CYGNUS TANKERS LIMITED

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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Who controls this company?

Michael Michael

Correspondence address
Menelaou 34, Voula, Attiki, Greece, 166 73
Date of birth
January 1953
Notified on
2024-10-01
Nationality
Cypriot
Country of residence
Greece
Nature of control
Owns more than 75% of the company's shares
Has more than 75% of the voting rights in the company

Sujit Madhu

HISTORIC INFORMATION
Ceased on
2024-10-01
Correspondence address
The Gatekeeper's House, The Old Pumping Station, Pump Alley, Brentford, United Kingdom, TW8 0AP
Date of birth
November 1980
Notified on
2024-10-01
Nationality
Indian
Country of residence
United Kingdom
Nature of control

Georgios Michael

HISTORIC INFORMATION
Ceased on
2024-10-01
Correspondence address
The Gatekeeper's House, The Old Pumping Station, Pump Alley, Brentford, United Kingdom, TW8 0AP
Date of birth
January 1981
Notified on
2021-04-08
Nationality
Cypriot
Country of residence
United Kingdom
Nature of control
Owns more than 75% of the company's shares
Has more than 75% of the voting rights in the company


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