3 brooks parade green lane, essex, ilford, IG3 9RT
Website
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lazat catering ltdEstimated Valuation
£22.2k
Pomanda estimates the enterprise value of LAZAT CATERING LTD at £22.2k based on a Turnover of £38k and 0.58x industry multiple (adjusted for size and gross margin).
lazat catering ltdEstimated Valuation
£60.8k
Pomanda estimates the enterprise value of LAZAT CATERING LTD at £60.8k based on an EBITDA of £15.3k and a 3.98x industry multiple (adjusted for size and gross margin).
lazat catering ltdEstimated Valuation
£94.3k
Pomanda estimates the enterprise value of LAZAT CATERING LTD at £94.3k based on Net Assets of £35.9k and 2.63x industry multiple (adjusted for liquidity).
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Lazat Catering LtdOverview
Lazat Catering Ltd is a live company located in essex, ilford, IG3 9RT with a Companies House number of 10947273. It operates in the unlicenced restaurants and cafes sector, SIC Code 56102. Founded in September 2017, it's largest shareholder is
mohammad nabi akhtarzai
with a 50% stake. Lazat Catering Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£38k with
declining
growth in recent years.
Pomanda's financial health check has awarded Lazat Catering Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
1 Regular
6 Weak
Size
annual sales of £38k, make it smaller than the average company (£314.2k)
£38k - Lazat Catering Ltd
£314.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -26%, show it is growing at a slower rate (21.8%)
-26% - Lazat Catering Ltd
21.8% - Industry AVG
Production
with a gross margin of 37.6%, this company has a higher cost of product (62.7%)
37.6% - Lazat Catering Ltd
62.7% - Industry AVG
Profitability
an operating margin of 40.2% make it more profitable than the average company (1.9%)
40.2% - Lazat Catering Ltd
1.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (13)
2 - Lazat Catering Ltd
13 - Industry AVG
Pay Structure
on an average salary of £12k, the company has an equivalent pay structure (£12k)
£12k - Lazat Catering Ltd
£12k - Industry AVG
Efficiency
resulting in sales per employee of £19k, this is less efficient (£38.7k)
£19k - Lazat Catering Ltd
£38.7k - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is later than average (6 days)
11 days - Lazat Catering Ltd
6 days - Industry AVG
Creditor Days
its suppliers are paid after 54 days, this is slower than average (35 days)
54 days - Lazat Catering Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Lazat Catering Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Lazat Catering Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 28.9%, this is a lower level of debt than the average (79.6%)
28.9% - Lazat Catering Ltd
79.6% - Industry AVG
LAZAT CATERING LTD financials
EXPORT
Lazat Catering Ltd's latest turnover from June 2024 is estimated at £38 thousand and the company has net assets of £35.9 thousand. According to their latest financial statements, Lazat Catering Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Sep 2020
Sep 2019
Sep 2018
Turnover
37,974
50,577
43,294
94,588
125,124
75,114
66,787
Other Income Or Grants
Cost Of Sales
23,695
31,482
24,658
59,556
75,242
43,859
39,781
Gross Profit
14,280
19,094
18,636
35,032
49,882
31,255
27,006
Admin Expenses
-988
14,109
16,051
25,318
41,463
27,423
26,028
Operating Profit
15,268
4,985
2,585
9,714
8,419
3,832
978
Interest Payable
Interest Receivable
Pre-Tax Profit
15,268
4,985
2,585
9,714
8,419
3,832
978
Tax
-3,817
-1,246
-491
-1,846
-1,600
-728
-186
Profit After Tax
11,451
3,739
2,094
7,868
6,819
3,104
792
Dividends Paid
Retained Profit
11,451
3,739
2,094
7,868
6,819
3,104
792
Employee Costs
24,023
22,925
22,729
33,280
33,709
32,031
20,929
Number Of Employees
2
2
2
3
3
3
2
EBITDA*
15,268
4,985
2,585
9,714
8,419
3,832
978
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Sep 2020
Sep 2019
Sep 2018
Tangible Assets
49,300
38,250
42,500
21,500
21,500
12,500
12,500
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
49,300
38,250
42,500
21,500
21,500
12,500
12,500
Stock & work in progress
Trade Debtors
1,152
3,658
1,679
32,911
24,351
5,663
4,292
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
1,152
3,658
1,679
32,911
24,351
5,663
4,292
total assets
50,452
41,908
44,179
54,411
45,851
18,163
16,792
Bank overdraft
Bank loan
Trade Creditors
3,524
10,511
15,741
22,333
20,936
67
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
3,524
10,511
15,741
22,333
20,936
67
loans
hp & lease commitments
Accruals and Deferred Income
1,200
1,230
2,200
2,200
1,200
1,200
1,000
other liabilities
9,861
5,751
5,561
11,295
13,000
13,000
15,000
provisions
total long term liabilities
11,061
6,981
7,761
13,495
14,200
14,200
16,000
total liabilities
14,585
17,492
23,502
35,828
35,136
14,267
16,000
net assets
35,867
24,416
20,677
18,583
10,715
3,896
792
total shareholders funds
35,867
24,416
20,677
18,583
10,715
3,896
792
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Sep 2020
Sep 2019
Sep 2018
Operating Activities
Operating Profit
15,268
4,985
2,585
9,714
8,419
3,832
978
Depreciation
Amortisation
Tax
-3,817
-1,246
-491
-1,846
-1,600
-728
-186
Stock
Debtors
-2,506
1,979
-31,232
8,560
18,688
1,371
4,292
Creditors
-6,987
-5,230
-6,592
1,397
20,869
67
Accruals and Deferred Income
-30
-970
1,000
200
1,000
Deferred Taxes & Provisions
Cash flow from operations
6,940
-4,440
26,734
1,705
9,000
2,000
-2,500
Investing Activities
capital expenditure
-11,050
4,250
-21,000
-9,000
-12,500
Change in Investments
cash flow from investments
-11,050
4,250
-21,000
-9,000
-12,500
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
4,110
190
-5,734
-1,705
-2,000
15,000
share issue
interest
cash flow from financing
4,110
190
-5,734
-1,705
-2,000
15,000
cash and cash equivalents
cash
overdraft
change in cash
lazat catering ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for lazat catering ltd. Get real-time insights into lazat catering ltd's credit score, group structure and payment trends.
Perform a competitor analysis for lazat catering ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in IG3 area or any other competitors across 12 key performance metrics.
lazat catering ltd Ownership
LAZAT CATERING LTD group structure
Lazat Catering Ltd has no subsidiary companies.
Ultimate parent company
LAZAT CATERING LTD
10947273
LAZAT CATERING LTD Shareholders
The largest shareholders in Lazat Catering Ltd include Mohammad Nabi Akhtarzai and Ashraf Mahmood.
mohammad nabi akhtarzai
50%
ashraf mahmood
50%
lazat catering ltd directors
Lazat Catering Ltd currently has 1 director, Mr Mohammed Akhtarzai serving since Sep 2017.
3 brooks parade green lane, essex, ilford, IG3 9RT
Bank
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Legal Advisor
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lazat catering ltd 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 did not find charges/mortgages relating to lazat catering ltd.
lazat catering ltd 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.
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lazat catering ltdCompanies House Filings - See Documents
