PRAX DOWNSTREAM UK LIMITED

HARVEST HOUSE HORIZON BUSINESS VILLAGE, 1 BROOKLANDS ROAD, WEYBRIDGE, SURREY, KT13 0TJ

Previous name: TOTAL DOWNSTREAM UK LIMITED (changed on 04-Mar-2021)

Company Number: 00223114
Incorporation date: 08-Jul-1927
Status: Active
Entity type: Private Limited Company

SIC codes:
19201 Mineral oil refining

SUMMARY

This company is 97.8 years old and is currently active. It is controlled by multiple entities. The company has positive equity (net assets) of GBP 305.6 million which has increased from GBP 305.5 million in the previous year. Retained earnings is negative (GBP -319 million), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 2 active officers (directors or partners) who are or were officers of 59 other companies. The company has no public disputes filed on the Business Disputes Register. There are 5 court cases involving the company that we are aware of.

FINANCIALS (BETA)

Next accounts due: 28-Feb-2025
Accounts Filed: AUDIT EXEMPTION SUBSIDIARY (28-Feb-2023)

P&L Financials:

Year end	Currency	Interest Received	Tax	Net Profit GBP
31-Dec-2019	GBP	118,000	3,000	114,000
31-Dec-2018	GBP	116,000	22,000	150,093,000
31-Dec-2017	GBP	115,000	21,000	93,000

Balance Sheet Financials:

Year end	Currency	Cash	Current Liabilities	Debt	Share Capital	Premium Reserve	Retained Earnings	Net Assets
31-Dec-2019	GBP	728,000	18,000	21,000	607,000,000	17,546,000	-318,961,000	305,585,000
31-Dec-2018	GBP	625,000	33,000	17,000	607,000,000	17,546,000	-319,075,000	305,471,000
31-Dec-2017	GBP	509,000	16,000	12,000	607,000,000	17,546,000	-469,168,000	155,378,000

VALUATION EVENTS (BETA)

Year end	Currency	% Equity	Sum raised	Pre-Money Valuation*	Post-Money Valuation*	Enterprise Value**

Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All apointments (active/resigned)
Active	ELEMENTAL COMPANY SECRETARY LIMITED	01 Mar 2021	27 Mar 2025			309 - 145
Resigned	Stephen WOODHOUSE	05 Dec 2019	01 Mar 2021			0 - 1
Resigned	Georgina Violet CROWHURST	03 Apr 2013	05 Dec 2019			0 - 1
Resigned	Aminta Liliana HALL	01 Nov 2011	03 Apr 2013			0 - 1
Resigned	Lee Ian YOUNG	11 Aug 2008	31 Oct 2011	Solicitor	British	0 - 27
Resigned	Russell Gerard POYNTER	01 Nov 2001	11 Aug 2008		British	1 - 34
Resigned	Caryl Annette LONGLEY	30 Jun 1999	31 Oct 2001		British	0 - 21
Resigned	Nicholas Charles Patrick VANDERVELL	28 Oct 1996	30 Jun 1999		British	1 - 19
Resigned	Susan Jane HINES	12 Feb 1996	28 Oct 1996	Chartered Secretary	British	7 - 11
Resigned	Nicholas Charles Patrick VANDERVELL		12 Feb 1996		British	1 - 19

