russam gms ltd
russam gms ltd Company Information
Company Number
01865337
Next Accounts
Dec 2025
Shareholders
russam holdings ltd
Group Structure
View All
Industry
Other human resources provision
Registered Address
suite 1b aw house, 6-8 stuart street, luton, bedfordshire, LU1 2SJ
Website
www.russam-gms.co.ukrussam gms ltd Estimated Valuation
Pomanda estimates the enterprise value of RUSSAM GMS LTD at £374.7k based on a Turnover of £2m and 0.19x industry multiple (adjusted for size and gross margin).
russam gms ltd Estimated Valuation
Pomanda estimates the enterprise value of RUSSAM GMS LTD at £0 based on an EBITDA of £-7.6k and a 3.29x industry multiple (adjusted for size and gross margin).
russam gms ltd Estimated Valuation
Pomanda estimates the enterprise value of RUSSAM GMS LTD at £193.5k based on Net Assets of £149.3k and 1.3x industry multiple (adjusted for liquidity).
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Russam Gms Ltd Overview
Russam Gms Ltd is a live company located in luton, LU1 2SJ with a Companies House number of 01865337. It operates in the human resources provision and management of human resources functions sector, SIC Code 78300. Founded in November 1984, it's largest shareholder is russam holdings ltd with a 100% stake. Russam Gms Ltd is a mature, small sized company, Pomanda has estimated its turnover at £2m with declining growth in recent years.
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Russam Gms Ltd Health Check
Pomanda's financial health check has awarded Russam Gms Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £2m, make it smaller than the average company (£5.3m)
- Russam Gms Ltd
£5.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (8.5%)
- Russam Gms Ltd
8.5% - Industry AVG
Production
with a gross margin of 21.1%, this company has a comparable cost of product (21.1%)
- Russam Gms Ltd
21.1% - Industry AVG
Profitability
an operating margin of -0.4% make it less profitable than the average company (2%)
- Russam Gms Ltd
2% - Industry AVG
Employees
with 10 employees, this is below the industry average (40)
10 - Russam Gms Ltd
40 - Industry AVG
Pay Structure
on an average salary of £55.8k, the company has an equivalent pay structure (£55.8k)
- Russam Gms Ltd
£55.8k - Industry AVG
Efficiency
resulting in sales per employee of £198k, this is more efficient (£93.4k)
- Russam Gms Ltd
£93.4k - Industry AVG
Debtor Days
it gets paid by customers after 36 days, this is earlier than average (50 days)
- Russam Gms Ltd
50 days - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is slower than average (6 days)
- Russam Gms Ltd
6 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Russam Gms Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (10 weeks)
3 weeks - Russam Gms Ltd
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 69.3%, this is a lower level of debt than the average (79.1%)
69.3% - Russam Gms Ltd
79.1% - Industry AVG
RUSSAM GMS LTD financials
Russam Gms Ltd's latest turnover from March 2024 is estimated at £2 million and the company has net assets of £149.3 thousand. According to their latest financial statements, Russam Gms Ltd has 10 employees and maintains cash reserves of £19.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 11,307,471 | 8,343,262 | 4,558,190 | ||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 9,225,642 | 6,552,030 | 3,339,563 | ||||||||||||
| Gross Profit | 2,081,829 | 1,791,232 | 1,218,627 | ||||||||||||
| Admin Expenses | 1,733,115 | 1,452,952 | 1,164,752 | ||||||||||||
| Operating Profit | 348,714 | 338,280 | 53,875 | ||||||||||||
