PRISM FINANCIAL PRODUCTS LLP

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

PKF Littlejohn LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the members' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the LLP's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. PRISM FINANCIAL PRODUCTS LLP · parent
   1. Prism Financial Products LP · USA
   2. PrismFP Analytics Ltd · UK
   3. Prism Financial Products A/S · Denmark

Significant events

• “Trading volumes in the LLP's principal markets have decreased and this has contributed to a 23.5% decrease in revenue compared with 2023, which was an 85.8% increase compared with 2022's revenue. Increases in direct and indirect costs have led to cost of sales rising by 6.5% and the gross profit margin decreasing from 84.2% to 78.0%, with a 29.1% decrease in the amount of gross profit generated in 2024.”
• “A decrease in gross profit of £2.0 million, combined with a decrease in administrative expenses of £0.6m and an increase in other operating income of £0.5m, have been the main factors in the Operating profit decreasing from £1.6m in 2023 to £0.7m in 2024.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -23.5%

  £8,016,100 → £6,131,272

• Cash

  -50.1%

  £1,425,137 → £711,038

• Net assets

  -21.2%

  £2,531,573 → £1,994,867

• Employees

  -20%

  10 → 8

• Operating profit

  -55.1%

  £1,572,305 → £705,858

• Profit before tax

  -96.6%

  -£161,137 → -£316,793

• Wages

  -18.7%

  £1,229,426 → £999,569

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers