What is the main business of Papi?

The main business activity of Papi focuses on restaurants and other eating places.

When was the company founded?

The company was registered in the Polish National Court Register (KRS) on September 14, 2021.

Where is the headquarters located?

The headquarters is located at: ul. Św. Filipa 23, 31-150 Kraków.

Who is on the management board?

The management board consists of: Tatul Arevshatyan (Member of the Management Board) and Toros Arevshatyan (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.

What revenue was generated?

In 2024, the company generated total revenue of $85,107, representing a decrease of 33.6% compared to 2023.

No, in 2024 the company reported a net loss of $14,062.

What is the main operating cost?

The largest operating cost category falls under other operating costs. This category amounted to $74,131 in 2024, representing 75% of all operating expenses.

PAPIsp. z o.o.

Restaurants and other eating places

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2021-09-14

Share capital

5,000.00 PLN

Registered address

ul. św. Filipa 23/3, 31-150 Kraków, Poland

Electronic delivery address

AE:PL-96333-50470-CRCAA-27

Financials

Revenue history (in k)

Filing timeliness

1 of 4 financial statements was filed late (for 2022, 2 days late).

2025filed
202428/06/2025
202328/06/2024
202217/07/2023

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 19.16kMedianUSD 244.50kAverageUSD 833.52k

Net profit

This companyUSD -25.64kMedianUSD 3.85kAverageUSD 58.69k

Operating costs

This companyUSD 44.61kMedianUSD 236.53kAverageUSD 745.24k

Assets

This companyUSD 41.32kMedianUSD 93.98kAverageUSD 535.99k

Industry

Authorized Representatives

Tatul Arevshatyan – Management Board Member

Toros Arevshatyan – President of the Management Board

Hayk Hovhannisyan – Attorney-in-fact

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
Tatul Arevshatyanage 38	9	$243.11	18%
Toros Arevshatyanage 40	41	$1,107.51	82%

Toros Arevshatyan and Tatul Arevshatyan hold a combined 100% – the ownership structure indicates family control.

Beneficial owners

Person	Rights

Bank accounts

Registered as a VAT taxpayer on 2021-11-01.

PKO Bank Polski
42 1020 2892 0000 5402 0781 7218

Debt

No entries in the National Debtors Register (KRZ).

Public aid

Grant date	Purpose	Gross amount	Granting body
Dec 17, 2025	Aid for microenterprises in the form of public interventions concerning electricity, gas or heat supplies	$314$314	Axpo Polska sp. z o.o.

Competitors

Name	Revenue	Website
Ludzie z Buszusp. z o.o.	$435,952.49	buszkrakow.pl
Serszynkapieczarkisp. z o.o.	$430,914.70	dajwor3.pl
Bhajan Cafe Kraków sp. z o.o.sp. k.	$344,848.20	bhajancafe.pl
Texas Grill Bbqsp. z o.o.	$297,238.47	texasgrill.pl
EDO Art & Foodsp. z o.o. + limited partnership	$294,623.15	edosushi.pl
PK Polandsp. z o.o.	$75,249.83	miodowypiecyk.pl
Browar Benedyktynów Tynieckichsp. z o.o.	$73,871.97	tinecia.pl
A&M International Companysp. z o.o.	$34,920.19	punto-italia.it
Miętowy Króliksp. z o.o.	$32,888.91	i.ua
Frytekniemasp. z o.o.	$2,000.38	frytekniema.pl