Lango Real Estate Limited
15804453
Some Concerns
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/12/2024
group
Next accounts due
30/09/2026
Confirmation statement
Last: 18/06/2025
Due 02/07/2026
Industry
Officers
director · Since 26/06/2024
DIRECTOR
IRISH · UNITED KINGDOM · Age 54
Also on 3 other boards
director · Since 26/06/2024
DIRECTOR
BRITISH · UNITED KINGDOM · Age 44
Also on 2 other boards
director · Since 18/12/2024
CHIEF EXECUTIVE
SOUTH AFRICAN · SOUTH AFRICA · Age 57
director · Since 18/12/2024
CHIEF INVESTMENT OFFICER
SOUTH AFRICAN · SOUTH AFRICA · Age 46
Charges2 outstanding
THE STANDARD BANK OF SOUTH AFRICA LIMITED (AS SECURITY TRUSTEE FOR THE SECURED PARTIES (AS DEFI
THE STANDARD BANK OF SOUTH AFRICA LIMITED (AS SECURITY TRUSTEE FOR THE SECURED PARTIES (AS DEFI
CompanyRankvs 20572+ SIC 41100 peers44
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
benefit from the expected decrease in base rates prior to locking in rates.   Driven by the short-term nature of the debt maturity profile, the Board identified a material uncertainty related to going concern. The Board has considered the risk related to the short-term nature of its tranche 2 and tranche 3 debt, and the Board's opinion is that the Group will be able to refinance these facilit
Key FinancialsYear ending 31/12/2024
Net Worth
£223.6M
Balance sheet strength
Cash
—
Cash in the bank
Profit Before Tax
-£92.9M
Bottom line earnings
Net Current Assets
—
Working capital
Current Assets
£65.6M
Current Liabilities
£442k
Fixed Assets
£736.9M
Debtors
£34.5M
Admin Expenses
£441k
Profit After Tax
-£92.9M
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 148.52 |
Derived from filed accounts. Not audited figures.