B.B. ENERGY TRADING LIMITED
Get an alert when B.B. ENERGY TRADING LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-08-29 (in 3mo)
Last made up 2025-08-15
Watchouts
None on the register
Cash
£34M
USD 45,859,000
+232.7% highest in 4 filed years
Net assets
£17M
USD 22,156,000
-77.5% vs 2023
Employees
73
+19.7% highest in 4 filed years
Profit before tax
-£55M
USD -73,837,000
-359.4% lowest in 4 filed years
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | £1,655,348,000 | £2,360,165,000 | £1,472,857,143 | £3,759,943,934 | |
| Operating profit | — | — | £13,010,000 | -£4,380,000 | -£4,957,763 | £11,370,262 | |
| Profit before tax | — | — | £9,213,000 | £1,448,000 | -£12,015,400 | -£55,196,980 | |
| Net profit | — | — | £11,668,000 | £3,034,000 | -£11,086,940 | -£57,033,715 | |
| Cash | — | — | £17,722,000 | £5,254,000 | £10,305,001 | £34,281,977 | |
| Total assets less current liabilities | — | — | — | — | £73,596,472 | £16,562,757 | |
| Net assets | — | — | — | — | £73,596,472 | £16,562,757 | |
| Equity | £31,333,000 | £30,671,000 | £43,647,000 | £114,681,000 | £73,596,472 | £16,562,757 | |
| Average employees | — | — | 54 | 55 | 61 | 73 | |
| Wages | — | — | £10,018,000 | £12,509,000 | £12,386,933 | £3,429,768 | |
| Directors' remuneration | — | — | — | — | £1,338,118 | £1,351,574 |
Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+155.3%
£1,472,857,143 £3,759,943,934
highest in 4 filed years
-
Cash
+232.7%
£10,305,001 £34,281,977
highest in 4 filed years
-
Net assets
-77.5%
£73,596,472 £16,562,757
-
Employees
+19.7%
61 73
highest in 4 filed years
-
Operating profit
+329.3%
-£4,957,763 £11,370,262
first positive since 2023
-
Profit before tax
-359.4%
-£12,015,400 -£55,196,980
lowest in 4 filed years
-
Wages
-72.3%
£12,386,933 £3,429,768
lowest in 4 filed years
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | 0.8% | -0.2% | -0.3% | 0.3% | |
| Net margin | — | — | 0.7% | 0.1% | -0.8% | -1.5% | |
| Return on capital employed | — | — | — | — | -6.7% | 68.6% | |
| Gearing (liabilities / total assets) | — | — | — | — | 82.8% | 96.6% | |
| Current ratio | — | — | — | — | 1.50x | 1.63x | |
| Interest cover | — | — | 2.15x | -0.86x | -0.68x | 0.68x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- B.B. ENERGY TRADING LIMITED 2007-09-17 → present
- B.B. COMMODITIES LIMITED 2002-08-15 → 2007-09-17
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company has a net current liabilities position as at 31 December 2024 relies on the support of its ultimate controlling party, BB Energy Group Holding Ltd (DIFC), to continue as a going concern. BB Energy Group Holding Ltd (DIFC) has provided a letter confirming that it will provide continued financial support to the Company in order to meet liabilities as they fall due at least twelve months from the date of approval of the financial statements.”
Group structure
- B.B. ENERGY TRADING LIMITED · parent
- BB Energy USA LLC 100%
- Feedco SA 100%
- Storm Energy SA 100%
- Storm Energy Zimbabwe (Private) Limited 99.99%
- Storm Energy Zambia Limited 100%
- BB Energy Belgium SRL 79%
- BB Energy France SAS 79%
- BB Energy Netherlands B.V 79%
- Deux Rivieres Holdco SA 100%
Significant events
- “During the year, the Company transferred its subsidiary, Deux Rivieres Holding SA, valued at $11,006 thousand, to BBE D Pte Ltd, a wholly owned subsidiary of BB Energy Group Holding Limited. This restructuring resulted in the Company directly owning 100% of Feedco SA, compared to the previous 80% direct and 20% indirect ownership through Deux Rivieres Holdings SA. As a result of this restructuring, the Company has recognized a significant dividend income of $14,439 thousand and a loss on sale of $10,892 thousand.”
- “management recognised an impairment loss of $74,591 thousand, prior to the disposal of its subsidiary, BB Energy USA LLC. The subsidiary has been sold to BB Energy Holding NV on a no gain or loss basis as part of a group restructuring.”
- “In 2024, with the market being calmer and less volatile, the Company entered into more customer contracts and secured short positions, driving higher volumes. Throughout the year, the Company also expanded into new geographical markets where it previously had no presence. As a result, the Company's revenues increased by $3,059 million, 255%, (2023: decreased by $1,346 million, 41%).”
- “The Company had net loss of $76.3 million (2023: $14.8 million).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FALLESEN, Christian | Director | 2025-04-01 | Sep 1980 | Danish |
| KABALAN, Fadi | Director | 2015-02-11 | Nov 1979 | British |
| KIRALY, Iulia | Director | 2022-06-01 | Sep 1981 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FARRAN, Samir | Secretary | 2002-08-15 | 2015-04-30 |
| LONDON LAW SECRETARIAL LIMITED | Corporate Nominee Secretary | 2002-08-15 | 2002-08-15 |
| GREWALL, Jasvir Singh | Director | 2015-02-11 | 2022-06-01 |
| MOUNEIMNE, Anas | Director | 2002-08-15 | 2015-02-11 |
| MURTADA, Omayma | Director | 2015-02-11 | 2022-06-01 |
| RAMADAN, Rami | Director | 2022-06-01 | 2025-04-01 |
| LONDON LAW SERVICES LIMITED | Corporate Nominee Director | 2002-08-15 | 2002-08-15 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 176 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-11-14 | CH01 | officers | Change person director company with change date | |
| 2025-11-13 | CH01 | officers | Change person director company with change date | |
| 2025-10-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-08-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-14 | AA | accounts | Accounts with accounts type full | |
| 2025-04-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-24 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-01-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-01-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-01-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-01-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-01-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-12-03 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-08-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-10 | AA | accounts | Accounts with accounts type full | |
| 2024-06-26 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-04-25 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-04-25 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.