What is the main business of Update Plus?

The main business activity of Update Plus focuses on data processing, hosting and related activities.

When was the company founded?

The company was registered in the Polish National Court Register (KRS) on November 26, 2012.

Where is the headquarters located?

The headquarters is located at: ul. Henryka Sienkiewicza 85/87, 90-057 Łódź.

What is the share capital?

The share capital of the company is PLN 5,000 (approx. $1,351).

What period do the latest financial data cover?

The latest available financial statement covers the period from January 1, 2024 to December 31, 2024.

What revenue was generated?

The company reported a revenue of $60,760 in 2024, which is an increase of 41.4% compared to 2023.

Is the company profitable?

No, in 2024 the company was not profitable, reporting a net loss of $23,601. For comparison, in 2023 the loss was $44,236, meaning the company reduced its loss by 49.3%.

Which cost dominates operating expenses?

The largest operating cost category falls under external services. This category amounted to $36,742 in 2024, representing 45% of all operating expenses.

Update Plussp. z o.o.

Data processing, hosting and related activities

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2012-11-26

Share capital

5,000.00 PLN

Activity description

Update Plus designs specialized IT systems using IoT, mapping, artificial intelligence and mobile applications. Its products include App2See, which describes surroundings by voice for blind and partially sighted people, LONAS indoor navigation, and UpdateMonitoring for monitoring freight railcar fleets. The company also adapts and deploys systems to clients’ facilities and processes.

Registered address

ul. Henryka Sienkiewicza 85/87/8, 90-057 Łódź, Poland

Website

updateplus.pl

Phone

Electronic delivery address

AE:PL-42422-14800-ISDRT-24

Financials

Revenue history (in k)

Filing timeliness

1 of 6 financial statements was filed late (for 2021, 69 days late).

202502/07/2026
202408/07/2025
202308/07/2024
202207/07/2023
202122/09/2022
202030/09/2021

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 39.83kMedianUSD 60.02kAverageUSD 2.16m

Net profit

This companyUSD -62.33kMedianUSD 953.00AverageUSD 113.62k

Operating costs

This companyUSD 101.98kMedianUSD 58.55kAverageUSD 1.95m

Assets

This companyUSD 108.46kMedianUSD 49.44kAverageUSD 2.36m

Industry

Offer

Information systems
Mobile applications
Indoor navigation systems
Fleet monitoring systems
Mapping systems
IT integrations

Authorized Representatives

Marcin Szaraniec – President of the Management Board

Manner of representation

Each member of the management board is authorised to make declarations of will on behalf of the company independently.

Ownership

Owner	Shares	Share value	Stake
Marcin Szaraniecage 46	75	$1,012.97	75%
Urszula Anna Szaraniecage 45	20	$270.12	20%
Others	5	$67.53	5%

Marcin Szaraniec and Urszula Anna Szaraniec hold a combined 95% – the ownership structure indicates family control.

Beneficial owners

Person	Rights

Bank accounts

Registered as a VAT taxpayer on 2012-12-04.

ING Bank Śląski
89 1050 1461 1000 0091 3360 9504
ING Bank Śląski
67 1050 1461 1000 0091 3360 9512
ING Bank Śląski
45 1050 1461 1000 0091 3360 9520

Debt

No entries in the National Debtors Register (KRZ).

Public aid

Grant date	Purpose	Gross amount	Granting body
Aug 9, 2017	Aid for research and development projects: industrial research	$250.4K$250,446	MARSZAŁEK ŁÓDZKI
Aug 9, 2017	Aid for research and development projects: experimental development	$168.6K$168,633	Marszałek Województwa Łódzkiego

European Funds

Start	Project	EU co-financing	Programme
2017-02-01	Research and development conducted by UPDATE PLUS SP. Z O.O. aimed at creating an innovative service for the automatic detection of defects and faults in railway wagon wheelsets	$419.1K$419,079	Regional Operational Programme of the Łódź Voivodeship for 2014–2020

Competitors

	Name	Revenue	Website
	Technicentersp. z o.o.	$151,583.46	technicenter.eu
	Gipsisp. z o.o.	$150,481.12	gipsi.pl

Change history

Date	Event
2019-11-05	Address change (89e, 95-200, Rydzyny → Ul. Henryka Sienkiewicza 85/87/8, 90-057, Łódź)
2016-12-19	PKD change (Added: 63.11.Z, 70.2, 73.1, 73.2)
2012-11-26	Entered in the register

FAQ

Last updated: 2026-07-04