JOHN BANKS LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Cooper Parry Group Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. JOHN BANKS LIMITED · parent
   1. John Banks (Ipswich) Limited 100% · United Kingdom · Dormant

Significant events

• “Stabilisation of 2023 acquisitions - Renault & Dacia Ipswich and the Colchester multi-franchise site (Mazda, Honda Cars, and Honda Motorcycles) are now fully integrated, contributing positively to revenue and customer reach.”
• “Turnover growth of 15% year-on-year, underpinned by increased new vehicle availability and strong aftersales performance.”
• “Rising finance and general overhead costs due to higher social security, pension, interest rates and stocking charges, which offset the majority of the operational gains.”
• “Investment in people and systems - after a year of appointing a dedicated HR Manager and Training Manager - we have seen improved supported culture, engagement, and long-term retention, with additional recognition of long service and career progression opportunities.”
• “The directors have approved a multi-year restructuring and growth plan (2025-2028) designed to strengthen financial resilience, modernise operations, and position the Group for the rapid changes in the automotive sector.”
• “Banking Transition: Moving from HSBC to a more automotive-aligned funding partner, supported by Conatus Financing Solutions, to secure improved stocking and working capital facilities.”
• “Network Restructure: Implementing a Renault-Dacia-Alpine hub-and-spoke model, centered in Colchester, with Cambridge serving as a Recovery Excellence Hub.”
• “Site Reallocation: Consolidating Honda Motorcycles into Colchester, while exploring new EV and niche brand opportunities for the Bury St Edmunds location.”
• “Agency Model Implementation: Transitioning Honda operations into the manufacturer's agency model, requiring new digital processes and sales structures.”
• “Digital Transformation: Launching the new "Autonomy" website platform in late 2025, integrating Marketing Delivery AI, Codeweavers finance tools, and enhanced customer data capture across all brands.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +15.1%

  £104,787,137 → £120,564,355

• Cash

  -25.3%

  £24,902 → £18,593

• Net assets

  -14.8%

  £3,189,716 → £2,717,726

  lowest in 4 filed years

• Employees

  +7.8%

  192 → 207

  highest in 4 filed years

• Operating profit

  -26.5%

  £1,862,382 → £1,369,031

• Profit before tax

  -104.3%

  £936,480 → -£40,024

  lowest in 4 filed years

• Wages

  +17%

  £5,925,322 → £6,935,136

  highest in 4 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers