STATE OIL LIMITED

Dissolved Birmingham
1,514 employees website.com
Supply chain, manufacturing and commerce models Import–export brokerage
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STATE OIL LIMITED

Founded 22 Nov 2000 Dissolved Birmingham, United Kingdom 1,514 employees website.com
Supply chain, manufacturing and commerce models Import–export brokerage
Accounts Submitted 19 Nov 2024 Next due 30 Nov 2025 5 months overdue
Confirmation Submitted 19 Nov 2024 Next due 24 Nov 2025 6 months overdue
Net assets £383M £54M 2023 year on year
Total assets £2,237M £397M 2023 year on year
Total Liabilities £1,854M £452M 2023 year on year
Charges 19
3 outstanding 16 satisfied

Contact & Details

Contact

Registered Address

C/O Teneo Financial Advisory Limited The Colmore Building 20 Colmore Circus Queensway Birmingham B4 6AT

Telephone

0800 000 0000

Website

www.example.com

Full company profile for STATE OIL LIMITED (04112423), a dissolved supply chain, manufacturing and commerce models company based in Birmingham, United Kingdom. Incorporated 22 Nov 2000. View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

Financials

Period 1 Jan → 31 Dec 2023
Type Total Exemption Full
Next accounts 31 December 2024
Due by 30 September 2025 9 months

Balance Sheet & P&L (2013–2023)

Cash in Bank

£108.85M

Increased by £4.64M (+4%)

Net Assets

£382.72M

Decreased by £54.29M (-12%)

Total Liabilities

£1854.47M

Increased by £451.78M (+32%)

Turnover

£8074.96M

Decreased by £593.45M (-7%)

Employees

1514

Increased by 206 (+16%)

Debt Ratio

83%

Increased by 7 (+9%)

Financial History

Revenue, profit, EBITDA and key financial figures

2023
Dec Year End
2022
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

Grants 1

Investors (0)

No investor information available

Officers

Officers

3 active
Status
Elemental Company Secretary LimitedCorporate-secretaryUnited KingdomUnknown21 Apr 2020Active
Soosaipillai, Winston SanjeevkumarDirectorBritishEngland5322 Nov 2000Active
Ware, Mark MorrellDirectorBritishEngland6729 Dec 2021Active

Shareholders

Shareholders (1)

Prax Group Limited
100.0%

Persons with Significant Control

Persons with Significant Control (1)

1 Active 3 Ceased

Prax Group Limited

United Kingdom

Active
Notified 24 May 2022
Nature of Control
  • Ownership Of Shares 75 To 100 Percent,voting Rights 75 To 100 Percent,right To Appoint And Remove Directors

Prax Group Holdings Limited

Ceased 24 May 2022

Ceased

Winston Sanjeev Kumar Soosaipillai

Ceased 20 May 2022

Ceased

Arani Soosaipillai

Ceased 20 May 2022

Ceased

Group Structure

Group Structure

PRAX GROUP LIMITED united kingdom
STATE OIL LIMITED Current Company
AXIS LOGISTICS LIMITED united kingdom
PRAX OIL LIMITED united kingdom
PRAX TREASURY LIMITED united kingdom
PRAX FUELS LIMITED united kingdom
PRAX ENERGY LIMITED united kingdom
PRAX AIR LIMITED united kingdom
PRAX REFINING LIMITED united kingdom
PRAX LIMITED united kingdom
PRAX SHIPPING LIMITED united kingdom
PRAX CAPITAL LIMITED united kingdom

Charges

Charges

3 outstanding 16 satisfied

Properties

Properties

3 leasehold 3 total
AddressTenurePrice PaidDate Added
Unit 9, Horizon Business Park, 1 Brooklands Road, Weybridge (KT13 0TJ) ELMBRIDGE
Leasehold-7 Oct 2013
Roman Camp Service Station, Tetbury Road, Old Sodbury, Bristol (BS37 6RL) SOUTH GLOUCESTERSHIRE
Leasehold-7 Jan 2005
Worsted Garage, Babraham, Cambridge (CB22 3AX) SOUTH CAMBRIDGESHIRE
Leasehold-7 Apr 2003
Unit 9, Horizon Business Park, 1 Brooklands Road, Weybridge (KT13 0TJ)
Leasehold
Added 7 Oct 2013
District ELMBRIDGE
Roman Camp Service Station, Tetbury Road, Old Sodbury, Bristol (BS37 6RL)
Leasehold
Added 7 Jan 2005
District SOUTH GLOUCESTERSHIRE
Worsted Garage, Babraham, Cambridge (CB22 3AX)
Leasehold
Added 7 Apr 2003
District SOUTH CAMBRIDGESHIRE

Documents

Company Filings

DateCategoryDescriptionDocument
17 Sept 2025InsolvencyLiquidation In Administration Statement Of Affairs With Form Attached
9 Sept 2025InsolvencyLiquidation In Administration Result Creditors Meeting
19 Aug 2025InsolvencyLiquidation In Administration Proposals
7 Jul 2025AddressChange Registered Office Address Company With Date Old Address New Address
7 Jul 2025InsolvencyLiquidation In Administration Appointment Of Administrator
17 Sept 2025 Insolvency

Liquidation In Administration Statement Of Affairs With Form Attached

9 Sept 2025 Insolvency

Liquidation In Administration Result Creditors Meeting

19 Aug 2025 Insolvency

Liquidation In Administration Proposals

7 Jul 2025 Address

Change Registered Office Address Company With Date Old Address New Address

7 Jul 2025 Insolvency

Liquidation In Administration Appointment Of Administrator

Recent Activity

Latest Activity

Liquidation In Administration Statement Of Affairs With Form Attached

7 months ago on 17 Sept 2025

Liquidation In Administration Result Creditors Meeting

7 months ago on 9 Sept 2025

Liquidation In Administration Proposals

8 months ago on 19 Aug 2025

Change Registered Office Address Company With Date Old Address New Address

9 months ago on 7 Jul 2025

Liquidation In Administration Appointment Of Administrator

9 months ago on 7 Jul 2025