Lazard & Co., Limited

Financial intermediation not elsewhere classified · London

ActiveUnited KingdomIncorporated 1919Private Limited Company

Financial position

Accounts to 2025-12-31 · GBP · Company accounts

Net assets

—

Cash

—

Turnover

£212,788,000

Profit / loss

£1,432,000

Current assets

—

Creditors < 1 year

—

Equity

—

Average employees

Not available

Balance-sheet trend

GBP · company

Financial statements

Selected figures from the best-ranked available filing for each period. Missing values remain unknown.

2 periods

Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts

Reported figures	2025-12-3112 months · Company · AI-read	2024-12-31Company · AI-read
Assets
Debtors	£84,918,000	£98,651,000
Profit & loss
Turnover	£212,788,000	£195,521,000
Administrative expenses	£224,566,000	£245,494,000
Other operating income	£2,467,000	£8,992,000
Operating profit	−£9,311,000	−£40,981,000
Interest receivable	£1,513,000	£2,153,000
Interest payable	£154,000	£418,000
Profit before tax	£59,000	−£37,611,000
Tax	−£1,373,000	−£9,010,000
Profit / loss	£1,432,000	−£28,601,000
Operating costs
Depreciation	£2,374,000	£1,446,000
Operating lease charges	£9,624,000	£9,218,000
Audit fees	£282,000	£286,000
Source evidence	View filing	View filing

From the accounts

What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.

Principal activity: The Company's primary activity is the provision of financial and strategic advisory services.
What it does: financial advisory services · strategic advisory services · mergers and acquisitions · restructuring · capital markets · equity fundraising · private capital raising · investor relations (AI keywords)
The year: The Company's revenues increased by 9% from the previous year to £212,788,000 (2024: £195,521,000). Operating expenses decreased to £224,566,000 (2024: £245,494,000), mainly due to a £10,666,000 reduction in compensation expense recharges from Lazard & Co., Services Limited.
Outlook: There is no anticipated change in the Company's principal activity in the foreseeable future. The directors expect the Company to continue to make progress in its core areas of business.
Auditor: Deloitte LLP · senior statutory auditor Yasir Aziz
Audit opinion: Clean (unmodified)
Immediate parent: Lazard & Co., Holdings Limited · England and Wales
Ultimate parent: Lazard, Inc. · Delaware
Ultimate controlling party: Lazard, Inc.
Accounts: FRS 102

Subsidiaries (1)

Lazard Italy Limited · 58.4% · 20 Manchester Square, London, W1U 3PZ · holding company of Lazard S.R.L., incorporated in Italy, being the company through which the Lazard Group's Italian operations are conducted

Related parties (3)

Lazard Group LLC · group undertaking · Intercompany loans · 9,560 (000s)
Lazard Group LLC · group undertaking · Accrued interest · 22 (000s)
Lazard Group LLC · group undertaking · Accrued interest · 1,194 (000s)

Directors' report (5)

C Kapadia
C R Foster
S Worth
T D W Springhall
D G L Prior

Share classes (2)

27,803,222 Ordinary of £1
5,000,000 Deferred Shares of £1

Principal risks (4)

changes in foreign currency exchange rates
credit risk
operational risk
liquidity risk

Events after the year end (1)

There have been no significant events or transactions since the statement of financial position date that require disclosure.

Secured borrowing

Registered charges, lenders and security interests.

Charges and related records

19 outstanding charges

Trustees Of Lazard London Directors' Pension Scheme

Unknown · created 2012-04-30

All monies

Outstanding

Trustees Of The Lazard London Staff Pension Scheme

Unknown · created 2012-04-30

All monies

Outstanding

Trustees Of The Lazard London Staff Pension Scheme

Fixed · created 2012-04-30

All monies

Outstanding

The Trustees Of The Lazard London Director'S Pension Scheme

Unknown · created 2009-07-15

All monies

Outstanding

Trustees Of The Lazard London Staff Pension Scheme

Fixed · created 2009-07-15

All monies

Outstanding

Euroclear Bank SA/Nv

Unknown · created 2003-10-01

All monies

Outstanding

Euroclear Bank SA/Nv

Unknown · created 2002-10-08

All monies

Outstanding

National Westminster Bank PLC

Floating · created 2000-06-27

ALL DEBTS OBLIGATIONS AND LIABILITIES DU E OR TO BECOME DUE FROM THE COMPANY TO T HE CHARGEE UNDER OR IN CONNECTION WITH T HE FACILITY AGREEMENT AND/OR THE SECURIT Y DEED OR ANY OF THE OTHER DOCUMENTATION AS DEFINED THEREIN

Outstanding

National Westminster Bank PLC

Floating · created 1999-10-18

All monies

Outstanding

National Westminster Bank PLC

Unknown · created 1999-06-15

All monies

Outstanding

National Westminster Bank PLC

Floating · created 1997-11-07

All monies