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Rustins Limited

00162273

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

51 WATERLOO ROAD, LONDON, NW2 7TX
Incorporated 01/01/1920

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

20301
Manufacture of paints, varnishes and similar coatings, mastics and sealants

Officers

Joanne Kerry Averiss

director · Since 10/04/2019

British

Edward Prange Krawitt

director · Since 16/09/2008

British

Anthony Rustin

director · Since 30/08/2007

British

Georgina Rustin

director · Since 21/09/2009

British

Former

Andrew James Murray

secretary · Resigned 27/04/2007

Pankaj Shah

secretary · Resigned 06/12/2023

Kishor Vekaria

secretary · Resigned 20/03/2008

Barbara Berman

director · Resigned 05/01/2022

Andrew Ian Holmes

director · Resigned 28/02/2007

Lena Rustin

director · Resigned 26/12/2004

Ronald Ernest Rustin

director · Resigned 15/06/2008

Pankaj Shah

director · Resigned 13/01/2009

Neil Francis William Smy

director · Resigned 12/01/2009

Kishor Vekaria

director · Resigned 20/03/2008

CompanyRankvs 105+ SIC 20301 peers
79

Financial strength99th percentile among SIC peers · 25/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 5.44× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees14/15 pts

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

Liquidity20/20 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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£16.2M

Annual revenue

Net Worth

£16.1M

Balance sheet strength

Cash

£6.6M

Cash in the bank

Profit Before Tax

£482k

Bottom line earnings

Net Current Assets

£10.9M

Working capital

Current Assets

£13.3M

Current Liabilities

£2.4M

Fixed Assets

£5.8M

Debtors

£2.6M

Cost of Sales

£9.5M

Gross Profit

£6.7M

Admin Expenses

£4.2M

Operating Profit

£267k

Profit After Tax

£270k

45avg. employees

Tax at Year End

Corp tax£249k
Dividends paid£311k

Balance Sheet

Intangible assets£2.1M
Assets less current liabilities£16.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20245.44

Derived from filed accounts. Not audited figures.