Excellency Plaza Limited

Excellency Plaza Limited, based in Telford, UK, is a small, active company founded four years ago. With £436,398 in assets and a real address at 6 Stafford Park, it’s a solo-founded operation managed by two directors and one owner. The company has a stellar 5.0 Google rating based on four reviews, and regularly imports furniture, lighting, and prefabricated buildings—the latest shipment arriving in May 2024.

The company’s website paints a picture of an elegant wedding venue and function provider in Shropshire and the Midlands. It positions itself as offering a "fairytale" experience, with stunning venues, catering, and entertainment options. The site highlights services like wedding planning, décor, and luxury chauffeur hire, and even mentions a partnership with a local photographer. They seem to be targeting a high-end market, emphasizing luxury and stress-free planning.

Financially, Excellence Plaza Limited’s numbers tell a mixed story. Cash reserves have increased dramatically by 670%, reaching £51,000, which is a good sign. However, creditors have also risen sharply by 180%, reaching £2.1 million, and net assets remain negative at -£400,000. Debtor levels have also increased significantly, by 820%, reaching £390,000. The company's small size (meeting two of three conditions for being small) helps keep overheads manageable, but the large increase in creditors suggests they may be relying on borrowed money to keep operations running. There's no mention of an auditor, which is common for small companies.

While the website projects an image of success and luxury, the financials reveal a company facing some financial pressures. The increase in creditors, in particular, warrants close monitoring. It’s possible this is a consequence of rapid growth, but it's something to keep an eye on.

Registered in England/Wales under the registration number 13323033, with a registered address at TF3 3AT, England, Telford, 6 Stafford Park.

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