Company Number: 14554578

Analysis Date: 2025-07-29 20:04 UTC

1. Risk Rating: LOW
   CALM SPACE LTD is currently a dormant private limited company with minimal financial activity, reflected by nominal net assets (£2) and cash (£2). There are no overdue filings or signs of financial distress. Given its dormant status and compliance with filing requirements, immediate solvency or liquidity risks appear minimal.

2. Key Concerns:

• Dormant Status: The company has no trading activity, which means it is not generating revenue or cash flow—raising questions about operational sustainability if intended to trade in future.
• Minimal Financial Resources: With only £2 in net assets and cash, the company lacks financial buffer to absorb any liabilities or unexpected expenses once active.
• Newly Incorporated: Incorporated late in 2022 with only a single dormant financial year filed; hence, there is limited historical performance data to assess business viability or growth prospects.

3. Positive Indicators:

• Compliance: All statutory filings (accounts and confirmation statements) are up to date with no overdue returns or penalties.
• Clear Ownership and Control: Two directors/shareholders own and control 25-50% each, with no indications of governance issues or director disqualifications.
• Simple Structure: As a small private limited company with a straightforward ownership and no complex financials, risks related to corporate governance appear low.

4. Due Diligence Notes:

• Investigate the business plan and funding sources for transitioning from dormant to active status, including expected capital injections or revenue streams.
• Review any agreements or intentions disclosed by the directors regarding future trading activities, especially in the retail mail order / internet sales sector (SIC 47910).
• Confirm absence of any contingent liabilities or off-balance-sheet obligations that are not reflected in the dormant accounts.