J Banks & Co Limited
Registered name: J BANKS & CO LIMITED
Part of J Banks Industries Limited groupJ 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.
- 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.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full 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) | 86 | 71 |
| Ratios | ||
| Profit margin | 7.8% | 10.2% |
| Gross margin | 40% | 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 |
| Source | FullAccounts · bulk data Dec 2025 | FullAccounts · bulk data Dec 2025 |
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.
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.
Group structure
Ownership chain
- J Banks Industries Limitedultimate parent75–100%
- J Banks & Co Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- J Banks Holdings LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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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.