The Banks Group

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.
Company Growth (employees)
Meadowfield, GB
Size (employees)
69 (est)+2%
The Banks Group was founded in 1976 and is headquartered in Meadowfield, GB

The Banks Group Office Locations

The Banks Group has offices in Meadowfield, Hamilton and Cornforth
Meadowfield, GB (HQ)
St John's Rd
Hamilton, GB
Brandon Gate 1 Leechlee Rd

The Banks Group Data and Metrics

Summary Metrics

Founding Date


The Banks Group Financial Metrics

The Banks Group's revenue was reported to be £101.2 m in FY, 2015 which is a 21% decrease from the previous period.

Revenue (FY, 2015)

101.2 m

Revenue growth (FY, 2014 - FY, 2015), %


Gross profit (FY, 2015)

33 m

Gross profit margin (FY, 2015), %


Net income (FY, 2015)

24.5 m

Cash (04-Oct-2015)

44.7 m
GBPFY, 2013FY, 2014FY, 2015


97.4 m128.3 m101.2 m

Revenue growth, %


Cost of goods sold

73.4 m87 m68.3 m

Gross profit

24 m41.3 m33 m

Gross profit Margin, %


Operating expense total

12.7 m14 m15.1 m

Pre tax profit

7 m21.6 m27.6 m

Net Income

4.9 m16.5 m24.5 m
GBPFY, 2013FY, 2014FY, 2015


11.4 m34.6 m44.7 m

Accounts Receivable

12.5 m17.4 m17.5 m

Current Assets

78 m85.3 m94.7 m


114.2 m107 m104.7 m

Total Assets

192.2 m192.2 m199.4 m

Accounts Payable

7 m4.2 m3.8 m

Current Liabilities

34.4 m33.5 m19.7 m

Total Liabilities

157.3 m144.1 m130.6 m

Retained Earnings

2.7 m13.2 m20.7 m

Total Equity

34.9 m48.1 m68.8 m

Financial Leverage

5.5 x4 x2.9 x
GBPFY, 2013FY, 2014FY, 2015

Cash From Operating Activities

12.1 m61.8 m23.1 m

Cash From Financing Activities

31.2 m(21.8 m)(691 k)

Income Taxes Paid

(2.1 m)(5.1 m)(3.1 m)
Y, 2015

Financial Leverage

2.9 x

The Banks Group Online and Social Media Presence

The Banks Group News and Updates

The Banks Group Company Life and Culture

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