CYGNET-WIRE LTD

Executive Summary

CYGNET-WIRE LTD demonstrates a precarious financial position with sustained negative net assets and inadequate liquidity, raising significant concerns about its ability to service debt. The company's reliance on director support and lack of operational cash flow underpin a high credit risk profile. Without substantial improvements in financial health or capital structure, credit facilities cannot be safely extended.

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Legal registered address
48 West George Street Clyde Offices, 2nd Floor Glasgow United Kingdom G2 1BP Copied!

Latest financial results as of 30 August 2025
Cash in bank
£0
Current assets
£3.99k
Current creditors
£22.74k
Shareholders funds
£-17.62k
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Company number
SC718514 Copied!
Company status
Active
Company type
Private Limited Company
Accounts category
Total Exemption Full
Incorporated on
29 December 2021
Accounts

Latest annual accounts were to 31 December 2023

Next annual accounts are due by 30 September 2025

Company financial year end is on 31 December 2025

Confirmation statement

Latest confirmation statement statement dated 28 December 2024

Next statement due by 11 January 2026

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Nature of business (SIC)

58290 - Other software publishing

Latest company documents
DateDescription
27/01/2527 January 2025 Confirmation statement made on 2024-12-28 with no updates

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08/01/248 January 2024 Confirmation statement made on 2023-12-28 with no updates

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31/12/2331 December 2023 Annual accounts for year ending 31 Dec 2023

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13/01/2313 January 2023 Confirmation statement made on 2022-12-28 with no updates

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31/12/2231 December 2022 Annual accounts for year ending 31 Dec 2022

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