PRAX PETROLEUM LIMITED

Dissolved Birmingham

Wholesale of petroleum and petroleum products

0 employees website.com
Wholesale of petroleum and petroleum products
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PRAX PETROLEUM LIMITED

Wholesale of petroleum and petroleum products

Founded 20 Nov 2002 Dissolved Birmingham, United Kingdom 0 employees website.com
Wholesale of petroleum and petroleum products

Previous Company Names

PAX PETROLEUM LIMITED 20 Nov 2002 — 21 Nov 2002
Accounts Due 30 Nov 2025 6 months overdue
Confirmation
Net assets £51M £25M 2023 year on year
Total assets £326M £291M 2023 year on year
Total Liabilities £275M £316M 2023 year on year
Charges 31
17 outstanding 14 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

Email

info@example.com

Website

www.example.com

Full company profile for PRAX PETROLEUM LIMITED (04595500), a dissolved company based in Birmingham, United Kingdom. Incorporated 20 Nov 2002. Wholesale of petroleum and petroleum products. 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 (2014–2023)

Cash in Bank

£6.60M

Decreased by £4.68M (-42%)

Net Assets

£50.52M

Increased by £25.31M (+100%)

Total Liabilities

£275.26M

Decreased by £315.84M (-53%)

Turnover

£2805.32M

Decreased by £585.84M (-17%)

Employees

N/A

Debt Ratio

84%

Decreased by 12 (-13%)

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

No fundraising or grants recorded

Investors (0)

No investor information available

Share Capital

Share Capital

Share allotments and capital structure

2 Allotments 85,000,000 Shares £85.00m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
20 Jan 20255,000,000£5.00m£1
26 Feb 202480,000,000£80.00m£1

Officers

Officers

1 active 2 resigned
Status
Elemental Company Secretary LimitedCorporate-secretaryUnited KingdomUnknown21 Apr 2020Active

Shareholders

Shareholders (1)

State Oil Limited
100.0%
80,250,000

Persons with Significant Control

Persons with Significant Control (1)

1 Active 1 Ceased

State Oil Limited

United Kingdom

Active
Notified 6 Apr 2016
Nature of Control
  • Ownership Of Shares 75 To 100 Percent,voting Rights 75 To 100 Percent,right To Appoint And Remove Directors

Winston Sanjeev Kumar Soosaipillai

Ceased 6 Apr 2016

Ceased

Group Structure

Group Structure

PRAX PETROLEUM LIMITED Current Company

Charges

Charges

17 outstanding 14 satisfied

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
17 Sept 2025InsolvencyLiquidation In Administration Statement Of Affairs With Form Attached
15 Sept 2025MortgageMortgage Satisfy Charge Full
15 Sept 2025MortgageMortgage Satisfy Charge Full
15 Sept 2025MortgageMortgage Satisfy Charge Full
9 Sept 2025InsolvencyLiquidation In Administration Result Creditors Meeting
17 Sept 2025 Insolvency

Liquidation In Administration Statement Of Affairs With Form Attached

15 Sept 2025 Mortgage

Mortgage Satisfy Charge Full

15 Sept 2025 Mortgage

Mortgage Satisfy Charge Full

15 Sept 2025 Mortgage

Mortgage Satisfy Charge Full

9 Sept 2025 Insolvency

Liquidation In Administration Result Creditors Meeting

Recent Activity

Latest Activity

Liquidation In Administration Statement Of Affairs With Form Attached

7 months ago on 17 Sept 2025

Mortgage Satisfy Charge Full

7 months ago on 15 Sept 2025

Mortgage Satisfy Charge Full

7 months ago on 15 Sept 2025

Mortgage Satisfy Charge Full

7 months ago on 15 Sept 2025

Liquidation In Administration Result Creditors Meeting

7 months ago on 9 Sept 2025