The Banks Group is a family owned, County Durham based, business employing around 400 people across Scotland and the north of England. Founded in 1976, we have 40 years’ experience of developing and delivering complex projects. The Banks Group has a highly experienced development team, working out of offices in Durham and Hamilton. We develop land for a variety of uses including surface coal mining, residential and commercial property, and renewable energy (on shore wind and solar (PV)). Our team sees projects through from inception to completion including gaining all necessary planning permissions. Our development with care approach ensures that our developments have a positive long term effect on the environment and the local communities we serve.
Meadowfield, GB
Size (employees)
74 (est)-2%
The Banks Group was founded in 1976 and is headquartered in Meadowfield, GB
Report incorrect company information

Key People/Management at The Banks Group

Andrew Cunningham

Andrew Cunningham

Non-Executive Director
Chris Gill

Chris Gill

Non-Executive Director
Richard Dunkley

Richard Dunkley

MD, Banks Renewables
Harry Banks

Harry Banks

Founder, Chairman and Chief Executive
David Martin

David Martin

Company Secretary
Simon Fisher

Simon Fisher

Group Finance Director
Show more

The Banks Group Office Locations

The Banks Group has offices in South Lanarkshire, Meadowfield, Hamilton and Cornforth
Meadowfield, GB (HQ)
St John's Rd
Hamilton, GB
Brandon Gate 1 Leechlee Rd
South Lanarkshire, GB
Brandon Gate 1 Leechlee Rd
Show all (4)
Report incorrect company information

The Banks Group Financials and Metrics

Summary Metrics

Founding Date


The Banks Group Financials

The Banks Group's revenue was reported to be £73.94 m in FY, 2016

Revenue (FY, 2016)

73.9 m

Gross profit (FY, 2016)

22.7 m

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

4.6 m

EBITDA (FY, 2016)

24.8 m

EBIT (FY, 2016)

10.9 m

Cash (2-Oct-2016)

13 m
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016


40.9 m43.3 m66.6 m55.3 m54.6 m68.9 m97.4 m128.3 m101.2 m73.9 m

Revenue growth, %


Cost of goods sold

26.3 m33.8 m59.1 m35.6 m39.2 m50.1 m73.4 m87 m68.3 m51.3 m

Gross profit

14.6 m9.5 m7.5 m19.7 m15.4 m18.8 m24 m41.3 m33 m22.7 m
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

3.5 m56 k12.7 m3.5 m617 k2.7 m4.9 m16.5 m24.5 m4.6 m

Cash From Operating Activities

216 k(10.3 m)2.8 m21 m(454 k)14.8 m12.1 m61.8 m18.4 m5.3 m

Dividends Paid

1.1 m1.2 m1.1 m2.2 m2.2 m1.1 m2.2 m3.3 m3.7 m4.7 m

Cash From Financing Activities

(5.1 m)(115 k)25.2 m(8.9 m)(5.7 m)29.7 m31.2 m(21.8 m)(691 k)(3.3 m)
GBPY, 2016


1.2 m


0.1 x

Financial Leverage

3.2 x
Show all financial metrics
Report incorrect company information