PRAX SHIPPING LIMITED

Active Weybridge

Sea and coastal freight water transport

0 employees website.com
Sea and coastal freight water transport
P

PRAX SHIPPING LIMITED

Sea and coastal freight water transport

Founded 30 May 2017 Active Weybridge, United Kingdom 0 employees website.com
Sea and coastal freight water transport
Accounts Submitted 27 Feb 2025 Next due 28 Feb 2026 2 months overdue
Confirmation Submitted 29 May 2025 Next due 12 Jun 2026 1 month remaining
Net assets £464K £33K 2023 year on year
Total assets £5M £4M 2023 year on year
Total Liabilities £5M £4M 2023 year on year
Charges 2
2 outstanding

Contact & Details

Contact

Registered Address

Harvest House Horizon Business Village 1 Brooklands Road Weybridge Surrey KT13 0TJ United Kingdom

Full company profile for PRAX SHIPPING LIMITED (10792957), an active company based in Weybridge, United Kingdom. Incorporated 30 May 2017. Sea and coastal freight water transport. 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 (2017–2023)

Cash in Bank

N/A

Decreased by £3.87k (-100%)

Net Assets

£464.32k

Increased by £32.74k (+8%)

Total Liabilities

£4.67M

Increased by £3.68M (+374%)

Turnover

£1.25M

Increased by £18.47k (+2%)

Employees

N/A

Debt Ratio

91%

Increased by 21 (+30%)

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

Officers

Officers

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

Shareholders

Shareholders (1)

State Oil Limited
100.0%

Persons with Significant Control

Persons with Significant Control (1)

1 Active 2 Ceased

State Oil Limited

United Kingdom

Active
Notified 30 May 2017
Nature of Control
  • Ownership Of Shares 75 To 100 Percent,voting Rights 75 To 100 Percent,right To Appoint And Remove Directors

Arani Soosaipillai

Ceased 30 May 2017

Ceased

Winston Sanjeevkumar Soosaipillai

Ceased 30 May 2017

Ceased

Group Structure

Group Structure

PRAX GROUP LIMITED united kingdom
STATE OIL LIMITED united kingdom
PRAX SHIPPING LIMITED Current Company

Charges

Charges

2 outstanding

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
25 Jul 2025OfficersChange to director Nicholas John Pike on 22 Jul 2025
18 Jul 2025OfficersAppointment of Nicholas John Pike as director on 4 Jul 2025
18 Jul 2025OfficersTermination of Winston Sanjeevkumar Soosaipillai as director on 4 Jul 2025
29 May 2025Confirmation StatementConfirmation statement made on 29 May 2025 with no updates
27 Feb 2025OtherAudit exemption statement of guarantee by parent company for period ending 29/02/24
25 Jul 2025 Officers

Change to director Nicholas John Pike on 22 Jul 2025

18 Jul 2025 Officers

Appointment of Nicholas John Pike as director on 4 Jul 2025

18 Jul 2025 Officers

Termination of Winston Sanjeevkumar Soosaipillai as director on 4 Jul 2025

29 May 2025 Confirmation Statement

Confirmation statement made on 29 May 2025 with no updates

27 Feb 2025 Other

Audit exemption statement of guarantee by parent company for period ending 29/02/24

Recent Activity

Latest Activity

Change to director Nicholas John Pike on 22 Jul 2025

9 months ago on 25 Jul 2025

Appointment of Nicholas John Pike as director on 4 Jul 2025

9 months ago on 18 Jul 2025

Termination of Winston Sanjeevkumar Soosaipillai as director on 4 Jul 2025

9 months ago on 18 Jul 2025

Confirmation statement made on 29 May 2025 with no updates

11 months ago on 29 May 2025

Audit exemption statement of guarantee by parent company for period ending 29/02/24

1 years ago on 27 Feb 2025