What is the main business of Polaris Development?

The main business activity of Polaris Development focuses on realization of building projects related to erection of buildings.

When was the company founded?

The company was registered in the Polish National Court Register (KRS) on April 9, 2016.

Where is the headquarters located?

The headquarters is located at: ul. Rzymowskiego 31, 02-697 Warszawa.

What is the share capital?

The share capital of the company is PLN 10,000 (approx. $2,701).

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?

In 2024, the company's revenue reached $2,837,267.

No, in 2024 the company was not profitable, reporting a net loss of $367,695. For comparison, in 2023 the loss was $467, representing a multi-fold increase in the loss compared to 2023.

Which cost dominates operating expenses?

The largest operating cost category falls under cost of goods and materials sold. This category amounted to $2,852,667 in 2024, representing 97% of all operating expenses.

Polaris Developmentsp. z o.o.

Realization of building projects related to erection of buildings

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2016-04-09

Share capital

10,000.00 PLN

Activity description

Polaris Development offers apartments in Warsaw in the Korkowa 146 and Aleja Krakowska 201 developments. Korkowa 146 comprises 64 apartments measuring 25–75 m², scheduled for completion in Q4 2027; all 58 apartments at Aleja Krakowska 201, measuring 35–75 m², are ready for handover. The company provides mortgage advice, apartment customisation, construction progress updates, and discounts on purchases at Leroy Merlin.

Registered address

ul. Rzymowskiego 31, 02-697 Warszawa, Poland

Website

polarisdevelopment.pl

Phone

Social media

Electronic delivery address

AE:PL-97904-75064-VWVHJ-24

Financials

Revenue history (in k)

Filing timeliness

1 of 6 financial statements was filed late (for 2023, 1 day late).

202523/06/2026
202414/07/2025
202316/07/2024
202201/06/2023
202128/06/2022
202015/10/2021

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 576.85kMedianUSD 139.70kAverageUSD 1.44m

Net profit

This companyUSD -215.27kMedianUSD 274.30AverageUSD 142.36k

Operating costs

This companyUSD 228.62kMedianUSD 105.94kAverageUSD 1.16m

Assets

This companyUSD 11.03mMedianUSD 497.18kAverageUSD 3.94m

Industry

Trademarks

Polaris Development currently holds no active trademarks with the Polish Patent Office. 1 application is pending. The first mark was filed in 2026.

Mark	Number	Classes	Status	Protected until
Polaris Development(word)	Z.604210	36	Application pending	–

Mark	Protected until
Polaris Development(word)	–

Authorized Representatives

Marzena Magdalena Celej – President of the Management Board

Ewa Młyńska – Vice President of the Management Board

Manner of representation

In the case of a one-person management board, the company is represented by the President of the Management Board. In the case of a multi-member management board, the company is represented by: 1. two members of the management board jointly; 2. a member of the management board jointly with a commercial proxy; 3. the President of the Management Board independently.

Ownership

Owner	Shares	Share value	Stake
Sebastian Jerzy Sinczakage 47	200	$2,701.24	100%

Beneficial owners

Person	Rights

Subsidiaries

Name	Share value	Stake
Polaris Constructionsp. z o.o.	94,543.49 USD	100%
Polaris 2sp. z o.o.	1,350.62 USD	100%
Polaris Aleja Krakowska 201sp. z o.o.	1,350.62 USD	100%

Bank accounts

Registered as a VAT taxpayer on 2024-02-01.

mBank
77 1140 2062 0000 3611 2100 1001

Debt

No entries in the National Debtors Register (KRZ).

Real estate

Type	Amount
Investment property	PLN 96,905PLN 96,905

Public aid

No public aid cases recorded in the last 10 years.

Competitors

Name	Revenue	Website
LP Budownictwosp. z o.o.	$864,997.88	lp-budownictwo.pl
HorebS.A.	$614,706.90	horeb.com.pl
K2 Residentialsp. z o.o. + limited partnership	$641,711.41	k2residential.pl
Inhome Projektsp. z o.o.	$595,203.41	inhome.pl
MFC Developmentsp. z o.o.	$474,567.03	mfcdevelopment.com.pl
Livup Management Polandsp. j.	$322,056.84	livup.pl
Port Praski Doki IIsp. z o.o.	$301,331.68	portpraski.pl
Tiara Developmentsp. z o.o. + limited partnership	$291,698.36	tiara-development.pl
4 Building 1sp. z o.o.	$290,166.43	4building.eu
Port Praski Dokisp. z o.o.	$224,325.24	portpraski.pl

Change history

Date	Event
2024-08-28	Share capital increase (5,000.00 PLN → 10,000.00 PLN)
2024-01-08	Name change (Polaris Security → Polaris Development)
2024-01-08	PKD change (Removed: 9 codes; Added: 9 codes)
2016-04-09	Entered in the register

FAQ

Last updated: 2026-10-07