BANCON CONSTRUCTION LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-09-26 (in 4mo)
Last made up 2025-09-12
Watchouts
None on the register
Cash
£1M
-56.5% vs 2024
Net assets
£3M
+66.1% vs 2024
Employees
23
-45.2% lowest in 4 filed years
Profit before tax
£1M
+194.1% vs 2024
Net assets
4-year trend · vs Industrials median
Accounts
4-year trend · latest reflected 2025-03-31
| Metric | Trend | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £47,202,000 | £42,998,000 | |
| Operating profit | — | — | £1,347,000 | £1,047,000 | |
| Profit before tax | — | — | £356,000 | £1,047,000 | |
| Net profit | -£484,000 | £977 | £1,583 | £2,630 | |
| Cash | — | — | £2,356,000 | £1,026,000 | |
| Total assets less current liabilities | — | — | £2,746,000 | £3,884,000 | |
| Net assets | — | — | £1,583,000 | £2,630,000 | |
| Equity | — | — | £1,583,000 | £2,630,000 | |
| Average employees | 54 | 53 | 42 | 23 | |
| Wages | — | — | £2,237,000 | £1,538,000 | |
| Directors' remuneration | — | — | £0 | £0 |
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
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
-8.9%
£47,202,000 £42,998,000
-
Cash
-56.5%
£2,356,000 £1,026,000
-
Net assets
+66.1%
£1,583,000 £2,630,000
-
Employees
-45.2%
42 23
lowest in 4 filed years
-
Operating profit
-22.3%
£1,347,000 £1,047,000
-
Profit before tax
+194.1%
£356,000 £1,047,000
-
Wages
-31.2%
£2,237,000 £1,538,000
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|
| Operating margin | — | — | 2.9% | 2.4% | |
| Net margin | — | — | 0.0% | 0.0% | |
| Return on capital employed | — | — | 49.1% | 27.0% | |
| Gearing (liabilities / total assets) | — | — | 88.1% | 77.4% | |
| Current ratio | — | — | 1.26x | 1.50x |
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.
Name history
Renamed 3 times since incorporation
- BANCON CONSTRUCTION LIMITED 2009-11-03 → present
- BANCHORY CONTRACTORS LIMITED 1988-12-01 → 2009-11-03
- BANCHORY CONTRACTORS (ABERDEEN) LIMITED 1984-02-08 → 1988-12-01
- BANCHORY CONTRACTORS ABERDEEN LIMITED 1983-04-13 → 1984-02-08
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Johnston Carmichael LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“While approving these financial statements the directors have performed an assessment of the company's ability to continue as a going concern. When performing this assessment the directors have considered a period of at least twelve months from the date of approving the financial statements. During this going concern basis period the directors have had regard to the company's future order book, the strength of activity in its core sector and the expected cashflows from those activities. The directors have also considered the potential impact on the business and its cashflows of reasonably plausible downside risks. Based on these analyses the directors are satisfied it is appropriate to continue to adopt the going concern basis of accounting in preparing the financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 22 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ADAMSON, James | Director | 2023-07-04 | Jun 1990 | British |
| LUMSDEN, Philip, Mr. | Director | 2024-01-11 | Sep 1975 | British |
| TOSH, James David | Director | 2024-09-18 | Sep 1974 | British |
| TWEEDIE, Andrew Hamilton | Director | 2017-11-01 | Jul 1976 | British |
Show 22 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CASSIDY, David | Secretary | 2010-05-01 | 2015-09-18 |
| SHARP, Ian | Secretary | — | 2010-04-30 |
| BEATTIE, William | Director | 2001-05-01 | 2014-09-12 |
| BOWIE, Graeme | Director | — | 2006-02-15 |
| BURNETT OF LEYS, James Comyn Amherst | Director | — | 2019-07-22 |
| CASSIDY, David | Director | 2007-01-31 | 2015-09-18 |
| CLOW, Allan James | Director | 2021-09-20 | 2023-07-04 |
| CLOW, Allan James | Director | 2015-11-23 | 2017-11-01 |
| CURRIE, Gavin | Director | 2015-05-20 | 2021-09-20 |
| FAWNS, Peter Robertson | Director | 2011-01-06 | 2014-05-09 |
| GARDEN, Frank | Director | — | 2002-11-29 |
| IMLACH, William James | Director | 2014-10-01 | 2016-07-12 |
| IRVINE, John Christopher | Director | 2015-02-02 | 2023-09-29 |
| MASSON, Robert | Director | 2007-01-31 | 2010-06-11 |
| MCCOLGAN, Kevin James | Director | 2023-09-29 | 2024-09-18 |
| MCKENZIE, William | Director | — | 1991-11-30 |
| MILNE, Andrew William | Director | 2007-06-15 | 2015-12-10 |
| MURDO, Frank | Director | — | 2004-11-30 |
| MURDOCH, Joseph | Director | 2013-12-01 | 2015-04-30 |
| PARSONS, George | Director | 2003-11-17 | 2015-06-26 |
| ROGIE, Alexander | Director | — | 2002-05-01 |
| SHARP, Ian | Director | — | 2010-04-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bancon Group Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 162 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-08-12 | AA | accounts | Accounts with accounts type full | |
| 2024-12-02 | AA | accounts | Accounts with accounts type full | |
| 2024-09-30 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-30 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-11 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-08 | AA | accounts | Accounts with accounts type full | |
| 2023-09-29 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-29 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-17 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-17 | TM01 | officers | Termination director company with name termination date | |
| 2022-09-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-05 | AA | accounts | Accounts with accounts type full | |
| 2021-10-01 | TM01 | officers | Termination director company with name termination date | |
| 2021-10-01 | AP01 | officers | Appoint person director company with name date | |
| 2021-09-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-20 | AA | accounts | Accounts with accounts type full | |
| 2021-04-01 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.