LAZARI PROPERTIES 1 LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

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.

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

Filings

13

last 12 months

Capital events

2

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +14.2%

  £50,929,194 → £58,183,793

• Cash

  -54.3%

  £24,288,495 → £11,096,559

• Net assets

  +22.1%

  £189,695,294 → £231,662,753

• Employees

  —

  Not reported

• Operating profit

  +380.8%

  -£18,513,967 → £51,980,648

• Profit before tax

  +113%

  -£56,748,585 → £7,364,970

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers