
Company Number
11060925
Next Accounts
Dec 2025
Shareholders
lazari financial holdings limited
Group Structure
View All
Industry
Activities of mortgage finance companies
Registered Address
28 st. george street, london, W1S 2FA
Website
-Pomanda estimates the enterprise value of LAZARI FINANCE 2 LIMITED at £7.6m based on a Turnover of £2.2m and 3.44x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of LAZARI FINANCE 2 LIMITED at £35.1m based on an EBITDA of £2.2m and a 15.89x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of LAZARI FINANCE 2 LIMITED at £43.1m based on Net Assets of £12.1m and 3.56x industry multiple (adjusted for liquidity).
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Lazari Finance 2 Limited is a live company located in london, W1S 2FA with a Companies House number of 11060925. It operates in the activities of mortgage finance companies sector, SIC Code 64922. Founded in November 2017, it's largest shareholder is lazari financial holdings limited with a 100% stake. Lazari Finance 2 Limited is a young, small sized company, Pomanda has estimated its turnover at £2.2m with rapid growth in recent years.
Pomanda's financial health check has awarded Lazari Finance 2 Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
3 Weak
Size
annual sales of £2.2m, make it smaller than the average company (£6m)
£2.2m - Lazari Finance 2 Limited
£6m - Industry AVG
Growth
3 year (CAGR) sales growth of 90%, show it is growing at a faster rate (9.7%)
90% - Lazari Finance 2 Limited
9.7% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (28.8%)
100% - Lazari Finance 2 Limited
28.8% - Industry AVG
Profitability
an operating margin of 99.3% make it more profitable than the average company (14%)
99.3% - Lazari Finance 2 Limited
14% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (5)
4 - Lazari Finance 2 Limited
5 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Lazari Finance 2 Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £556k, this is more efficient (£226.2k)
£556k - Lazari Finance 2 Limited
£226.2k - Industry AVG
Debtor Days
it gets paid by customers after 23 days, this is later than average (19 days)
23 days - Lazari Finance 2 Limited
19 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Lazari Finance 2 Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Lazari Finance 2 Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (20 weeks)
0 weeks - Lazari Finance 2 Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 67.4%, this is a lower level of debt than the average (93.9%)
67.4% - Lazari Finance 2 Limited
93.9% - Industry AVG
Lazari Finance 2 Limited's latest turnover from March 2024 is £2.2 million and the company has net assets of £12.1 million. According to their latest financial statements, Lazari Finance 2 Limited has 4 employees and maintains cash reserves of £23.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
---|---|---|---|---|---|---|
Turnover | 2,223,932 | 849,152 | 414,433 | 323,364 | 355,761 | |
Other Income Or Grants | ||||||
Cost Of Sales | ||||||
Gross Profit | 2,223,932 | 849,152 | 414,433 | 323,364 | 355,761 | |
Admin Expenses | 15,878 | 14,308 | 13,130 | 175,017 | 17,062 | 12,330 |
Operating Profit | 2,208,054 | 834,844 | 401,303 | 148,347 | 338,699 | -12,330 |
Interest Payable | 1,667,209 | 269,763 | 1 | |||
Interest Receivable | 94,828 | 40,489 | 120 | |||
Pre-Tax Profit | 635,673 | 565,081 | 401,303 | 148,347 | 379,188 | -12,211 |
Tax | 141 | -107,365 | -47,152 | -37 | -52,659 | |
Profit After Tax | 635,814 | 457,716 | 354,151 | 148,310 | 326,529 | -12,211 |
Dividends Paid | ||||||
Retained Profit | 635,814 | 457,716 | 354,151 | 148,310 | 326,529 | -12,211 |
Employee Costs | ||||||
Number Of Employees | 4 | 1 | ||||
EBITDA* | 2,208,054 | 834,844 | 401,303 | 148,347 | 338,699 | -12,330 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
---|---|---|---|---|---|---|
Tangible Assets | ||||||
Intangible Assets | ||||||
Investments & Other | 400,102 | |||||
Debtors (Due After 1 year) | 3,631,068 | 6,603,613 | ||||
Total Fixed Assets | 3,631,068 | 400,102 | 6,603,613 | |||
Stock & work in progress | ||||||
Trade Debtors | 143,107 | |||||
