lazari properties 3 limited
lazari properties 3 limited Company Information
Company Number
09980665
Next Accounts
Dec 2025
Shareholders
lazari investments limited
Group Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
28 st. george street, london, W1S 2FA
Website
www.lazari.co.uklazari properties 3 limited Estimated Valuation
Pomanda estimates the enterprise value of LAZARI PROPERTIES 3 LIMITED at £165.1m based on a Turnover of £26.4m and 6.26x industry multiple (adjusted for size and gross margin).
lazari properties 3 limited Estimated Valuation
Pomanda estimates the enterprise value of LAZARI PROPERTIES 3 LIMITED at £0 based on an EBITDA of £-17.4m and a 12.24x industry multiple (adjusted for size and gross margin).
lazari properties 3 limited Estimated Valuation
Pomanda estimates the enterprise value of LAZARI PROPERTIES 3 LIMITED at £113.8m based on Net Assets of £65.2m and 1.75x industry multiple (adjusted for liquidity).
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Lazari Properties 3 Limited Overview
Lazari Properties 3 Limited is a live company located in london, W1S 2FA with a Companies House number of 09980665. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in February 2016, it's largest shareholder is lazari investments limited with a 100% stake. Lazari Properties 3 Limited is a young, large sized company, Pomanda has estimated its turnover at £26.4m with healthy growth in recent years.
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Lazari Properties 3 Limited Health Check
Pomanda's financial health check has awarded Lazari Properties 3 Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
3 Weak
Size
annual sales of £26.4m, make it larger than the average company (£924.2k)
£26.4m - Lazari Properties 3 Limited
£924.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (4.9%)
5% - Lazari Properties 3 Limited
4.9% - Industry AVG
Production
with a gross margin of 94.9%, this company has a lower cost of product (75.4%)
94.9% - Lazari Properties 3 Limited
75.4% - Industry AVG
Profitability
an operating margin of -65.9% make it less profitable than the average company (29.6%)
-65.9% - Lazari Properties 3 Limited
29.6% - Industry AVG
Employees
with 149 employees, this is above the industry average (4)
- Lazari Properties 3 Limited
4 - Industry AVG
Pay Structure
on an average salary of £7.3k, the company has a lower pay structure (£32.3k)
- Lazari Properties 3 Limited
£32.3k - Industry AVG
Efficiency
resulting in sales per employee of £177k, this is equally as efficient (£177.3k)
- Lazari Properties 3 Limited
£177.3k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (30 days)
6 days - Lazari Properties 3 Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (38 days)
2 days - Lazari Properties 3 Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Lazari Properties 3 Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 150 weeks, this is more cash available to meet short term requirements (12 weeks)
150 weeks - Lazari Properties 3 Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 90.3%, this is a higher level of debt than the average (64%)
90.3% - Lazari Properties 3 Limited
64% - Industry AVG
LAZARI PROPERTIES 3 LIMITED financials
Lazari Properties 3 Limited's latest turnover from March 2024 is £26.4 million and the company has net assets of £65.2 million. According to their latest financial statements, we estimate that Lazari Properties 3 Limited has 149 employees and maintains cash reserves of £41.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 26,367,782 | 26,483,206 | 23,625,935 | 23,015,912 | 28,298,245 | 23,401,734 | 17,849,788 | 4,959,767 |
| Other Income Or Grants | ||||||||
| Cost Of Sales | 1,347,455 | 2,350,879 | 2,586,240 | 2,233,922 | 1,230,726 | 767,027 | 398,043 | 316,076 |
| Gross Profit | 25,020,327 | 24,132,327 | 21,039,695 | 20,781,990 | 27,067,519 | 22,634,707 | 17,451,745 | 4,643,691 |
| Admin Expenses | 42,400,207 | 69,964,330 | -14,875,517 | -5,277,806 | -16,189,062 | -28,674,628 | -34,297,872 | 19,901,809 |
