LAZARI PROPERTIES 1 LIMITED
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Cash
£11M
-54.3% vs 2024
Net assets
£232M
+22.1% vs 2024
Employees
—
Average over period
Profit before tax
£7.4M
+113% vs 2024
Net assets
2-year trend · vs Real Estate median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £50,929,194 | £58,183,793 | +14.2% | |
| Operating profit | -£18,513,967 | £51,980,648 | +380.8% | |
| Profit before tax | -£56,748,585 | £7,364,970 | +113% | |
| Net profit | -£57,801,434 | £6,637,170 | +111.5% | |
| Cash | £24,288,495 | £11,096,559 | -54.3% | |
| Total assets less current liabilities | £1,357,102,180 | £988,110,508 | -27.2% | |
| Net assets | £189,695,294 | £231,662,753 | +22.1% | |
| Equity | £189,695,294 | £231,662,753 | +22.1% | |
| Average employees | — | — | — | |
| Wages | — | — | — | |
| Directors' remuneration | £1,006,661 | £1,998,911 | +98.6% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | -36.4% | 89.3% | |
| Net margin | -113.5% | 11.4% | |
| Return on capital employed | -1.4% | 5.3% | |
| Current ratio | 0.87x | 0.04x | |
| Interest cover | -0.48x | 1.14x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Having taken into account the above, the directors are satisfied that the company will be able to meet its liabilities as they fall due for a period of at least one year from the date of approval of these financial statements. Accordingly, they have prepared the financial statements on a going concern basis.”
Significant events
- “On 16 July 2024, 1 Ordinary share of nominal value £1 was issued at a premium of £65,738,683. This issuance was in relation to the capitalisation of intercompany accounts.”
- “The Directors agreed to change the Lazari Investments Limited Groups' (along with its UK subsidiaries, including Lazari Properties 1 Limited) registered address on the 1/1/2025, following the sale of Accurist House, to 28 St George St, London, W1S 2FA.”
- “The Directors agreed to approach an existing lender to obtain consent to roll over 4 loans prior to maturity into a new advance of £77m which included a capital expenditure tranche of £30m and the provision of a parental company guarantee.”
- “Loans from Lazari Finance Limited, a related company by virtue of family member ties between the respective shareholders, amounting to £456,250,000 were due for repayment by 31 March 2026 and after the year end the repayment date has been extended, with senior lenders consent, to 31 December 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LAZARI, Nicholas | Secretary | 2016-02-01 | — | — |
| LAZARI, Andrie | Director | 2016-02-01 | Apr 1977 | British |
| LAZARI, Leonidas | Director | 2016-02-01 | Jan 1967 | British |
| LAZARI, Nicholas | Director | 2016-02-01 | Apr 1971 | British |
| SILVERMAN, David Gary | Director | 2022-09-19 | Oct 1969 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LAZARI, Maritsa | Director | 2016-02-01 | 2017-09-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Lazari Investments Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 90 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-03-30 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-15 | MR05 | mortgage | Mortgage charge whole cease and release with charge number | |
| 2026-04-15 | MR05 | mortgage | Mortgage charge whole cease and release with charge number | |
| 2026-03-30 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2026-03-30 | CAP-SS | insolvency | Legacy | |
| 2026-03-30 | SH20 | capital | Legacy | |
| 2026-03-30 | RESOLUTIONS | resolution | Resolution | |
| 2026-02-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-11-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-11-20 | AA | accounts | Accounts with accounts type full | |
| 2025-09-30 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-07-31 | CH01 | officers | Change person director company with change date | |
| 2025-07-31 | CH01 | officers | Change person director company with change date | |
| 2025-02-03 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-01-17 | CH01 | officers | Change person director company with change date | |
| 2025-01-17 | CH01 | officers | Change person director company with change date | |
| 2025-01-17 | CH01 | officers | Change person director company with change date | |
| 2025-01-17 | CH01 | officers | Change person director company with change date | |
| 2025-01-17 | CH03 | officers | Change person secretary company with change date | |
| 2025-01-17 | PSC05 | persons-with-significant-control | Change to a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 13
- Capital events
- 2
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.