Ramsdens Financial

  • Sector Financial Services
  • Location County Durham, UK
  • LTM Revenue c. £30m
  • Deal Type MBO
  • Deal Date September 2014
  • Employees 522
  • NorthEdge Contacts Andy Ball
    Tom Rowley
  • Board Members Andy Ball
    Tom Rowley
Visit website here

Business Description

Ramsdens Financial Limited (Ramsdens) is the UK’s largest independent pawnbroker with 522 employees and more than 120 branches across North East England, Yorkshire, Scotland and Wales.


Founded in 1987 in Stockton-on-Tees, Ramsdens is a recognised and respected high street retailer of financial services. The business has set itself apart in the marketplace as a result of its focus on developing long-term customer relationships, its differentiated offering and ability to successfully add other service lines, such as foreign exchange, which provide customers with great service and a great deal.

NorthEdge Investment Rationale

NorthEdge was attracted to Ramsdens because of its strong position in a niche and exciting part of the financial services market. The Company had doubled its store portfolio over the three years to September 2014, which provided the business with a robust platform from which to continue to grow through its focus on transparency and excellent reputation.


Ramsdens has a very strong incumbent management team led by Peter Kenyon alongside Operations Director, Mike Johnson and Finance Director, Kevin Brown. The team are supported by Andy Meehan as Non Executive Chairman who has a wealth of experience in a number of retail businesses including ghd and American Golf.

The investment from NorthEdge has allowed the business to further enhance its store portfolio, expand and grow its core products, and continue to provide customers with excellent service.

Peter Kenyon, Chief Executive of Ramsdens, said: “NorthEdge have been easy and straightforward to deal with from the outset.  They understand what Ramsdens is trying to achieve and how we meet the needs of our customers.  We look forward to taking Ramsdens on to the next stage of its development as we see good growth potential in our target markets.”

Previous Next