Myrtle & Sanne Ltd

Myrtle & Sanne Ltd is a small, active company based in London, UK, founded five years ago in 2019. It employs nine people and holds £143,826 in assets, operating from a real registered address. The business is a solo-founded venture led by a single director and owner. Myrtle & Sanne Ltd is an irregular importer, specializing in furniture, lighting, and prefabricated buildings, with just two months of import activity recorded as of May 2022. The company also operates in the unlicensed restaurants and cafes industries.

The company’s website, MYSANN, showcases a new Mediterranean restaurant with impressive interiors, specializing in regional dishes with hints of Greek, Italian, and Asian flavours. The site emphasizes private dining options, a wine list, and encourages visitors to follow their social media and sign up for a newsletter. Opening hours are clearly displayed, alongside contact information and a reservation request form. The website's design is modern and visually appealing, suggesting a focus on creating a premium dining experience.

Financially, Myrtle & Sanne Ltd presents a mixed picture. While current assets increased by 130% to £140,000, net assets decreased by 57% to -£650,000. Cash bank on hand increased slightly to £64,000, but creditors surged by 870% to £230,000 within one year. Debtors remained steady at £80,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the significant equity decline raises concerns. There's no auditor mentioned, so the figures are unaudited.

Overall, Myrtle & Sanne Ltd seems to be navigating a challenging financial landscape. The restaurant concept appears promising, but the company needs to address its growing liabilities to ensure long-term sustainability.

Registered in England/Wales under the registration number 12192682, with a registered address at SW3 2EJ, England, London, 215 Brompton Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.