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Resigned	Luc Jean SMETS	01 Mar 2021	14 Mar 2022	General Manager Lindsey Oil Refinery	Belgian	0 - 8	0 (0.0%)
Resigned	Don Camillo Emilio BORNEO	01 Mar 2021	29 May 2022	Oil Trader	British	0 - 35	0 (0.0%)
Active	Winston Sanjeevkumar SOOSAIPILLAI	01 Mar 2021		Director	British	23 - 2	1 (4.0%)
Active	Winston Sanjeevkumar SOOSAIPILLAI	01 Mar 2021		Director	British	59 - 0	0 (0.0%)
Resigned	Edmund Bretnall STOBSETH BROWN	15 Jan 2021	01 Mar 2021	Manager	British	0 - 3	0 (0.0%)
Resigned	Thomas BEHRENDS	20 Jan 2020	01 Mar 2021	General Manager	German	0 - 10	1 (10.0%)
Resigned	Francois BOURRASSE	20 Jan 2020	01 Mar 2021	Chartered Engineer	French	0 - 3	0 (0.0%)
Resigned	Guillaume EVENO	29 Jun 2018	15 Jan 2021	Chemical Engineer	French	0 - 4	0 (0.0%)
Resigned	Jean-Marc DURAND	06 Oct 2017	20 Jan 2020	General Manager Of Tlor	French	0 - 7	1 (14.3%)
Resigned	Olivier Jean-Luc Rene ALEXANDRE	17 Feb 2015	20 Jan 2020	Engineer	French	0 - 3	0 (0.0%)
Resigned	Edmund Bretnall STOBSETH-BROWN	01 Apr 2013	29 Jun 2018	Company Director	British	0 - 10	0 (0.0%)
Resigned	Jacques Louis Delphine BEUCKELAERS	01 Nov 2012	06 Oct 2017	Oil Company Executive	Belgian	0 - 11	0 (0.0%)
Resigned	Tom Nico Michiel SCHOCKAERT	01 Jan 2012	17 Feb 2015	Oil Company Executive	Belgian	0 - 5	1 (20.0%)
Resigned	Benoit LUC	01 Jan 2012	01 Apr 2013	Oil Company Executive	French	0 - 2	0 (0.0%)
Resigned	Simon Nicholas PALMER	03 Mar 2010	31 Oct 2011	Director Of Human Resources	British	0 - 4	1 (25.0%)
Resigned	Didier Marie Gerard HAREL	01 Nov 2008	01 Nov 2012	Oil Company Executive	French	0 - 14	8 (57.1%)
Resigned	Eric Pierre BOZEC	01 Jun 2008	05 Apr 2013	Oil Company Executive	French	0 - 20	10 (50.0%)
Resigned	Lynne DONALDSON	01 Sep 2007	03 Mar 2010	Oil Company Executive	British	0 - 14	4 (28.6%)
Resigned	Robert Christian PARKES	28 Feb 2006	01 Sep 2007	Hr Director	British	0 - 5	1 (20.0%)
Resigned	Aidan Peter DWAN	19 Dec 2003	28 Feb 2006	Oil Company Executive	British	0 - 9	2 (22.2%)
Resigned	Pierre HUTCHISON	19 Dec 2003	01 Jun 2008	Oil Company Executive	French	0 - 21	10 (47.6%)
Resigned	Malcolm Frederick JONES	01 Oct 2003	01 Nov 2008	Oil Co Exec	British	0 - 18	7 (38.9%)
Resigned	Eric DE MENTEN	29 May 2002	31 Dec 2011	Economist	Belgian	0 - 5	1 (20.0%)
Resigned	Charles Gary JONES	30 Jun 1999	30 Sep 2003	Oil Company Executive	British	0 - 18	8 (44.4%)
Resigned	Charles Edward HENDERSON	30 Jun 1999	22 Jun 2005	Oil Co Executive	British	0 - 18	1 (5.6%)
Resigned	Alain CHAMPEAUX	30 Jun 1999	29 May 2002	Director	French	0 - 6	1 (16.7%)
Resigned	Jean-Michel Henry Fernand MULS	21 May 1997	01 Feb 1999	Civil Engineer	Belgian	0 - 11	1 (9.1%)
Resigned	Kathryn Susan KARLSEN	15 Nov 1996	30 Jun 1999	General Manager & Exploration	British	0 - 4	1 (25.0%)
Resigned	Peter OWENS	01 Mar 1994	30 Jun 1999	Chartered Accountant	British	0 - 9	4 (44.4%)
Resigned	Joseph Willy Ignace Marie Van WAESBERGHE	01 Feb 1994	30 Sep 1996	Company Executive	Dutch	0 - 1	0 (0.0%)
Resigned	Simon Patrick Henry HOWORTH	01 Aug 1993	29 Aug 1997	Oil Company Executive	British	0 - 6	1 (16.7%)
Resigned	Miguel Patrick Francis Vivian Ghislain DEL MARMOL	01 Jan 1993	30 Jun 1999	Oil Company Executive	Belgian	0 - 1	0 (0.0%)
Resigned	Henrique BANDEIRA VIEIRA	27 Oct 1992	01 Apr 1999	Oil Company Executive	Portuguese	0 - 5	0 (0.0%)
Resigned	Malcolm WEBB		31 Jul 1999	Solicitor	British	0 - 24	3 (12.5%)
Resigned	Edouard DEMEURE DE LESPAUL		31 Jan 1994	Managing Director	Belgian	0 - 6	1 (16.7%)
Resigned	Pierre Jean Marie Henri, Doctor JUNGELS		12 Dec 1995	Oil Company Executive	Belgian	0 - 7	2 (28.6%)
Resigned	Bernard Jacques Robert Napoleon CLAUDE		31 Jan 1994	Oil Company Executive	Belgian	0 - 3	0 (0.0%)
Resigned	Peter, Sir HORDERN		31 Dec 1998	Member Of Parliament	British	0 - 4	0 (0.0%)
Resigned	Francois Marc Ghilsain CORNELIS		30 Jun 1999	Oil Company Executive	Belgium	0 - 2	0 (0.0%)
Resigned	Henri OLIN		30 Apr 1998	Oil Company Executive	Belgian	0 - 1	0 (0.0%)
Resigned	Jacques Jacobe De NAUROIS		31 Jan 1994	Managing Director	French	0 - 1	0 (0.0%)
Resigned	Simon Patrick Henry HOWORTH		29 Aug 1997	Oil Company Executive	British	0 - 6	1 (16.7%)

