What is the main business of BIT Pay?

The main business activity of BIT Pay focuses on retail sale via mail order houses or via internet.

When was the company founded?

The company was registered in the Polish National Court Register (KRS) on September 14, 2018.

Where is the headquarters located?

The headquarters is located at: ul. Marszałkowska 4, 00-590 Warszawa.

What is the share capital?

The share capital of the company is PLN 45,000 (approx. $12,156).

What period do the latest financial data cover?

The latest available financial statement covers the period from January 1, 2020 to December 31, 2020.

How much revenue was generated?

The company reported a revenue of USD 1,726 in 2020, which is a decrease of 48.3% compared to 2019.

Yes, the company recorded a net profit of USD 1,163 in 2020.

What is the largest operating cost?

The largest operating cost category falls under external services. This category amounted to USD 474 in 2020, representing 84% of all operating expenses.

BIT Paysp. z o.o.

Retail sale via mail order houses or via Internet

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2018-09-14

Share capital

45,000.00 PLN

Registered address

ul. Marszałkowska 4/3, 00-590 Warszawa, Poland

Financials

Revenue history

Filing timeliness

No financial statement for 2021 – the filing deadline has passed. 3 of 3 financial statements were filed late (the longest delay 116 days for 2019).

2021not filed
202027/10/2021
201908/02/2021
201804/09/2019

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 2020.

Results vs industry

Revenue

This companyUSD 1.73kMedianUSD 89.35kAverageUSD 1.41m

Net profit

This companyUSD 1.16kMedianUSD 562.74AverageUSD 48.84k

Operating costs

This companyUSD 563.02MedianUSD 87.72kAverageUSD 1.33m

Assets

This companyUSD 3.97kMedianUSD 47.41kAverageUSD 567.70k

Industry

Ownership

Owner	Shares	Share value	Stake
Tomasz Krupaage 53	315	$8,508.91	70%
Beata Maria Saniutycz Kuroczyckaage 54	135	$3,646.68	30%

Manner of representation

President of the Management Board independently; in the case of a multi-member management board, the company is represented independently by the President of the Management Board, or by two members of the management board jointly, or by a member of the management board jointly with a commercial proxy.

Beneficial owners

Person	Rights

Bank accounts

Was a VAT taxpayer from 2018-10-18 to 2026-02-27.

Reason for removal: Art. 96 ust. 9a pkt 2 (VAT returns not filed for 3 consecutive months or a quarter)

Debt

No entries in the National Debtors Register (KRZ).

Public aid

Grant date	Purpose	Gross amount	Granting body
Feb 28, 2024	De minimis aid (in accordance with Commission Regulation No 1407/2013 or earlier)	––	Prezes Banku Gospodarstwa Krajowego
Jul 31, 2020	Aid compensating for the negative economic consequences of COVID-19, granted in limited amounts	––	Prezydent Miasta Stołecznego Warszawy

Competitors

Name	Revenue	Website
M&W Fashionsp. z o.o.	$2,370.20	glamwear.pl
Piękne Duszesp. z o.o.	$2,232.73	pieknedusze.pl
Pracownia Wybórsp. z o.o.	$2,139.90	pracownia-wybor.pl
Revolifesp. z o.o.	$2,130.91	revolife.pl
PAY Flow Solutionsp. z o.o.	$1,981.98	payflow.com.pl
Fantastycznasp. z o.o.	$1,968.19	fantastycznydziennik.pl
Equeria Horsesp. z o.o.	$1,890.42	equeria.horse
Fonopolissp. z o.o.	$1,607.99	fonopolis.pl
Custom Guitar Tonessp. z o.o.	$1,401.52	customguitartones.com
Vinci Centersp. z o.o.	$1,261.81	vinci-center.pl