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Rustler Yachts Limited

03938066

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

MARITIME BUILDINGS, FALMOUTH, TR10 8AD
Incorporated 28/02/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

30120
Building of pleasure and sporting boats
33150
Repair and maintenance of ships and boats

Officers

Mr Nicholas John Offord

director · Since 29/03/2000

MERCHANICAL ENGINEER

BRITISH · ENGLAND · Age 57

Also on 1 other board

Nicholas John Offord

secretary · Since 29/08/2003

BRITISH · ENGLAND · Age 57

Also on 8 other boards

Mr Adrian Jones

director · Since 29/08/2006

SALES & MARKETING

BRITISH · UNITED KINGDOM · Age 64

Also on 2 other boards

Persons with Significant Control

Falmouth Maritime Ltd

25–50% shares
75–100% votes
Appoint directors

Maritime Buildings, Falmouth Road, Falmouth, TR10 8AD

Reg: 04164464 · Companies House · Private Limited Company

Notified 06/04/2016

Mr Kelly Brian Bennett

25–50% shares

Canadian · Netherlands · Age 54

Maritime Buildings, Falmouth, TR10 8AD

Notified 14/06/2024

Former PSCs

Mr Nicholas John Offord

Ceased 01/07/2016

Charges2 outstanding

Charge
outstanding

TIM STEVENSON · JOHN DALTON · MARCUS AURELIUS AUGUSTINUS HOES · JULIA WEBB-HARVEY

Created 28/09/2017Registered 09/10/2017
Charge
satisfied

BARCLAYS BANK PLC

Created 10/02/2015Registered 13/02/2015Satisfied 16/01/2025
charge
satisfied

SOUTH WEST OF ENGLAND REGIONAL DEVELOPMENT AGENCY

Created 20/05/2008Registered 07/06/2008Satisfied 24/02/2015
charge
outstanding

FALMOUTH MARITIME PROPERTIES LIMITED

Created 04/03/2004Registered 09/03/2004
charge
satisfied

DAVID JOHN OFFORD

Created 15/11/2002Registered 03/12/2002Satisfied 24/02/2015
charge
satisfied

DAVID JOHN OFFORD

Created 13/09/2001Registered 20/09/2001Satisfied 24/02/2015

CompanyRankvs 120+ SIC 30120 peers
64

Financial strength91th percentile among SIC peers · 23/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.63× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Norfolk Broads Direct Limited
90
2Williams Jet Tenders Limited
90
3E.C.Landamore & Co.Limited
89
4Marine Concepts Limited
89
5Avon Boating Ltd
89
6Peter Freebody & Co. Limited
89
7Jeremy Rogers Limited
88
8Warrior Boats Ltd
88
9Pearl Yachts Ltd
88
10Mike'S Boatyard Limited
87
120Rustler Yachts Limited
70
How is this score calculated?
Financial strength23/25 pts

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

Employees15/15 pts

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

Liquidity6/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2025

Net Worth

£421k

Balance sheet strength

Cash

£374k

Cash in the bank

Net Current Assets

-£298k

Working capital

Current Assets

£513k

Current Liabilities

£811k

Fixed Assets

£988k

Debtors

£91k

28avg. employees

Balance Sheet

Intangible assets£502k
Assets less current liabilities£690k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.63+£464k
20240.48-£222k
20230.68+£3k
20220.47+£19k
20210.75+£5k
20201.10+£340k
20200.48-£298k
20190.97—

Derived from filed accounts. Not audited figures.