RUSSELL INVESTMENTS SYSTEMS LIMITED

1. RUSSELL INVESTMENTS SYSTEMS LIMITED 2016-04-26 → present
2. RUSSELL SYSTEMS LIMITED 1989-11-01 → 2016-04-26
3. LEGIBUS 1429 LIMITED 1989-08-21 → 1989-11-01

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“These financial statements are prepared on the going concern basis, which the directors consider to be appropriate. Despite the Company having incurred losses in the year, it has forecasted sufficient future dividends from subsidiaries to meet its obligations as they fall due.”

Group structure

1. RUSSELL INVESTMENTS SYSTEMS LIMITED · parent
   1. Russell Investments Limited 100% · England · Investment & Consultancy Services
   2. Russell Investments Implementation Services Limited 100% · England · Transition Management Services & Portfolio Implementation Services
   3. Russell Investments France SAS 100% · France · Investment Services
   4. On-Line Partnership Group Limited 100% · England · Provision of financial services
   5. The On-Line Partnership Limited 100% · England · Provision of financial services
   6. The Whitechurch Network Limited 100% · England · Provision of financial services
   7. In Partnership Financial Advisers Limited 100% · England · Provision of financial services
   8. The Advisor Support Hub Limited 100% · England · Provision of financial services
   9. The Admin Pod Limited 100% · England · Provision of financial services
   10. On-Line Partnership Investments Limited 100% · England · Provision of financial services

Significant events

• “Results for the year were considered satisfactory by the Directors, given the challenging economic conditions.”
• “Key decisions during the year included updates to several key regulatory documents and the approval of an Intragroup Loan agreement with Russell India.”
• “During the financial year the Group saw funds under management increase by 28.7% (2023: 3.9% increase).”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +3.3%

  £12,174,719 → £12,578,836

• Cash

  -60.5%

  £252,905 → £99,981

• Net assets

  -2.6%

  £45,069,764 → £43,880,776

• Employees

  -1.4%

  69 → 68

• Operating profit

  +25.4%

  -£2,989,416 → -£2,228,738

• Profit before tax

  -120.2%

  -£572,030 → -£1,259,842

• Wages

  +7.2%

  £9,272,137 → £9,941,224

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers