Bennamann Ltd

Bennamann Ltd, based in Newquay, UK, is a small, holding company with an active status. Established thirteen years ago in 2012, it employs twenty-seven people and holds assets valued at £7,563,397. The company, with seven directors and one owner, regularly imports machinery, boilers, and mechanical appliances, parts (for nine months), and exports similar items (for four months). Its registered address is real, with only one other company registered there.

The company’s core business revolves around providing clean energy solutions to farmers. Bennamann designs, deploys, and supports methane capture systems that convert livestock manure into biogas, which can then be used to power farm operations, reduce carbon footprints, and generate revenue. It operates through several divisions: Bennamann Ltd (research, development, engineering, and manufacturing), Bennamann Energy Ltd (marketing, sales, and distribution), and partners with CNH Industrial for manufacturing and technology sales. The company’s website highlights its innovative technologies, projects, and partnerships, with a focus on energy independence, mobile offgrid EV charging, and biomethane supply.

Financially, Bennamann Ltd shows a mixed picture. Cash bank on hand increased dramatically by 1600%, reaching £4,800,000, while current assets increased by 190% to £7,600,000. However, retained earnings accumulated losses decreased by 80%, resulting in a net assets total of £8,500,000. Bank borrowings increased by a significant amount, and creditors decreased, suggesting better debt management. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increase in bank borrowings and the sharp equity drop raises questions. The company is unaudited, and no auditor is mentioned. The company’s operations seem to be financed through a convertible loan from CNH Industrial N.V.

Registered in England/Wales under the registration number 07924261, with a registered address at TR8 4RY, United Kingdom, Newquay, Cornwall, Unit 1, Sector 2, Aerohub Business Park.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.