banchory holdings limited
banchory holdings limited Company Information
Company Number
11672173
Next Accounts
Dec 2025
Industry
Activities of head offices
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Shareholders
solar ventus limited
banchory investments limited
View AllGroup Structure
View All
Contact
Registered Address
unit 4 nucleus park central way, london, NW10 7XT
Website
-banchory holdings limited Estimated Valuation
Pomanda estimates the enterprise value of BANCHORY HOLDINGS LIMITED at £20.7m based on a Turnover of £16.6m and 1.25x industry multiple (adjusted for size and gross margin).
banchory holdings limited Estimated Valuation
Pomanda estimates the enterprise value of BANCHORY HOLDINGS LIMITED at £11.4m based on an EBITDA of £1.8m and a 6.19x industry multiple (adjusted for size and gross margin).
banchory holdings limited Estimated Valuation
Pomanda estimates the enterprise value of BANCHORY HOLDINGS LIMITED at £0 based on Net Assets of £-4.1m and 1.72x industry multiple (adjusted for liquidity).
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Banchory Holdings Limited Overview
Banchory Holdings Limited is a live company located in london, NW10 7XT with a Companies House number of 11672173. It operates in the activities of head offices sector, SIC Code 70100. Founded in November 2018, it's largest shareholder is solar ventus limited with a 31.2% stake. Banchory Holdings Limited is a young, mid sized company, Pomanda has estimated its turnover at £16.6m with rapid growth in recent years.
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Banchory Holdings Limited Health Check
Pomanda's financial health check has awarded Banchory Holdings Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £16.6m, make it in line with the average company (£19.9m)
£16.6m - Banchory Holdings Limited
£19.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 48%, show it is growing at a faster rate (10.3%)
48% - Banchory Holdings Limited
10.3% - Industry AVG
Production
with a gross margin of 40.8%, this company has a lower cost of product (33.9%)
40.8% - Banchory Holdings Limited
33.9% - Industry AVG
Profitability
an operating margin of 4.5% make it as profitable than the average company (5.3%)
4.5% - Banchory Holdings Limited
5.3% - Industry AVG
Employees
with 178 employees, this is above the industry average (111)
178 - Banchory Holdings Limited
111 - Industry AVG
Pay Structure
on an average salary of £30.3k, the company has a lower pay structure (£46.7k)
£30.3k - Banchory Holdings Limited
£46.7k - Industry AVG
Efficiency
resulting in sales per employee of £93.3k, this is less efficient (£194.8k)
£93.3k - Banchory Holdings Limited
£194.8k - Industry AVG
Debtor Days
it gets paid by customers after 32 days, this is earlier than average (44 days)
32 days - Banchory Holdings Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is quicker than average (42 days)
36 days - Banchory Holdings Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 22 days, this is less than average (40 days)
22 days - Banchory Holdings Limited
40 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (15 weeks)
2 weeks - Banchory Holdings Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 155.5%, this is a higher level of debt than the average (61.4%)
155.5% - Banchory Holdings Limited
61.4% - Industry AVG
BANCHORY HOLDINGS LIMITED financials
Banchory Holdings Limited's latest turnover from March 2024 is £16.6 million and the company has net assets of -£4.1 million. According to their latest financial statements, Banchory Holdings Limited has 178 employees and maintains cash reserves of £169.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|---|
| Turnover | 16,604,337 | 14,273,764 | 10,701,880 | 5,152,415 | 9,785,420 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 9,831,233 | 8,415,127 | 6,220,624 | 3,617,137 | 5,738,973 |
| Gross Profit | 6,773,104 | 5,858,637 | 4,481,256 | 1,535,278 | 4,046,447 |
| Admin Expenses | 6,019,860 | 6,109,552 | 4,343,713 | 2,910,404 | |
| Operating Profit | 753,244 | -250,915 | 137,543 | -1,375,126 | |
| Interest Payable | 559,493 | 493,556 | 555,108 | 477,209 | 483,306 |
| Interest Receivable | 1,206 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 194,957 | -744,471 | -417,565 | -1,852,335 | 1,078,520 |
| Tax | -280,560 | -51,093 | -78,058 | 184,840 | -45,154 |
| Profit After Tax | -85,603 | -795,564 | -495,623 | -1,667,495 | 1,033,366 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -85,603 | -795,564 | -495,623 | -1,667,495 | 1,033,366 |
| Employee Costs | 5,397,080 | 4,930,317 | 3,229,788 | 2,115,676 | 3,368,029 |
| Number Of Employees | 178 | 167 | 132 | 81 | 98 |
| EBITDA* | 1,845,475 | 1,082,508 | 1,347,191 | -238,217 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|---|
| Tangible Assets | 1,115,454 | 817,658 | 1,050,233 | 1,342,215 | 1,718,827 |
| Intangible Assets | 3,614,580 | 4,330,564 | 5,046,548 | 5,668,228 | 7,160,115 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 186,546 |
| Total Fixed Assets | 4,730,034 | 5,148,222 | 6,096,781 | 7,010,443 | 9,065,488 |
| Stock & work in progress | 599,399 | 564,417 | 428,889 | 326,835 | 360,682 |
