Laz Ltd

Laz Ltd is a small, active company based in London, UK, established nineteen years ago in March 2006. With fourteen employees and £302,877 in assets, it operates from a real address at 26 Parkway, NW1 7AH. The company is led by two directors, Devrim Numan and Devrim Tijen, and owned by Devrim Numan. Laz Ltd is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with just two months of import activity recorded, the last being March 1, 2017. The company also operates in the licensed restaurants industries.

The company’s website, Lazard, is a global financial services firm with a long history, founded in 1848. It offers a wide range of services, including financial advisory, asset management, and investment solutions. The website highlights the firm’s expertise in areas like automotive, healthcare, and technology, and features news, research, and transaction updates. It’s clear the website isn’s directly related to Laz Ltd’s core business of importing furniture and operating restaurants, but rather represents a larger, international financial institution.

Financially, Laz Ltd shows some concerning trends. Accumulated depreciation has increased by 14%, indicating a decline in the value of its property, plant, and equipment. Bank borrowings have decreased significantly by 30%, which could be a positive sign of reduced debt, but cash reserves have increased by 20%, suggesting a need for investment. Creditors have remained relatively stable, but current assets have fallen by 2.4%, which could be a cause for concern. Equity has increased dramatically by 360%, which is a positive sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain agile, but the fluctuating financials warrant closer scrutiny. There's no mention of an auditor, likely due to its status as a small company.

Registered in England/Wales under the registration number 05736592, with a registered address at NW1 7AH, England, London, 26 Parkway.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.