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Scottish house-builder doubles benefit

Machexpert by Machexpert
August 12, 2025
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Bancon Group chief financial officer Andrew Tweedie (left) and chairman Bob McAlpine
Bancon Crew leader monetary officer Andrew Tweedie (left) and chairman Bob McAlpine

Aberdeenshire house-building and building company Bancon Crew has filed accounts for the yr to 31st March 2025 appearing pre-tax income of £2.6m, up from £1.3m the former yr, and turnover up by way of 13% to £110.7m (2014: £97.7m).

Based in Banchory in 1975 and celebrating its fiftieth anniversary this yr, Bancon Crew immediately employs round 250 other folks throughout its 3 buying and selling divisions: Bancon Houses, Bancon Building and Deeside Timberframe.

Bancon Houses noticed a 38% build up within the collection of non-public properties bought which drove a 22% build up in turnover on this trade.

The trade reported that “whilst the affect of uncertainty round geopolitical occasions and UK coverage bulletins had an affect on buyer urge for food post-Christmas, customer ranges and gross sales have recovered since that time and this momentum has been maintained into the brand new monetary yr”.

Deeside Timberframe’s turnover higher by way of 23% at the earlier yr. A persisted focal point on potency together with relative steadiness in uncooked subject matter costs allowed margins to be maintained. 

Related Information

Bancon Building noticed turnover dip by way of 9% but it surely manged to submit its perfect pre-tax benefit since 2007.

Leader monetary officer Andrew Tweedie mentioned: “This can be very enjoyable so as to document an important uplift in income within the yr to March 2025. Those accounts construct at the robust effects we completed remaining yr, regardless of the variability of pressures being confronted by way of the business.

“While there was some easing of the headwinds in sure spaces, our sector continues to stand difficult prerequisites which makes our efficiency over this era the entire extra notable. Our effects are testomony to the luck of the methods in position around the staff and the determination and skills of the folks serious about turning in them.

“We’re focused on additional benefit expansion within the present monetary yr and feature made a good get started, with robust gross sales throughout each our houses and timberframe companies in addition to an important contract win in our retrofit building trade.”

Paintings has additionally began on Bancon’s newest non-public housing construction, Valley View at Milltimber in Aberdeen. The brand new property of 4 and five-bedroom properties on North Deeside Highway is because of release to patrons later this yr.

Were given a tale? Electronic mail information@theconstructionindex.co.united kingdom



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