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Prism Power Ltd

04858593

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

CAXTON COURT CAXTON WAY, WATFORD, WD18 8RH
Incorporated 06/08/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27120
Manufacture of electricity distribution and control apparatus

Officers

Mr Adhum Carter Wolde-Lule

director · Since 07/05/2025

DIRECTOR

BRITISH · ENGLAND · Age 31

Also on 4 other boards

Mr Matthew Green

director · Since 09/03/2026

BRITISH · ENGLAND · Age 32

Also on 1 other board

Mrs Rupinder Kaur Phagura

director · Since 09/03/2026

BRITISH · ENGLAND · Age 48

Persons with Significant Control

Prism Power Holdings Ltd

75–100% shares
75–100% votes

Unit G02, Eurocity, Europort Avenue

Reg: 125501 · Gibraltar Constitution Order 2006 · Private Limited Company

Notified 25/09/2025

Former PSCs

Spkgas Ltd

Ceased 25/09/2025

Mr Keith Antony Hall

Ceased 28/11/2024

Charges0 outstanding

Charge
satisfied

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satisfied

HSBC UK BANK PLC

Created 22/06/2023Registered 04/07/2023Satisfied 30/09/2024
Charge
satisfied

HSBC UK BANK PLC

Created 26/01/2022Registered 27/01/2022Satisfied 30/09/2024
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satisfied

HSBC UK BANK PLC

Created 18/01/2022Registered 21/01/2022Satisfied 30/09/2024
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satisfied

HSBC BANK PLC

Created 14/02/2018Registered 15/02/2018Satisfied 30/09/2024
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satisfied

HSBC BANK PLC

Created 13/08/2015Registered 13/08/2015Satisfied 14/07/2023
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satisfied

HSBC INVOICE FINANCE(UK) LTD

Created 23/01/2015Registered 23/01/2015Satisfied 16/10/2024
Charge
satisfied

HSBC BANK PLC

Created 17/12/2014Registered 17/12/2014Satisfied 30/09/2024
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 01/09/2008Registered 09/09/2008Satisfied 07/01/2015
charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 03/01/2008Registered 04/01/2008Satisfied 14/04/2015
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 26/04/2006Registered 27/04/2006Satisfied 25/11/2014
charge
satisfied

CPPF JERSEY NOMINEE 1(A) LIMITED AND CPPF JERSEY NOMINEE 1(B) LIMITED

Created 13/01/2006Registered 25/01/2006Satisfied 25/11/2014

CompanyRankvs 305+ SIC 27120 peers
51

Financial strength2th percentile among SIC peers · 1/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.79× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/06/2024

Net Worth

-£1.4M

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£1.4M

Working capital

Current Assets

£5.2M

Current Liabilities

£6.6M

Fixed Assets

£37k

Debtors

£4.9M

42avg. employees-3

Balance Sheet

Intangible assets£6k
Assets less current liabilities-£1.4M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20240.79-£1.9M
20221.07+£73k
20211.06—

Derived from filed accounts. Not audited figures.