Bennie Equipment Limited

Bennie Equipment Limited, based in Kettering, UK, is a small, active holding company established 57 years ago. With 25 employees and £7,049,268 in assets, the company operates from a virtual address—a point of interest given that ten companies are registered at the same location. It's managed by two directors and owned by The Bennie Group Ltd. The company regularly imports machinery, boilers, and mechanical appliances, parts, with a recent import recorded in July 2024. Export activity is less frequent, with the last shipment occurring in July 2022.

Bennie Equipment operates as a complete equipment solutions provider, offering sales, hire, and service for machinery. Its website showcases a wide range of equipment, including forklifts, telehandlers, and racking storage. It also features a customer portal and highlights its partnerships with leading brands like Bobcat, JCB, and Combilift. The company’s business model seems to revolve around equipment rental and sales, with a focus on providing comprehensive service and parts support. It's clear they're aiming for a one-stop-shop for materials handling equipment.

Financially, Bennie Equipment Limited presents a mixed picture. While current assets increased by a healthy 30% to £7,000,000, net assets only rose slightly to £4,700,000. Bank borrowings decreased by 22% to £240,000, which is a positive sign. However, trade debtors increased by 15% to £530,000, and creditors surged by 73% to £3,900,000—a considerable rise. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the large increase in creditors warrants closer attention. The lack of an auditor mentioned suggests they are exempt as a small company, so the figures are unaudited.

The company’s focus on equipment rental and service, coupled with its established presence and partnerships, suggests a stable business. However, the significant rise in creditors indicates potential cash flow pressures, and it's something they’ll need to monitor closely.

Registered in England/Wales under the registration number 00920238, with a registered address at NN15 5TB, Kettering, Northamptonshire, The Old Piggeries, Cranford Road, Burton Latimer.

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