Rustler Yachts Limited

Rustler Yachts Ltd, based in Falmouth, UK, is a small holding company with an active status, celebrating 25 years since its founding in 2000. The company employs 27 people and holds £579,589 in assets. With three directors and one owner, it operates from a real address shared by five other companies, suggesting a well-established business hub. Regular imports of electrical machinery and equipment, totaling 14 months of activity with the latest in January 2025, highlight its role in the supply chain.

The company specializes in the building of pleasure and sporting boats, as well as the repair and maintenance of ships and boats, catering to a niche market within the maritime industry. It's a small company, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company's website is currently unavailable, making it impossible to assess its e-commerce presence or direct customer engagement.

Financially, Rustler Yachts Ltd presents a mixed picture. While bank borrowings decreased by a significant 88%, cash reserves also fell 18% to £290,000. Creditors decreased by 40%, suggesting improved debt management, but net current liabilities increased, indicating potential cash flow challenges. Trade debtors decreased by 69%, which could be a positive sign of quicker payment collection. Despite these fluctuations, the company’s equity remained stable. The lack of an auditor mentioned suggests it’s exempt as a small company, and the unaudited financial statements rely on director-reported data.

Overall, Rustler Yachts Ltd appears to be navigating a period of transition. While it maintains a solid foundation in boat building and repair, the financial data suggests a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 03938066, with a registered address at TR10 8AD, Falmouth, Cornwall, Maritime Buildings, Falmouth Road.

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