Is State Oil Limited in administration?
Last verified 11 July 2026
Yes, State Oil Limited (company number 04112423) entered administration on 7 July 2025.
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State Oil 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 | 04112423 |
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| Incorporated | 22 November 2000 (26 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) | 46711: Wholesale of petroleum and petroleum products (Retail) |
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| Date entered administration | 7 July 2025 |
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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
State Oil Limited is a retail business based in Birmingham, incorporated in 2000 and 25 years old when the administrator was appointed. Its registered activity is wholesale of petroleum and petroleum products (SIC 46711). There have been 11 director appointments since incorporation, of which 4 were on the board when the administrator was appointed, alongside 1 person with significant control. 19 charges have been registered against the company, 3 of which are still outstanding.
Directors
11 people have been appointed as directors of State Oil Limited.
DirectorStatusAppointedResigned
+5 former directors · resigned 2000 to 2020
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.
Prax Group Limited
corporate entity person with significant control
Ownership of shares 75-100%Voting rights 75-100%Right to appoint and remove directors
Since 24 May 2022
3 ceased controls
- Mrs Arani Soosaipillai · ceased 20 May 2022
- Mr Winston Sanjeev Kumar Soosaipillai · ceased 20 May 2022
- Prax Group Holdings Limited · ceased 24 May 2022
Charges register
Secured creditors and encumbrances against the company. 3 outstanding · 16 satisfied.
Status · Creditor · Type · Dates
OutstandingGlas Trust Corporation Limited, 55 Ludgate Hill, Level 1, West, London, England, EC4M 7JW as Security Agent for the Secured Parties
A registered charge · Created 23 Nov 2023 · Pending
OutstandingGlas Trust Corporation Limited
A registered charge · Created 4 Sep 2023 · Pending
SatisfiedHsbc Bank PLC
A registered charge · Created 30 Jan 2018 · Satisfied 1 Sep 2023
OutstandingNatixis
A registered charge · Created 21 Jan 2016 · Pending
SatisfiedBarclays Bank PLC (As Security Agent)
A registered charge · Created 18 Dec 2015 · Satisfied 28 Mar 2022
+13 earlier charges · 2001 to 2015
SatisfiedLloyds Bank PLC
A registered charge · Created 13 Aug 2015 · Satisfied 28 Mar 2022
SatisfiedBarclays Bank PLC (As Security Agent)
A registered charge · Created 26 Jun 2015 · Satisfied 28 Mar 2022
SatisfiedBarclays Bank PLC
A registered charge · Created 8 Aug 2014 · Satisfied 28 Mar 2022
SatisfiedLloyds Tsb Bank PLC
An omnibus guarantee and set-off agreement · Created 16 Mar 2010 · Satisfied 28 Mar 2022
SatisfiedEurofactor (UK) Limited
All asset debenture · Created 9 Sep 2008 · Satisfied 17 Sep 2014
SatisfiedEurofactor (UK) Limited (the Financier)
Debenture · Created 3 Jul 2008 · Satisfied 17 Sep 2014
SatisfiedHsbc Bank PLC
Legal mortgage · Created 21 Dec 2007 · Satisfied 1 Sep 2023
SatisfiedHsbc Bank PLC
Legal mortgage · Created 7 Nov 2007 · Satisfied 1 Sep 2023
SatisfiedHsbc Bank PLC
Legal charge · Created 2 Nov 2007 · Satisfied 1 Sep 2023
SatisfiedHsbc Bank PLC
Legal mortgage · Created 28 Oct 2005 · Satisfied 1 Sep 2023
SatisfiedHsbc Bank PLC
Legal mortgage · Created 26 May 2005 · Satisfied 1 Sep 2023
SatisfiedShell U.K. Limited
Legal charge · Created 18 Aug 2003 · Satisfied 18 Oct 2013
SatisfiedHsbc Bank PLC
Legal mortgage · Created 16 Oct 2001 · Satisfied 1 Jun 2005
SatisfiedHsbc Bank PLC
Debenture · Created 20 Mar 2001 · Satisfied 1 Sep 2023
What happened
EventDateType
Notice of extension of period of Administration24 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 +139 earlier events · 2000 to 2025
Appointment of an administrator7 July 2025AM01 Registered office address changed7 July 2025AD01 Group of companies' accounts made up19 November 2024AA Confirmation statement made with no updates19 November 2024CS01 Registration of charge , created4 December 2023MR01 Confirmation statement made with no updates23 November 2023CS01 Group of companies' accounts made up31 October 2023AA Registration of charge , created4 September 2023MR01 Satisfaction of charge in full1 September 2023MR04 Satisfaction of charge in full1 September 2023MR04 Satisfaction of charge in full1 September 2023MR04 Satisfaction of charge in full1 September 2023MR04 Satisfaction of charge in full1 September 2023MR04 Satisfaction of charge in full1 September 2023MR04 Satisfaction of charge in full1 September 2023MR04 Statement of company's objects16 August 2023CC04
Director's details changed10 July 2023CH01 Confirmation statement made with updates24 November 2022CS01 Group of companies' accounts made up19 October 2022AA Termination of appointment as a director27 July 2022TM01 Cessation as a person with significant control10 June 2022PSC07 Termination of appointment as a director7 June 2022TM01 Cessation as a person with significant control26 May 2022PSC07 Notification as a person with significant control26 May 2022PSC02 Cessation as a person with significant control25 May 2022PSC07 Memorandum and Articles of Association25 May 2022MA Cessation as a person with significant control24 May 2022PSC07 Notification as a person with significant control24 May 2022PSC02 Satisfaction of charge in full28 March 2022MR04 Satisfaction of charge in full28 March 2022MR04 Satisfaction of charge in full28 March 2022MR04 