RUSSELLS LIMITED

1. RUSSELLS LIMITED 1997-08-28 → present
2. ZEDWARD LIMITED 1993-10-29 → 1997-08-28

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

“The financial statements are prepared on a going concern basis, as the directors are satisfied that the company has the resources to continue in business for the foreseeable future (which has been taken as 12 months from the date of the approval of these financial statements). In making this assessment, the directors have considered a wide range of information relating to present and future conditions considering a severe but plausible downside scenario.”

Significant events

• “The company has decided not to pay a dividend to shareholders for the year to 30 June 2025 which will assist in maintaining a healthy bank balance.”
• “As part of a drive to develop new and existing revenue streams the company has recruited a Business Development Director, a post previously not recognised within the company.”
• “In order to continue with the successful Building Student Programme, the company has recruited a further 4 apprentices for the September 2025 intake.”
• “The company recognises the economic challenges faced by its employees and awarded a minimum pay rise to all employees of 3% in April 2025.”
• “Training and CPD continue to be prominent with all employees undertaking Sexual Harassment training during the year.”

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

Filings

2

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

  -12.2%

  £57,663,014 → £50,621,492

• Cash

  +23.5%

  £11,455,984 → £14,147,704

• Net assets

  +8.2%

  £21,946,459 → £23,744,514

• Employees

  0%

  102 → 102

• Operating profit

  -32.1%

  £1,559,946 → £1,058,532

• Profit before tax

  -18.4%

  £2,973,023 → £2,426,046

• Wages

  +2.8%

  £7,249,549 → £7,453,929

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