| Trade Debtors | 1,457,815 | 1,313,739 | 1,150,874 | 508,609 | 863,401 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 439,287 | 601,880 | 641,607 | 486,471 | 299,897 |
| Cash | 169,177 | 214,006 | 148,117 | 304,629 | 204,856 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,665,678 | 2,694,042 | 2,369,487 | 1,626,544 | 1,728,836 |
| total assets | 7,395,712 | 7,842,264 | 8,466,268 | 8,636,987 | 10,794,324 |
| Bank overdraft | 0 | 0 | 219,454 | 2,204 | 0 |
| Bank loan | 1,069,017 | 1,509,172 | 850,000 | 546,623 | 785,767 |
| Trade Creditors | 971,773 | 960,668 | 773,313 | 496,316 | 670,528 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 62,948 |
| hp & lease commitments | 16,017 | 15,015 | 3,753 | 46,407 | 45,915 |
| other current liabilities | 1,920,799 | 1,573,775 | 1,079,339 | 677,247 | 1,129,482 |
| total current liabilities | 3,977,606 | 4,058,630 | 2,925,859 | 1,768,797 | 2,694,640 |
| loans | 5,190,160 | 5,540,160 | 6,567,160 | 7,406,306 | 3,151,328 |
| hp & lease commitments | 19,597 | 34,997 | 0 | 0 | 26,500 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 2,159,323 | 2,121,485 | 2,086,640 | 2,054,480 | 4,069,510 |
| provisions | 151,122 | 97,592 | 100,510 | 125,682 | 166,278 |
| total long term liabilities | 7,520,202 | 7,794,234 | 8,754,310 | 9,586,468 | 7,413,616 |
| total liabilities | 11,497,808 | 11,852,864 | 11,680,169 | 11,355,265 | 10,108,256 |
| net assets | -4,102,096 | -4,010,600 | -3,213,901 | -2,718,278 | 686,068 |
| total shareholders funds | -4,102,096 | -4,010,600 | -3,213,901 | -2,718,278 | 686,068 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 753,244 | -250,915 | 137,543 | -1,375,126 | |
| Depreciation | 376,247 | 617,439 | 587,968 | 515,229 | 569,364 |
| Amortisation | 715,984 | 715,984 | 621,680 | 621,680 | 869,933 |
| Tax | -280,560 | -51,093 | -78,058 | 184,840 | -45,154 |
| Stock | 34,982 | 135,528 | 102,054 | -33,847 | 360,682 |
| Debtors | -18,517 | 123,138 | 797,401 | -354,764 | 1,349,844 |
| Creditors | 11,105 | 187,355 | 276,997 | -174,212 | 670,528 |
| Accruals and Deferred Income | 347,024 | 494,436 | 402,092 | -452,235 | 1,129,482 |
| Deferred Taxes & Provisions | 53,530 | -2,918 | -25,172 | -40,596 | 166,278 |
| Cash flow from operations | 1,960,109 | 1,451,622 | 1,023,595 | -331,809 | |
| Investing Activities | |||||
| capital expenditure | 0 | 0 | 0 | 0 | -449,386 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | -449,386 |
| Financing Activities | |||||
| Bank loans | -440,155 | 659,172 | 303,377 | -239,144 | 785,767 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | -62,948 | 62,948 |
| Long term loans | -350,000 | -1,027,000 | -839,146 | 4,254,978 | 3,151,328 |
| Hire Purchase and Lease Commitments | -14,398 | 46,259 | -42,654 | -26,008 | 72,415 |
| other long term liabilities | 37,838 | 34,845 | 32,160 | -2,015,030 | 4,069,510 |
| share issue | |||||
| interest | -558,287 | -493,556 | -555,108 | -477,209 | -483,306 |
| cash flow from financing | -1,330,895 | -781,415 | -1,101,371 | -302,212 | 7,311,364 |
| cash and cash equivalents | |||||
| cash | -44,829 | 65,889 | -156,512 | 99,773 | 204,856 |
| overdraft | 0 | -219,454 | 217,250 | 2,204 | 0 |
| change in cash | -44,829 | 285,343 | -373,762 | 97,569 | 204,856 |
banchory holdings limited Credit Report and Business Information
Banchory Holdings Limited Competitor Analysis
Perform a competitor analysis for banchory holdings limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in NW10 area or any other competitors across 12 key performance metrics.
banchory holdings limited Ownership
BANCHORY HOLDINGS LIMITED group structure
Banchory Holdings Limited has no subsidiary companies.
Ultimate parent company
BANCHORY HOLDINGS LIMITED
11672173
banchory holdings limited directors
Banchory Holdings Limited currently has 4 directors. The longest serving directors include Mr James Hanson (Nov 2018) and Mr Nicolas Hanson (Feb 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Hanson | 78 years | Nov 2018 | - | Director | |
| Mr Nicolas Hanson | United Kingdom | 54 years | Feb 2019 | - | Director |
| Mr Simon Morrish | United Kingdom | 50 years | Jun 2024 | - | Director |
| Mr John Bason | Scotland | 67 years | Jun 2024 | - | Director |
P&L
March 2024turnover
16.6m
+16%
operating profit
753.2k
-400%
gross margin
40.8%
-0.62%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-4.1m
+0.02%
total assets
7.4m
-0.06%
cash
169.2k
-0.21%
net assets
Total assets minus all liabilities
banchory holdings limited company details
company number
11672173
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
November 2018
age
7
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
STERLING LTD
address
unit 4 nucleus park central way, london, NW10 7XT
Bank
-
Legal Advisor
-
banchory holdings limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 5 charges/mortgages relating to banchory holdings limited. Currently there are 4 open charges and 1 have been satisfied in the past.
banchory holdings limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for BANCHORY HOLDINGS LIMITED. This can take several minutes, an email will notify you when this has completed.
banchory holdings limited Companies House Filings - See Documents
| date | description | view/download |
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