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Prax Exploration & Production Plc

Prax Exploration & Production Plc is a in administration company incorporated on 15 August 2019 with the registered office located in Birmingham, West Midlands. Prax Exploration & Production Plc was registered 6 years ago.
Status
In Administration
In administration since 18 days ago
Company No
12157790
Public limited company
Age
6 years
Incorporated 15 August 2019
Size
Micro
Turnover is under £1M
Under 10 employees
Confirmation
Submitted
Dated 29 March 2025 (6 months ago)
Next confirmation dated 29 March 2026
Due by 12 April 2026 (5 months remaining)
Last change occurred 2 years 6 months ago
Accounts
Overdue
Accounts overdue by 51 days
For period 1 Mar29 Feb 2024 (1 year)
Accounts type is Full
Next accounts for period 28 February 2025
Was due on 31 August 2025 (1 month ago)
Address
C/O TENEO FINANCIAL ADVISORY LTD
The Colmore Building, 20 Colmore Circus Queensway
Birmingham
B4 6AT
Address changed on 3 Oct 2025 (18 days ago)
Previous address was Harvest House Horizon Business Village 1 Brooklands Road Weybridge Surrey KT13 0TJ United Kingdom
Telephone
Unreported
Email
Unreported
Website
People
Officers
6
Shareholders
1
Controllers (PSC)
1
Director • Director • British • Lives in UK • Born in Dec 1962
Director • British • Lives in Scotland • Born in Aug 1964
Director • British • Lives in England • Born in Mar 1973
Director • British,italian • Lives in UK • Born in Oct 1971
Shareholders, PSCs & Group Structure
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Mutual Companies
Prax Upstream Limited
Iain Charles McKendrick, Alessandro Agostini, and 3 more are mutual people.
Active
Prax Hurricane Holdings Limited
Iain Charles McKendrick, Alessandro Agostini, and 3 more are mutual people.
Active
Prax Hurricane (Whirlwind) Limited
Iain Charles McKendrick, Alessandro Agostini, and 3 more are mutual people.
Active
Prax Hurricane Gwa Limited
Iain Charles McKendrick, Alessandro Agostini, and 3 more are mutual people.
Active
Prax Hurricane Gla Limited
Iain Charles McKendrick, Alessandro Agostini, and 3 more are mutual people.
Active
Prax Downstream UK Limited
Elemental Company Secretary Limited, Nicholas John Pike, and 2 more are mutual people.
Active
Prax Milford Haven Refinery Limited
Elemental Company Secretary Limited, Nicholas John Pike, and 2 more are mutual people.
Active
Brobot Petroleum Limited
Nicholas John Pike, Winston Sanjeevkumar Soosaipillai, and 2 more are mutual people.
Active
Financials
Net Assets, Total Assets & Total Liabilities (2020–2024)
Period Ended
29 Feb 2024
For period 1 Mar29 Feb 2024
Traded for 12 months
Cash in Bank
Unreported
Decreased by £17.34K (-100%)
Turnover
Unreported
Same as previous period
Employees
Unreported
Same as previous period
Total Assets
£81.09M
Increased by £81.07M (+467670%)
Total Liabilities
-£79.99M
Increased by £79.99M (%)
Net Assets
£1.1M
Increased by £1.08M (+6217%)
Debt Ratio (%)
99%
Increased by 98.65% (%)
Latest Activity
Registered Address Changed
18 Days Ago on 3 Oct 2025
Administrator Appointed
18 Days Ago on 3 Oct 2025
Nicholas John Pike Details Changed
3 Months Ago on 22 Jul 2025
Nicholas John Pike Appointed
3 Months Ago on 6 Jul 2025
Winston Sanjeevkumar Soosaipillai Resigned
3 Months Ago on 4 Jul 2025
Confirmation Submitted
6 Months Ago on 1 Apr 2025
Full Accounts Submitted
10 Months Ago on 5 Dec 2024
Confirmation Submitted
1 Year 6 Months Ago on 9 Apr 2024
Full Accounts Submitted
1 Year 9 Months Ago on 18 Jan 2024
Mr Winston Sanjeevkumar Soosaipillai Details Changed
2 Years 3 Months Ago on 10 Jul 2023
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Documents
Statement of administrator's proposal
Submitted on 9 Oct 2025
Registered office address changed from Harvest House Horizon Business Village 1 Brooklands Road Weybridge Surrey KT13 0TJ United Kingdom to The Colmore Building, 20 Colmore Circus Queensway Birmingham B4 6AT on 3 October 2025
Submitted on 3 Oct 2025
Appointment of an administrator
Submitted on 3 Oct 2025
Director's details changed for Nicholas John Pike on 22 July 2025
Submitted on 25 Jul 2025
Appointment of Nicholas John Pike as a director on 6 July 2025
Submitted on 18 Jul 2025
Termination of appointment of Winston Sanjeevkumar Soosaipillai as a director on 4 July 2025
Submitted on 18 Jul 2025
Confirmation statement made on 29 March 2025 with no updates
Submitted on 1 Apr 2025
Full accounts made up to 29 February 2024
Submitted on 5 Dec 2024
Confirmation statement made on 29 March 2024 with no updates
Submitted on 9 Apr 2024
Full accounts made up to 28 February 2023
Submitted on 18 Jan 2024
Repayment History
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