RIGHT GROUP HOLDINGS LIMITEDActive
Key figures
RIGHT GROUP HOLDINGS LIMITED does not disclose its turnover in its latest accounts; the profit for the year is as stated in the accounts.
Ratios
2022Balance sheet structure
Dividends
from the accountsDividends paid in the financial year: £11,500,000 (100% of the profit for the year).
Filed accounts2022
| 2022 | |
|---|---|
| Profit for the year | 11,503,907 |
| Cash at bank and in hand | 54,674 |
| Total assets | 653,814 |
| Total liabilities | 3,663 |
| Net assets / total equity | 7,554,458 |
| Average number of employees | 98 |
| Dividends paid | 11,500,000 |
A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.
Principal activity
Accounts 2022The Directors present their Strategic report and financial statements for the year ended 31 December 2022. Review of the business Right Group Holdings (RGH) has been helping customers manage and optimise their business document, IT, and communication processes for over 30 years. The Group's principal activities continue to be the provision of manufacturer independent, best-of-breed products along with nationwide Managed Technology Services including Managed Print, Managed IT, Workplace communications and Data. Our core objective is to grow sales, contracted service revenues and profits whilst retaining our industry leading customer renewal levels by having the right people with the right skillset to engage, manage and support our customers ensuring we are viewed as a value-added partner who consistently delivers service excellence. We seek to minimise both our and our customers' environmental impact and to invest in new services, expansion and in staff development and training to ensure we differentiate ourselves from our competition. We completed a Management Buy Out (MBO) on 1 November 2022 together with an Enterprise Management Initiative (EMI) share option scheme for mid and senior management which now sees the Company majority owned by its management team allowing those that significantly contribute to driving the business forward to share in its future growth and long-term value. In addition, we have strengthened our Board with the addition of Colin Rutherford as a non-
As described in the company's latest filed accounts.
Summary: RIGHT GROUP HOLDINGS LIMITED
Company
RIGHT GROUP HOLDINGS LIMITED is a private limited company registered with Companies House under company number 09576261. It was incorporated on 6 May 2015. Its status is active. The registered office is in London (SW1E). Its nature of business (SIC 2007) is information technology consultancy activities (62020).
Accounts
The latest accounts in the database are for 2022 (period ending 31 Dec 2022); the company files full accounts. Profit for the year was £11,503,907. Net assets were £7,554,458. Cash at bank and in hand was £54,674. Total assets were £653,814 and total liabilities £3,663. The company had an average of 98 employees.
Control and charges
One person with significant control is registered.
Filing deadlines
The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 14 Apr 2027.