State Oil

Founded in 2000 by husband and wife Sanjeev and Arani Soosaipillai, State Oil imports fuel from European refineries which it blends before selling under the Prax Petroleum brand. Clients for this firm, based in Weybridge, Surrey, include Royal Mail, Stagecoach and National Express. After our research closed, the firm reported sales had risen to £540.6m.

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Company details
Year2012
Rank47
CompanyState Oil
ActivityFuel wholesaler
LocationWeybridge
Sales £m540.6
Operating profit £m5.8
Main shareholdersSanjeev Soosaipillai (50%), Arani Soosaipillai (50%)
Staffn/a
Founded2000
Websitewww.stateoil.co.uk

If applicable:

* supplied by Company   † annualised figure   ‡  profit = ebitda