LocoSoco
LocoSoco Group PLC is a UK-based sustainability platform curating eco-friendly products, services, and technologies—including open banking payments, plastic-to-fuel conversion, automated retail, free community e-commerce, and (via Qintelligence) AI-powered ESG reporting—and distributing them through 700+ independent UK retailers, approximately 100 sustainable brand partners, and community organisations.
- Company typePublic
- Founded2016
- HeadquartersLondon, United Kingdom
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What LocoSoco does
LocoSoco Group PLC is a UK-registered holding company operating a sustainability-focused B2B and B2C platform through two wholly-owned subsidiaries, LocoSoco Limited (operating entity) and LocoCoin Limited (rewards/incentive programme). The company curates and distributes eco-friendly products, services, and technologies including an Open Banking-based payment system (QR/SMS bank-to-bank transfers at 0.5% transaction fees), the SulNOX Eco fuel conditioner, plastic-to-oil waste conversion technology rated at 5,000 kg/day throughput, atmospheric water generation, automated retail vending built on Vendlive hardware, free e-commerce infrastructure for community organisations (OurCommunity.Store), and an employment partnership that returns 1% of gross payroll to participating employers.
Revenue is generated through wholesale distribution margins on sustainable products, affiliate commissions from brand partners, e-commerce and licensing fees, and now (post-Qintelligence) ESG platform services. Distribution is via a network of over 700 independent UK retailers under major symbol groups (Best-one, Budgens, Costcutter, Nisa, One-Stop, Premier, simplyfresh, Spar) alongside direct e-commerce and community storefronts. The company previously listed on the Wiener Börose Direct Market under ticker LOCO (ISIN GB00BD5BTL23) and voluntarily delisted effective 20 November 2023 after failing to complete statutory audits within the mandated window, leaving it as a non-listed PLC with dematerialised shares.
In January 2024, LocoSoco completed the £11.6 million share-funded acquisition of Qintelligence Commercial Brokers LLC, an AI-powered ESG reporting platform intended to anchor a re-listing and a pivot toward UAE and GCC markets. As of the April 2025 shareholder update, the company remains operational but is in critical financial distress, requiring £500,000 in emergency capital to clear £230,000 of liabilities, fund £60,000 of audit fees, and avoid closure, with the CEO indicating willingness to forgo £120,000 in accumulated unpaid wages.
LocoSoco firmographics
Firmographics- Name
- LocoSoco
- Legal name
- LocoSoco Group PLC
- Website
- https://locoso.co
- Company type
- Public
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- LocoSoco Group PLC is a UK-based sustainability platform curating eco-friendly products, services, and technologies—including open banking payments, plastic-to-fuel conversion, automated retail, free community e-commerce, and (via Qintelligence) AI-powered ESG reporting—and distributing them through 700+ independent UK retailers, approximately 100 sustainable brand partners, and community organisations.
- Ownership category
- akta.pro rank
LocoSoco industry classification
Industry- Product category
- Sustainable Retail Distribution
- akta.pro primary industry
- Sporting Goods & Outdoor Inventory-led Online Retailers (CRAFADAJ)
- akta.pro secondary industry
- Natural/Organic Food Co-ops & Community Natural Grocers (CRAHAEAJ)
Keywords
Where LocoSoco is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices3 records
Markets served
LocoSoco business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
Revenue model
- Wholesale Distribution: Wholesale distribution margins on eco-friendly and sustainable products sold through the network of retail partners and direct channels.
- Affiliate Marketing: Commission revenue from affiliate marketing arrangements with sustainable product brands and retailers.
- E-commerce Solutions: E-commerce platform services for SMEs and community organizations, providing online store infrastructure and payment processing.
- Community Enterprise Licensing: Licensing revenue from the FairShares community enterprise model, enabling organizations to adopt the social enterprise structure.
Go-to-market motion3 records
Distribution channels3 records
Marketing channels4 records
LocoSoco product offering
Product offeringCore offering
LocoSoco curates and distributes sustainable products, services, and environmental technologies through a network of more than 700 independent UK retailers and approximately 100 brand partners. The company operates a free e-commerce platform (OurCommunity.Store) for charities, schools, and community organizations to generate fundraising income, and provides proprietary and partner technologies including open banking payment systems, plastic-to-fuel waste conversion, atmospheric water generation, automated retail vending, and fuel conditioning.
Product overview
LocoSoco is a sustainability-focused platform operating as both B2B and B2C, delivering eco-friendly products, services, and technologies through two operating subsidiaries (LocoSoco Limited and LocoCoin Limited). The core product portfolio includes Open Banking Payment Systems (QR-based instant payments at 0.5% fees), SulNOX Eco Fuel Conditioner (fuel efficiency and emissions reduction), Plastic Waste Conversion Technology (plastic-to-oil processing), Automated Retail Solutions (AI-powered vending), AQV Atmospheric Water Generation (atmospheric water capture), OurCommunity.Store (free e-commerce for community organisations), and Employment Partnership (1% payroll rebate service). The company acquired Qintelligence, an AI-powered ESG reporting platform, as a strategic asset for regulatory compliance and sustainability analytics. LocoSoco distributes through over 700 independent UK retailers and partners with approximately 100 sustainable brands.
Differentiator
Problem solved
Functional benefit
Brands
- OurCommunity.Store: Free online stores for charities, schools, sports clubs and community organisations to help them introduce products whilst raising funds for projects and causes.
Products and services
- Open Banking Payment Systems QR code and SMS-based payment system using Open Banking technology for instant bank-to-bank transfers with 0.5% transaction fees, integrated with major UK banks including Lloyds, Barclays, HSBC, Nationwide, NatWest, Santander, Halifax, Revolut, Monzo, Starling, RBS, Danske, and First Direct.
- SulNOX Eco Fuel Conditioner Universal biodegradable fuel conditioner that emulsifies fuel components prior to combustion, increasing fuel efficiency by approximately 10%, reducing CO2 emissions by up to 30%, reducing particulate matter by over 50%, and extending engine life. Distributed to consumers and businesses through the LocoSoco retail network.
- Plastic Waste Conversion Technology Thermal-kettle based plastic-to-oil system that converts non-recyclable and mixed plastic waste into usable oil. Self-powered, modular 40ft shipping container units process up to 5,000 kg of plastic per day into 5,000 litres of usable oil.
- Automated Retail Solutions Touchscreen vending machines and hot/cold drinks solutions in partnership with Vendlive Technologies. Features up to 42 SKU capacity, AI-powered stock management, digital signage, and touchless operation with UV-C sterilisation. Sold to retailers and businesses.
- AQV Atmospheric Water Generation Low-energy water capture technology producing drinking water from the atmosphere. Generates 6,681 litres per day from a 20ft shipping container with 25-year lifespan at $0.02 per litre, powered by sustainable energy.
- OurCommunity.Store Free personalised online store platform for charities, schools, sports clubs, and community organisations to sell sustainable products and raise funds for projects and causes. Setup takes under 10 minutes.
- Employment Partnership Zero-cost employment partnership generating a guaranteed 1% rebate on gross payroll for employers. Includes PayAssist early wage access, employee benefits platform with 1,000+ retailer discounts, and wellbeing modules.
- Qintelligence ESG Reporting Platform AI-powered Environmental, Social, and Governance (ESG) reporting platform providing automated sustainability reporting with predictive analytics. Captures and analyses carbon footprint, climate change mitigation, waste management, and energy efficiency data to generate ESG reports for regulatory compliance. Initial market focus on UAE and GCC region.
Quantifiable outcome
- Plastic waste conversion capacity of 5,000 kg per day
- +1 more outcomes
Companies that use LocoSoco
Customer profileNamed customers10 records
Segments4 records
LocoSoco technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability2 records
Feature6 records
LocoSoco partnerships and signals
Strategic signalPartnerships
17 partnerships are on record, tiered core and minor.
- QintelligencecoreAcquisition target for ESG and AI platform capabilities. Transaction valued at approximately £11.6 million, announced in January 2024.
- Vendlive TechnologiescoreTechnology partner providing automated retail and vending solutions with touchscreen interfaces and touchless dispensing capabilities for LocoSoco's sustainable product distribution.
- AquovumcoreTechnology partner providing atmospheric water generation technology for sustainable water solutions integrated into LocoSoco's environmental product portfolio.
- AzeliocoreSustainable energy technology partner providing distributed energy generation solutions for LocoSoco's environmental technology offerings.
- SulNOXcoreTechnology partner providing SulNOX fuel conditioner technology that emulsifies fuel components prior to combustion for improved efficiency and reduced emissions.
- Athletic Brewing Co.coreSustainable non-alcoholic craft beer brand partner distributed through LocoSoco's network of independent UK retailers.
- Delphis EcocoreEco-friendly cleaning products brand distributed through LocoSoco's retail network.
- Faith-in-NaturecoreNatural and organic personal care products brand distributed through LocoSoco's retail network.
- FungtnminorFunctional mushroom beverage brand partner in LocoSoco's sustainable product portfolio.
- Kure OxygenminorOxygen beverage brand partner distributed through LocoSoco's sustainable product channels.
- Toms TeascoreEthical tea brand partner distributed through LocoSoco's network of independent UK retailers.
- zcep.co.ukminorEmployment partnership partner providing workforce and employment-related services.
- Keswick Global AGminorCapital Market Coach providing financial advisory services. Located in Vienna, Austria.
- Novus Communications LtdminorInvestor Relations advisory partner located in London, managing shareholder communications and investor relations.
