What is the main business of Limitless Real Estate?

The main business activity of Limitless Real Estate focuses on hotels and similar accommodation.

When was the company founded?

The company was registered in the Polish National Court Register (KRS) on July 19, 2019.

Where is the headquarters located?

The headquarters is located at: ul. Dobra 27, 00-344 Warszawa.

Who is on the management board?

The management board includes Piotr Adrian Rychel (Member of the Management Board).

What is the share capital?

The share capital of the company is PLN 50,000 (approx. $13,506).

What period do the latest financial data cover?

The latest available financial statement covers the period from January 1, 2021 to December 31, 2021.

What was the revenue?

The company reported a revenue of $41,545 in 2021, which is a decrease of 78.1% compared to 2020.

No, the company recorded a net loss of $6,922 in 2021. For comparison, in 2020 the loss was $64,135, meaning the company reduced its loss by 89.3%.

What is the largest operating cost?

The largest operating cost category falls under external services. This category amounted to $25,422 in 2021, representing 53% of all operating expenses.

Limitless Real Estatesp. z o.o.

Hotels and similar accommodation

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2019-07-19

Share capital

50,000.00 PLN

Registered address

ul. Dobra 27/22, 00-344 Warszawa, Poland

Financials

Revenue history (in k)

Filing timeliness

No financial statement for 2022 – the filing deadline has passed. 2 of 3 financial statements were filed late (the longest delay 88 days for 2021).

2022not filed
202111/10/2022
202029/10/2021
201930/09/2020

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, city, voivodeship and across Poland in 2021.

Industry · Hotels and similar accommodation2,303 / 2,877

Top 80%

Division · Accommodation3,751 / 5,055

Top 74%

Sector · Accommodation and food service activities5,638 / 7,528

Top 75%

Voivodeship · Mazowieckie97,332 / 142,033

Top 69%

Country · Poland349,178 / 495,860

Top 70%

Results vs industry

Revenue

This companyUSD 41.55kMedianUSD 412.39kAverageUSD 2.23m

Net profit

This companyUSD -6.92kMedianUSD 4.18kAverageUSD 192.22k

Operating costs

This companyUSD 47.64kMedianUSD 361.92kAverageUSD 1.88m

Assets

This companyUSD 36.01kMedianUSD 676.99kAverageUSD 4.05m

Industry

Authorized Representatives

Piotr Adrian Rychel – Management Board Member

Maciej Jan Gliński – President of the Management Board

Manner of representation

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

Ownership

Owner	Shares	Share value	Stake
Maciej Jan Glińskiage 38	250	$6,753.11	50%
Piotr Adrian Rychelage 47	250	$6,753.11	50%

Beneficial owners

Person	Rights

Bank accounts

Was a VAT taxpayer from 2019-09-27 to 2023-09-15.

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

Debt

1 closed proceeding recorded in KRZ history.

Registration date	Proceeding type	Status
Dec 12, 2024	Discontinued enforcement proceedings	Closed

Public aid

8 public aid cases recorded, with a total value of $8,537.

Grant date	Purpose	Gross amount	Granting body
Jul 12, 2021	Aid compensating for the negative economic consequences of COVID-19, granted in limited amounts	$1,294$1,294	Prezydent Miasta Stołecznego Warszawy
Jun 18, 2021	Aid compensating for the negative economic consequences of COVID-19, granted in limited amounts	$1,294$1,294	Prezydent Miasta Stołecznego Warszawy
May 10, 2021	Aid compensating for the negative economic consequences of COVID-19, granted in limited amounts	$1,294$1,294	Prezydent Miasta Stołecznego Warszawy

Competitors

Name	Revenue	Website
Biały Pałac Palczewsp. z o.o.	$175,537.68	palacpalczew.pl
Best Restsp. z o.o. + limited partnership	$165,189.12	hostellwowska11.pl
Warsaw Conceptsp. z o.o.	$137,531.28	warsawconcept.pl
EKO Folwarksp. z o.o. + limited partnership	$116,003.35	ekofolwark.pl
Apartelsp. z o.o.	$111,138.36	apartel.waw.pl
Gnieckisp. z o.o.	$81,664.46	gniecki.com
Projekt Hotelsp. z o.o.	$18,649.52	projekthotel.pl
THE Quest Groupsp. z o.o.	$4,892.86	thequestgroup.pl
EKO Folwarksp. z o.o.	$753.39	ekofolwark.pl
PHN Hotel Management Phn KS.K.A.	$0.27	phnhm.phnsa.pl