What is the main business of MGN?

The main business activity of MGN focuses on manufacture of other products of wood; manufacture of articles of cork, straw and plaiting.

When was the company founded?

The company was registered in the Polish National Court Register (KRS) on January 11, 2022.

Where is the headquarters located?

The headquarters is located at: ul. Wałowa 28, 34-100 Wadowice.

Who is on the management board?

The management board includes Marta Groniewska (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.

How much revenue was generated?

In 2024, the company generated total revenue of $384,559, representing an increase of 9.4% compared to 2023.

Yes, the company recorded a net profit of $14,280 in 2024, meaning the company increased its profit by 21.9%.

Which cost dominates operating expenses?

The largest operating cost category falls under other operating costs. This category amounted to $171,486 in 2024, representing 46% of all operating expenses.

MGNsp. z o.o.

Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2022-01-11

Share capital

5,000.00 PLN

Registered address

ul. Wałowa 28, 34-100 Wadowice, Poland

Electronic delivery address

AE:PL-47804-99806-FFUVH-23

Financials

Revenue history (in k)

Filing timeliness

4 of 4 financial statements were filed late (the longest delay 25 days for 2023).

202531/07/2026
202404/08/2025
202309/08/2024
202231/07/2023

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, city, voivodeship and across Poland in 2025.

Industry · Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting173 / 417

Top 41%

Division · Manufacture of products of wood and cork, except furniture; manufacture500 / 1,026

Top 49%

Sector · Manufacturing6,390 / 12,010

Top 53%

City · Wadowice73 / 159

Top 46%

Voivodeship · Małopolskie12,024 / 27,820

Top 43%

Country · Poland130,990 / 297,873

Top 44%

Results vs industry

Revenue

This companyUSD 421.70kMedianUSD 185.76kAverageUSD 1.35m

Net profit

This companyUSD 16.44kMedianUSD 1.10kAverageUSD -11.17k

Operating costs

This companyUSD 403.99kMedianUSD 174.70kAverageUSD 1.31m

Assets

This companyUSD 179.72kMedianUSD 242.26kAverageUSD 1.12m

Industry

Trademarks

MGN holds 1 active trademark registered with the Polish Patent Office. The first mark was filed in 2025.

Mark	Number	Classes	Status	Protected until
ROYAL FURRY(word)	Z.583325	31	Protected	Apr 16, 2035

Mark	Protected until
ROYAL FURRY(word)	Apr 16, 2035

Authorized Representatives

Marta Groniewska – President of the Management Board

Patrycjusz Jan Groniewski – 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
Marta Groniewskaage 46	80	$1,080.50	80%
Wojciech Groniewskiage 51	20	$270.12	20%

Marta Groniewska and Wojciech Groniewski hold a combined 100% – the ownership structure indicates family control.

Beneficial owners

Person	Rights

Bank accounts

Registered as a VAT taxpayer on 2022-02-22.

Alior Bank
29 2490 0005 0000 4530 3446 7249

Debt

No entries in the National Debtors Register (KRZ).

Public aid

Grant date	Purpose	Gross amount	Granting body
Apr 11, 2024	De minimis aid (in accordance with Commission Regulation No 1407/2013 or earlier)	$2,547$2,547	Starosta Powiatu Myślenice
Oct 26, 2023	De minimis aid (in accordance with Commission Regulation No 1407/2013 or earlier)	$140$140	Prezes Zakładu Ubezpieczeń Społecznych

Regulatory authorisations

Authority	Type	Status
BDO	BDO register entry	Active

Competitors

Name	Revenue	Website
Noehaussp. z o.o.	$568,777.40	noehaus.pl
Jb-Cncsp. z o.o.	$499,168.22	jb-cnc.com
Pacific Elixirsp. z o.o.	$445,215.29	kavaeurope.pl
Krespasp. z o.o.	$436,477.22	krespa.pl
Spawnfoam Polandsp. z o.o.	$67,055.84	spawnfoam.pt
Kraina Drwalasp. z o.o.	$55,783.92	krainadrwala.pl
Arbor Kidssp. z o.o.	$53,290.28	arborkids.pl
Tengusp. z o.o.	$23,204.71	tengugallery.com
Eco Mobile Homesp. z o.o.	$7,491.86	ecomobilehome.pl
Antyramysp. z o.o.	–	antyramy.eu

Change history

Date	Event
2023-09-28	Address change (Ul. Wenecja 6, 34-100, Wadowice → Ul. Wałowa 28, 34-100, Wadowice)
2022-02-25	Address change (79, 34-124, Klecza Dolna → Ul. Wenecja 6, 34-100, Wadowice)
2022-01-11	Entered in the register

FAQ

Last updated: 2026-08-01