CompanyTrack
R

RUSSELL TELECOM LIMITED

Active Fareham

Other telecommunications activities

13 employees Website
Other telecommunications activities
R

RUSSELL TELECOM LIMITED

Other telecommunications activities

Founded 18 May 2011 Active Fareham, England 13 employees russell-telecom.co.uk
Other telecommunications activities
Accounts Submitted 18 Oct 2024
Confirmation Statement Submitted 12 Mar 2025
Net assets £2.46M £712.30K 2023 year on year
Total assets £2.71M £319.88K 2023 year on year
Total Liabilities £251.26K £392.42K 2023 year on year
Charges None No charges registered

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Contact & Details

Registered Address

Onecom House Parkway Whiteley Fareham PO15 7FJ England

Office (Leeds)

Howley Park Business Village, Howley Park Rd, Morley, Leeds LS27 0BZ

Telephone

0113 322 1020

Credit Report

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Mutual Companies

Financials

Financials

Period 1 Jan → 31 Dec 2023
Type Total Exemption Full
Next accounts 31 December 2024
Due by 30 September 2025 9 months

Net Assets, Total Assets & Total Liabilities (2015–2023)

Cash in Bank

£1.93M

Decreased by £80.77k (-4%)

Net Assets

£2.46M

Increased by £712.30k (+41%)

Total Liabilities

£251.26k

Decreased by £392.42k (-61%)

Turnover

N/A

Employees

13

Decreased by 4 (-24%)

Debt Ratio

9%

Decreased by 18 (-67%)

Financial History

Revenue, profit, EBITDA and key financial figures

2023
Dec Year End
2022
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Share Capital

Share Capital

Share allotments and capital structure

2 Allotments 101 Shares £2.25m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
25 Nov 20211£2.25m£2.25m
24 Nov 2021100£100£100

Officers

Officers

1 active 5 resigned
Status
Christian James Foxton CraggsDirectorBritishEngland502 Dec 2021Active

Shareholders

Shareholders (4)

Onecom Group Limited
100.0%
2001 Apr 2022
Lawrence Mccaughey
0.0%
01 Apr 2022
Kelvyn Gracie
0.0%
01 Apr 2022

Persons with Significant Control

Persons with Significant Control (1)

1 Active 3 Ceased

Onecom Group Limited

United Kingdom

Active
Notified 2 Dec 2021
Nature of Control
  • Ownership Of Shares 75 To 100 Percent
  • Voting Rights 75 To 100 Percent
  • Right To Appoint And Remove Directors

Lawrence Ralph Mccaughey

Ceased 2 Mar 2021

Ceased

Kelvyn Gracie

Ceased 2 Mar 2021

Ceased

James Edward Palmer

Ceased 2 Dec 2021

Ceased

Group Structure

Group Structure

ONECOM GROUP LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
SOLO BIDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
SOLO TOPCO LIMITED united kingdom shares 25 to 50 percent
LDC (MANAGERS) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
LLOYDS DEVELOPMENT CAPITAL (HOLDINGS) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
LBG EQUITY INVESTMENTS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
LLOYDS BANKING GROUP PLC united kingdom
RUSSELL TELECOM LIMITED Current Company
RUSSELL MIDCO 2 LTD united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

Charges

Charges

No charges registered

Documents

Company Filings

DateCategoryDescriptionDocument
18 Jun 2025OfficersTermination of Adam Fowler as director on 2025-06-12View(1 page)
12 Mar 2025Confirmation StatementConfirmation statement made on 2025-02-28 with no updatesView(3 pages)
18 Oct 2024OtherNotice of agreement to exemption from audit of accounts for period ending 31/12/23View(1 page)
18 Oct 2024OtherAudit exemption statement of guarantee by parent company for period ending 31/12/23View(2 pages)
18 Oct 2024AccountsAnnual accounts made up to 2023-12-31View(8 pages)
18 Jun 2025 Officers

Termination of Adam Fowler as director on 2025-06-12

12 Mar 2025 Confirmation Statement

Confirmation statement made on 2025-02-28 with no updates

18 Oct 2024 Other

Notice of agreement to exemption from audit of accounts for period ending 31/12/23

18 Oct 2024 Other

Audit exemption statement of guarantee by parent company for period ending 31/12/23

18 Oct 2024 Accounts

Annual accounts made up to 2023-12-31

Recent Activity

Latest Activity

Termination of Adam Fowler as director on 2025-06-12

8 months ago on 18 Jun 2025

Confirmation statement made on 2025-02-28 with no updates

11 months ago on 12 Mar 2025

Notice of agreement to exemption from audit of accounts for period ending 31/12/23

1 years ago on 18 Oct 2024

Audit exemption statement of guarantee by parent company for period ending 31/12/23

1 years ago on 18 Oct 2024

Annual accounts made up to 2023-12-31

1 years ago on 18 Oct 2024