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Prism Power Ltd

04858593

active
ltd
england wales
Companies House
Accounts overdue
Health Score
50 / 100

Notable Risks

10/30
Filing
0/30
Financial
40/40
Risk
  • Accounts filing overdue (-15)
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

Caxton Court Caxton Way, Watford Business Park, Watford, WD18 8RH
Incorporated 06/08/2003

Compliance

Last accounts

30/06/2024

total exemption full

Next accounts due

29/06/2026

Overdue

Confirmation statement

Last: 06/05/2026

Due 20/05/2027

On track

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

Adhum Carter Wolde-Lule

director · Since 07/05/2025

British · United Kingdom · Age 31

Matthew Green

director · Since 09/03/2026

British · England · Age 32

Rupinder Kaur Phagura

director · Since 09/03/2026

British · England · Age 48

Former

Uk Incorporations Limited

corporate director · Resigned 06/08/2003

Jaysan Appadu

director · Resigned 01/08/2004

Uk Company Secretaries Limited

corporate secretary · Resigned 12/10/2005

Uk Incorporations Limited

corporate director · Resigned 12/10/2005

Leyton Clifford Breed

secretary · Resigned 10/04/2007

David Charles Calvin

director · Resigned 25/09/2007

Dean Karl Crook

director · Resigned 12/11/2010

Ian Francois Bitterlin

director · Resigned 30/04/2011

Gary Malcolm Laxton

director · Resigned 01/04/2015

Andrew Mark Tavinor

director · Resigned 29/02/2024

Ashar Qayyum

director · Resigned 15/01/2025

Stephen John Sharples

director · Resigned 24/04/2026

Keith Antony Hall

director · Resigned 24/04/2026

Richard Russell-Hogg

secretary · Resigned 24/04/2026

Richard Russell-Hogg

director · Resigned 24/04/2026

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

Mr Keith Antony Hall

Ceased 28/11/2024

Spkgas Ltd

Ceased 25/09/2025

Charges0 outstanding

Charge
satisfied

LLOYDS BANK COMMERCIAL FINANCE LIMITED

Created 27/09/2024Registered 07/10/2024Satisfied 19/03/2025
Charge
satisfied

LLOYDS BANK PLC

Created 02/10/2024Registered 02/10/2024Satisfied 20/12/2024
Charge
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
Charge
satisfied

HSBC UK BANK PLC

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

HSBC BANK PLC

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

HSBC BANK PLC

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

Change History

officer appointedGREEN, Matthew
2026-08-14
officer appointedPHAGURA, Rupinder Kaur
2026-08-14
officer appointedWOLDE-LULE, Adhum Carter
2026-08-14
statusactive
2026-08-14

Active

typeltd
2026-08-14

Private Limited Company

address line1Caxton Court Caxton Way
2026-08-14

CAXTON COURT CAXTON WAY

post townWatford
2026-08-14

WATFORD

CompanyRankvs 386+ SIC 27120 peers
40

Financial strength1th percentile among SIC peers · 0/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.79× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceOne filing overdue · 5/15
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How is this score calculated?
Financial strength0/25 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 compliance5/15 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

Balance Sheet

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

EstimatesDerived

YearCurrent Ratio
20240.79

Derived from filed accounts. Not audited figures.