What is the main business of MG Welton?

The main business activity of MG Welton focuses on building works related to erection of residential and non-residential buildings.

When was the company founded?

The company was registered in the Polish National Court Register (KRS) on November 13, 2015.

Where is the headquarters located?

The headquarters is located at: ul. Fryderyka Chopina 15, 20-026 Lublin.

Who is on the management board?

The management board consists of: Olha Kiiko (President of the Management Board).

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.

How much revenue was generated?

In 2024, the company generated total revenue of $1,667, representing a decrease of 96.2% compared to 2023.

Is the company profitable?

No, in 2024 the company reported a net loss of $20,543.

What is the largest operating cost?

The largest operating cost category falls under other operating costs. This category amounted to $16,020 in 2024, representing 72% of all operating expenses.

MG Weltonsp. z o.o.

Building works related to erection of residential and non-residential buildings

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2015-11-13

Share capital

5 000,00 PLN

Registered address

ul. Fryderyka Chopina 15/15a, 20-026 Lublin, Poland

Electronic delivery address

AE:PL-36724-86114-JDHBC-19

Financials

Revenue history (in k)

Filing timeliness

1 of 6 financial statements was filed late (for 2021, 76 days late).

202509/07/2026
202404/07/2025
202311/07/2024
202229/06/2023
202129/09/2022
202013/09/2021

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 35.38kMedianUSD 216.61kAverageUSD 1.90m

Net profit

This companyUSD 2.35kMedianUSD 6.07kAverageUSD 102.59k

Operating costs

This companyUSD 26.83kMedianUSD 184.69kAverageUSD 1.73m

Assets

This companyUSD 13.15kMedianUSD 320.67kAverageUSD 2.44m

Industry

Authorized Representatives

Olha Kiiko – President of the Management Board

Manner of representation

In the case of a one-person management board, the President of the Management Board independently signs and submits declarations of will on behalf of the company. In the case of a multi-member management board, each member of the management board independently signs and submits declarations of will on behalf of the company.

Ownership

Owner	Shares	Share value	Stake
Olha Kiikoage 52	80	$1,080.50	80%
Stepan Kozlovskyiage 42	20	$270.12	20%

Beneficial owners

Person	Rights

Bank accounts

Registered as a VAT taxpayer on 2016-09-01.

PKO Bank Polski
47 1020 3150 0000 3502 0135 3697

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
Techbetsp. z o.o.	$8,449,413.13	techbet.lublin.pl
Maj-Max Groupsp. z o.o.	$3,757,297.21	majmax.pl
Ventajasp. z o.o.	$2,311,076.03	ventaja.pl
Arduasp. z o.o.	$630,988.14	ardua.pl
DEKA Bauelementesp. z o.o.	$502,489.21	deka-haus.pl
AMP Developmentsp. z o.o.	$86,192.12	ampdevelopment.pl
Color ParkS.A.	$26,900.41	colorpark.pl
Vital Group Internationalsp. z o.o.	$1,238.99	vitalgrp.eu
Legacy Developmentsp. z o.o.	$576.14	legacygroup.pl
Wikana Ergosp. z o.o.	$0.85	wikana.pl

Change history

Date	Event
2019-02-25	PKD change (Removed: 46.33.Z, 62.02.Z, 68.31.Z, 78.10.Z, 78.20.Z; Added: 43.12.Z, 43.21.Z, 43.22.Z, 49.41.Z, 62.09.Z)
2015-11-13	Entered in the register

FAQ

Last updated: 2026-07-11