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M J Finnigan Limited

06498119

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

1 LANCASTER ROAD, MANCHESTER, M20 2TY
Incorporated 08/02/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43110
Demolition
68209
Other letting and operating of own or leased real estate

Officers

Michael John Finnigan Junior

director · Since 09/04/2008

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Persons with Significant Control

Michael John Finnigan Junior

50–75% shares

British · United Kingdom · Age 46

Station House, Stamford New Road, Altrincham, WA14 1EP

Notified 06/04/2016

CompanyRankvs 1012+ SIC 43110 peers
42

Financial strength4th percentile among SIC peers · 1/25
Employees59th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.43× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees9/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2024

Net Worth

-£49k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£49k

Working capital

Current Assets

£37k

Current Liabilities

£86k

Fixed Assets

£786

2avg. employees-1

Balance Sheet

Assets less current liabilities-£49k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.43
20230.99
20221.43-£29k
20211.43-£63k
20202.34+£36k
20191.38

Derived from filed accounts. Not audited figures.