# MY PANAM LTD (SC753960)

> MY PANAM LTD is an active private limited company (company number SC753960) incorporated on 29 December 2022, registered in Glasgow. Its registered activity is accounting and auditing activities (SIC 69201). Latest micro accounts cover the period ending 31 December 2025, showing net assets of £140, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 71% on the prior period (£475).

- Status: Active
- Incorporated: 2022-12-29
- Registered office: Glasgow, G2 1BP
- SIC 69201: Accounting and auditing activities
- Next accounts due: 2027-09-30
- Confirmation statement due: 2027-01-12
- Accounts type: MICRO ENTITY

By net assets it sits in the lower half of 521 comparable companies in Glasgow (median £4,277, upper quartile £41k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-12-31 | £140 | — | — | £164 | — | — | 1 |
| 2024-12-31 | £475 | — | — | £219 | — | — | — |

current ratio 6.1; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £140 at 31 December 2025
- Net assets down 25% or more on the prior period: -70.5% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 6.1
- Incorporated two to five years ago: Incorporated 29 December 2022

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Mahen Thayananthan — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2022-12-29

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/SC753960
HTML: https://firmoscan.com/company/SC753960-my-panam-ltd