RABART DECORATORS MERCHANTS LIMITED
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Next accounts due
2026-09-28 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-20 (in 6mo)
Last made up 2025-11-06
Watchouts
None on the register
Cash
£414K
-12.4% lowest in 3 filed years
Net assets
£4M
-9.7% lowest in 3 filed years
Employees
112
-0.9% vs 2023
Profit before tax
-£218K
-166.4% vs 2023
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £19,112,655 | £18,638,964 | |
| Operating profit | — | — | — | — | £375,509 | £167,626 | |
| Profit before tax | — | — | — | — | £328,141 | -£217,809 | |
| Net profit | — | — | — | — | £236,668 | -£261,955 | |
| Cash | — | — | £520,186 | — | £473,184 | £414,480 | |
| Total assets less current liabilities | — | — | £6,170,722 | — | £6,434,998 | £6,972,096 | |
| Net assets | — | — | £4,722,306 | — | £4,970,357 | £4,488,402 | |
| Equity | £3,745,512 | £4,317,723 | £4,722,306 | £4,722,306 | £4,970,357 | £4,488,402 | |
| Average employees | — | — | 84 | — | 113 | 112 | |
| Wages | — | — | — | — | £2,781,917 | £3,039,217 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 2.0% | 0.9% | |
| Net margin | — | — | — | — | 1.2% | -1.4% | |
| Return on capital employed | — | — | — | — | 5.8% | 2.4% | |
| Current ratio | — | — | — | — | 1.95x | 1.98x | |
| Interest cover | — | — | — | — | 7.88x | 0.43x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- MHA
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not 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.”
Group structure
- RABART DECORATORS MERCHANTS LIMITED · parent
- S.G Bailey (Paints) Limited 100%
Significant events
- “The market continues to be challenging and price increases continue to put pressure on margins.”
- “The group continues to have a strong Balance Sheet and its cash position remains strong.”
- “The group remains committed to achieving a return to profitability growth going forward.”
- “The loss for the year, after taxation, amounted to £261,955 (2023-profit £236,668).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BUSH, Stuart | Secretary | — | — | British |
| BUSH, Alan | Director | — | Mar 1941 | British |
| BUSH, Andrew John | Director | 2020-10-07 | Jan 1969 | British |
| BUSH, Matthew Stuart | Director | 2020-10-07 | Apr 1976 | Welsh |
| BUSH, Robert Alan | Director | 2020-10-07 | Sep 1966 | British |
| BUSH, Stuart | Director | — | Sep 1945 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Alan Bush | Individual | Shares 25–50%, Voting 25–50% | 2016-11-06 | Active |
Filing timeline
Last 20 of 107 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-03 | AA | accounts | Accounts with accounts type group | |
| 2025-12-29 | AA01 | accounts | Change account reference date company current shortened | |
| 2025-11-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-11-14 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-11-14 | CH01 | officers | Change person director company with change date | |
| 2025-11-14 | CH01 | officers | Change person director company with change date | |
| 2025-03-27 | AA | accounts | Accounts with accounts type group | |
| 2024-12-27 | AA01 | accounts | Change account reference date company previous shortened | |
| 2024-11-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-11-14 | SH01 | capital | Capital allotment shares | |
| 2024-06-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-03-19 | AA | accounts | Accounts with accounts type group | |
| 2023-12-19 | AA01 | accounts | Change account reference date company previous shortened | |
| 2023-12-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-01-31 | AA | accounts | Accounts with accounts type group | |
| 2022-11-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-12-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-11-11 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-11-10 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-10-07 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 1
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-2.5%
£19,112,655 £18,638,964
-
Cash
-12.4%
£473,184 £414,480
lowest in 3 filed years
-
Net assets
-9.7%
£4,970,357 £4,488,402
lowest in 3 filed years
-
Employees
-0.9%
113 112
-
Operating profit
-55.4%
£375,509 £167,626
-
Profit before tax
-166.4%
£328,141 -£217,809
-
Wages
+9.2%
£2,781,917 £3,039,217
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers