Is Prax Treasury Limited in administration?
Last verified 11 July 2026
Yes, Prax Treasury Limited (company number 13167077) entered administration on 7 July 2025. Matthew Roe of Teneo Financial Advisory Limited was appointed as administrator.
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Prax Treasury Limited is now under the control of an administrator. Below are the key dates, the directors, the public-record timeline that led here, and what the administration means if you are a creditor, employee, customer or supplier.
Company at a glance
| Status | In Administration |
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| Company number | 13167077 |
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| Incorporated | 29 January 2021 (5 years old) |
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| Registered office | C/O Teneo Financial Advisory Limited The Colmore Building 20, Colmore Circus Queensway, Birmingham, B4 6AT |
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| Nature of business (SIC) | 70221: Financial management |
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| Date entered administration | 7 July 2025 |
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| Administrator | Matthew Roe, Teneo Financial Advisory Limited (licensed insolvency practitioner) |
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| Official notice | View the official notice ↗ |
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| Statement of Affairs | Filed 17 September 2025, declared assets & liabilities ↗ |
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| Public register | View filing history ↗ |
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About the business
Prax Treasury Limited is a UK limited company based in Birmingham, incorporated in 2021 and 4 years old when the administrator was appointed. Its registered activity is financial management (SIC 70221). There have been 3 director appointments since incorporation, of which 2 were on the board when the administrator was appointed, alongside 1 person with significant control. 1 charge has been registered against the company, 1 of which is still outstanding.
Directors
3 people have been appointed as directors of Prax Treasury Limited.
DirectorStatusAppointedResigned
A director resignation shortly before an insolvency is a matter of public record; it does not by itself imply wrongdoing.
Persons with significant control
Individuals or entities with significant influence or control.
State Oil Limited
corporate entity person with significant control
Ownership of shares 75-100%Voting rights 75-100%Right to appoint and remove directors
Charges register
Secured creditors and encumbrances against the company. 1 outstanding · 0 satisfied.
Status · Creditor · Type · Dates
OutstandingGlas Trust Corporation Limited
A registered charge · Created 4 Sep 2023 · Pending
What happened
EventDateType
Notice of extension of period of Administration25 June 2026AM19
Administrator's progress report4 February 2026AM10 Statement of affairs17 September 2025AM02 Result of meeting of creditors9 September 2025AM07
Statement of administrator's proposal19 August 2025AM03 +16 earlier events · 2021 to 2025
Appointment of an administrator7 July 2025AM01 Registered office address changed7 July 2025AD01 Confirmation statement made with no updates4 February 2025CS01 Full accounts made up12 November 2024AA Confirmation statement made with no updates29 January 2024CS01 Full accounts made up31 October 2023AA Registration of charge , created4 September 2023MR01 Legacy15 August 2023RPCH01
Memorandum and Articles of Association10 August 2023MA Director's details changed11 July 2023CH01 Confirmation statement made with no updates2 March 2023CS01 Full accounts made up9 November 2022AA Termination of appointment as a director7 June 2022TM01 Confirmation statement made with updates30 January 2022CS01 Current accounting period extended4 October 2021AA01 Incorporation29 January 2021NEWINC What this means for you
If you are a creditor
Contact the administrator (Teneo Financial Advisory Limited) to register your claim. You cannot start or continue legal action against the company without the court's or administrator's permission. Unsecured creditors are typically paid last.
A creditor's checklist →If you are an employee
Employees are preferential creditors for certain unpaid wages and holiday pay, and may be able to claim from the Redundancy Payments Service if roles are made redundant.
Employee rights and redundancy pay →If you are a customer
Orders, deposits and warranties may be affected. Deposits paid are usually unsecured claims. Contact the administrator about outstanding work or refunds.
What customers can recover →If you are a supplier
Goods supplied before the appointment are an unsecured claim. Check whether any retention-of-title clause applies to goods you can identify and recover.
How retention of title works →Don't be the last to know next time
Most suppliers only find out a customer has failed once it is announced. By then it is too late. Protect monitors every company you sell to and emails you as the warning signs build, well before it becomes official. We can't stop a customer failing, but you'll never be the last to know, and you'll know you did all you could.
See how Protect works, £24/mo →Other companies in administration
Related guides
The bigger picture
Frequently asked questions
- Is Prax Treasury Limited in administration?
- Yes. Prax Treasury Limited (company number 13167077) entered administration on 7 July 2025. Matthew Roe of Teneo Financial Advisory Limited was appointed as administrator.
- Who is the administrator of Prax Treasury Limited?
- Matthew Roe, a licensed insolvency practitioner at Teneo Financial Advisory Limited, was appointed administrator of Prax Treasury Limited on 7 July 2025. Creditors can contact the administrator directly to submit a claim.
- What does Prax Treasury Limited do?
- Prax Treasury Limited's registered nature of business is financial management (SIC 70221).
- Where is Prax Treasury Limited based?
- Prax Treasury Limited's registered office is C/O Teneo Financial Advisory Limited The Colmore Building 20, Colmore Circus Queensway, Birmingham, B4 6AT. The registered office is the address held on the public register, which is not always the trading address.
- When was Prax Treasury Limited founded?
- Prax Treasury Limited was incorporated on 29 January 2021, 4 years before the administrator was appointed.
- What is Prax Treasury Limited's company number?
- Prax Treasury Limited's registered company number is 13167077.
- Who has significant control of Prax Treasury Limited?
- 1 active person with significant control over Prax Treasury Limited is on the register: State Oil Limited.
- Does Prax Treasury Limited have any outstanding charges?
- an outstanding charge is registered against Prax Treasury Limited out of 1 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
- Are jobs at Prax Treasury Limited at risk?
- When a company enters administration the administrator decides whether to continue trading, sell the business as a going concern, or wind it down. Employees can contact the administrator (Teneo Financial Advisory Limited) for any update on their role, and may be able to claim from the Redundancy Payments Service if their job is made redundant.
- What does administration mean for creditors of Prax Treasury Limited?
- Administration is a formal insolvency process that gives a company protection from creditors while an administrator tries to rescue it or achieve a better result than liquidation. Creditors cannot start or continue legal action without permission. Unsecured creditors are usually paid last, often only a portion of what they are owed, if anything.
- When did Prax Treasury Limited go into administration?
- Prax Treasury Limited went into administration on 7 July 2025.
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