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PRAX LINDSEY OIL REFINERY LIMITED

Dissolved Weybridge

Mineral oil refining

470 employees Website
Mineral oil refiningWholesale of petroleum and petroleum products +1
P

PRAX LINDSEY OIL REFINERY LIMITED

Mineral oil refining

Founded 12 Apr 1956 Dissolved Weybridge, United Kingdom 470 employees prax.com
Mineral oil refiningWholesale of petroleum and petroleum productsWholesale of other fuels and related products
Accounts Submitted 13 Nov 2024
Confirmation Statement Submitted 19 Nov 2024
Net assets £450.17M £29.02M 2023 year on year
Total assets £957.42M £375.56M 2023 year on year
Total Liabilities £507.26M £404.59M 2023 year on year
Charges 16
4 outstanding 12 satisfied

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Contact & Details

Contact

Update Details

Registered Address

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

Office (Immingham)

Eastfield Rd, Immingham DN40 3LW

Telephone

0146 956 3300

Website

prax.com

Credit Report

Discover PRAX LINDSEY OIL REFINERY LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

See All Mutual Companies

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 (2014–2023)

Cash in Bank

£27.41M

Increased by £13.41M (+96%)

Net Assets

£450.17M

Increased by £29.02M (+7%)

Total Liabilities

£507.26M

Decreased by £404.59M (-44%)

Turnover

£5620.46M

Decreased by £191.37M (-3%)

Employees

470

Increased by 57 (+14%)

Debt Ratio

53%

Decreased by 15 (-22%)
See 10 Year Full Financials

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

£101k awarded
Show:

Investors (0)

No investor information available

Share Capital

Share Capital

Share allotments and capital structure

5 Allotments 977,700,000 Shares £977.70m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
20 Jan 2025225,000,000£225.00m£1
26 Feb 202480,000,000£80.00m£1
18 Feb 2021267,700,000£267.70m£267.70m
21 Jan 202130,000,000£30.00m£30.00m
24 Mar 2015375,000,000£375.00m£375.00m

Officers

Officers

2 active 49 resigned
Status
Elemental Company Secretary LimitedCorporate-secretaryUnited KingdomUnknown—1 Mar 2021Active
Winston Sanjeevkumar SoosaipillaiDirectorBritishEngland521 Mar 2021Active

Shareholders

Shareholders (1)

Prax Downstream Uk Limited
100.0%
951,810,00019 Nov 2024

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Prax Downstream Uk 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
See All Controllers

Group Structure

Group Structure

PRAX DOWNSTREAM UK LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
PRAX REFINING LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
STATE OIL LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
PRAX GROUP LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
PRAX GROUP HOLDINGS LIMITED united kingdom
PRAX LINDSEY OIL REFINERY LIMITED Current Company
ASSOCIATED PETROLEUM TERMINALS (IMMINGHAM) LIMITED united kingdom shares 25 to 50 percent, voting rights 25 to 50 percent
CRUDE OIL TERMINALS (HUMBER) LIMITED united kingdom shares 25 to 50 percent
HERTFORDSHIRE OIL STORAGE LIMITED united kingdom shares 50 to 75 percent, voting rights 50 to 75 percent, appoint/remove directors
HUMBER OIL TERMINALS TRUSTEE LIMITED united kingdom shares 25 to 50 percent, voting rights 25 to 50 percent
PRAX MILFORD HAVEN REFINERY LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
WARWICKSHIRE OIL STORAGE LIMITED united kingdom shares 25 to 50 percent, voting rights 25 to 50 percent

Charges

Charges

4 outstanding 12 satisfied

Documents

Company Filings

DateCategoryDescriptionDocument
7 Jul 2025InsolvencyLiquidation Compulsory Winding Up OrderView(3 pages)
10 Jun 2025ResolutionResolutionsView(3 pages)
28 May 2025CapitalAllotment of shares (GBP 1,176,810,000) on 2025-01-20View(3 pages)
19 Nov 2024Confirmation StatementConfirmation statement made on 2024-11-17 with updatesView(5 pages)
13 Nov 2024AccountsAnnual accounts made up to 2024-02-29View(45 pages)
7 Jul 2025 Insolvency

Liquidation Compulsory Winding Up Order

View Document(3 pages)
10 Jun 2025 Resolution

Resolutions

View Document(3 pages)
28 May 2025 Capital

Allotment of shares (GBP 1,176,810,000) on 2025-01-20

View Document(3 pages)
19 Nov 2024 Confirmation Statement

Confirmation statement made on 2024-11-17 with updates

View Document(5 pages)
13 Nov 2024 Accounts

Annual accounts made up to 2024-02-29

View Document(45 pages)

Recent Activity

Latest Activity

Liquidation Compulsory Winding Up Order

7 months ago on 7 Jul 2025

Resolutions

8 months ago on 10 Jun 2025

Allotment of shares (GBP 1,176,810,000) on 2025-01-20

8 months ago on 28 May 2025

Confirmation statement made on 2024-11-17 with updates

1 years ago on 19 Nov 2024

Annual accounts made up to 2024-02-29

1 years ago on 13 Nov 2024