CALLIOPE AT WORK LIMITED

Executive Summary

Calliope At Work Limited is currently solvent with positive equity but faces liquidity challenges evidenced by a marked decline in cash and working capital in the latest financial year. The small scale and lack of employees may affect operational sustainability. However, regulatory compliance is maintained with no apparent governance issues. Further investigation into cash flow dynamics and business operations is recommended.

CALLIOPE AT WORK LIMITED - Analysis Report

Company Number: 13020576

Analysis Date: 2025-07-20 12:22 UTC

1. Risk Rating: MEDIUM
   The company remains solvent with positive net current assets but has experienced a significant decline in cash and working capital over the last year, indicating some liquidity pressure. The small scale of operations and minimal equity base also increase vulnerability to cash flow disruptions.

2. Key Concerns:

• Sharp reduction in cash reserves from £14,315 (2023) to £4,889 (2024), which could indicate operational cash flow difficulties or increased short-term liabilities.
• Net current assets have decreased substantially from £6,687 in 2023 to just £506 in 2024, eroding the buffer to cover short-term obligations.
• The company currently has no employees and only one director, which may raise concerns about operational capacity and business sustainability.

3. Positive Indicators:

• The company is up to date with all statutory filings, including accounts and confirmation statements, indicating compliance with regulatory requirements.
• Shareholders’ funds remain positive at £506, reflecting that liabilities do not exceed assets.
• The director has been in place since incorporation with no indication of disqualification or governance issues.

4. Due Diligence Notes:

• Investigate the reasons behind the significant cash decrease and working capital erosion in the latest financial year, including review of cash flow statements if available.
• Clarify the company’s business model and revenue generation capabilities given the SIC code "Other service activities not elsewhere classified" and absence of employees.
• Review director’s strategy and plans to restore financial stability and operational capacity.
• Confirm no undisclosed contingent liabilities or related party transactions impacting liquidity.