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J Banks & Co Limited

00377602

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

UNIT A VERNON PARK, WOLVERHAMPTON, WV10 7HW
Incorporated 03/12/1942

Compliance

Last accounts

31/03/2025

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 23/08/2025

Due 06/09/2026

On track

Industry

32990
Other manufacturing

Officers

Mr John Anthony Wellman

director · Since 01/01/2012

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 3 other boards

Persons with Significant Control

Mr John Anthony Wellman

Significant control

British · England · Age 57

Unit A, Vernon Park, Wolverhampton, WV10 7HW

Notified 06/04/2016

J Banks Industries Limited

ownership-of-shares-75-to-100-percent-as-firm
voting-rights-75-to-100-percent-as-firm
significant-influence-or-control-as-firm

Unit A Vernon Park Industrial Park, Cannock Road, Wolverhampton, WV10 7HW

Reg: 07858888 · Companies House · Limited

Notified 06/04/2016

Former PSCs

Mr David Anthony Wellman

Ceased 29/04/2016

Charges0 outstanding

charge
satisfied

LLOYDS TSB BANK PLC

Created 29/09/2011Registered 01/10/2011Satisfied 26/10/2016
charge
satisfied

LLOYDS TSB BANK PLC

Created 22/08/2011Registered 23/08/2011Satisfied 10/11/2016
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 06/07/2006Registered 08/07/2006Satisfied 26/10/2016
charge
satisfied

BARCLAYS BANK PLC

Created 29/07/2002Registered 07/08/2002Satisfied 16/08/2011
charge
satisfied

BARCLAYS BANK PLC

Created 22/09/1992Registered 01/10/1992Satisfied 19/02/2003
charge
satisfied

BARCLAYS BANK PLC

Created 19/12/1991Registered 07/01/1992Satisfied 16/08/2011

CompanyRankvs 1615+ SIC 32990 peers
70

Financial strength100th percentile among SIC peers · 25/25
Employees33th percentile among SIC peers · 5/15
LiquidityCurrent ratio 17.2× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees5/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

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. Our responsibilities and the responsibilities of the director with respect to g

Key FinancialsYear ending 31/03/2025

Net Worth

£16.6M

Balance sheet strength

Cash

£10.7M

Cash in the bank

Profit Before Tax

£953k

Bottom line earnings

Net Current Assets

£12.8M

Working capital

Current Assets

£13.6M

Current Liabilities

£790k

Fixed Assets

£3.9M

Debtors

£2.4M

Cost of Sales

£4.1M

Admin Expenses

£2.1M

Profit After Tax

£698k

1avg. employees

Tax at Year End

Corp tax£0
Dividends paid£6k

People Costs

Wages & salaries£2.2M

Balance Sheet

Assets less current liabilities£16.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
202517.20

Derived from filed accounts. Not audited figures.