Number of active directors: 2
Average tenure of active directors: 4.1 years
Average tenure of resigned directors: 2.7 years
Average active director Dissolution Rate: 2.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Winston Sanjeevkumar SOOSAIPILLAI	Winston Sanjeevkumar SOOSAIPILLAI
PRAX DOWNSTREAM UK LIMITED (00223114) - Active	✔	✔
PRAX MILFORD HAVEN REFINERY LIMITED (00285103) - Active	✔	✔
PRAX LINDSEY OIL REFINERY LIMITED (00564599) - Active	✔	✔
BROBOT PETROLEUM LIMITED (01349544) - Active		✔
HARVEST ENERGY LIMITED (02999020) - Active	✔	✔
STATE OIL LIMITED (04112423) - Active	✔	✔
PRAX TERMINALS JARROW LIMITED (04283393) - Active	✔	✔
H.K.S. MOTORS LIMITED (04447901) - Active		✔
HARVEST ENERGY (DEALERSHIPS) LIMITED (04595498) - Active	✔	✔
PRAX PETROLEUM LIMITED (04595500) - Active	✔	✔
KING STREET HOLDINGS (UK) LTD (04738869) - Active		✔
PRAX LIMITED (04849798) - Active	✔	✔
PRAX UPSTREAM LIMITED (05245689) - Active		✔
HARVEST ENERGY GROUP LIMITED (05293930) - Active	✔	✔
PRAX OVERSEAS HOLDINGS LIMITED (05294499) - Active	✔	✔
H.K.S. RETAIL LIMITED (05448285) - Active		✔
H. K. S. HOLDINGS LIMITED (05465167) - Active		✔
VOICE TELECOM LIMITED (05480748) - Active	✔	✔
RED OIL LIMITED (06259873) - Dissolved	✔
PRAX HURRICANE PETROLEUM LIMITED (07700415) - Active		✔
PRAX HURRICANE BASEMENT LIMITED (07700492) - Active		✔
PRAX HURRICANE GROUP LIMITED (07700755) - Active		✔
BROBOT GROUP LIMITED (07784520) - Active		✔
HARVEST ENERGY AVIATION LTD (08655019) - Active	✔	✔
RETAIL FUELS LTD (09106751) - Active		✔
HARVEST RETAIL LIMITED (09177189) - Active	✔	✔
PLATINUM ASSET INVESTMENT LIMITED (10063555) - Active		✔
PRAX HURRICANE HOLDINGS LIMITED (10654801) - Active		✔
PRAX HURRICANE (WHIRLWIND) LIMITED (10654845) - Active		✔
PRAX HURRICANE (STRATHMORE) LIMITED (10654846) - Active		✔
PRAX HURRICANE GWA LIMITED (10656130) - Active		✔
PRAX HURRICANE GLA LIMITED (10656211) - Active		✔
PRAX SHIPPING LIMITED (10792957) - Active		✔
PRAX OIL LIMITED (10807697) - Active		✔
PRAX FUELS LIMITED (10942331) - Active		✔
BLUE OCEAN ASSOCIATES LIMITED (10944986) - Active		✔
BREEZE RETAIL LIMITED (11174290) - Active		✔
PRAX DERIVATIVES LIMITED (11270724) - Active		✔
HARVEST ENERGY RETAIL GROUP LIMITED (11620002) - Active		✔
HARVEST ENERGY RETAIL HOLDINGS LIMITED (11620166) - Active		✔
HARVEST ENERGY RETAIL LIMITED (11620252) - Active		✔
HARVEST ENERGY MARINE LIMITED (11804384) - Active		✔
PRAX RETAIL HOLDINGS LIMITED (11833413) - Active		✔
HARVEST ENERGY (BLA) LIMITED (11835079) - Active		✔
AXIS LOGISTICS LIMITED (11853027) - Active		✔
HARVEST ENERGY (FUEL CARDS) LIMITED (11853324) - Active		✔
ARASAN LIMITED (11870466) - Active		✔
PRAX EXPLORATION & PRODUCTION PLC (12157790) - Active	✔	✔
PRAX REFINING LIMITED (12412073) - Active	✔	✔
HARVEST RETAIL (HOLDINGS) LIMITED (12478599) - Active	✔	✔
PRAX TREASURY LIMITED (13167077) - Active		✔
PRAX ENERGY LIMITED (13775550) - Active		✔
PRAX CAPITAL LIMITED (13776102) - Active		✔
PRAX AIR LIMITED (13776115) - Active		✔
PRAX GAS AND POWER LIMITED (13776175) - Active		✔
PRAX GROUP HOLDINGS LIMITED (13920571) - Active	✔	✔
PRAX GROUP LIMITED (13940675) - Active	✔	✔
PRAX MIDSTREAM UK LIMITED (14668877) - Active	✔	✔
PRAX STORAGE LINDSEY LIMITED (14753508) - Active	✔	✔
PRAX TERMINALS KILLINGHOLME LIMITED (14755938) - Active	✔	✔

