PRAX EXPLORATION & PRODUCTION PLC

Active Weybridge

Support activities for petroleum and natural gas extraction

0 employees website.com
Support activities for petroleum and natural gas extraction
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PRAX EXPLORATION & PRODUCTION PLC

Support activities for petroleum and natural gas extraction

Founded 15 Aug 2019 Active Weybridge, United Kingdom 0 employees website.com
Support activities for petroleum and natural gas extraction

Previous Company Names

PRAX GLOBAL FINANCE I PLC 11 Jan 2022 — 15 Mar 2023
PRAX FINANCIAL SERVICES LIMITED 8 Dec 2020 — 11 Jan 2022
PRAX GLOBAL FINANCE I LIMITED 11 Jan 2022 — 11 Jan 2022
PRAX GLOBAL FINANCIAL SERVICES LIMITED 15 Aug 2019 — 8 Dec 2020
Accounts Submitted 5 Dec 2024 Next due 31 Aug 2025 8 months overdue
Confirmation Submitted 1 Apr 2025 Next due 12 Apr 2026 13 days overdue
Net assets £1M £1M 2023 year on year
Total assets £81M £81M 2023 year on year
Total Liabilities £80M
Charges None No charges registered

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 EXPLORATION & PRODUCTION PLC (12157790), an active company based in Weybridge, United Kingdom. Incorporated 15 Aug 2019. Support activities for petroleum and natural gas extraction. 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

Net Assets, Total Assets & Total Liabilities (2019–2023)

Cash in Bank

N/A

Decreased by £17.34k (-100%)

Net Assets

£1.09M

Increased by £1.08M (+6210%)

Total Liabilities

£79.99M

Turnover

N/A

Employees

N/A

Debt Ratio

99%

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

1 Allotment 49,999 Shares £50k Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
17 Nov 202149,999£50k£1

Officers

Officers

1 active 2 resigned
Status
Alessandro AgostiniDirectorBritish,italianUnited Kingdom5414 Mar 2023Active

Shareholders

Shareholders (1)

State Oil Limited
100.0%

Persons with Significant Control

Persons with Significant Control (1)

1 Active 1 Ceased

State Oil Limited

United Kingdom

Active
Notified 28 Feb 2020
Nature of Control
  • Ownership Of Shares 75 To 100 Percent,voting Rights 75 To 100 Percent,right To Appoint And Remove Directors
Ceased

Group Structure

Group Structure

PRAX GROUP LIMITED united kingdom
STATE OIL LIMITED united kingdom
PRAX EXPLORATION & PRODUCTION PLC Current Company

Charges

Charges

No charges registered

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
30 Oct 2025InsolvencyLiquidation In Administration Result Creditors Meeting
3 Oct 2025AddressChange Registered Office Address Company With Date Old Address New Address
3 Oct 2025InsolvencyLiquidation In Administration Appointment Of Administrator
25 Jul 2025OfficersChange to director Nicholas John Pike on 2025-07-22
18 Jul 2025OfficersAppointment of Nicholas John Pike as director on 2025-07-06
30 Oct 2025 Insolvency

Liquidation In Administration Result Creditors Meeting

3 Oct 2025 Address

Change Registered Office Address Company With Date Old Address New Address

3 Oct 2025 Insolvency

Liquidation In Administration Appointment Of Administrator

25 Jul 2025 Officers

Change to director Nicholas John Pike on 2025-07-22

18 Jul 2025 Officers

Appointment of Nicholas John Pike as director on 2025-07-06

Recent Activity

Latest Activity

Liquidation In Administration Result Creditors Meeting

5 months ago on 30 Oct 2025

Change Registered Office Address Company With Date Old Address New Address

6 months ago on 3 Oct 2025

Liquidation In Administration Appointment Of Administrator

6 months ago on 3 Oct 2025

Change to director Nicholas John Pike on 2025-07-22

9 months ago on 25 Jul 2025

Appointment of Nicholas John Pike as director on 2025-07-06

9 months ago on 18 Jul 2025