MYRNA GROUP LIMITED

Executive Summary

Myrna Group Limited is a financially stable private holding company with consistent net assets and good regulatory compliance. The absence of operational data and income statements limits assessment of cash flow or profitability, but no immediate solvency or liquidity risks are apparent. Further due diligence on investments and related party arrangements is recommended to confirm operational sustainability.

MYRNA GROUP LIMITED - Analysis Report

Company Number: 12504370

Analysis Date: 2025-07-19 12:22 UTC

1. Risk Rating: LOW

Justification: The company presents consistent shareholder equity of £1.5 million over the last four reported financial years with assets matching liabilities, indicating a stable capital base. There are no overdue filings or signs of regulatory non-compliance, and the company is active with multiple directors and shareholders maintaining control. The absence of employees suggests it operates as a holding company, which aligns with its SIC code.

2. Key Concerns:

• Lack of detailed profit and loss information: The accounts filed are unaudited abridged statements without income statements, limiting insight into operational profitability and cash flows.
• Minimal operational activity: The company reports no employees and only investments on the balance sheet, indicating it is a holding entity with potentially limited direct business activity or revenue generation.
• Concentration of control: Three directors each hold between 25-50% shares, which may present governance risks if disputes arise, although this is common in private entities.

3. Positive Indicators:

• Consistent net assets and shareholder funds at £1.5 million demonstrate financial stability and no erosion of capital.
• Timely filing of accounts and confirmation statements with no overdue submissions reflects good regulatory compliance and governance.
• Presence of multiple directors and clear registered office address provide transparency on management and control.

4. Due Diligence Notes:

• Obtain or review full audited financial statements if available, to assess profitability, cash flow, and liabilities in detail.
• Investigate the nature of investments held, their valuation, and liquidity to confirm asset quality.
• Clarify the company’s role within its group structure and any intercompany transactions or guarantees.
• Review director backgrounds for any adverse conduct records or litigation risks.
• Confirm the absence of contingent liabilities or off-balance sheet exposures.