Russell Ipm Ltd

Russell IPM Ltd, based in Deeside, UK, is a large company holding a significant position in the pest management sector. Incorporated 31 years ago in May 1993, it employs 86 people and boasts assets of £9,076,179, with a yearly revenue of £9,940,649. The company, with two directors and one owner, maintains a perfect 5.0 Google rating based on five reviews, a testament to its reputation. It’s a regular importer and exporter of plastics and plastic products, with 148 months of import activity and 310 months of export activity, the latest in January 2025.

Russell IPM specializes in the development and marketing of pheromone-based insect monitoring systems and environmentally friendly pest control products. Its website details a broad range of solutions, from agriculture and stored product protection to home and garden applications. The company operates a multi-faceted business, offering products, research and development, and even disaster recovery services for damaged pianos—a surprising diversification.

A review of the company’s financial data reveals some interesting trends. While cash bank on hand decreased by 7.7% to £1,300,000, current assets increased by 7.9% to £9,100,000. Turnover has increased significantly by 17%, reaching £9,900,000, a positive sign of growth. However, net assets increased by 20%, to £6,400,000, and bank borrowings decreased by 19%, to £840,000. Notably, deferred tax liabilities decreased by 6.6%, and administrative expenses increased by 30%, which could be a result of increased marketing or operational costs. The company’s auditors, Bennett Brooks & Co Limited, have issued an unqualified opinion.

Overall, Russell IPM Ltd appears to be a financially stable company experiencing growth. The increase in turnover suggests successful marketing efforts, while the decrease in bank borrowings indicates improved debt management. The rise in administrative expenses warrants further investigation, but the company’s strong reputation and diversified product range position it well for continued success.

Registered in England/Wales under the registration number 02822615, with a registered address at CH5 3RQ, Deeside, Clwyd, 52 Carlines Avenue, Ewlowe.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.