| Operating Profit | -17,379,880 | -45,832,003 | 35,915,212 | 26,059,796 | 43,256,581 | 51,309,335 | 51,749,617 | -15,258,118 |
| Interest Payable | 15,762,423 | 11,597,569 | 11,827,755 | 12,459,211 | 14,052,050 | 12,397,908 | 12,493,947 | 2,658,975 |
| Interest Receivable | 335,014 | 20,220 | 6,589 | 5,948 | 17,876 | |||
| Pre-Tax Profit | -32,807,289 | -57,429,572 | 24,087,457 | 13,620,805 | 27,599,249 | 37,139,046 | 44,491,052 | -23,323,825 |
| Tax | 9,280,149 | 3,990,198 | -4,086,598 | 1,504,063 | -6,075,462 | -6,526,420 | -5,352,448 | 4,760,915 |
| Profit After Tax | -23,527,140 | -53,439,374 | 20,000,859 | 15,124,868 | 21,523,787 | 30,612,626 | 39,138,604 | -18,562,910 |
| Dividends Paid | 108,420,375 | 49,574,954 | 51,853 | 36,709,749 | 16,707,560 | |||
| Retained Profit | -131,947,515 | -103,014,328 | 19,949,006 | -21,584,881 | 21,523,787 | 13,905,066 | 39,138,604 | -18,562,910 |
| Employee Costs | 1,090,074 | 1,112,749 | 1,022,468 | 1,439,802 | 1,183,037 | 700,505 | ||
| Number Of Employees | ||||||||
| EBITDA* | -17,379,880 | -45,832,003 | 35,915,212 | 26,059,796 | 43,256,581 | 51,309,335 | 51,749,617 | -15,258,118 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | ||||||||
| Intangible Assets | ||||||||
| Investments & Other | 624,600,001 | 724,150,001 | 786,400,001 | 751,300,001 | 718,064,515 | 627,169,930 | 586,200,000 | 542,500,000 |
| Debtors (Due After 1 year) | 1,794,307 | 11,628,273 | 10,166,416 | |||||
| Total Fixed Assets | 626,394,308 | 724,150,001 | 786,400,001 | 762,928,274 | 728,230,931 | 627,169,930 | 586,200,000 | 542,500,000 |
| Stock & work in progress | ||||||||
| Trade Debtors | 498,769 | 2,322,187 | 2,039,612 | 257,899 | 4,971,585 | 728,743 | 3,646,865 | 2,670,677 |
| Group Debtors | 7,862 | 15,930,358 | ||||||
| Misc Debtors | 696,046 | 951,600 | 891,739 | 2,258,147 | 1,316,499 | 14,237,962 | 3,135,191 | 8,624,284 |
| Cash | 41,928,942 | 6,569,136 | 4,816,172 | 5,144,356 | 1,589,956 | 3,563,426 | 4,994,415 | 11,989,218 |
| misc current assets | ||||||||
| total current assets | 43,123,757 | 9,842,923 | 7,747,523 | 7,660,402 | 7,885,902 | 18,530,131 | 27,706,829 | 23,284,179 |
| total assets | 669,518,065 | 733,992,924 | 794,147,524 | 770,588,676 | 736,116,833 | 645,700,061 | 613,906,829 | 565,784,179 |
| Bank overdraft | 6,000,000 | 6,000,000 | 6,000,000 | |||||
| Bank loan | 6,000,000 | 6,000,000 | 6,000,000 | 6,134,810 | 6,000,000 | |||
| Trade Creditors | 9,474 | 338,311 | 59,953 | 17,870 | 143,767 | |||
| Group/Directors Accounts | 5 | 15,014,631 | 14,999,188 | 22,778,751 | 12,542,370 | |||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 8,512,114 | 9,957,198 | 8,431,360 | 6,444,234 | 7,618,453 | 8,712,968 | 8,258,019 | 6,816,730 |
| total current liabilities | 14,521,588 | 16,295,509 | 14,491,313 | 12,462,109 | 28,776,851 | 29,712,156 | 37,171,580 | 25,359,100 |
| loans | 584,952,556 | 508,860,039 | 465,031,092 | 470,038,547 | 410,964,379 | 373,244,524 | 366,897,765 | 372,342,507 |
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | 4,862,505 | 4,723,062 | 4,709,661 | 4,852,982 | 4,877,568 | 4,224,339 | 3,301,789 | 685,481 |
| provisions | 6,985,383 | 10,930,960 | 7,411,663 | 9,104,405 | 4,617,234 | |||
| total long term liabilities | 589,815,061 | 520,568,484 | 480,671,713 | 482,303,192 | 424,946,352 | 382,086,097 | 370,199,554 | 373,027,988 |
| total liabilities | 604,336,649 | 536,863,993 | 495,163,026 | 494,765,301 | 453,723,203 | 411,798,253 | 407,371,134 | 398,387,088 |
| net assets | 65,181,416 | 197,128,931 | 298,984,498 | 275,823,375 | 282,393,630 | 233,901,808 | 206,535,695 | 167,397,091 |
| total shareholders funds | 65,181,416 | 197,128,931 | 298,984,498 | 275,823,375 | 282,393,630 | 233,901,808 | 206,535,695 | 167,397,091 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | -17,379,880 | -45,832,003 | 35,915,212 | 26,059,796 | 43,256,581 | 51,309,335 | 51,749,617 | -15,258,118 |
| Depreciation | ||||||||
| Amortisation | ||||||||
