Prismalence (uk) Ltd

Prismalence (uk) Ltd, based in London, is a small, active company founded twenty years ago in 2004. It holds £56,817 in assets and operates from a real address, managed by two directors and one owner. The company is a irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with its last import activity recorded over a year ago in June 2022. It’s also a irregular exporter, with no export activity recorded since April 2019.

The company's website showcases a specialized focus: providing energy-efficient port and industrial lighting solutions. Prismalence boasts a patented lens technology that delivers significant energy savings through prismatic light control, and has been continuously improving its lenses and testing new light technologies since 1984. Its lighting units are rugged, vibration-resistant, and suitable for challenging environments like cranes, cold storage plants, and sports arenas. The website highlights the company's commitment to innovation, quality, and environmental responsibility, with a focus on long-lasting, low-waste fixtures.

Financially, Prismalence (uk) Ltd presents a mixed picture. Current assets have decreased by 20% to £57,000, while net current assets and liabilities have flipped, moving from a positive £3,900 to a negative -£3,100. Bank cash has fallen dramatically by 91%, leaving just £5,400. Trade debtors have increased significantly by 460%, potentially indicating delayed payments or expanded credit terms. While creditors have also decreased by 11%, it’s not enough to offset the decline in cash reserves. The company meets the criteria for a small business, with turnover under £10.2 million and assets under £5.1 million, and no employees are reported. With no auditor mentioned, the financial statements are unaudited.

Overall, Prismalence (uk) Ltd appears to be facing financial pressures, despite its specialized product offering and focus on energy efficiency. The sharp decline in cash reserves and increase in trade debtors suggest a need for careful financial management.

Registered in England/Wales under the registration number 05292576, with a registered address at SW3 2AP, London, 15 Crompton Court-Suite 1c, Brompton Road.

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