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STATE OIL LIMITED

Company TypePrivate Limited
Company Number04112423
Incorporated2000-11-22
IndustryExtraction of crude petroleum
Websitewww.praxpetroleum.com
Phone Number01932 843354
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

STATE OIL LIMITED was formed on the 22nd November 2000 (filed on the 15th August 2017) , and are based in Surrey, Prax House Horizon Business Village. They are currently rated C and are considered to represent a below average risk score. Their credit score was last updated on 25th August 2017. Companies house classifies them as Group. This information was last updated on the 13th November 2017.

In 2017, they made a post-tax profit of £5,128,391 on a turnover of £2,297,336,408 (up 46% from 2016) .

There are 2 major shareholders listed for STATE OIL LIMITED with Winston Sanjeevkumar Soosaipillai and Arani Soosaipillai owning the most shares by value.

Addresses

Registered address

Prax House
Horizon Business Village
Weybridge
Surrey
KT13 0TJ

Trading address

Prax House Horizon Business Village
1 Brooklands Road
Weybridge
Surrey
KT13 0TJ

Financials

28th February 2017 29th February 2016 28th February 2015 28th February 2014 28th February 2013
Cash £5,663,085 £20,538,502 £4,708,382 £6,840,901 £3,119,814
Tangible net worth £19,350,042 £18,655,589 £18,259,764 £16,330,004 £13,573,003
Current liabilities £259,185,919 £276,694,126 £81,703,594 £106,758,473 £65,445,200
Current assets £268,798,727 £285,185,729 £94,699,548 £118,018,512 £75,779,758
28th February 2017 29th February 2016 28th February 2015 28th February 2014 28th February 2013
Solvency ratios
Current ratio 1.04 1.03 1.16 1.11 1.16
Efficiency ratios
Return on assets 0.02 0.01 0.03 0.03 0.05
Return on capital employed 0.18 0.17 0.18 0.27 0.35
Gearing ratios
Debt to equity ratio 135.46 144.74 82.89 108.01 66.75
Equity ratio 0.01 0.01 0.01 0.01 0.01
Debt ratio 0.00 0.00 0.01 0.01 0.02
Other ratios
Debtor days - - - - -
Interest cover 2.26 2.17 5.84 12.27 19.03

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