lazari finance 2 limited

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lazari finance 2 limited Company Information

Share LAZARI FINANCE 2 LIMITED

Company Number

11060925

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

-

lazari finance 2 limited Estimated Valuation

£7.6m

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).

lazari finance 2 limited Estimated Valuation

£35.1m

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).

lazari finance 2 limited Estimated Valuation

£43.1m

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 Overview

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.

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Lazari Finance 2 Limited Health Check

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

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

3 Weak

size

Size

annual sales of £2.2m, make it smaller than the average company (£6m)

£2.2m - Lazari Finance 2 Limited

£6m - Industry AVG

growth

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

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

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

Employees

with 4 employees, this is similar to the industry average (5)

4 - Lazari Finance 2 Limited

5 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Lazari Finance 2 Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £556k, this is more efficient (£226.2k)

£556k - Lazari Finance 2 Limited

£226.2k - Industry AVG

debtordays

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

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Lazari Finance 2 Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Lazari Finance 2 Limited

- - Industry AVG

cashbalance

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

debtlevel

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 financials

EXPORTms excel logo

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 HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Turnover2,223,932849,152414,433323,364355,761
Other Income Or Grants
Cost Of Sales
Gross Profit2,223,932849,152414,433323,364355,761
Admin Expenses15,87814,30813,130175,01717,06212,330
Operating Profit2,208,054834,844401,303148,347338,699-12,330
Interest Payable1,667,209269,7631
Interest Receivable94,82840,489120
Pre-Tax Profit635,673565,081401,303148,347379,188-12,211
Tax141-107,365-47,152-37-52,659
Profit After Tax635,814457,716354,151148,310326,529-12,211
Dividends Paid
Retained Profit635,814457,716354,151148,310326,529-12,211
Employee Costs
Number Of Employees463131
EBITDA*2,208,054834,844401,303148,347338,699-12,330

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Tangible Assets
Intangible Assets
Investments & Other400,102
Debtors (Due After 1 year)3,631,0686,603,613
Total Fixed Assets3,631,068400,1026,603,613
Stock & work in progress
Trade Debtors143,107
Group Debtors29,286,04225,000,00029,24372,000
Misc Debtors272,77468,45778,3401
Cash23,5714,020,309372,83110,14431,64344,132
misc current assets7,383,0007,824,3757,000,0007,000,000750,000
total current assets37,108,49436,844,6847,441,2887,088,48460,886866,133
total assets37,108,49436,844,68411,072,3567,488,5866,664,499866,133
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts25,000,00025,000,000794,281
other short term finances
hp & lease commitments
other current liabilities14,864386,86872,25614,29865,67184,062
total current liabilities25,014,86425,386,86872,25614,29865,671878,343
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities25,014,86425,386,86872,25614,29865,671878,343
net assets12,093,63011,457,81611,000,1007,474,2886,598,828-12,210
total shareholders funds12,093,63011,457,81611,000,1007,474,2886,598,828-12,210
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Operating Activities
Operating Profit2,208,054834,844401,303148,347338,699-12,330
Depreciation
Amortisation
Tax141-107,365-47,152-37-52,659
Stock
Debtors4,701,92321,300,4753,621,185-6,554,5166,560,85572,001
Creditors
Accruals and Deferred Income-372,004314,61257,958-51,373-18,39184,062
Deferred Taxes & Provisions
Cash flow from operations-2,865,732-20,258,384-3,209,0766,651,453-6,293,206-269
Investing Activities
capital expenditure
Change in Investments-400,102400,102
cash flow from investments400,102-400,102
Financing Activities
Bank loans
Group/Directors Accounts25,000,000-794,281794,281
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue3,171,661727,1506,284,5091
interest-1,572,381-269,76340,489119
cash flow from financing-1,572,38124,730,2373,171,661727,1505,530,717794,401
cash and cash equivalents
cash-3,996,7383,647,478362,687-21,499-12,48944,132
overdraft
change in cash-3,996,7383,647,478362,687-21,499-12,48944,132

lazari finance 2 limited 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 lazari finance 2 limited. Get real-time insights into lazari finance 2 limited's credit score, group structure and payment trends.

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Lazari Finance 2 Limited Competitor Analysis

competitor_analysis_table_img

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 Ownership

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 Shareholders

lazari financial holdings limited 100%

lazari finance 2 limited directors

Lazari Finance 2 Limited currently has 4 directors. The longest serving directors include Mrs Maritsa Lazari (Nov 2017) and Ms Andrie Lazari (Feb 2023).

officercountryagestartendrole
Mrs Maritsa LazariEngland81 years Nov 2017- Director
Ms Andrie LazariEngland48 years Feb 2023- Director
Mr Nicholas LazariEngland54 years Feb 2023- Director
Mr Leonidas LazariUnited Kingdom58 years Feb 2023- Director

P&L

March 2024

turnover

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 2024

net assets

12.1m

+0.06%

total assets

37.1m

+0.01%

cash

23.6k

-0.99%

net assets

Total assets minus all liabilities

lazari finance 2 limited company details

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

-

lazari finance 2 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 did not find charges/mortgages relating to lazari finance 2 limited.

lazari finance 2 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 FINANCE 2 LIMITED. This can take several minutes, an email will notify you when this has completed.

lazari finance 2 limited Companies House Filings - See Documents

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