SHAREHOLDERS (BETA)

Shareholder name	Share class	Shares at confirmation date
Shareholder name	Share class	2016-06-28	2015-06-28	2014-06-28	2013-06-28	2012-06-28
ELF PETROLEUM UK LTD	ORDINARY	607,000,000 100%	607,000,000 100%	232,000,000 100%	232,000,000 100%	232,000,000 100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES

- - >75%:Totalenergies S.E. (N/A - France) active
  >75%:Totalenergies Holdings Uk Limited (01722136 - United Kingdom) active
>75%:Elf Petroleum Uk Limited (01290174 - United Kingdom) ceased
- - 25-50%:Mr Winston Sanjeev Kumar Soosaipillai - ceased
  - 25-50%:Mrs Arani Soosaipillai - ceased
  - 25-50%:Mrs Arany Soosaipillai - active
    25-50%:Winston Sanjeev Kumar Soosaipillai - active
    >75%:Prax Group Holdings Limited (13920571 - United Kingdom) ceased
  - 25-50%:Mrs Arany Soosaipillai - active
    25-50%:Winston Sanjeev Kumar Soosaipillai - active
    >75%:Prax Group Holdings Limited (13920571 - United Kingdom) active
    >75%:Prax Group Limited (13940675 - United Kingdom) active
  >75%:State Oil Limited (04112423 - United Kingdom) active
>75%:Prax Refining Limited (12412073 - United Kingdom) active