| Interest Payable | 2,739 | 1,863 | 2,781 | ||||||||||||
| Interest Receivable | 1 | ||||||||||||||
| Pre-Tax Profit | 345,976 | 336,417 | 51,094 | ||||||||||||
| Tax | -76,008 | -72,456 | -15,119 | ||||||||||||
| Profit After Tax | 269,968 | 263,961 | 35,975 | ||||||||||||
| Dividends Paid | 250,000 | 202,100 | |||||||||||||
| Retained Profit | 19,968 | 61,861 | 35,975 | ||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 10 | 10 | 10 | 10 | 10 | 10 | |||||||||
| EBITDA* | 358,774 | 348,361 | 64,093 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 6,981 | 8,430 | 9,198 | 4,667 | 7,557 | 9,982 | 6,044 | 11,862 | 17,441 | 18,672 | 15,926 | 18,315 | 16,273 | 26,660 | 35,907 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 48,000 | 48,000 | 5,000 | 5,000 | 5,000 | 5,000 | 10,000 | ||||||||
| Debtors (Due After 1 year) | 320,757 | ||||||||||||||
| Total Fixed Assets | 54,981 | 56,430 | 9,198 | 4,667 | 7,557 | 9,982 | 6,044 | 11,862 | 338,198 | 23,672 | 20,926 | 23,315 | 21,273 | 36,660 | 35,907 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 196,176 | 197,200 | 399,276 | 312,273 | 204,387 | 664,272 | 570,333 | 1,104,431 | 934,030 | 1,105,460 | 427,148 | 482,244 | 528,542 | 527,275 | 744,990 |
| Group Debtors | 156,703 | 156,703 | 161,703 | 166,703 | 249,203 | 209,315 | 249,828 | 279,663 | 246,981 | 153,981 | |||||
| Misc Debtors | 59,584 | 46,887 | 58,281 | 150,382 | 56,410 | 231,799 | 252,371 | 239,680 | 51,026 | 467,659 | 211,986 | 36,900 | 34,400 | 33,400 | 29,400 |
| Cash | 19,395 | 21,631 | 22,691 | 8,041 | 10,230 | 102,922 | 30,299 | 219,560 | 52,232 | 25,158 | 145,422 | 98,172 | 54,474 | 155,440 | 190,273 |
| misc current assets | |||||||||||||||
| total current assets | 431,858 | 422,421 | 641,951 | 637,399 | 520,230 | 1,208,308 | 1,102,831 | 1,843,334 | 1,284,269 | 1,752,258 | 784,556 | 617,316 | 617,416 | 716,115 | 964,663 |
| total assets | 486,839 | 478,851 | 651,149 | 642,066 | 527,787 | 1,218,290 | 1,108,875 | 1,855,196 | 1,622,467 | 1,775,930 | 805,482 | 640,631 | 638,689 | 752,775 | 1,000,570 |
| Bank overdraft | 108,564 | 82,221 | 42,058 | 332,802 | 638,250 | 127,907 | 237,132 | ||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 92,032 | 123,388 | 197,668 | 138,676 | 174,349 | 574,957 | 240,582 | 738,014 | 766,038 | 786,497 | 437,469 | 575,709 | 585,607 | 722,064 | 944,407 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 222,641 | 163,267 | 137,359 | 299,438 | 150,748 | 418,804 | 370,891 | 351,263 | 525,499 | 569,246 | 287,116 | ||||
| total current liabilities | 314,673 | 286,655 | 443,591 | 438,114 | 407,318 | 1,035,819 | 944,275 | 1,727,527 | 1,419,444 | 1,592,875 | 724,585 | 575,709 | 585,607 | 722,064 | 944,407 |
| loans | 22,887 | 33,205 | 42,014 | 50,000 | |||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 20,000 | 20,000 | 20,000 | 20,000 | |||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 22,887 | 33,205 | 42,014 | 50,000 | 20,000 | 20,000 | 20,000 | 20,000 | |||||||
| total liabilities | 337,560 | 319,860 | 485,605 | 488,114 | 407,318 | 1,035,819 | 944,275 | 1,727,527 | 1,419,444 | 1,592,875 | 724,585 | 595,709 | 605,607 | 742,064 | 964,407 |
| net assets | 149,279 | 158,991 | 165,544 | 153,952 | 120,469 | 182,471 | 164,600 | 127,669 | 203,023 | 183,055 | 80,897 | 44,922 | 33,082 | 10,711 | 36,163 |
| total shareholders funds | 149,279 | 158,991 | 165,544 | 153,952 | 120,469 | 182,471 | 164,600 | 127,669 | 203,023 | 183,055 | 80,897 | 44,922 | 33,082 | 10,711 | 36,163 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 348,714 | 338,280 | 53,875 | ||||||||||||
