Chameleonic Limited

Chameleonic Limited is a small, active company based in London, UK, founded 29 years ago in 34-35 Clarges Street, Mayfair. With just one employee and £122,775 in assets, it operates from a virtual address shared by 45 other companies, suggesting a lean structure. The company is run by one director and one owner, Longbottom Tamara Eileen.

The company’s website reveals a focus on dance and artistic development. It operates as a performing arts organization, hosting events like the "GALA" fundraiser and showcasing performances by Company Chameleon. The site also features an online shop, indicating a potential revenue stream from merchandise or ticket sales. It's clear they're actively engaging with their audience through newsletters and social media, aiming to build a "Chameleon family." They even offer space hire, diversifying their income streams.

Financially, Chameleonic Limited presents a mixed picture. While current assets are reported at £120,000, a decrease of 1.9% from the previous year, the most concerning aspect is the negative equity of -£190,000. Cash bank on hand has fallen significantly by 58%, dropping to just £240. Creditors have decreased slightly to £300,000, which could be a positive sign of improved debt management, but the substantial losses and dwindling cash reserves are worrying. The company's small size—meeting two of three criteria for a small company—allows for flexibility, but the negative equity suggests it’s burning through money. The lack of an auditor mentioned, as is typical for small companies, means these figures are unaudited.

It seems Chameleonic Limited is facing financial challenges, despite its artistic endeavors and community engagement. Whether it can sustain its operations and continue to thrive in the competitive arts sector remains to be seen, and it's clear they need to find ways to increase revenue and manage expenses more effectively.

Registered in England/Wales under the registration number 03112818, with a registered address at W1J 7EJ, England, London, 34-35 Clarges Street, Mayfair.

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