Provision Events Ltd

Provision Events Ltd, based in Guildford, UK, is a small holding company with an active status, having been established fifteen years ago. The company employs seventeen people and holds assets worth £494,783. It operates from a virtual address, a detail flagged by the presence of fifty-six other companies registered at the same location. Four directors and one owner guide the business, which currently enjoys a perfect 5.0 Google rating based on a single review. Provision Events Ltd irregularly imports electrical machinery and equipment (one month of imports recorded) and exports aluminum and aluminum products (two months of exports).

The company’s website paints a picture of a global event activation agency. Provision Events delivers thousands of events worldwide, offering a full-service solution from design to delivery. They specialize in immersive experiences, interior fit-outs, and innovative structures, catering to commercial and industrial clients. The website highlights a track record of 20 years' experience, 21,400 clients served, and a presence in multiple countries, with offices in the UK, USA, and UAE. The site’s design and messaging emphasize expertise, creativity, and a commitment to sustainable event practices.

Financially, Provision Events Ltd shows a concerning trend. Current assets have fallen significantly, dropping 39% to £490,000. Net assets have also decreased substantially, plummeting 40% to £380,000. Cash bank on hand has shrunk by 32%, down to £140,000. Trade debtors have also decreased, falling 41% to £350,000. While creditors have also decreased, falling 40%, the overall picture suggests a company facing liquidity challenges. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it may struggle to secure larger loans. With no auditor mentioned, the figures are unaudited.

The company’s irregular import and export activity, coupled with the decline in cash reserves, suggests it may be burning through money. The virtual address, while not inherently problematic, raises questions about the company’s operational scale and physical presence. The lack of a substantial number of reviews on Google also limits the available customer feedback.

Registered in England/Wales under the registration number 07136878, with a registered address at GU1 3AA, United Kingdom, Guildford, Surrey, First Floor, 129 High Street.

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