Prism Business Developments Limited

Reference number: 715266

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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 prism.uk.com first appeared online, and whether it can receive email
  • What kind of line 0345 121 7770 is
  • Who else gives the postcode CW12 1LB
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Other names (2)

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

  • Prism Solutions Trading name
  • Prism Former trading name

FCA permissions and consumer protection

  • Hire out goods to consumers 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 (2 permissions)
  • Entering into Regulated Consumer Hire Agreements as owner
  • Exercising or having the right to exercise the owner's rights and duties under a regulated consumer hire agreement

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 number
04141266
Company status
Active
Company type
Private limited company
Incorporated
15 January 2001 (25 years old)
Registered office
Focus House, Ham Road, Shoreham-By-Sea, BN43 6PA, England
Nature of business
  • Information technology consultancy activities (SIC 62020)

Directors and company secretaries

Name Role Born Appointed Other companies
Rhys Nicholas Harry Bailey Director Dec 1990 28 Oct 2024 68 other companies
Charlene Emma Friend Director Jul 1984 28 Oct 2024 104 other companies
Matthew James Halford Director Aug 1973 28 Oct 2024 75 other companies
Tom Jones Director Sep 1987 28 Oct 2024 11 other companies
Victoria Claire Rishbeth Director Mar 1983 28 Oct 2024 None

Other companies run by these 5 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
104
closed down
22
went insolvent
3

In the full report: all 104 companies, named

  • What each company does, and whether it is still trading
  • Which of these 5 directors sit on each board, and since when
  • The 3 that went into liquidation or administration
  • The 75 companies these 5 directors run together
  • All 10 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 May 2024Full accountsNot audited

Net assets

£1.01m

+54% from £656k

Cash at bank

£918

−99% from £121k

Employees (average)

44

+7.3% from 41

Owed within a year

£1.40m

−10% from £1.55m

Assets and liabilities

In the full report: all 6 years of accounts

  • Every year from 2019 to 2024
  • 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 04141266. 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

Prism Business Developments’s history from the FCA register and Companies House, newest first.

Key events (8) All events (25)

2024

28 October 2024

  • Focus 4 U Ltd. took control (75–100% of shares)
  • Gary David Smith stopped being a part-owner
  • Richard David James Alexander stopped being a part-owner

Companies House

2016

6 April 2016

  • Gary David Smith became a part-owner (25–50% of shares)
  • Richard David James Alexander became a part-owner (25–50% of shares)

Companies House

8 February 2016

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

FCA register

2001

15 January 2001

  • Incorporated at Companies House

Companies House

In the full report: all 25 events

  • All 25 events in its history (8 shown here)
  • Every director appointment and resignation: 13
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Firms connected to Prism Business Developments

Other FCA-listed firms that share a director, phone number or address with Prism Business Developments. A link shows who the firm is tied to, not whether either can be trusted.

connected firms
3
share its postcode
3

In the full report: all 3 connected firms, named

  • How each is linked: the same postcode (3)
  • Who links each one: the named directors, with dates
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Get the full report on Prism Business Developments

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

  • 104 other companies its directors have run, named
  • 3 background checks on its contact details
  • 6 years of accounts, charted
  • All 25 events in its history
  • 3 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Prism Business Developments Limited FCA authorised?
Yes, Prism Business Developments Limited (FRN 715266) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since February 2016. The FCA has placed no limits on its permissions.
What is Prism Business Developments’ phone number and website?
The FCA register lists the phone number 0345 121 7770 and the website prism.uk.com for Prism Business Developments. If you were given different contact details, use these to check with the firm before going any further.
Is Prism Business Developments a scam or clone?
Prism Business Developments 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 Prism Business Developments?
Its FCA permissions do not allow it to hold or control client money. Protection depends on which product you hold and how Prism Business Developments handles your money, so check the specific product before you commit. You can also refer complaints about Prism Business Developments to the Financial Ombudsman Service, free of charge.
Who owns Prism Business Developments?
Prism Business Developments is owned by Focus 4 U Ltd., which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 28 October 2024. Before that, it was controlled by Mr Gary David Smith and Mr Richard David James Alexander.
Who runs Prism Business Developments?
Companies House lists 5 directors of Prism Business Developments: Rhys Nicholas Harry Bailey, Charlene Emma Friend, Matthew James Halford, Tom Jones and Victoria Claire Rishbeth.
How long has Prism Business Developments been in business?
The company was formed on 15 January 2001, and has held its current FCA authorisation since February 2016.
What do Prism Business Developments’ latest accounts show?
Its latest accounts, to 31 May 2024, show net assets of £1.01m (+54% from £656k) and cash at bank of £918 (−99% from £121k).
Does Prism Business Developments use any other names?
It trades as Prism Solutions. It has previously used the name Prism.

Sources and links

The full report on Prism Business Developments Limited

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