PRC Hi-Fi & Video Limited

Reference number: 677444

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Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

Website, phone number and address

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

In the full report: 3 background checks

  • When prcdirect.co.uk first appeared online, and whether it can receive email
  • What kind of line 020 8911 0311 is
  • Who else gives the postcode SS14 3BY
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Other names (1)

If you were contacted under any of these names, it is this firm.

  • PRC Direct Trading name: A name it trades under now.

FCA permissions and consumer protection

  • Lend or arrange credit No FSCS cover
    Consumer credit is not covered by the FSCS, so there is no compensation scheme if the firm fails.
  • Complaints Ombudsman, free
    You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
Show FCA detail (1 permission)
  • Credit Broking

FCA disciplinary action and complaints

No FCA disciplinary action.

The Financial Ombudsman Service only publishes complaint figures for firms with 30 or more new complaints in six months, so there are none here for this firm.

Companies House record

The company behind the firm: its status, age, registered office and directors.

Company status
Active
Company type
Private limited company
Incorporated
6 March 1980 (46 years old)
Registered office
5 Theobald Court, Theobald Street, Borehamwood, WD6 4RN, England
Nature of business
  • Retail sale of electrical household appliances in specialised stores (SIC 47540)

Directors and company secretaries

Name Role Born Appointed Other companies
Dilip Singh Director Oct 1982 5 Oct 2009 None
Harpreet Singh Director Apr 1989 14 Jan 2021 5 other companies
Torlork Singh Director Jul 1957 Not published 5 other companies
Pushpa Singh Secretary Not published 5 Jan 1998 –

Other companies run by these 3 directors

A firm is run by people, and their other companies are their track record: what they built, what closed, and anything that failed. It is the check most people never think to make.

other companies
8
closed down
2
run together
2

In the full report: all 8 companies, named

  • What each company does, and whether it is still trading
  • Which of these 3 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The 2 companies these 3 directors run together
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Filed accounts and finances

Year to 31 March 2025Small company accountsNot audited

Net assets

£2.59m

+3.7% from £2.50m

Cash at bank

£34.2k

−77% from £150k

Employees (average)

17

−5.6% from 18

Owed within a year

£862k

−18% from £1.05m

No turnover or profit for the year to 31 March 2025: the accounts print them but do not tag them. The last tagged figures are £5.87m turnover and £83.2k profit, for the year to 31 March 2020.

Assets and liabilities

In the full report: all 6 years of accounts

  • Every year from 2020 to 2025
  • The chart, over every year
  • Every filed figure, year by year
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About these figures
Turnover
Money taken from sales in the year, before any costs.
Profit before tax
What was left after the year’s costs, before corporation tax. A minus figure is a loss.
Net assets, or total equity
Everything the company owns minus everything it owes. A minus figure means it owes more than it owns.
Total assets and total liabilities
Everything the company owns, and everything it owes, on the last day of the year. The gap between them is its net assets.
Cash at bank
Money in the company’s accounts on the last day of the year.
Owed within a year, owed after a year
Debts and bills due in the next twelve months, and those due later.

Accounts filed at Companies House for company 01483407. Every figure is as filed, apart from total assets and total liabilities, which are added up from filed figures. Nothing is estimated.

Key dates in its history

PRC Hi-Fi & Video’s history from the FCA register and Companies House, newest first.

2016

14 November 2016

  • Torlork Singh gained significant control

Companies House

2015

30 April 2015

  • Regulated by the FCA from this date
  • Became authorised by the FCA

FCA register

1980

6 March 1980

  • Incorporated at Companies House

Companies House

In the full report: all 9 events

  • All 9 events in its history (4 shown here)
  • Every director appointment and resignation: 2
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Firms like PRC Hi-Fi & Video

Other firms of the same type (retailer), nearest first.

In Basildon

Firms are listed by type and location, best known first. Being listed is not a recommendation: check any firm before you deal with it.

Get the full report on PRC Hi-Fi & Video

Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.

  • 8 other companies its directors have run, named
  • 3 background checks on its contact details
  • 6 years of accounts, charted
  • All 9 events in its history

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Frequently asked questions about this firm

Is PRC Hi-Fi & Video Limited FCA authorised?
Yes, PRC Hi-Fi & Video Limited (FRN 677444) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since April 2015 and works as a retailer. The FCA has placed no limits on its permissions.
What is PRC Hi-Fi & Video’s phone number and website?
The FCA register lists the phone number 020 8911 0311 and the website prcdirect.co.uk for PRC Hi-Fi & Video. If you were given different contact details, use these to check with the firm before going any further.
Is PRC Hi-Fi & Video a scam or clone?
PRC Hi-Fi & Video is a genuine FCA-listed firm, and the FCA has published no warnings about fake versions of it. Scammers do copy real firms, though, so check that any contact details you were given match the ones on the register.
Is my money safe with PRC Hi-Fi & Video?
Its FCA permissions do not allow it to hold or control client money. Protection depends on which product you hold and how PRC Hi-Fi & Video handles your money, so check the specific product before you commit. You can also refer complaints about PRC Hi-Fi & Video to the Financial Ombudsman Service, free of charge.
Who owns PRC Hi-Fi & Video?
Companies House lists one person with significant control of PRC Hi-Fi & Video: Mr Torlork Singh (significant influence or control).
Who runs PRC Hi-Fi & Video?
Companies House lists 3 directors of PRC Hi-Fi & Video: Dilip Singh, Harpreet Singh and Torlork Singh.
How long has PRC Hi-Fi & Video been in business?
The company was formed on 6 March 1980, and has held its current FCA authorisation since April 2015.
What do PRC Hi-Fi & Video’s latest accounts show?
Its latest accounts, to 31 March 2025, show net assets of £2.59m (+3.7% from £2.50m) and cash at bank of £34.2k (−77% from £150k).
Does PRC Hi-Fi & Video use any other names?
It trades as PRC Direct.

Sources and links

The full report on PRC Hi-Fi & Video Limited

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