2010 Profit Track 100
Rank: 31 Richmond Group
Provides its staff with free breakfasts and subsidised food
The Richmond Group says it procures loans for 10,000 customers a week who cannot access credit any other way, perhaps because of a poor credit history. The business offers its own unsecured loans through its FLM Loans subsidiary and its Loanfinder UK brand sells other companies’ loans. Payment Guard provides accident, sickness and unemployment insurance, and Debt Line offers debt-management services. Profits at the Bournemouth firm have grown 76% a year from £2.7m in 2006 to £15m in 2009 under the leadership of its founder, James Benamor.
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The Richmond Group says it procures loans for 10,000 customers a week who cannot access credit any other way, perhaps because of a poor credit history. The business offers its own unsecured loans through its FLM Loans subsidiary and its Loanfinder UK brand sells other companies’ loans. Payment Guard provides accident, sickness and unemployment insurance, and Debt Line offers debt-management services. Profits at the Bournemouth firm have grown 76% a year from £2.7m in 2006 to £15m in 2009 under the leadership of its founder, James Benamor.
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Company facts
Richmond Group
Financial services provider
Company website
| Profit growth | 75.93% pa |
| 2009 profit | £15.0m |
| 2006 profit | £2.7m |
| 2009 staff | 372 |
| Founded | 1999 |
| Location of HQ | Bournemouth |
| If applicable: * = annualised figures ‡ = draft accounts |
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