Russell Armer Limited
Registered name: RUSSELL ARMER LIMITED
Part of Genesis Homes Group Ltd groupRussell Armer Limited made £7.7m revenue and £744k profit in the year to 31 Mar 2025.
Russell Armer Limited’s revenue fell 24% to £7.7m in the year to 31 Mar 2025, with £744k profit and 9 employees. The company is classified under “construction of domestic buildings” and is based in Penrith; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Penrith, North West
- Age
- 65 yrs · since 1961
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “Russell Armer Group Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £9.7m | £10.2m | £7.7m |
| Cost of sales | £9m | £9.3m | £7.1m |
| Gross profit | £757k | £893k | £668k |
| Operating profit | −£222k | −£36.5k | £550k |
| Profit before tax | £851k | −£43.1k | £442k |
| Profit after tax | £605k | −£31.4k | £744k |
| Profit (best available) | £605k | −£31.4k | £744k |
| Staff costs | £637k | £609k | £319k |
| Employees (average) | 17 | 13 | 9 |
| Ratios | |||
| Profit margin | 6.2% | −0.3% | 9.6% |
| Gross margin | 7.8% | 8.8% | 8.6% |
| Revenue per employee | £573k | £782k | £859k |
| Profit per employee | £35.6k | −£2.4k | £82.7k |
| Growth (year on year) | |||
| Revenue growth | — | ▲4.4% | ▼24% |
| Profit growth | — | ▼105.2% | — |
| Headcount growth | — | ▼23.5% | ▼30.8% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £45.8k | £25.9k | £546k |
| Net assets | £9.9m | £9.9m | £10.6m |
| Fixed assets | £54.5k | £28.2k | £11.8k |
| Current assets | £15m | £17.6m | £13.3m |
| Debtors | £286k | £261k | £18.3k |
| Deferred income | £1.9m | £3m | £465k |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 9.6%
- Profit ÷ revenue.
- Gross margin
- 8.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £859k
- Revenue ÷ average employees.
- Profit per employee
- £82.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.2%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲8%
- Now £10.6m
- Cash at bank
- ▲2009%
- Now £546k
- Headcount
- ▼31%
- Now 9
- Deferred income
- ▼85%
- Now £465k
- Fixed assets
- ▼58%
- Now £11.8k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Genesis Homes Group Ltdultimate parent75–100%
- Genesis (South) Holdings Limited75–100%
- Russell Armer Group Limited75–100%
- Russell Armer Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Oakfield Park Kirkby Lonsdale Management Company LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- P J Livesey Living Space (12) LimitedAltrincham · Construction of domestic buildings
- Revenue
- £7.4m
- Profit
- £395k
- Staff
- 6
- HHT Development LimitedWidnes · Construction of domestic buildings
- Revenue
- £8.3m
- Profit
- £114k
- Staff
- —
- Morcom Construction LimitedCornwall · Construction of domestic buildings
- Revenue
- £8.5m
- Profit
- £260k
- Staff
- 74
- Alfred Homes LimitedWinchester · Construction of domestic buildings
- Revenue
- £7m
- Profit
- £34k
- Staff
- 29
- Edwards Homes LtdEwloe · Construction of domestic buildings
- Revenue
- £8.6m
- Profit
- £205k
- Staff
- 8
- Tulloch of Cummingston LimitedHopeman · Construction of domestic buildings
- Revenue
- £9m
- Profit
- £1.6m
- Staff
- 59
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £744k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.
Updated from Companies House on 15 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.