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)
Type
Private
HQ
Meadowfield, GB
Founded
1976
Size (employees)
72 (est)+3%
The Banks Group was founded in 1976 and is headquartered in Meadowfield, GB

Key People 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
Gavin Styles

Gavin Styles

Group Executive Director

The Banks Group Office Locations

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

The Banks Group Data and Metrics

Summary Metrics

Founding Date

1976

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.
GBP

Revenue (FY, 2015)

101.2 m

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

(21%)

Gross profit (FY, 2015)

33 m

Gross profit margin (FY, 2015), %

33%

Net income (FY, 2015)

24.5 m

Cash (04-Oct-2015)

44.7 m
GBPFY, 2013FY, 2014FY, 2015

Revenue

97.4 m128.3 m101.2 m

Revenue growth, %

32%(21%)

Cost of goods sold

73.4 m87 m68.3 m

Gross profit

24 m41.3 m33 m
GBPFY, 2013FY, 2014FY, 2015

Cash

11.4 m34.6 m44.7 m

Accounts Receivable

12.5 m17.4 m17.5 m

Current Assets

78 m85.3 m94.7 m

PP&E

114.2 m107 m104.7 m
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
Show all financial metrics

Traffic Overview of The Banks Group

The Banks Group Online and Social Media Presence

The Banks Group News and Updates

Coal Price Surge Sets Miners Against Activists by English Seaside

Opponents behind the Save Druridge Bay campaign call the proposed mine "sacrilege."

Opencast coal mine planned for Northumberland coast

Plans to open a new mine have been criticised by local residents and NGOs for contradicting government commitments to reduce greenhouse gas emissions and phase out coal, reports ENDSA new surface coal mine could be created on the scenic Northumberland coast if an application is approved next month.B…

The Banks Group Company Life and Culture

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