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Prax Petroleum Limited

Prax Petroleum Limited is a in administration company incorporated on 20 November 2002 with the registered office located in Birmingham, West Midlands. Prax Petroleum Limited was registered 22 years ago.
Status
In Administration
In administration since 3 months ago
Company No
04595500
Private limited company
Age
22 years
Incorporated 20 November 2002
Size
Large
Turnover is over £54M
Balance sheet is over £27M
Confirmation
Submitted
Dated 15 April 2025 (6 months ago)
Next confirmation dated 15 April 2026
Due by 29 April 2026 (6 months remaining)
Last change occurred 1 year 5 months ago
Accounts
Submitted
For period 1 Mar29 Feb 2024 (1 year)
Accounts type is Full
Next accounts for period 28 February 2025
Due by 30 November 2025 (1 month remaining)
Address
C/O Teneo Financial Advisory Limited The Colmore Building
20 Colmore Circus Queensway
Birmingham
B4 6AT
Address changed on 16 Jul 2025 (3 months ago)
Previous address was Harvest House Horizon Business Village 1 Brooklands Road Weybridge Surrey KT13 0TJ United Kingdom
Telephone
01932843354
Email
Available in Endole App
People
Officers
2
Shareholders
1
Controllers (PSC)
1
Director • British • Lives in England • Born in Mar 1973
State Oil Limited
PSC
Shareholders, PSCs & Group Structure
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Mutual Companies
Prax Downstream UK Limited
Winston Sanjeevkumar Soosaipillai and Elemental Company Secretary Limited are mutual people.
Active
Prax Milford Haven Refinery Limited
Winston Sanjeevkumar Soosaipillai and Elemental Company Secretary Limited are mutual people.
Active
Brobot Petroleum Limited
Winston Sanjeevkumar Soosaipillai and Elemental Company Secretary Limited are mutual people.
Active
H.K.S. Motors Limited
Winston Sanjeevkumar Soosaipillai and Elemental Company Secretary Limited are mutual people.
Active
Harvest Energy (Dealerships) Limited
Elemental Company Secretary Limited and Winston Sanjeevkumar Soosaipillai are mutual people.
Active
King Street Holdings (UK) Ltd
Elemental Company Secretary Limited and Winston Sanjeevkumar Soosaipillai are mutual people.
Active
Prax Limited
Elemental Company Secretary Limited and Winston Sanjeevkumar Soosaipillai are mutual people.
Active
Harvest Energy Group Limited
Elemental Company Secretary Limited and Winston Sanjeevkumar Soosaipillai are mutual people.
Active
Financials
Net Assets, Total Assets & Total Liabilities (2015–2024)
Period Ended
29 Feb 2024
For period 1 Mar29 Feb 2024
Traded for 12 months
Cash in Bank
£6.6M
Decreased by £4.68M (-42%)
Turnover
£2.81B
Decreased by £585.84M (-17%)
Employees
Unreported
Same as previous period
Total Assets
£325.78M
Decreased by £290.53M (-47%)
Total Liabilities
-£275.26M
Decreased by £315.84M (-53%)
Net Assets
£50.52M
Increased by £25.31M (+100%)
Debt Ratio (%)
84%
Decreased by 11.42% (-12%)
Latest Activity
Charge Satisfied
1 Month Ago on 15 Sep 2025
Charge Satisfied
1 Month Ago on 15 Sep 2025
Charge Satisfied
1 Month Ago on 15 Sep 2025
Registered Address Changed
3 Months Ago on 16 Jul 2025
Administrator Appointed
3 Months Ago on 7 Jul 2025
Confirmation Submitted
6 Months Ago on 22 Apr 2025
New Charge Registered
7 Months Ago on 27 Feb 2025
Full Accounts Submitted
11 Months Ago on 12 Nov 2024
New Charge Registered
1 Year 3 Months Ago on 1 Jul 2024
New Charge Registered
1 Year 5 Months Ago on 26 Apr 2024
Get Credit Report
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Documents
Statement of affairs with form AM02SOA/AM02SOC
Submitted on 17 Sep 2025
Satisfaction of charge 045955000069 in full
Submitted on 15 Sep 2025
Satisfaction of charge 045955000070 in full
Submitted on 15 Sep 2025
Satisfaction of charge 045955000035 in full
Submitted on 15 Sep 2025
Result of meeting of creditors
Submitted on 9 Sep 2025
Statement of administrator's proposal
Submitted on 19 Aug 2025
Registered office address changed from Harvest House Horizon Business Village 1 Brooklands Road Weybridge Surrey KT13 0TJ United Kingdom to C/O Teneo Financial Advisory Limited the Colmore Building 20 Colmore Circus Queensway Birmingham B4 6AT on 16 July 2025
Submitted on 16 Jul 2025
Appointment of an administrator
Submitted on 7 Jul 2025
Resolutions
Submitted on 10 Jun 2025
Statement of capital following an allotment of shares on 20 January 2025
Submitted on 19 May 2025
Repayment History
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