- UHY Hacker YoungminorExternal auditor providing audit and accounting services. One of the UK's top 20 accountancy firms.
- Fieldfisher LLPminorLegal adviser providing corporate and commercial legal services. International law firm with London office.
- Avenir Registrars LimitedminorShare registrar managing share registration and shareholder services for LocoSoco.
Scale indicators8 records
Recent moves7 records
Expansion highlights6 records
LocoSoco competitors and assessment
Company assessmentEmerging players
- Ecologi: Ecologi is a B2B/B2C climate-action platform funding reforestation and carbon-removal projects with subscription and marketplace mechanics — comparable community/sustainability narrative and consumer-brand distribution model to LocoSoco's brand-partner ecosystem.
- Olio: Olio is a community-driven sharing app that redistributes surplus food and consumer goods among local users — shares LocoSoco's community-empowerment ethos and grassroots sustainability mission, though via a mobile-first sharing model rather than wholesale distribution.
- Provenance: Provenance is a sustainability-claims verification platform helping consumer brands substantiate green claims — adjacent to LocoSoco's brand-partner curation model where trust and ESG credentials drive selection of the 100+ distributed brands.
Direct peers
- Persefoni: Persefoni is a climate management and accounting platform that converts emissions data into audit-grade footprints — comparable to LocoSoco's Qintelligence AI-ESG offering and targeting overlapping corporate sustainability and regulatory-compliance use cases.
- Watershed: Watershed is an enterprise carbon-accounting and ESG-reporting platform that helps companies measure, report and act on sustainability data — directly comparable to LocoSoco's Qintelligence acquisition, which provides AI-powered ESG reporting for compliance.
- Sweep: Sweep is an ESG and carbon data management platform used by mid-market and enterprise customers to centralise sustainability reporting — close functional overlap with Qintelligence and similar AI-driven disclosure automation.
Broad incumbents
- Bestway Wholesale: Bestway Wholesale supplies independent retailers and symbol groups (including Costcutter and Mace) across the UK — the dominant grocery wholesaler competing for the same shelf space LocoSoco targets with its sustainable brand portfolio.
- Booker (Tesco Wholesale): Booker is the UK's largest wholesale distributor to independent retailers (Premier, Budgens, Londis), making it the structural incumbent for the same 700+ symbol-group convenience channel LocoSoco serves with sustainable SKUs.
- Sedex: Sedex operates a global supply-chain ESG data and membership platform used by retailers and brands for supplier sustainability assessments — overlapping the buyer/supplier ESG-data workflow that LocoSoco is targeting via Qintelligence.
Others
- Funraisin: Funraisin provides charity and community-organisation fundraising e-commerce software — adjacent comparator for LocoSoco's free OurCommunity.Store offering that enables charities and schools to monetise sustainable product sales.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
LocoSoco social profiles
Digital presenceLocoSoco compliance and trust
Trust signalCompliance2 records
LocoSoco financial estimates
Financial estimateRevenue estimate
Valuation estimate
LocoSoco leadership team
Management profileNumber of profiles
LocoSoco subsidiaries and ownership
Company hierarchySubsidiaries3 records
LocoSoco funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
LocoSoco M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about LocoSoco
What does LocoSoco do?
LocoSoco curates and distributes sustainable products, services, and environmental technologies through a network of more than 700 independent UK retailers and approximately 100 brand partners. The company operates a free e-commerce platform (OurCommunity.Store) for charities, schools, and community organizations to generate fundraising income, and provides proprietary and partner technologies including open banking payment systems, plastic-to-fuel waste conversion, atmospheric water generation, automated retail vending, and fuel conditioning.
Is LocoSoco a public or private company?
LocoSoco is a public company. It is classified as public and is currently operating.
When was LocoSoco founded?
LocoSoco was founded in 2016. It employs 11 to 50 people.
Where is LocoSoco based?
LocoSoco is headquartered in London, United Kingdom, in the Europe region.
How does LocoSoco make money?
Four revenue lines are on record. Wholesale Distribution is the primary driver. The others are affiliate Marketing, E-commerce Solutions and community Enterprise Licensing.
Who are LocoSoco's main competitors?
Emerging players on record are Ecologi, Olio and Provenance. Direct peers are Persefoni, Watershed and Sweep. Broad incumbents are Bestway Wholesale, Booker (Tesco Wholesale) and Sedex. Funraisin is listed as an others.
Does LocoSoco have an API?
No public API is recorded for LocoSoco.
What industry is LocoSoco in?
LocoSoco's product category is Sustainable Retail Distribution. Its primary akta.pro industry code is CRAFADAJ, Sporting Goods & Outdoor Inventory-led Online Retailers, with a secondary code of CRAHAEAJ, Natural/Organic Food Co-ops & Community Natural Grocers.