Controlling entities above

PRAX DOWNSTREAM UK LIMITED

Controlled companies below

>75%:PRAX LINDSEY OIL REFINERY LIMITED (00564599 - UK) active
- 25-50%:CRUDE OIL TERMINALS (HUMBER) LIMITED (00554458 - UK) active
- >75%:PRAX MILFORD HAVEN REFINERY LIMITED (00285103 - UK) active
- 25-50%:WARWICKSHIRE OIL STORAGE LIMITED (00691923 - UK) active
  - >75%:WOSL PENSION TRUSTEES LIMITED (13831494 - UK) active
- 50%-75%:HERTFORDSHIRE OIL STORAGE LIMITED (00964902 - UK) active

LATE PAYMENTS REPORT

This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES

Date	Title	Reference
2009-04-24	National Policing Improvements Agency v Total Downstream UK Plc & Ors	[2009] EWHC 943 (TCC)
2009-04-22	Colour Quest Ltd & Ors v Total Downstream UK Plc & Ors (Rev 1)	[2009] EWHC 823 (Comm)
2009-04-22	Colour Quest Ltd & Ors v Total Downstream UK Plc & Ors (Rev 1)	[2009] EWHC 823 (Comm)
2009-03-20	Colour Quest Ltd & Ors v Total Downstream UK Plc & Ors (Rev 1)	[2009] EWHC 540 (Comm)
2009-03-20	Colour Quest Ltd & Ors v Total Downstream UK Plc & Ors (Rev 1)	[2009] EWHC 540 (Comm)

PATENTS

No Patents found

COMPETITORS

(Based on Sic code: 19201 Mineral oil refining)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP	Other SIC codes
PHILLIPS 66 LIMITED	7TH FLOOR, 200-202 ALDERSGATE STREET, LONDON, EC1A 4HD	00529086	2017-12-31	11,700,000,000	485,000,000
ESSAR OIL (UK) LIMITED	THE ADMINISTRATION BUILDING 5TH FLOOR, STANLOW MANUFACTURING COMPLEX, ELLESMERE PORT, CHESHIRE, CH65 4HB	07071400	2018-03-31	5,426,600,000	161,300,000
BP OIL UK LIMITED	CHERTSEY ROAD, SUNBURY ON THAMES, MIDDLESEX, TW16 7BP	00446915	2017-12-31	3,491,000,000	120,000,000
TOTAL LINDSEY OIL REFINERY LIMITED	HARVEST HOUSE HORIZON BUSINESS VILLAGE, 1 BROOKLANDS ROAD, WEYBRIDGE, SURREY, UNITED KINGDOM, KT13 0TJ	00564599	2017-12-31	2,703,437,000	83,254,000	46711-Wholesale of petroleum and petroleum products 46719-Wholesale of other fuels and related products
INEOS SALES (UK) LIMITED	HAWKSLEASE, CHAPEL LANE, LYNDHURST, ENGLAND, SO43 7FG	07445505	2017-12-31	1,545,044,000	2,658,000
PETROINEOS MANUFACTURING SCOTLAND LIMITED	BO'NESS ROAD, GRANGEMOUTH, STIRLINGSHIRE, FK3 9XH	SC010612	2017-12-31	286,672,000	27,885,000
LUBRICANTS UK LIMITED	CHERTSEY ROAD, SUNBURY ON THAMES, MIDDLESEX, TW16 7BP	00097216	2017-12-31	224,534,000	34,940,000
PETRO-LUBE (UK) LIMITED	SUITE NO 10 LONSTO HOUSE, 276 CHASE ROAD, SOUTHGATE, LONDON, N14 6HA	01875025	2017-12-31	581,449	0
VTL (UK) LIMITED	4385, 06769142: COMPANIES HOUSE DEFAULT ADDRESS, CARDIFF, CF14 8LH	06769142	2017-12-31	152,933	0

LIQUIDATION RISK (BETA)

This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:

Basis	Liquidation within 3 months	Liquidation within 6 months	Liquidation within 12 months	Prediction confidence
PRAX DOWNSTREAM UK LIMITED	0.7%	3.6%	7.1%	Medium
Other companies Active in the same sector	Too few competitors


Age	0.6%	1.7%	2.7%	Medium
Company Type	0.7%	3.7%	7.4%	Medium
Accounts category	0.4%	1.3%	3.0%	Medium
Accounting Month	0.5%	2.1%	5.6%	Medium
Sic code count	0.7%	3.5%	7.0%	Medium