Excelerate Ltd

Excelerate Ltd, based in Wellingborough, UK, is a small, active company founded ten years ago. With five employees and £539,357 in assets, it operates from a virtual address, a detail highlighted by the fact that forty-one companies share the same location. Two directors and two owners manage the business, which boasts a respectable Google rating of 4.0 based on seven reviews. Excelerate Ltd is a regular importer of plastics and plastic products, having imported for 24 months, with the latest activity in January 2025.

The company’s website showcases a focus on pallet wrap solutions. It's not an e-commerce site, but rather a business-to-business supplier of pallet wrapping materials and machinery. Excelerate Ltd offers perforated and solid pallet wrap, pallet wrapping machines, and servicing, targeting businesses seeking efficient and sustainable packaging solutions. The website highlights a "no-obligation technical site audit" service, suggesting a consultative sales approach. They even offer a newsletter for industry news and advice.

Financially, Excelerate Ltd presents a mixed picture. While current assets increased slightly to £540,000, net assets decreased by 110% to just £14,000. Bank borrowings rose significantly by 50% to £250,000, and cash reserves dropped by 44% to £22,000. Creditors also increased by 11% to £490,000, and trade debtors rose by 35% to £450,000. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the sharp decline in equity and increase in debt raise questions about its financial health. No auditor is mentioned, which is expected for a company of this size. The increase in debt, while concerning, could be due to investments in machinery or expansion of operations—though it’s hard to say for sure.

Registered in England/Wales under the registration number 09365000, with a registered address at NN8 5AA, Wellingborough, Northamptonshire, Venture Court, 2 Debdale Road.

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