream in series 16, with founder Cecily Mills after seventy-five thousand pounds for thirty percent of the business, a deal Jenny Campbell took on.

Public filings describe the company later calling in liquidators.

A Rare Product That Won Peter Jones Over

Non-dairy organic ice cream was a genuinely uncommon sight on UK shelves at the time of filming, and reporting describes Peter Jones being unusually enthusiastic about the taste itself, calling it among the best ice cream he had tried, which helped draw multiple offers rather than just one.

Multiple Dragons competing for the same small food brand is not the norm, and it usually says as much about the product tasting genuinely good in the room as it does about the numbers on the slide.

What Happened After The Rebrand

Records on file describe the business later trading as Cecily's before calling in liquidators, with supply chain disruption cited as a major factor, specifically a shortage of the CO2 and dry ice the product needed for manufacturing and storage, compounded by rising raw material costs and pandemic-era sourcing problems.

A CO2 and dry ice shortage was a specific, documented squeeze on frozen food producers of that period, and a small manufacturer has far less buying power to ride it out than a national brand.

Note: Based on the public record; company situations can change, so treat this as a snapshot.

Published by Dragons Den Hub, April 2026.