Chameleon Codewing Limited

Chameleon Codewing Ltd, based in Colchester, UK, is a small holding company with an active status, having been established 35 years ago in 1990. Employing 38 people, the company holds assets totaling £2,335,603. With four directors and a single owner, Chameleon Codewing operates from a real address and regularly imports and exports electrical machinery and equipment—409 months of imports and 59 months of exports recorded.

The company’s website reveals a multifaceted business. Initially founded as Nationwide Cellular Fit, Chameleon Codewing has evolved into a supplier of vehicle tracking systems, dashboard cameras, lightbars, and beacons. It also offers installation services and specializes in restoring and integrating technology into high-end pianos, even maintaining a showroom in Harrods. The website highlights a corporate guarantee for installation services and a focus on providing aftermarket motoring-related products. It even owns Codewing Communications Limited.

Financially, Chameleon Codewing’s recent performance shows some interesting trends. Current assets have decreased by 13%, dropping to £2,300,000, while net assets have increased by 3.2% to £1,400,000. Bank borrowings have decreased by 41%, reaching £64,000, and cash reserves have fallen by 66% to £130,000. Creditors have also decreased by 32%, suggesting better management of its debts. The company meets the criteria for a small business—with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees—and, as a small company, it is exempt from an audit.

While the company’s financial picture isn't alarming, the decrease in cash reserves could indicate a need to manage working capital more effectively. The diverse range of businesses—from vehicle tracking to piano restoration—suggests a company that’s adaptable and willing to explore new opportunities, although it might also be spreading its resources thin.

Registered in England/Wales under the registration number 02472939, with a registered address at CO2 9JT, England, Colchester, Essex, 97 Gosbecks Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.