NuGen Properties

Fifth year of pre-tax losses for RSK

Fifth year of pre-tax losses for RSK


Alan Ryder, founder and chief executive of RSK
Alan Ryder, founder and chief executive of RSK

Since RSK last made a pre-tax profit, back in 2016/17, its turnover has grown from £112m to £796m thanks to dozens of acquisitions.

So long as the money keeps coming in to repay the lenders, the board is happy.

In the year to 3rd April 2022 RSK made a pre-tax loss of £38.1m on turnover of £796m (2021: £18.9 loss on £350.5m turnover).

In the same year RSK paid out £39.9m in interest payments (2021: £22.8m).

Over the past three years RSK has lost £72.7m before tax after paying £81.5m in interest repayments.

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Dan Morten 18/01/22

Google
Easy to work with, Jordan and the team were professional and were easy to communicate with.
Would highly recommend.

Di Hayes 20/08/22

Google
NuGen Properties built an extension to the rear of my property, replacing the old conservatory. I am so pleased I chose this company. From the initial quotation, through the build and after they were professional, polite & well mannered. They kept the site tidy throughout the build and kept me informed of each stage as it happened. The work was finished to a good standard and I have had nothing but compliments on their work. I am already planning for them to come back and do some more work for me in a few months. I would 100% recommend them.

Bradley Eyles 20/06/23

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Nugen were fantastic throughout the works they carried out on my property, Jordan provided constant updates and ensure any questions I had were always answered. All works were completed in a timely fashion, on budget and exceptional customer service. Highly recommend!

Sonny Carter-heyward 29/02/22

Google
Brilliant service, renovated my house to make a dream a reality. Thanks guys

sitemanager 22/01/23

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Great firm to communicate with fast and good quality work.