Rabart Decorators Merchants Limited
01744021
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 6 outstanding charges (-10)
Details
Compliance
Last accounts
31/12/2024
group
Next accounts due
28/09/2026
Confirmation statement
Last: 06/11/2025
Due 20/11/2026
Industry
Officers
director · Since 07/10/2020
COMMERCIAL SERVICES DIRECTOR
BRITISH · WALES · Age 57
Also on 2 other boards
director · Since 07/10/2020
FINANCIAL DIRECTOR
WELSH · UNITED KINGDOM · Age 50
Also on 2 other boards
director · Since 07/10/2020
SALES DIRECTOR
BRITISH · WALES · Age 59
Also on 1 other board
Persons with Significant Control
Mr Alan Bush
British · Wales · Age 85
Pontsarn Road, Pant Industrial Estate, Dowlais, Merthyr Tydfil, CF48 2SR
Notified 06/11/2016
Charges6 outstanding
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
CompanyRankvs 193+ SIC 47520 peers66
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the Parent 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 c
Key FinancialsYear ending 31/12/2024
Net Worth
£4.2M
Balance sheet strength
Cash
£226k
Cash in the bank
Net Current Assets
£1.6M
Working capital
Current Assets
£4.5M
Current Liabilities
£2.9M
Fixed Assets
£5.1M
Debtors
£1.8M
Profit After Tax
-£247k
Tax at Year End
People Costs(2021)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.55 | -£467k |
| 2023 | 1.65 | -£52k |
| 2022 | 1.53 | -£45k |
| 2021 | 1.79 | — |
Derived from filed accounts. Not audited figures.