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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 2 months 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 (8 months ago)
Next confirmation dated 29 March 2026
Due by 12 April 2026 (4 months remaining)
Last change occurred 2 years 8 months ago
Accounts
Overdue
Accounts overdue by 98 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 (3 months ago)
Address
C/O TENEO FINANCIAL ADVISORY LTD
The Colmore Building, 20 Colmore Circus Queensway
Birmingham
B4 6AT
Address changed on 3 Oct 2025 (2 months 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
4
Shareholders
1
Controllers (PSC)
1
Director • British,italian • Lives in UK • Born in Oct 1971
Director • British • Lives in UK • Born in Dec 1962
Director • British • Lives in Scotland • Born in Aug 1964
State Oil Limited
PSC
Shareholders, PSCs & Group Structure
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Mutual Companies
Prax Upstream Limited
Alessandro Agostini, Iain Charles McKendrick, and 1 more are mutual people.
Active
Prax Hurricane Holdings Limited
Nicholas John Pike, Alessandro Agostini, and 1 more are mutual people.
Active
Prax Hurricane (Whirlwind) Limited
Nicholas John Pike, Alessandro Agostini, and 1 more are mutual people.
Active
Prax Hurricane Gwa Limited
Nicholas John Pike, Alessandro Agostini, and 1 more are mutual people.
Active
Prax Hurricane Gla Limited
Nicholas John Pike, Alessandro Agostini, and 1 more are mutual people.
Active
Brobot Petroleum Limited
Elemental Company Secretary Limited and Nicholas John Pike are mutual people.
Active
H.K.S. Motors Limited
Elemental Company Secretary Limited and Nicholas John Pike are mutual people.
Active
Harvest Energy (Dealerships) Limited
Elemental Company Secretary Limited and Nicholas John Pike 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
2 Months Ago on 3 Oct 2025
Administrator Appointed
2 Months Ago on 3 Oct 2025
Nicholas John Pike Details Changed
4 Months Ago on 22 Jul 2025
Nicholas John Pike Appointed
5 Months Ago on 6 Jul 2025
Winston Sanjeevkumar Soosaipillai Resigned
5 Months Ago on 4 Jul 2025
Confirmation Submitted
8 Months Ago on 1 Apr 2025
Full Accounts Submitted
1 Year Ago on 5 Dec 2024
Confirmation Submitted
1 Year 8 Months Ago on 9 Apr 2024
Full Accounts Submitted
1 Year 10 Months Ago on 18 Jan 2024
Mr Winston Sanjeevkumar Soosaipillai Details Changed
2 Years 5 Months Ago on 10 Jul 2023
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Documents
Statement of affairs with form AM02SOA
Submitted on 3 Dec 2025
Result of meeting of creditors
Submitted on 30 Oct 2025
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
Repayment History
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