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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

Latest balance sheet

Net assets

£9M

+15.1% vs 2024

Employees

89

-5.3% lowest in 4 filed years

Profit before tax

£4M

+34.9% vs 2024

Accounts

4-year trend · latest reflected 2025-03-31

Metric Trend 2022-03-312023-03-312024-03-312025-03-31
Turnover £62,567,000£78,257,000
Operating profit £3,893,000£4,681,000
Profit before tax £2,689,000£3,627,000
Net profit £3,062,000£3,214£2,019£2,678
Cash
Total assets less current liabilities £7,826,000£9,004,000
Net assets £7,826,000£9,004,000
Equity £7,826,000£9,004,000
Average employees 91999489
Wages £4,688,000£4,839,000
Directors' remuneration £415,000£449,000

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

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 2022-03-312023-03-312024-03-312025-03-31
Operating margin 6.2%6.0%
Net margin 0.0%0.0%
Return on capital employed 49.7%52.0%
Current ratio 1.19x1.27x
Interest cover 3.23x4.44x

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 1 time since incorporation

  1. BANCON HOMES LIMITED 1989-09-27 → present
  2. KATLAW LIMITED 1989-06-22 → 1989-09-27

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Johnston Carmichael LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In auditing the financial statements, we have concluded that the Directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

6 active · 17 resigned

Name Role Appointed Born Nationality
ADAMSON, James Director 2023-07-04 Jun 1990 British
DICK, Kate Director 2026-05-07 Apr 1990 British
FOTHERINGHAM, Craig Director 2023-11-28 Nov 1977 Scottish
LUMSDEN, Philip, Mr. Director 2024-01-11 Sep 1975 British
TOSH, James David Director 2017-04-01 Sep 1974 British
TWEEDIE, Andrew Hamilton Director 2017-11-01 Jul 1976 British
Show 17 resigned officers
Name Role Appointed Resigned
CASSIDY, David Secretary 2010-05-01 2015-09-18
CRICHTON, George Secretary 1989-06-22 1990-09-12
SHARP, Ian Secretary 2010-04-30
BEATTIE, William Director 2001-04-26 2014-09-12
BURNETT OF LEYS, Fiona Mercedes Director 1991-04-26
BURNETT OF LEYS, James Comyn Amherst Director 2019-07-22
CLOW, Allan James Director 2015-11-23 2023-07-04
GARDEN, Frank Director 2002-11-29
HENNEBERG, Sarah Watt Director 2015-08-03 2023-07-04
HOGG, Philip John Director 2016-02-01 2016-05-19
INNES, Iain Baxter Director 2014-06-05 2015-08-28
IRVINE, John Christopher Director 2015-02-02 2023-09-29
MCCOLGAN, Kevin James Director 2023-09-29 2024-09-18
MCNIVEN, Alan Ross Nominee Director 1989-06-22 1990-09-12
REAY, Graeme Douglas Director 2016-05-19 2018-08-31
SHARP, Ian Director 1991-04-26 2010-10-01
SKINNER, Joanne Director 2017-10-16 2024-09-27

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 209 total filings

Date Type Category Description
2026-05-07 AP01 officers Appoint person director company with name date PDF
2026-04-21 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2026-04-21 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2026-02-26 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-12-02 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-10-13 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-09-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-08-12 AA accounts Accounts with accounts type full PDF
2025-03-27 MR04 mortgage Mortgage satisfy charge full PDF
2024-12-02 AA accounts Accounts with accounts type full PDF
2024-09-30 TM01 officers Termination director company with name termination date PDF
2024-09-30 TM01 officers Termination director company with name termination date PDF
2024-09-25 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-07-02 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-07-02 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-01-11 AP01 officers Appoint person director company with name date PDF
2023-12-08 AA accounts Accounts with accounts type full PDF
2023-11-28 AP01 officers Appoint person director company with name date PDF
2023-11-17 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2023-11-15 MR04 mortgage Mortgage satisfy charge full PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
8

last 12 months

Capital events
0

last 24 months

Officers appointed
1

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page