Prax Limited
04849798
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- 12 outstanding charges (-10)
Details
Previously known as
Compliance
Last accounts
28/02/2025
group
Next accounts due
30/11/2026
Confirmation statement
Last: 29/07/2026
Due 12/08/2027
Industry
Officers
director · Since 04/07/2025
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 63
Also on 129 other boards
director · Since 14/07/2025
NON EXECUTIVE DIRECTOR
BRITISH · UNITED KINGDOM · Age 55
Also on 2 other boards
corporate secretary · Since 21/04/2020
Reg: 07900133
Also on 429 other boards
Former
corporate nominee director · Resigned 29/07/2003
corporate nominee secretary · Resigned 29/07/2003
director · Resigned 01/04/2009
secretary · Resigned 21/04/2020
director · Resigned 29/05/2022
director · Resigned 04/07/2025
Persons with Significant Control
State Oil Limited
C/O Teneo Financial Advisory Limited, The Colmore Building 20 Colmore Circus Queensway, Birmingham, B4 6AT
Reg: 4112423 · Registrar Of Companies · Limited By Shares
Notified 06/04/2016
Former PSCs
Mr Winston Sanjeev Kumar Soosaipillai
Ceased 06/04/2016
Charges12 outstanding
GLAS TRUST CORPORATION LIMITED
GLAS TRUST CORPORATION LIMITED AS SECURITY AGENT · CHIMERA INVESTMENT LLC · HSBC BANK PLC · NB DIRECT ACCESS II QAHC LTD · THERE ARE MORE THAN FOUR PERSONS ENTITLED
GLAS TRUST CORPORATION LIMITED AS SECURITY AGENT · CHIMERA INVESTMENT LLC · HSBC BANK PLC · NB DIRECT ACCESS II QAHC LTD · THERE ARE MORE THAN FOUR PERSONS ENTITLED
GLAS TRUST CORPORATION LIMITED AS SECURITY AGENT · CHIMERA INVESTMENT LLC · HSBC BANK PLC · NB DIRECT ACCESS II QAHC LTD · THERE ARE MORE THAN FOUR PERSONS ENTITLED
GLAS TRUST CORPORATION LIMITED AS SECURITY AGENT · CHIMERA INVESTMENT LLC · HSBC BANK PLC · NB DIRECT ACCESS II QAHC LTD · THERE ARE MORE THAN FOUR PERSONS ENTITLED
GLAS TRUST CORPORATION LIMITED AS THE SECURITY AGENT · CHIMERA INVESTMENT LLC · HSBC BANK PLC · NB DIRECT ACCESS II QAHC LTD · THERE ARE MORE THAN FOUR PERSONS ENTITLED
GLAS TRUST CORPORATION LIMITED AS THE SECURITY AGENT · CHIMERA INVESTMENT LLC · HSBC BANK PLC · NB DIRECT ACCESS II QAHC LTD · THERE ARE MORE THAN FOUR PERSONS ENTITLED
HSBC BANK PLC, LEVEL 17, 8 CANADA SQUARE, LONDON, E14 5HQ, UNITED KINGDOM AS ARRANGER AND LENDE · GLOBAL LOAN AGENCY SERVICES LIMITED, 55 LUDGATE HILL LEVEL 1 WEST, LONDON, EC4M 7JW, UNITED KIN · GLAS TRUST CORPORATION LIMITED, 55 LUDGATE HILL, LEVEL 1 WEST, LONDON, EC4M 7JW, UNITED KINGDOM · SONA CREDIT MASTER FUND LIMITED, UGLAND HOUSE, SOUTH CHURCH STREET, GEORGETOWN, GRAND CAYMAN, K · THERE ARE MORE THAN FOUR PERSONS ENTITLED
HSBC BANK PLC, LEVEL 17, 8 CANADA SQUARE, LONDON, E14 5HQ, UNITED KINGDOM AS ARRANGER AND LENDE · GLOBAL LOAN AGENCY SERVICES LIMITED, 55 LUDGATE HILL LEVEL 1 WEST, LONDON, EC4M 7JW, UNITED KIN · GLAS TRUST CORPORATION LIMITED, 55 LUDGATE HILL, LEVEL 1 WEST, LONDON, EC4M 7JW, UNITED KINGDOM · SONA CREDIT MASTER FUND LIMITED, UGLAND HOUSE, SOUTH CHURCH STREET, GEORGETOWN, GRAND CAYMAN, K · THERE ARE MORE THAN FOUR PERSONS ENTITLED
GLAS TRUST CORPORATION LIMITED, 55 LUDGATE HILL, LEVEL 1, WEST, LONDON, ENGLAND, EC4M 7JW AS SE
HSBC BANK PLC, LEVEL 17, 8 CANADA SQUARE, LONDON, E14 5HQ, UNITED KINGDOM AS ARRANGER AND LENDE · GLOBAL LOAN AGENCY SERVICES LIMITED, 55 LUDGATE HILL LEVEL 1 WEST, LONDON, EC4M 7JW, UNITED KIN · GLAS TRUST CORPORATION LIMITED, 55 LUDGATE HILL, LEVEL 1 WEST, LONDON, EC4M 7JW, UNITED KINGDOM · SONA CREDIT MASTER FUND LIMITED, UGLAND HOUSE, SOUTH CHURCH STREET, GEORGETOWN, GRAND CAYMAN, K · THERE ARE MORE THAN FOUR PERSONS ENTITLED
GLAS TRUST CORPORATION LIMITED, 55 LUDGATE HILL, LEVEL 1, WEST, LONDON, ENGLAND, EC4M 7JW AS SE
GLAS TRUST CORPORATION LIMITED
MOUNT STREET MORTGAGE SERVICING LIMITED (AND ITS SUCCESSORS IN TITLE AND PERMITTED TRANSFEREES)
Change History
Active
Private Limited Company
27 OLD GLOUCESTER STREET
LONDON
CompanyRankvs 121+ SIC 46711 peers52
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 28/02/2021
Turnover
£0
Annual revenue
Net Worth
£8.1M
Balance sheet strength
Cash
£2
Cash in the bank
Profit Before Tax
£0
Bottom line earnings
Net Current Assets
-£9.8M
Working capital
Current Assets
£3.5M
Current Liabilities
£13.3M
Fixed Assets
£17.9M
Debtors
£3.5M
Cost of Sales
£0
Gross Profit
£0
Admin Expenses
£0
Operating Profit
£0
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2021 | 0.26 |
Derived from filed accounts. Not audited figures.