| Tax | 9,280,149 | 3,990,198 | -4,086,598 | 1,504,063 | -6,075,462 | -6,526,420 | -5,352,448 | 4,760,915 |
| Stock | ||||||||
| Debtors | -284,665 | 342,436 | -11,212,968 | -2,318,043 | 1,495,657 | -7,745,709 | 11,417,453 | 11,294,961 |
| Creditors | -328,837 | 278,358 | 42,083 | -125,897 | 143,767 | |||
| Accruals and Deferred Income | -1,445,084 | 1,525,838 | 1,987,126 | -1,174,219 | -1,094,515 | 454,949 | 1,441,289 | 6,816,730 |
| Deferred Taxes & Provisions | -6,985,383 | -3,945,577 | 3,519,297 | -1,692,742 | 4,487,171 | 4,617,234 | ||
| Cash flow from operations | -16,574,370 | -44,325,622 | 48,590,088 | 26,889,044 | 39,221,885 | 57,600,807 | 36,421,005 | -14,975,434 |
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | -99,550,000 | -62,250,000 | 35,100,000 | 33,235,486 | 90,894,585 | 40,969,930 | 43,700,000 | 542,500,000 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | -6,000,000 | -134,810 | 134,810 | 6,000,000 | ||||
| Group/Directors Accounts | -5 | -15,014,626 | 15,443 | -7,779,563 | 10,236,381 | 12,542,370 | ||
| Other Short Term Loans | ||||||||
| Long term loans | 76,092,517 | 43,828,947 | -5,007,455 | 59,074,168 | 37,719,855 | 6,346,759 | -5,444,742 | 372,342,507 |
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | 139,443 | 13,401 | -143,321 | -24,586 | 653,229 | 922,550 | 2,616,308 | 685,481 |
| share issue | ||||||||
| interest | -15,427,409 | -11,597,569 | -11,827,755 | -12,438,991 | -14,045,461 | -12,391,960 | -12,476,071 | -2,658,975 |
| cash flow from financing | 60,804,551 | 33,403,540 | -19,766,419 | 46,610,591 | 51,311,101 | 424,023 | -4,933,314 | 574,871,384 |
| cash and cash equivalents | ||||||||
| cash | 35,359,806 | 1,752,964 | -328,184 | 3,554,400 | -1,973,470 | -1,430,989 | -6,994,803 | 11,989,218 |
| overdraft | 6,000,000 | |||||||
| change in cash | 35,359,806 | 1,752,964 | -6,328,184 | 3,554,400 | -1,973,470 | -1,430,989 | -6,994,803 | 11,989,218 |
lazari properties 3 limited Credit Report and Business Information
Lazari Properties 3 Limited Competitor Analysis
Perform a competitor analysis for lazari properties 3 limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other large companies, companies in W1S area or any other competitors across 12 key performance metrics.
lazari properties 3 limited Ownership
LAZARI PROPERTIES 3 LIMITED group structure
Lazari Properties 3 Limited has no subsidiary companies.
Ultimate parent company
1 parent
LAZARI PROPERTIES 3 LIMITED
09980665
lazari properties 3 limited directors
Lazari Properties 3 Limited currently has 4 directors. The longest serving directors include Ms Andrie Lazari (Feb 2016) and Mr Nicholas Lazari (Feb 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Andrie Lazari | England | 47 years | Feb 2016 | - | Director |
| Mr Nicholas Lazari | United Kingdom | 53 years | Feb 2016 | - | Director |
| Mr Leonidas Lazari | United Kingdom | 58 years | Feb 2016 | - | Director |
| Mr David Silverman | United Kingdom | 55 years | Sep 2022 | - | Director |
P&L
March 2024turnover
26.4m
0%
operating profit
-17.4m
-62%
gross margin
94.9%
+4.13%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
65.2m
-0.67%
total assets
669.5m
-0.09%
cash
41.9m
+5.38%
net assets
Total assets minus all liabilities
lazari properties 3 limited company details
company number
09980665
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
February 2016
age
9
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
28 st. george street, london, W1S 2FA
Bank
-
Legal Advisor
-
lazari properties 3 limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 5 charges/mortgages relating to lazari properties 3 limited. Currently there are 3 open charges and 2 have been satisfied in the past.
lazari properties 3 limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for LAZARI PROPERTIES 3 LIMITED. This can take several minutes, an email will notify you when this has completed.
lazari properties 3 limited Companies House Filings - See Documents
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