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Dave Russel was a 753 Reynolds certified builder, so I am quite sure that frame is also Reynolds.
I saw a touring Dave Russel red bike (set up as fancy, leathery fixed) just the other day parked in central Twickenham and spent a few minutes staring at it, it was rather beautiful and seemed top quality stuff.
Then went home to read a bit more about him
Unfortunately he died of hearth attack in 2008 (there's a post from his son on a forum)
Worth saying that the link above is to an auction which ended without any bidders, but if you look at my other items you will see that it has been relisted.....