Satisfaction of charge in full28 March 2022MR04 Satisfaction of charge in full28 March 2022MR04 Appointment as a director7 January 2022AP01 Appointment as a director7 January 2022AP01 Appointment as a director11 November 2021AP01 Confirmation statement made with updates11 November 2021CS01 Group of companies' accounts made up2 October 2021AA Confirmation statement made with no updates23 November 2020CS01 Group of companies' accounts made up5 October 2020AA Registered office address changed23 July 2020AD01 Director's details changed22 July 2020CH01 Director's details changed14 July 2020CH01 Change of details as a person with significant control14 July 2020PSC04 Appointment as a secretary22 April 2020AP04 Termination of appointment as a secretary22 April 2020TM02 Confirmation statement made with updates18 November 2019CS01 Change of details as a person with significant control5 November 2019PSC04 Notification as a person with significant control4 November 2019PSC01 Group of companies' accounts made up25 October 2019AA Director's details changed11 March 2019CH01 Confirmation statement made with no updates23 November 2018CS01 Group of companies' accounts made up30 August 2018AA Registration of charge , created30 January 2018MR01 Confirmation statement made with no updates10 November 2017CS01 Director's details changed25 October 2017CH01 Group of companies' accounts made up22 August 2017AA Group of companies' accounts made up6 December 2016AA Confirmation statement made with updates2 December 2016CS01 Registration of charge , created2 February 2016MR01 Registration of charge , created22 December 2015MR01 Annual return made up with full list of shareholders21 December 2015AR01 Registration of charge , created18 August 2015MR01 Group of companies' accounts made up10 August 2015AA Termination of appointment as a director9 July 2015TM01 Registration of charge , created3 July 2015MR01 Annual return made up with full list of shareholders17 December 2014AR01 Satisfaction of charge in full17 September 2014MR04 Satisfaction of charge in full17 September 2014MR04 Registration of charge , created14 August 2014MR01 Group of companies' accounts made up12 August 2014AA Annual return made up with full list of shareholders16 December 2013AR01 Registered office address changed1 November 2013AD01 Satisfaction of charge in full18 October 2013MR04 Group of companies' accounts made up3 July 2013AA Annual return made up with full list of shareholders2 January 2013AR01 Group of companies' accounts made up25 September 2012AA Annual return made up with full list of shareholders20 January 2012AR01 Group of companies' accounts made up8 July 2011AA Secretary's details changed24 January 2011CH03 Director's details changed24 January 2011CH01 Annual return made up with full list of shareholders18 January 2011AR01 Legacy22 November 2010MG04 Group of companies' accounts made up16 July 2010AA Memorandum and Articles of Association16 April 2010MEM/ARTS
Director's details changed30 November 2009CH01 Director's details changed30 November 2009CH01 Annual return made up with full list of shareholders30 November 2009AR01 Appointment as a director25 November 2009AP01 Appointment as a director25 November 2009AP01 Group of companies' accounts made up16 November 2009AA Legacy12 December 2008363a Full accounts made up1 November 2008AA Legacy19 September 2008395 Legacy21 February 2008123 Full accounts made up13 February 2008AA Legacy7 February 2008363a Legacy30 January 2007363s Full accounts made up6 January 2007AA Full accounts made up4 April 2006AA Legacy25 November 2005363s Full accounts made up7 April 2005AA Legacy28 January 2005403b
Legacy18 November 2004363s Accounts for a small company made up21 January 2004AA Legacy11 December 2003363s Legacy20 February 2003363s Accounts for a small company made up23 September 2002AA Legacy31 January 2002363s Legacy26 February 2001287 Legacy21 December 2000287 Legacy21 December 2000288a Legacy18 December 2000288b Legacy18 December 2000288b Incorporation22 November 2000NEWINC What this means for you
If you are a creditor
Contact the administrator 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 retail companies in administration
Related guides
The bigger picture
Frequently asked questions
- Is State Oil Limited in administration?
- Yes. State Oil Limited (company number 04112423) entered administration on 7 July 2025.
- What does State Oil Limited do?
- State Oil Limited's registered nature of business is wholesale of petroleum and petroleum products (SIC 46711). It is classified in the retail sector.
- Where is State Oil Limited based?
- State Oil 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 State Oil Limited founded?
- State Oil Limited was incorporated on 22 November 2000, 25 years before the administrator was appointed.
- What is State Oil Limited's company number?
- State Oil Limited's registered company number is 04112423.
- Who has significant control of State Oil Limited?
- 1 active person with significant control over State Oil Limited is on the register: Prax Group Limited.
- Does State Oil Limited have any outstanding charges?
- 3 outstanding charges are registered against State Oil Limited out of 19 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
- Are jobs at State Oil 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 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 State Oil 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 State Oil Limited go into administration?
- State Oil Limited went into administration on 7 July 2025.
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