Prisma Energy Ltd

Prisma Energy Ltd is a small, active company based in St. Albans, UK, founded twelve years ago in December 2012. With six employees and £71,499 in assets, it’s a family business run by one director and two owners. The company operates in the repair of electrical equipment, construction installation, and building completion, and is an irregular importer of electrical machinery and equipment, with its last import activity recorded one month ago in June 2022.

The company's website reveals it's a leading gas capacity trading platform, serving transmission system operators, storage system operators, shippers, and even LNG operators across Europe. It’s not an e-commerce site in the traditional sense, but rather a sophisticated platform facilitating the buying, selling, and marketing of gas capacity. The platform boasts 20 connected markets, 700 network points, 50 infrastructure operators, and 850 shipper companies. The company emphasizes digital innovation to secure Europe’s energy supply and enable the Green Transition.

Financially, Prisma Energy Ltd shows a mixed picture. Current assets have fallen by a significant 47% to £71,000, while net assets have increased by 220% to £18,000. Cash reserves have decreased by 58% to £36,000, and bank overdrafts have fallen slightly to £22,000. Trade debtors have also decreased by 30%, suggesting improved collection efforts. However, creditors have fallen dramatically by 90%, which is a good sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the decrease in cash reserves warrants attention. No auditor is mentioned, likely due to its small company status, and the accounts are described as "filleted."

Overall, Prisma Energy Ltd appears to be navigating a challenging environment. While its platform seems to be a valuable asset in the European energy market, the financial data suggests it's burning through cash. Whether this is a temporary setback or a longer-term trend remains to be seen.

Registered in England/Wales under the registration number 08319720, with a registered address at AL2 3XE, England, St. Albans, 8 Rosedale Close, Bricket Wood.

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