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Company No. 00377602 · Incorporated 3 Dec 1942

J Banks & Co Limited

Registered name: J BANKS & CO LIMITED

Part of J Banks Industries Limited group

J Banks & Co Limited made £6.8m revenue and £698k profit in the year to 31 Mar 2025. read from filing text

J Banks & Co Limited’s revenue grew 13% to £6.8m in the year to 31 Mar 2025, with £698k profit and 71 employees. The company is classified under “other manufacturing” and is based in Wolverhampton; we hold 2 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 32990Other manufacturing n.e.c.
Status
Active
Location
Wolverhampton, West Midlands
Age
83 yrs · since 1942
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The company's immediate parent is J Banks Industries Limited, incorporated in England & Wales.”

Latest accounts · year to 31 Mar 2025

Key figures

Operating leverageDoing more with less
Revenue
£6.8m
Growth ▲12.7%
Profit
£698k
Growth ▲48.4%
Profit margin
10.2%
Gross 39.2%
Employees
71
Change ▼17.4%
Profit / employee
£9.8k
Revenue/employee £96k
Profitable streak
2yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202431 Mar 2025
DisclosureFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£6.1m£6.8m
Cost of sales£3.6m£4.1m
Gross profit£2.4m£2.7m
Operating profit£415k£599k
Profit before tax£647k£953k
Profit after tax£470k£698k
Profit (best available)£470k£698k
Staff costs£2.1m£2.4m
Employees (average)8671
Ratios
Profit margin7.8%10.2%
Gross margin40%39.2%
Revenue per employee£70.3k£96k
Profit per employee£5.5k£9.8k
Growth (year on year)
Revenue growth—▲12.7%
Profit growth—▲48.4%
Headcount growth—▼17.4%
Balance sheet — indirect signals, not revenue
Cash at bank£10.2m£10.7m
Net assets£16m£16.6m
Fixed assets£4m£3.9m
Current assets£12.9m£13.6m
Debtors£1.1m£1.3m
Deferred income£113k£117k
SourceFullAccounts · bulk data Dec 2025FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
10.2%
Profit ÷ revenue.
Gross margin
39.2%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£96k
Revenue ÷ average employees.
Profit per employee
£9.8k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
57%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
1.7%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
19.1%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
▲4%
Now £16.6m
Cash at bank
▲5%
Now £10.7m
Headcount
▼17%
Now 71
Deferred income
▲4%
Now £117k
Fixed assets
▼2%
Now £3.9m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. J Banks Industries Limitedultimate parent75–100%
  2. J Banks & Co Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £698k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Updated from Companies House on 11 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.