CYGNUS TANKERS LIMITED

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Executive Summary

Cygnus Tankers Limited demonstrates strengthening financial fundamentals with positive net assets and working capital improvements, supported by tangible fixed assets and cash reserves. However, reliance on related party transactions and recent ownership changes warrant ongoing monitoring of liquidity and operational performance. Conditional credit approval is advised, contingent on satisfactory cash flow management and confirmation of ongoing group support.

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Mortgages and charges registered against this company

Investec Bank PLC

Registration Date
20 September 2021
Charge number
3
Status
outstanding
Description
The property known as building n, 1-18 old pumping station, brentford, TW8 0AP registered at the land registry under title number AGL531276.
Source data

Bank of Cyprus Public Company Limited

Registration Date
18 August 2021
Charge number
2
Status
fully-satisfied
Source data

Aegean Baltic Bank S.A., as Security Agent

Registration Date
5 July 2021
Charge number
1
Status
outstanding
Source data
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