| Depreciation | 5,348 | 7,894 | 10,358 | 10,060 | 10,081 | 10,218 | 10,930 | 12,885 | 14,268 | 11,669 | |||||
| Amortisation | |||||||||||||||
| Tax | -76,008 | -72,456 | -15,119 | ||||||||||||
| Stock | |||||||||||||||
| Debtors | 11,673 | -218,470 | -10,098 | 119,358 | -595,386 | 32,854 | -551,242 | 1,623,774 | -174,306 | 1,087,966 | 119,990 | -43,798 | 2,267 | -213,715 | 774,390 |
| Creditors | -31,356 | -74,280 | 58,992 | -35,673 | -400,608 | 334,375 | -497,432 | 738,014 | -20,459 | 349,028 | -138,240 | -9,898 | -136,457 | -222,343 | 944,407 |
| Accruals and Deferred Income | 59,374 | 25,908 | -162,079 | 148,690 | -268,056 | 47,913 | 19,628 | 351,263 | -43,747 | 282,130 | 287,116 | ||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | 392,866 | -180,903 | 77,860 | ||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 48,000 | -5,000 | -5,000 | 10,000 | |||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -10,318 | -8,809 | -7,986 | 50,000 | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -20,000 | 20,000 | |||||||||||||
| share issue | |||||||||||||||
| interest | -2,738 | -1,863 | -2,781 | ||||||||||||
| cash flow from financing | -2,738 | 38,434 | -22,781 | ||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -2,236 | -1,060 | 14,650 | -2,189 | -92,692 | 72,623 | -189,261 | 219,560 | 27,074 | -120,264 | 47,250 | 43,698 | -100,966 | -34,833 | 190,273 |
| overdraft | -108,564 | 108,564 | -82,221 | 40,163 | -290,744 | -305,448 | 638,250 | -109,225 | 237,132 | ||||||
| change in cash | -2,236 | 107,504 | -93,914 | 80,032 | -132,855 | 363,367 | 116,187 | -418,690 | 136,299 | -357,396 | 47,250 | 43,698 | -100,966 | -34,833 | 190,273 |
russam gms ltd Credit Report and Business Information
Russam Gms Ltd Competitor Analysis
Perform a competitor analysis for russam gms ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in LU1 area or any other competitors across 12 key performance metrics.
russam gms ltd Ownership
RUSSAM GMS LTD group structure
Russam Gms Ltd has 1 subsidiary company.
Ultimate parent company
1 parent
RUSSAM GMS LTD
01865337
1 subsidiary
russam gms ltd directors
Russam Gms Ltd currently has 3 directors. The longest serving directors include Mr Richard Hutchinson (Oct 2000) and Mr Jason Atkinson (Jan 2007).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Hutchinson | 72 years | Oct 2000 | - | Director | |
| Mr Jason Atkinson | England | 53 years | Jan 2007 | - | Director |
| Mr Ian Joseph | United Kingdom | 53 years | Mar 2013 | - | Director |
P&L
March 2024turnover
2m
+16%
operating profit
-7.6k
0%
gross margin
21.2%
-3.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
149.3k
-0.06%
total assets
486.8k
+0.02%
cash
19.4k
-0.1%
net assets
Total assets minus all liabilities
russam gms ltd company details
company number
01865337
Type
Private limited with Share Capital
industry
78300 - Other human resources provision
incorporation date
November 1984
age
41
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
tanstead limited (December 1994)
accountant
-
auditor
-
address
suite 1b aw house, 6-8 stuart street, luton, bedfordshire, LU1 2SJ
Bank
-
Legal Advisor
-
russam gms ltd Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 8 charges/mortgages relating to russam gms ltd. Currently there are 2 open charges and 6 have been satisfied in the past.
russam gms ltd Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for RUSSAM GMS LTD. This can take several minutes, an email will notify you when this has completed.
russam gms ltd Companies House Filings - See Documents
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