FINNIGAN FAMILY PROPERTY LIMITED

Executive Summary

FINNIGAN FAMILY PROPERTY LIMITED is currently dormant with minimal net assets and no trading activity, reflecting a stable but inactive financial state. While free from distress, the company shows no operational growth and requires strategic reactivation and capital infusion to improve its financial health and business prospects.

FINNIGAN FAMILY PROPERTY LIMITED - Analysis Report

Company Number: 13629907

Analysis Date: 2025-07-20 17:59 UTC

Financial Health Score: D

Explanation: The company is dormant, showing minimal financial activity with negligible net assets (£500) and no trading or operational revenues. While this means no immediate financial distress, it also indicates a lack of active business vitality, akin to a patient in a medically induced coma—stable but inactive.

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Key Vital Signs

Metric	Value	Interpretation
Company Status	Active	The company is legally active, but operationally dormant.
Account Category	Dormant	No significant transactions or trading activity during the financial year.
Net Assets	£500	Minimal net assets suggest no operational scale or liquidity reserves.
Shareholders Funds	£500	Equity matches net assets, consistent with dormant status and no retained earnings.
Director	Peter James Finnigan	Single director with investment background, controlling 25-50% shareholding and voting rights.
Industry Classification (SIC)	Real estate management and letting	Sector generally capital intensive and requires active asset management to generate revenue.

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Symptoms Analysis

• Dormant Status: The company has no trading activity, which is typical for a dormant company. This reflects a lack of cash flow, revenue generation, or expenses—essentially a financial "deep sleep."
• Minimal Net Assets: £500 net assets indicate that the company has not accumulated profits or invested capital assets. This constrains the company’s ability to undertake any operational activity without fresh funding.
• No Audit Requirement: Exemption from audit under small companies regime is consistent with dormancy but limits external financial scrutiny.
• Stable but Static: The financial statements show no change over multiple years, signaling no growth or operational turnover. While this avoids financial distress, it also implies no business momentum or development.
• Director Control: The director holds significant control but has not activated the company’s commercial potential yet.

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Diagnosis

The company's financial condition is stable but inactive—there are no signs of financial distress or solvency issues, but also no evidence of growth or operational engagement. This dormancy suggests the company is either being held in reserve, awaiting future activation, or serving a non-trading purpose. From a financial health perspective, it is not ill or distressed, but it is not "fit" or trading actively either.

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Prognosis

If the company remains dormant without capital injection or operational activity, it will continue to show minimal financial vitality and limited business potential. However, dormancy avoids operational risks and liabilities, preserving the company’s structure for future use. Activation or reactivation with investment and asset acquisition would be necessary for growth and financial health improvement.

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Recommendations

1. Assess Strategic Intent: Clarify the business purpose—if the company is intended to trade, develop a clear activation plan including capital investment and revenue targets.
2. Capital Injection: Consider increasing share capital or securing funding to enable operational activity and asset acquisition.
3. Business Planning: Develop a business model and operational strategy to move from dormancy to active trading, focusing on real estate management opportunities aligned with SIC codes.
4. Maintain Compliance: Continue timely filing of dormant accounts and confirmation statements to avoid penalties.
5. Evaluate Director Role: Ensure directors are prepared for active management if reactivation occurs, including compliance with financial reporting and governance.

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