BANCON GROUP 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

• Turnover

  —

  Not reported

• Cash

  -5.8%

  £421,333 → £396,800

• Net assets

  -47.3%

  £1,897,411 → £1,000,046

• Employees

  -20%

  5 → 4

  lowest in 5 filed years

• Operating profit

  -86.3%

  -£640,756 → -£1,194,032

• Profit before tax

  -27.2%

  £2,367,535 → £1,723,420

• Wages

  -18.5%

  £110,841 → £90,299

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

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

1. BANCON GROUP LIMITED 2016-02-16 → present
2. BANCON DEVELOPMENTS LIMITED 1988-12-01 → 2016-02-16
3. BANCHORY CONTRACTORS LIMITED 1975-10-06 → 1988-12-01

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Johnston Carmichael LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors believe the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. BANCON GROUP LIMITED · parent
   1. Bancon Construction Limited 100% · Scotland · Construction
   2. Bancon Homes (Deeside) Limited 100% · Scotland · Housebuilders
   3. Bancon Homes (Donside) Limited 100% · Scotland · Housebuilders
   4. Bancon Homes Limited 100% · Scotland · Housebuilders
   5. Deeside Timberframe Limited 100% · Scotland · Manufacture and supply of timberframe structures

Significant events

• “The principal activity of the company during the financial year was the promotion and management of land interests on behalf of the Group.”
• “The company received dividends from subsidiary companies in the year of £2.9m (2024: £3.0m) and this was passed on to the parent company.”
• “Costs incurred in the year relate to writing down historic land assets to reflect the directors view of net realisable value.”
• “During the year ended 31 March 2025, the directors and management concluded reviews of the net realisable value of its work in progress. This review highlighted an impairment of £1.3m which has been recognised in the year.”

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

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.