Ramsdens is a growing, diversified, financial services provider and retailer, operating in the four core business segments of foreign currency exchange, pawnbroking loans, precious metals buying and selling and retailing of second hand and new jewellery. Headquartered in Middlesbrough, and from roots that can be traced back to the 1970s, the Group operates from 127 stores within the UK (including 3 franchised stores) and has a small but growing online presence. In the last financial year, the Group served over 700,000 customers across its different services. Ramsdens is fully FCA authorised for its pawnbroking and credit broking activities. Ramsdens grew significantly between 2009 and 2013, investing heavily in the Ramsdens brand, its core service lines and store estate. Following a change in market conditions, including a material fall in the gold price, the management team reacted decisively to focus on cash generation from the existing store estate. In 2014, a management buyout facilitated an exit of the previous major shareholders of Ramsdens and provided the funding that enabled the Group to repay its existing bank debt and management to update its strategy. Since the MBO, the Group’s strategy has focussed on growing profits from the existing store estate through investment in the foreign currency exchange and jewellery retail segments, acquiring pawnbroking loan books and optimising cash generation with the ultimate aim of creating a well balanced, resilient business from which to generate further growth, both organically and by acquisition. The Directors believe that the Group’s key strengths are: a good record of cash generation and a strong balance sheet; an experienced and motivated senior management team with a clear growth strategy; a recognised brand benefiting from significant investment including sports sponsorship and TV advertising; a diversified and complementary offering of products and services appealing to a broad demographic; a well invested branch estate and central infrastructure to support growth, including a market leading IT system; and a large, growing and high repeat customer base. From this strong platform, the Directors believe there is now a real opportunity to grow the business in the markets in which the Group operates.
Stock ExchangePVGL
IndustryFinancial Services
CountryUnited Kingdom
World RegionNorth America
CEOMr. Peter Edward Kenyon
Registered Year

  2017 2016 2015
  € m € m € m
Total interest income
Total Interest Expenses
Net Interest income
Total Net Revenue
Earnings per share      
Basic 0.08 0.06 0.51
Diluted 0.08 0.06 0.51
Total current assets 26,564 23,009 21,727.20
Other assets
Total assets 31,303 28,706 28,385.19
Total current liabilities 7,239 7,284 3,902.61
Total liabilities 7,908 12,278 13,665.00
Total Equity 23,395 16,428 14,720.19
Net income      
Net cash provided by operating activities 2 3 4
Net cash used for investment activities 0 1 7
Net cash provided by financing activities 1 2 4
Currency in EUR, All numbers in million.