Company Overview
Prax Terminals Jarrow Limited is listed at the official companies registry as in Liquidation Private Limited Company. The company was incorporated on Friday 07 September 2001, so this is a well established company. Prax Terminals Jarrow Limited has been in business for 24 years and 6 months. The accounts status is small and the accounts are next due on Sunday 30 November 2025.
Registered Address

16Th Floor 1 Westfield Avenue, London, E20 1HZ
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Companies House Data
Company NamePRAX TERMINALS JARROW LIMITED
Company Number04283393
Registered Office Address16th Floor 1 Westfield Avenue
 E20 1HZ
Company CategoryPrivate Limited Company
Company StatusLiquidation
Country of OriginUnited Kingdom
Incorporation Date07/09/2001
Accounting Reference Date Day28
Accounting Reference Date Month2
Accounts Next Due Date30/11/2025
Accounts Last Made Up Date29/02/2024
Accounts Account CategorySMALL
Returns Next Due Date11/07/2017
Returns Last Made Up Date13/06/2016
Previous Company NameChanged Date
PRAX TERMINALS LIMITED10 Feb 2023
STATE RENTAL LIMITED13 Jun 2013
Directors & Members
Show Resigned
Winston Soosaipillai - Director
(British, 53 years old, born March 1973)
Appointed 07 September 2001
Active
Elemental Company Secretary Limited - Secretary
Appointed 21 April 2020
Active
Secretaries
Show Resigned
Elemental Company Secretary Limited - Secretary
Appointed 21 April 2020
Active
Balance Sheet Unlock full report
Accounts Date 29-Feb-2024 28-Feb-2015 28-Feb-2014
Balance Sheet
Fixed Assets 109,519 109,519 0
Current Assets 159,103 159,103 0
Creditors Due Within One Year 110,132 110,132 0
Working Cap 48,971 48,971 0
Total Assets Less Current Liabilities 158,490 158,490 0
Long-term Liabilities 5,522 5,522 0
Net Assets 152,968 152,968 0
Share Capital & Reserves
Share Cap 150,000 150,000 0
Profit & Loss Reserves 2,968 2,968 0
Other Reserves 0 0 0
Shareholders Funds 152,968 152,968 0
Common Size Financial Analysis Unlock full report
Accounts Date 29-Feb-2024 28-Feb-2015 28-Feb-2014
Tangible Fixed Assets - - -
Fixed Assets 40.8% 40.8% -
Stocks Inventory 0.0% 0.0% -
Debtors 4.9% 4.9% -
Cash Bank In Hand 16.5% 16.5% -
Current Assets 59.2% 59.2% -
Creditors Due Within One Year 41.0% 41.0% -
Net Current Assets Liabilities 18.2% 18.2% -
Creditors Due After One Year 2.1% 2.1% -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 56.9% 56.9% -
Called Up Share Capital 55.8% 55.8% -
Share Capital Allotted Called Up Paid 55.8% 55.8% -
Profit Loss Account Reserve 1.1% 1.1% -
Shareholder Funds 56.9% 56.9% -
Capital Employed - - -
Total Assets Less Current Liabilities 59.0% 59.0% -
Financial Ratio Analysis Unlock full report
Accounts Date 29-Feb-2024 28-Feb-2015 28-Feb-2014
Liquidity Ratio 1.4 1.4 0.0
Solvency Ratio 2.3 2.3 -
Reserves to Assets 0.0 0.0 -
Secured Creditors Unlock full report
Mortgages Charges 2
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 2
Assets and Debt Analysis Unlock full report
Accounts Date 29-Feb-2024 28-Feb-2015 28-Feb-2014
Assets 268,622 268,622 0
Debt 115,654 115,654 0
Net Assets/Debt 152,968 152,968 0

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Liquidation.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around E20 1HZ
No other companies found in the same location
Document Filings
Registered office address changed from Harvest House Horizon Business Village 1 Brooklands Road Weybridge Surrey KT13 0TJ United Kingdom to 16th Floor 1 Westfield Avenue London E20 1HZ on 26 February 2026
Order of court to wind up
Confirmation statement made on 12 June 2025 with no updates
Confirmation statement made on 12 June 2024 with updates
Resolutions
Statement of Company's objects
Memorandum and Articles of Association
Director's details changed for Mr Winston Sanjeevkumar Soosaipillai on 10 July 2023
Confirmation statement made on 12 June 2023 with no updates
Cessation of State Oil Limited as a person with significant control on 15 May 2023
Notification of Prax Midstream Uk Limited as a person with significant control on 15 May 2023
Certificate of change of name
Satisfaction of charge 042833930002 in full
Confirmation statement made on 12 June 2022 with no updates
Termination of appointment of Don Camillo Emilio Borneo as a director on 29 May 2022
Confirmation statement made on 12 June 2021 with no updates
Statement of capital following an allotment of shares on 5 January 2015
Change of details for State Oil Limited as a person with significant control on 6 April 2016
Registered office address changed from Prax House Horizon Business Village 1 Brooklands Road Weybridge Surrey KT13 0TJ to Harvest House Horizon Business Village 1 Brooklands Road Weybridge Surrey KT13 0TJ on 23 July 2020
Director's details changed for Mr Don Camillo Emilio Borneo on 7 July 2020

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