Calmme Ltd

Calmme Ltd from Telford UK is a small, active company founded four years ago. It's a private limited company with a real address, managed by one director and owned by a single individual who also serves as the solo founder. The company meets the criteria for being small, as it has a turnover of under £10.2 million, a balance sheet total under £5.1 million, and fewer than 50 employees.

Calmme Ltd operates in the retail sale via mail order houses or via internet, and the other retail sale not in stores, stalls or markets industries. Its website, while currently unavailable for review, suggests a focus on online retail. The company’s core business appears to be selling goods directly to consumers through an online platform.

Financially, Calmme Ltd presents a concerning picture. Net assets have plummeted by a staggering 290%, ending at -£320, a significant decline from -£83 just a year prior. Cash reserves have also dwindled, dropping 73% to a mere -£3. Bank borrowings have increased substantially, rising 350% to £320, indicating a reliance on external funding. While creditors have also increased, it’s not necessarily a positive sign. The company’s small size, while offering agility, also means it’s more vulnerable to financial pressures. The unaudited accounts, prepared using Taxfiler software, do not mention an auditor. The company’s accounts are described as “filleted,” which is common for small entities, and prepared in accordance with FRS 102 Section 1A.

It seems Calmme Ltd is facing financial headwinds, likely burning through cash to sustain operations. The sharp decline in net assets suggests a need to carefully manage expenses and potentially explore new revenue streams. The reliance on bank borrowings could become unsustainable if sales don't improve.

Registered in England/Wales under the registration number 12875808, with a registered address at TF1 5FF, England, Telford, 161 Ketley Park Road, Ketley.

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