Practical Matterssp. z o.o.
Manufacture of luggage, handbags and similar leather goods; manufacture of saddlery
KRS: NIP: REGON:
Overview
Status
Active
Registry date
2018-06-04
Share capital
6,500.00 PLN
Registered address
3A, 18-421 Krzewo, Poland
Financials
Revenue history (in k)
Filing timeliness
3 of 6 financial statements were filed late (the longest delay 687 days for 2023).
- 202503/07/2026
- 202401/06/2026
- 202302/06/2026
- 202215/07/2023
- 202114/10/2022
- 202022/06/2021
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 122.99kMedianUSD 172.59kAverageUSD 933.30k
Net profit
This companyUSD -6.56kMedianUSD 3.22kAverageUSD 105.26k
Operating costs
This companyUSD 94.65kMedianUSD 171.55kAverageUSD 798.07k
Assets
This companyUSD 225.78kMedianUSD 81.04kAverageUSD 694.48k
Industry
Authorized Representatives
Anna Baranowska – Management Board Member
Mariusz Gruszfeld – Attorney-in-fact (joint)
Manner of representation
Each member of the management board independently.
Ownership
| Owner | Shares | Share value | Stake |
|---|---|---|---|
Anna Baranowskaage 44 | 91 | $1,229.07 | 70% |
Mariusz Gruszfeldage 49 | 30 | $405.19 | 23.0769% |
Others | 9 | $121.56 | 6.9231% |
Beneficial owners
| Person | Rights |
|---|---|
Bank accounts
Registered as a VAT taxpayer on 2018-06-11.
Bank spółdzielczy43 8762 0009 0011 4707 2000 0010
Bank spółdzielczy85 8762 0009 0011 4707 2000 0030
55 1160 2202 0000 0006 1309 2388
Debt
No entries in the National Debtors Register (KRZ).
Public aid
12 public aid cases recorded, with a total value of $212,859.
| Grant date | Purpose | Gross amount | Granting body | |
|---|---|---|---|---|
| Sep 22, 2025 | De minimis aid (in accordance with Commission Regulation 2023/2831) | $2,329$2,329 | Prezes Banku Gospodarstwa Krajowego | |
| Jul 25, 2025 | De minimis aid (in accordance with Commission Regulation 2023/2831) | $37,654$37,654 | Agencja Rozwoju Regionalnego Ares S.A. | |
| Mar 17, 2025 | De minimis aid (in accordance with Commission Regulation 2023/2831) | $0$0 | Polskie Stowarzyszenie Doradcze I Konsultingowe |
European Funds
| Start | Project | EU co-financing | Programme | |
|---|---|---|---|---|
| 2020-12-01 | Promotion and internationalisation of the LUNCH MUNCH® product brand and development of the export activities of PRACTICAL MATTERS Sp. z o.o. through participation in international trade fairs. | $92,132$92,132 | Operational Programme Smart Growth |
Competitors
| Name | Revenue | Website | ||
|---|---|---|---|---|
| Warsaw Matesp. z o.o. + limited partnership | $3,036,200.78 | warsawmate.pl | ||
| Gepardsp. z o.o. | $1,187,566.82 | milamie.com | ||
| Tomax Onesp. z o.o. | $515,238.11 | tomax-wycinanie.pl | ||
| Bigordisp. z o.o. | $346,695.39 | bigordi.pl | ||
| Mukkesp. z o.o. | $206,817.96 | mukke.pl | ||
| Smart Animalsp. z o.o. | $57,394.22 | smartanimal.eu | ||
| Jarinsp. z o.o. | $13,476.44 | jarin.pl | ||
| Efektersp. z o.o. | $8,487.25 | efekter.pl | ||
| HRDYsp. z o.o. | $6,111.60 | hrdy.pl | ||
| One:Itemsp. z o.o. | $4,622.77 | oneitem.eu |
Change history
| Date | Event | |
|---|---|---|
| 2024-06-21 | Share capital increase (5,000.00 PLN → 6,500.00 PLN) | |
| 2018-06-04 | Entered in the register |
FAQ
The main business activity of Practical Matters focuses on manufacture of luggage, handbags and saddlery and harness.
The company was registered in the Polish National Court Register (KRS) on June 4, 2018.
The headquarters is located at: 3A, 18-421 Krzewo.
The share capital of the company is PLN 6,500 (approx. $1,756).
The latest available financial statement covers the period from January 1, 2024 to December 31, 2024.
In 2024, the company generated total revenue of $114,578, representing a decrease of 33.3% compared to 2023.
No, the company recorded a net loss of $19,448 in 2024. For comparison, in 2023 the loss was $18,308, meaning the company increased its loss by 0.9%.
The largest operating cost category falls under other operating costs. This category amounted to $103,117 in 2024, representing 84% of all operating expenses.
Last updated: 2026-07-06