PRAX DERIVATIVES LIMITED - Profile & Financials

Accounts Submitted 22 Nov 2024

Confirmation Statement Submitted 21 Mar 2025

Net assets £2.00 £0.00 2024 year on year

Total assets £2.00 £0.00 2024 year on year

Total Liabilities £0.00

Charges None No charges registered

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Contact & Details

Contact

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Registered Address

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

Credit Report

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Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2024

Type Total Exemption Full

Next accounts 31 December 2025

Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2018–2024)

Cash in Bank

£2.00

Net Assets

£2.00

Total Liabilities

N/A

Turnover

N/A

Employees

N/A

Debt Ratio

N/A

Financial History

Revenue, profit, EBITDA and key financial figures

	2024 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

2 active 3 resigned

Show resigned officers

						Status
Elemental Company Secretary Limited	Corporate-secretary	United Kingdom	Unknown	—	21 Apr 2020	Active
Nicholas John Pike	Director	British	United Kingdom	63	4 Jul 2025	Active

Shareholders

Shareholders (1)


State Oil Limited	100.0%	2	Ordinary	21 Mar 2020

Persons with Significant Control

Persons with Significant Control (1)

1 Active 1 Ceased

State Oil Limited

United Kingdom

Active

Notified 22 Mar 2018

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 75 To 100 Percent
Right To Appoint And Remove Directors

Winston Sanjeevkumar Soosaipillai

Ceased 22 Mar 2018

Ceased

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Group Structure

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 DERIVATIVES LIMITED Current Company

Charges

No charges registered

Documents

Company Filings

Date	Category	Description	Document
25 Jul 2025	Officers	Change to director Nicholas John Pike on 2025-07-22	View(2 pages)
18 Jul 2025	Officers	Termination of Winston Sanjeevkumar Soosaipillai as director on 2025-07-04	View(1 page)
18 Jul 2025	Officers	Appointment of Nicholas John Pike as director on 2025-07-04	View(2 pages)
21 Mar 2025	Confirmation Statement	Confirmation statement made on 2025-03-21 with no updates	View(3 pages)
22 Nov 2024	Accounts	Annual accounts made up to 2024-02-29	View(6 pages)