PRAX UPSTREAM LIMITED

Company number 05245689 ·

Active

Executive summary

Prax Upstream Limited presents a medium risk profile largely due to its recent transition from a publicly listed entity to a private subsidiary of the Prax Group, which has reduced financial transparency, alongside a recent mass resignation of legacy officers. While the company benefits from an established 20-year history, current statutory compliance, and the backing of a larger conglomerate, the absence of detailed financial data makes it difficult to assess underlying solvency in a capital-intensive sector. Further due diligence is required to clarify the new ownership structure, intercompany financial dependencies, and the strategic impact of the recent boardroom changes.

Read the full AI analysis →

Overview

Company type
Private Limited Company
Incorporated
2004-09-29
Registered office
4th Floor 72 Welbeck Street, London, Greater London, England, W1G 0AY
Postcode
W1G 0AY
Capital
1,959,552 GBP
Accounts category
Group
Charges
0 outstanding

Accounts

Last made up to
2025-02-28
Next due by
2026-11-21
Financial year end
31 December

Confirmation statement

Last statement dated
2025-09-29
Next due by
2026-10-13
View filing history →

Nature of business (SIC)

  • 6100 Extraction of crude petroleum
  • 6200 Extraction of natural gas

Officers 6 current · 44 resigned

Appointed 2025-12-11
Appointed 2025-12-11
Appointed 2025-12-11
Appointed 2025-12-11
AMBA SECRETARIES LIMITED Corporate Secretary
Appointed 2025-12-11

View all officers and resignations →

Group structure 8 subsidiaries

From persons-with-significant-control filings on the public register.

Modern slavery statement

Registered a modern slavery statement for 2026 (period to 2025-12-31) as part of the SERICA ENERGY PLC group statement.

Read the statement summary on the government modern slavery statement registry. Contains public sector information licensed under the Open Government Licence v3.0.

Contact details

Website
hurricaneenergy.com

The Prax Group is a leading oil refining, storage, distribution and sales conglomerate dealing in crude oil, petroleum products and bio-fuels.

Previous company names

NameDate changed
HURRICANE ENERGY LIMITED2023-06-23
HURRICANE ENERGY PLC2023-06-22
HURRICANE EXPLORATION PLC2013-04-17
HURRICANE EXPLORATION LIMITED2005-02-24
BLAKEDEW 531 LIMITED2004-12-22

Previous registered addresses 2

AddressChanged on
52 BEDFORD ROW, LONDON, WC1R 4LR2011-10-07
HARBOUR COURT, COMPASS ROAD, NORTH HARBOUR, PORTSMOUTH, HAMPSHIRE PO6 4ST2006-06-20

Among its peers

Among the oldest 25%

of 107 similar companies in W, trading since 2004

153 companies are registered at this postcode →

The class of 2004

37%

of the 135,816 companies incorporated in 2004 are still active today; 60% have since been dissolved.

A fact about the year, not a forecast for this company.

Property in England & Wales 2 titles

Leasehold
2
Most recent registration
2018-12-17
Where
Surrey (2)
Title numberCounty Tenure RegisteredPrice paid
SY858682 Surrey Leasehold 2018-12-17
SY858683 Surrey Leasehold 2018-12-17

For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).

Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.