What is the main business of Tower Group II?

The main business activity of Tower Group II focuses on development of residential building projects.

When was the company founded?

The company was registered in the Polish National Court Register (KRS) on September 29, 2011.

Where is the headquarters located?

The headquarters is located at: Fortuny 9, 01-339 Warszawa.

Who is on the management board?

The management board consists of: Paweł Robert Siarkiewicz (President of the Management Board).

What is the share capital?

The share capital of the company is PLN 50,000 (approx. $13,506).

What period do the latest financial data cover?

The latest available financial statement covers the period from January 1, 2022 to December 31, 2022.

What was the revenue?

The company reported a revenue of $1 in 2022, which is an increase of 144.0% compared to 2021.

No, in 2022 the company was not profitable, reporting a net loss of $1,450. For comparison, in 2021 the loss was $991, meaning the company increased its loss by 68.8%.

What is the largest operating cost?

The largest operating cost category falls under external services. This category amounted to $1,289 in 2022, representing 100% of all operating expenses.

Tower Group IIsp. z o.o.

Development of residential building projects

KRS: NIP: REGON:

Overview

Status

Suspended

Registry date

2011-09-29

Share capital

50 000,00 PLN

Registered address

Fortuny 9, 01-339 Warszawa, Poland

Financials

Revenue history (in k)

Filing timeliness

No financial statement for 2023 – the filing deadline has passed. 2 of 5 financial statements were filed late (the longest delay 179 days for 2022).

2023not filed
202210/01/2024
202130/08/2022
202004/10/2021
201928/09/2020
201803/07/2019

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 2022.

Results vs industry

Revenue

This companyUSD 0.55MedianUSD 99.53kAverageUSD 2.89m

Net profit

This companyUSD -1.45kMedianUSD -1.36kAverageUSD 431.57k

Operating costs

This companyUSD 1.29kMedianUSD 92.21kAverageUSD 2.27m

Assets

This companyUSD 995.83kMedianUSD 856.60kAverageUSD 7.78m

Industry

Authorized Representatives

Paweł Robert Siarkiewicz – President of the Management Board

Manner of representation

Each member of the management board independently.

Ownership

Owner	Shares	Share value	Stake
Klaudia Siarkiewiczage 37	250	$3,376.55	25%
Paweł Robert Siarkiewiczage 62	750	$10,129.66	75%

Paweł Robert Siarkiewicz and Klaudia Siarkiewicz hold a combined 100% – the ownership structure indicates family control.

Beneficial owners

Person	Rights

Bank accounts

Registered as a VAT taxpayer on 2011-12-29.

No bank accounts reported to the VAT Taxpayer Register.

Debt

No entries in the National Debtors Register (KRZ).

Public aid

No public aid cases recorded in the last 10 years.

Competitors

Name	Revenue	Website
DOM DevelopmentS.A.	$493,630,336.51	domdevelopment.com.pl
Pret Nieruchomościsp. z o.o.	$111,584.94	pret.com.pl
MV Regulskasp. z o.o.	$68,364.43	mvalue.pl
Svalasp. z o.o.	$30,107.85	svala.pl
Hegra Dewelopersp. z o.o.	$9,338.92	hegra-deweloper.pl
Reproperties Southsp. z o.o.	$1,653.16	reproperties.pl
Apartamenty Świętokrzyskasp. z o.o.	$1,648.97	elbrusgreenenergy.com
SMP Investsp. z o.o.	$1,255.65	smpinvest.pl
Tremend Fabrycznasp. z o.o.	$970.22	tremend.pl
Ascot Projects Poland isp. z o.o.	$0.22	ascotdev.pl