PRAX SHIPPING LIMITED

10792957
Active Weybridge

Sea and coastal freight water transport

0 employees website.com
Supply chain, manufacturing and commerce models Logistics & distribution Sea and coastal freight water transport
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PRAX SHIPPING LIMITED

10792957

Sea and coastal freight water transport

Founded 30 May 2017 Active Weybridge, United Kingdom 0 employees website.com
Supply chain, manufacturing and commerce models Logistics & distribution Sea and coastal freight water transport
Accounts Submitted 27 Feb 2025 Next due 28 Feb 2026 4 months overdue
Confirmation Submitted 3 Jun 2026 Next due 12 Jun 2027 12 months 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

Telephone

0800 000 0000

Email

info@example.com

Website

www.example.com

Full company profile for PRAX SHIPPING LIMITED (10792957), an active supply chain, manufacturing and commerce models 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 Mar → 29 Feb 2024
Type audit-exemption-subsidiary
Next accounts 28 Feb 2025
Due by 28 Feb 2026 4 months overdue

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

2024
29 Feb Year End
2023
28 Feb 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 (2)

2 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

State Oil Limited

Unknown

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
3 Jun 2026Confirmation StatementConfirmation statement made on 29 May 2026 with no updates
1 Jun 2026Persons With Significant ControlChange to State Oil Limited as a person with significant control on 7 Jul 2025
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
3 Jun 2026 Confirmation Statement

Confirmation statement made on 29 May 2026 with no updates

1 Jun 2026 Persons With Significant Control

Change to State Oil Limited as a person with significant control on 7 Jul 2025

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

Recent Activity

Latest Activity

Confirmation statement made on 29 May 2026 with no updates

1 weeks ago on 3 Jun 2026

Change to State Oil Limited as a person with significant control on 7 Jul 2025

1 weeks ago on 1 Jun 2026

Change to director Nicholas John Pike on 22 Jul 2025

10 months ago on 25 Jul 2025

Appointment of Nicholas John Pike as director on 4 Jul 2025

11 months ago on 18 Jul 2025

Termination of Winston Sanjeevkumar Soosaipillai as director on 4 Jul 2025

11 months ago on 18 Jul 2025