Max Rutherston Ltd

Max Rutherston Ltd, based in London, UK, is a small, active company founded eleven years ago. It employs just two people and holds assets valued at £241,188. The company operates from a virtual address, a detail worth noting as 511 other companies are registered at the same location. It's managed by two directors and two owners, although the full list of owners isn’t published. Max Rutherston Ltd regularly imports and exports art and antiques – 7 months of import activity and 11 months of export activity have been recorded.

The company’s website, Max Rutherston, focuses on Japanese art, with a particular emphasis on netsuke, inro, and other sagemono. While the core business involves buying and selling these items, the website also highlights a division dedicated to high-end piano restoration, operating from Cambridge and even boasting a showroom in Harrods. This dual focus—small-scale retail and prestigious restoration—suggests a diverse business model.

Financially, Max Rutherston Ltd presents a mixed picture. Current assets have fallen by 28% to £240,000, and net assets have plummeted 350% to -£110,000—a significant reversal. Bank borrowings have increased dramatically, rising 120% to £30,000, while cash reserves have evaporated by 99%, leaving just £500. Creditors have also increased by 26%, and other debt has risen by 700%. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 70 employees. As a small company, it’s exempt from an audit, so the figures are unaudited.

The sharp decline in equity is a cause for concern, suggesting the company may be burning through money. However, the dual focus on retail and restoration, combined with the company’s small size, could provide resilience. It’s worth noting that the company operates in the “other retail sale not in stores, stalls or markets” industry, a broad category that could encompass a variety of business models.

Registered in England/Wales under the registration number 08575477, with a registered address at WC1X 8TA, England, London, New Derwent House, 69-73 Theobalds Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.