Group Debtors | 29,286,042 | 25,000,000 | 29,243 | 72,000 | ||
Misc Debtors | 272,774 | 68,457 | 78,340 | 1 | ||
Cash | 23,571 | 4,020,309 | 372,831 | 10,144 | 31,643 | 44,132 |
misc current assets | 7,383,000 | 7,824,375 | 7,000,000 | 7,000,000 | 750,000 | |
total current assets | 37,108,494 | 36,844,684 | 7,441,288 | 7,088,484 | 60,886 | 866,133 |
total assets | 37,108,494 | 36,844,684 | 11,072,356 | 7,488,586 | 6,664,499 | 866,133 |
Bank overdraft | ||||||
Bank loan | ||||||
Trade Creditors | ||||||
Group/Directors Accounts | 25,000,000 | 25,000,000 | 794,281 | |||
other short term finances | ||||||
hp & lease commitments | ||||||
other current liabilities | 14,864 | 386,868 | 72,256 | 14,298 | 65,671 | 84,062 |
total current liabilities | 25,014,864 | 25,386,868 | 72,256 | 14,298 | 65,671 | 878,343 |
loans | ||||||
hp & lease commitments | ||||||
Accruals and Deferred Income | ||||||
other liabilities | ||||||
provisions | ||||||
total long term liabilities | ||||||
total liabilities | 25,014,864 | 25,386,868 | 72,256 | 14,298 | 65,671 | 878,343 |
net assets | 12,093,630 | 11,457,816 | 11,000,100 | 7,474,288 | 6,598,828 | -12,210 |
total shareholders funds | 12,093,630 | 11,457,816 | 11,000,100 | 7,474,288 | 6,598,828 | -12,210 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
---|---|---|---|---|---|---|
Operating Activities | ||||||
Operating Profit | 2,208,054 | 834,844 | 401,303 | 148,347 | 338,699 | -12,330 |
Depreciation | ||||||
Amortisation | ||||||
Tax | 141 | -107,365 | -47,152 | -37 | -52,659 | |
Stock | ||||||
Debtors | 4,701,923 | 21,300,475 | 3,621,185 | -6,554,516 | 6,560,855 | 72,001 |
Creditors | ||||||
Accruals and Deferred Income | -372,004 | 314,612 | 57,958 | -51,373 | -18,391 | 84,062 |
Deferred Taxes & Provisions | ||||||
Cash flow from operations | -2,865,732 | -20,258,384 | -3,209,076 | 6,651,453 | -6,293,206 | -269 |
Investing Activities | ||||||
capital expenditure | ||||||
Change in Investments | -400,102 | 400,102 | ||||
cash flow from investments | ||||||
Financing Activities | ||||||
Bank loans | ||||||
Group/Directors Accounts | 25,000,000 | -794,281 | 794,281 | |||
Other Short Term Loans | ||||||
Long term loans | ||||||
Hire Purchase and Lease Commitments | ||||||
other long term liabilities | ||||||
share issue | ||||||
interest | -1,572,381 | -269,763 | 40,489 | 119 | ||
cash flow from financing | -1,572,381 | 24,730,237 | 3,171,661 | 727,150 | 5,530,717 | 794,401 |
cash and cash equivalents | ||||||
cash | -3,996,738 | 3,647,478 | 362,687 | -21,499 | -12,489 | 44,132 |
overdraft | ||||||
change in cash | -3,996,738 | 3,647,478 | 362,687 | -21,499 | -12,489 | 44,132 |
Perform a competitor analysis for lazari finance 2 limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in W1S area or any other competitors across 12 key performance metrics.
LAZARI FINANCE 2 LIMITED group structure
Lazari Finance 2 Limited has no subsidiary companies.
Ultimate parent company
1 parent
LAZARI FINANCE 2 LIMITED
11060925
Lazari Finance 2 Limited currently has 4 directors. The longest serving directors include Mrs Maritsa Lazari (Nov 2017) and Ms Andrie Lazari (Feb 2023).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mrs Maritsa Lazari | England | 81 years | Nov 2017 | - | Director |
Ms Andrie Lazari | England | 48 years | Feb 2023 | - | Director |
Mr Nicholas Lazari | England | 54 years | Feb 2023 | - | Director |
Mr Leonidas Lazari | United Kingdom | 58 years | Feb 2023 | - | Director |
P&L
March 2024turnover
2.2m
+162%
operating profit
2.2m
+164%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
12.1m
+0.06%
total assets
37.1m
+0.01%
cash
23.6k
-0.99%
net assets
Total assets minus all liabilities
company number
11060925
Type
Private limited with Share Capital
industry
64922 - Activities of mortgage finance companies
incorporation date
November 2017
age
8
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
28 st. george street, london, W1S 2FA
Bank
-
Legal Advisor
-
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 lazari finance 2 limited.
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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