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PRAX PETROLEUM LIMITED

UK Flag C/O TENEO FINANCIAL ADVISORY LIM, THE COLMORE BUILDING, BIRMINGHAM, B4 6AT


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PRAX PETROLEUM LIMITED

Private limited with Share Capital

In Administration

20 November 2002

46711 Wholesale of petroleum and petroleum products - Wholesale of petroleum and petroleum products

Available to 06 Nov 2024. Next accounts due by 30 Nov 2025

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Current Directors & Secretaries

For a full in-depth analysis on each of these directors, click any of the links below

Name Role Date Of Birth Appointed
ELEMENTAL COMPANY SECRETARY LIMITED Company Secretary
Mr Winston Sanjeevkumar Soosaipillai Director

Previous Directors & Secretaries

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Mortgages and Charges

Total Outstanding

16

Total Satisfied

62

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Societe Generale SATISFIED
Societe Generale SATISFIED
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Banque Internationale De Commerce - Bred (Suisse) Sa OUTSTANDING
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Garantibank International N.v. OUTSTANDING
Raiffeisen Bank International Ag OUTSTANDING
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Citibank, N.a., London Branch SATISFIED
Ca Indosuez (Switzerland) Sa SATISFIED
Ubs Switzerland Ag OUTSTANDING
Natixis OUTSTANDING
Soci?t? G?n?rale, Paris, Zurich Branch SATISFIED
Soci?t? G?n?rale, Paris, Z?rich Branch SATISFIED
Ca Indosuez (Switzerland) Sa SATISFIED
Ca Indosuez (Switzerland) S.a. SATISFIED
Ca Indosuez (Switzerland) S.a. SATISFIED
Gazprombank (Switzerland) Ltd SATISFIED
Gazprombank (Switzerland) Ag SATISFIED
Societe Generale As Finance Provider SATISFIED
Credit Suisse (Switzerland) Ltd SATISFIED
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Credit Suisse (Switzerland) Ltd SATISFIED
Credit Suisse (Switzerland) Ltd SATISFIED
Credit Suisse (Switzerland) Ltd. SATISFIED
Credit Suisse (Schweiz) Ag SATISFIED
Credit Suisse (Schweiz) Ag SATISFIED
Credit Suisse (Schweiz) Ag SATISFIED
Credit Suisse (Schweiz) Ag SATISFIED
Banque De Commerce Et De Placements Sa SATISFIED
Lloyds Bank PLC SATISFIED
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Barclays Bank PLC (As Security Agent) SATISFIED
Societe Generale SATISFIED
Lloyds Bank PLC SATISFIED
Barclays Bank PLC (As Security Agent) SATISFIED
Santander Uk PLC SATISFIED
Santander Uk PLC SATISFIED
Barclays Bank PLC SATISFIED
Lloyds Bank PLC (Formerly K/a Lloyds Tsb Bank PLC) SATISFIED
Letter Of Pledge Banque Cantonale De Geneve SATISFIED
Letter Of Hypothecation Banque Cantonale De Geneve SATISFIED
General Pledge Agreement Banque Cantonale De Geneve SATISFIED
Deed Of Assignment Of Receivables Banque Cantonale De Geneve SATISFIED
Assignment Credit Suisse Ag SATISFIED
Memorandum Of Pledge And Hypothecation Of Goods Lloyds Tsb Bank PLC SATISFIED
Deposit Agreement Lloyds Tsb Bank PLC SATISFIED
Deposit Agreement Lloyds Tsb Bank PLC SATISFIED
Deposit Agreement Lloyds Tsb Bank PLC SATISFIED
Debenture Lloyds Tsb Bank PLC SATISFIED
An Omnibus Guarantee And Set-off Agreement Lloyds Tsb Bank PLC SATISFIED
Tripartite Agreement Ing Belgium, Brussels, Geneva Branch SATISFIED
Tripartite Security Agreement Credit Agricole (Suisse) S.a. SATISFIED
Deed Of Pledge And Assignment Ing Belgium SATISFIED
Assignment Ing Belgium SATISFIED
Trade Finance Security Agreement Bnp Paribas (Suisse) Sa SATISFIED
General Deed Of Pledge Of Goods And Assignment Of Claims Credit Argricole (Suisse) S.a. SATISFIED
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All Assets Debenture Eurofactor (Uk) Limited SATISFIED
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Legal Assignment Hsbc Bank PLC SATISFIED
Fixed Charge On Purchased Debts Which Fail To Vest Hsbc Invoice Finance (Uk) Ltd ("the Security Holder") SATISFIED
Floating Charge (All Assets) Hsbc Invoice Finance (Uk) Ltd ("the Security Holder") SATISFIED
Debenture Hsbc Bank PLC SATISFIED
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Accounts
Cash £6,437,696.00 £10,535,695.00 £4,340,925.00 £11,671,738.00 £3,881,359.00
Net Worth £49,274,419.00 £8,857,387.00 £26,156,958.00 £26,682,574.00 £16,622,531.00
Total Current Liabilities £268,483,106.00 £563,423,576.00 £301,626,565.00 £268,573,386.00 £157,348,964.00
Total Current Assets £297,872,293.00 £567,338,349.00 £325,856,711.00 £291,831,472.00 £169,230,394.00
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Frequently Asked Questions about PRAX PETROLEUM LIMITED

Detailed answers about PRAX PETROLEUM LIMITED, including incorporation, status, business activity, and accounts information.

When was PRAX PETROLEUM LIMITED founded?

PRAX PETROLEUM LIMITED was officially incorporated on 20 November 2002 and is registered under company number 04595500. Incorporation establishes the company as a legal entity registered at Companies House, allowing it to trade, enter contracts, and operate under UK company law.

What type of company is PRAX PETROLEUM LIMITED?

Private limited with Share Capital. This classification indicates the legal structure of the company, which determines the way it is governed, its liability, and regulatory obligations. For example, a private limited company (Ltd) limits the personal liability of its shareholders.

What is the current status of PRAX PETROLEUM LIMITED?

PRAX PETROLEUM LIMITED's current status is Pending. The company status indicates whether it is actively trading, dormant, or has been dissolved. Maintaining an active status is essential for legally conducting business, filing accounts, and maintaining credibility with partners and lenders.

What does PRAX PETROLEUM LIMITED do?

PRAX PETROLEUM LIMITED operates in the following sector: 46711 Wholesale of petroleum and petroleum products - Wholesale of petroleum and petroleum products . This provides insight into the company’s primary business activities and industry focus. Knowing the SIC code and description is useful for market research, assessing competitors, and understanding potential business risks.

What is PRAX PETROLEUM LIMITED's registered address?

The registered office address of PRAX PETROLEUM LIMITED is The Colmore Building, Birmingham, B4 6AT. This is the official address filed with Companies House for legal and statutory correspondence.

Is PRAX PETROLEUM LIMITED financially stable?

Based on the latest accounts up to 06 Nov 2024, PRAX PETROLEUM LIMITED has filed financial statements showing its assets, liabilities, and overall trading performance. The next accounts are due by 30 Nov 2025. Reviewing these accounts helps assess the company’s financial stability, creditworthiness, and risk profile, which is crucial for investors, suppliers, and potential business partners.