Overview
Status
Active
Registry date
2001-06-28
Share capital
600,000.00 PLN
Registered address
ul. Grunwaldzka 18A, 10-125 Olsztyn, Poland
Electronic delivery address
AE:PL-45327-35805-FJRTE-23
Financials
Revenue history (in k)
Filing timeliness
1 of 6 financial statements was filed late (for 2021, 7 days late).
- 202523/04/2026
- 202409/06/2025
- 202301/07/2024
- 202230/06/2023
- 202122/07/2022
- 202022/07/2021
Filed on timeDelayFiling deadline
Data and insights are generated automatically from financial statements – they may contain errors and are neither a credit assessment nor business advice.
Statistics
How the company ranks by revenue within its industry, region and across Poland in 2025.
Results vs industry
Revenue
This companyUSD 287.73kMedianUSD 194.10kAverageUSD 1.37m
Net profit
This companyUSD -130.28kMedianUSD 7.26kAverageUSD 125.61k
Operating costs
This companyUSD 339.72kMedianUSD 132.41kAverageUSD 940.87k
Assets
This companyUSD 1.28mMedianUSD 765.05kAverageUSD 6.95m
Industry
Authorized Representatives
Jan Paweł Sarzyński – President of the Management Board
Manner of representation
One-person management board: one member of the management board independently; multi-member management board: - two members of the management board or - one member of the management board jointly with a commercial proxy.
Ownership
| Owner | Shares | Share value | Stake |
|---|---|---|---|
Jan Paweł Sarzyńskiage 74 | 99 | $160,453.81 | 99% |
Others | 1 | $1,620.75 | 1% |
Beneficial owners
| Person | Rights |
|---|---|
Subsidiaries
| Name | Share value | Stake | ||
|---|---|---|---|---|
Edukacjasp. z o.o. | 1,350.62 USD | 100% |
Bank accounts
Registered as a VAT taxpayer on 2001-05-31.
Bank spółdzielczy33 9364 0000 2010 0034 3686 0001
Debt
No entries in the National Debtors Register (KRZ).
Real estate
| Type | Amount |
|---|---|
Land (incl. perpetual usufruct) | $817$817 |
Buildings and premises | $157K$156,956 |
Public aid
7 public aid cases recorded, with a total value of $14,495.
| Grant date | Purpose | Gross amount | Granting body | |
|---|---|---|---|---|
| Nov 24, 2020 | De minimis aid (in accordance with Commission Regulation No 1407/2013 or earlier) | $131$131 | Prezydent Olsztyna | |
| Nov 24, 2020 | De minimis aid (in accordance with Commission Regulation No 1407/2013 or earlier) | $79$79 | Prezydent Olsztyna | |
| Jun 20, 2020 | Aid compensating for the negative economic consequences of COVID-19, granted in limited amounts | $895$895 | Prezes Zakładu Ubezpieczeń Społecznych |
Competitors
| Name | Revenue | Website | ||
|---|---|---|---|---|
| Cezal OlsztynS.A. | $2,263,544.10 | cezal.olsztyn.pl | ||
| Towarzystwo Budownictwa Społecznego Karosp. z o.o. | $1,592,180.62 | karo.mragowo.pl | ||
| ZatokaS.A. | $1,392,306.34 | zatoka-ostroda.pl | ||
| Perfect Investsp. z o.o. | $951,739.87 | perfectinvest.pl | ||
| Rent4you Plsp. z o.o. | $725,959.30 | rent4you.com.pl | ||
| Eskulap - Nieruchomościsp. z o.o. | $314,514.44 | eskulapszczytno.wixsite.com | ||
| LAKE Rentalsp. z o.o. | $190,321.87 | lakerental.pl | ||
| Reandersp. z o.o. | $51,398.81 | reander.pl | ||
| Inspire Fundsp. z o.o. | $5,624.70 | inspire-consulting.pl | ||
| Stacja Elblągsp. z o.o. | $0.00 | stacjaelblag.pl |
Change history
| Date | Event | |
|---|---|---|
| 2023-09-19 | Address change (Metalowa 6, 10-603, Olsztyn → Ul. Grunwaldzka 18a, 10-125, Olsztyn) | |
| 2001-06-28 | Entered in the register |
FAQ
The main business activity of Local focuses on renting and operating of own or leased real estate.
The company was registered in the Polish National Court Register (KRS) on June 28, 2001.
The headquarters is located at: ul. Grunwaldzka 18A, 10-125 Olsztyn.
The share capital of the company is PLN 600,000 (approx. $162,075).
The latest available financial statement covers the period from January 1, 2025 to December 31, 2025.
In 2025, the company generated total revenue of $287,727, representing an increase of 112.2% compared to 2024.
No, in 2025 the company was not profitable, reporting a net loss of $130,284. For comparison, in 2024 the loss was $125,006, meaning the company increased its loss by 4.0%.
The largest operating cost category falls under cost of goods and materials sold. This category amounted to $136,379 in 2025, representing 40% of all operating expenses.
Last updated: 2026-04-23