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Rustins Limited

00162273

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • 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

Last accounts

31/12/2024

medium

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 12/08/2025

Due 26/08/2026

On track

Industry

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

Officers

Mr Anthony Rustin

director · Since 30/08/2007

CORPORATE DIRECTOR

BRITISH · AUSTRALIA · Age 89

Also on 2 other boards

Mr Edward Prange Krawitt

director · Since 16/09/2008

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 5 other boards

Ms Georgina Rustin

director · Since 21/09/2009

DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Also on 1 other board

Ms Joanne Kerry Averiss

director · Since 10/04/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 26 other boards

Persons with Significant Control

Rustins Holdings Limited

75–100% shares
75–100% votes
Appoint directors

51, Waterloo Road, London, NW2 7TX

Reg: 16765826 · Companies House · Private Limited Company

Notified 27/10/2025

Former PSCs

Mr Edward Prange Krawitt

Ceased 27/10/2025

Mrs Barbara Berman

Ceased 18/01/2024

Charges0 outstanding

Charge
satisfied

BARCLAYS BANK PLC

Created 07/08/2019Registered 15/08/2019Satisfied 14/11/2024
Charge
satisfied

BARCLAYS BANK PLC

Created 07/10/2013Registered 25/10/2013Satisfied 18/11/2024
charge
satisfied

BARCLAYS BANK PLC

Created 07/08/2008Registered 14/08/2008Satisfied 14/11/2024
charge
satisfied

BARCLAYS BANK PLC

Created 16/02/1989Registered 23/02/1989Satisfied 26/01/2000
charge
satisfied

BARCLAYS BANK PLC

Created 16/02/1989Registered 23/02/1989Satisfied 26/01/2000
charge
satisfied

BARCLAYS BANK PLC

Created 01/04/1986Registered 17/04/1986Satisfied 26/01/2000
charge
satisfied

BARCLAYS BANK PLC

Created 26/08/1983Registered 05/09/1983Satisfied 26/01/2000
charge
satisfied

BARCLAYS BANK PLC

Created 05/11/1971Registered 22/11/1971Satisfied 26/01/2000
charge
satisfied

BARCLAYS BANK PLC

Created 05/11/1971Registered 22/11/1971Satisfied 26/01/2000
charge
satisfied

BARCLAYS BANK PLC

Created 05/11/1971Registered 22/11/1971Satisfied 26/01/2000
charge
satisfied

BARCLAYS BANK PLC

Created 05/11/1971Registered 22/11/1971Satisfied 26/01/2000

CompanyRankvs 15+ SIC 20301 peers
79

Financial strength98th 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
Show leaderboard
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-4

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 RatioImplied Profit
20245.44+£25k
20224.62

Derived from filed accounts. Not audited figures.