PRAX TREASURY LIMITED

Dissolved Birmingham

Financial management

1 employees website.com
Financial management
P

PRAX TREASURY LIMITED

Financial management

Founded 29 Jan 2021 Dissolved Birmingham, United Kingdom 1 employees website.com
Financial management
Accounts Submitted 12 Nov 2024 Next due 30 Nov 2025 5 months overdue
Confirmation Submitted 4 Feb 2025 Next due 11 Feb 2026 3 months overdue
Net assets £-2M £2M 2023 year on year
Total assets £550M £1M 2023 year on year
Total Liabilities £552M £4M 2023 year on year
Charges 1
1 outstanding

Contact & Details

Contact

Registered Address

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

Full company profile for PRAX TREASURY LIMITED (13167077), a dissolved company based in Birmingham, United Kingdom. Incorporated 29 Jan 2021. Financial management. 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 (2021–2023)

Cash in Bank

£2.43M

Increased by £1.49M (+158%)

Net Assets

-£2.27M

Decreased by £2.41M (-1825%)

Total Liabilities

£552.18M

Increased by £3.80M (+1%)

Turnover

N/A

Employees

1

Debt Ratio

100%

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

2 active 1 resigned
Status
Elemental Company Secretary LimitedCorporate-secretaryUnited KingdomUnknown29 Jan 2021Active
Winston Sanjeevkumar SoosaipillaiDirectorBritishEngland5329 Jan 2021Active

Shareholders

Shareholders (1)

State Oil Limited
100.0%

Persons with Significant Control

Persons with Significant Control (1)

1 Active

State Oil Limited

United Kingdom

Active
Notified 29 Jan 2021
Nature of Control
  • Ownership Of Shares 75 To 100 Percent,voting Rights 75 To 100 Percent,right To Appoint And Remove Directors

Group Structure

Group Structure

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

Charges

Charges

1 outstanding

Properties

Properties

0 total

No related properties

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