BANKS HOMES 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

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Under Company Law, the directors are required to consider whether it is appropriate to prepare financial statements on the basis that the company is a going concern. As part of its normal business practice, cash flow forecasts, longer term financial projections and sensitivity analysis are prepared and in reviewing this information the Board has a reasonable expectation that, as part of the Banks Group Holdings Limited group, the company and Group has adequate resources to continue in operational existence for the foreseeable future. Furthermore, Banks Group Holdings Limited, as the ultimate parent company, will support the company to enable the company to fund its working capital and debt service requirements for at least a period of 12 months from the date of approval of these financial statements.”

Significant events

• “The business commenced trading during the last financial year, with the key focus on building the team, and developing the Banks Homes brand and house designs. In the period we commenced construction at Symeon Court, Durham and Cathedral Meadows, Durham which will deliver completions during the next financial year. During the year a number of land purchase contracts were exchanged for sites to deliver from 2026.”

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

Filings

19

last 12 months

Capital events

4

last 24 months

Officers appointed

1

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

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  -469.4%

  -£229,000 → -£1,304,000

• Employees

  +450%

  2 → 11

• Operating profit

  -368.9%

  -£305,000 → -£1,430,000

• Profit before tax

  -368.9%

  -£305,000 → -£1,430,000

• Wages

  +481.2%

  £117,000 → £680,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers