Overview
Status
Active
Registry date
2022-04-25
Share capital
715,500.00 PLN
Registered address
ul. Cybernetyki 19B/111, 02-677 Warszawa, Poland
Electronic delivery address
AE:PL-66729-19989-SRFTW-20
Financials
Revenue history (in k)
Filing timeliness
Financial statements were filed on time, on average 48 days early.
- 202530/06/2026
- 202408/04/2025
- 202321/06/2024
- 202223/05/2023
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 2.43mMedianUSD 1.72mAverageUSD 9.24m
Net profit
This companyUSD 44.56kMedianUSD 25.43kAverageUSD 54.81k
Operating costs
This companyUSD 2.38mMedianUSD 1.44mAverageUSD 8.40m
Assets
This companyUSD 253.78kMedianUSD 492.24kAverageUSD 3.61m
Industry
Authorized Representatives
Aliaksandra Knyrovich – President of the Management Board
Svitlana Chemerisova – Management Board Member
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 |
|---|---|---|---|
Marine Star Shipping Ltd | 14,310 | $193,273.91 | 100% |
Beneficial owners
| Person | Rights |
|---|---|
Bank accounts
Registered as a VAT taxpayer on 2022-05-07.
83 1090 1883 0000 0001 5767 0635
84 1020 1055 0000 9202 0630 1222
85 1090 1883 0000 0001 5767 0599
Debt
No entries in the National Debtors Register (KRZ).
Public aid
No public aid cases recorded in the last 10 years.
Competitors
| Name | Revenue | Website | ||
|---|---|---|---|---|
| Polsin Overseas Shipping Ltdsp. z o.o. | $3,473,033.09 | polsin.com.pl | ||
| Topspedsp. z o.o. | $2,526,354.30 | topsped.eu | ||
| Anstar Logisticssp. z o.o. | $2,481,913.45 | anstar-logistics.com.pl | ||
| Ligentia Customs Agencysp. z o.o. | $2,222,364.67 | ligentia.com | ||
| RRASsp. z o.o. | $2,068,100.47 | rras.pl | ||
| Trans-Marine Spedycja Międzynarodowa I Agencja Celnasp. z o.o. | $1,808,142.46 | transmarine.com.pl | ||
| 2 The Cargosp. z o.o. | $560,164.65 | 2thecargo.com | ||
| Gulfstream Tanker Chartering Polandsp. z o.o. | $99,085.44 | gtcbrokers.com | ||
| QSS Baltikasp. z o.o. | $18,458.21 | qss-global.com | ||
| SPT Marinesp. z o.o. | – | spt24.eu |
Change history
| Date | Event | |
|---|---|---|
| 2026-07-01 | Address change (Ul. Jana Dantyszka 18, 02-054, Warszawa → Ul. Cybernetyki 19b/111, 02-677, Warszawa) | |
| 2025-04-29 | Share capital increase (20,000.00 PLN → 715,500.00 PLN) | |
| 2022-04-25 | Entered in the register |
FAQ
The main business activity of Formag Limited focuses on sea transportation agencies activities.
The company was registered in the Polish National Court Register (KRS) on April 25, 2022.
The headquarters is located at: ul. Jana Dantyszka 18, 02-054 Warszawa.
The share capital of the company is PLN 715,500 (approx. $193,274).
The latest available financial statement covers the period from January 1, 2024 to December 31, 2024.
The company reported a revenue of $1,144,776 in 2024, which is an increase of 407.3% compared to 2023.
No, in 2024 the company was not profitable, reporting a net loss of $78,052. For comparison, in 2023 the loss was $2,433, representing a multi-fold increase in the loss compared to 2023.
The largest operating cost category falls under external services. This category amounted to $1,020,840 in 2024, representing 85% of all operating expenses.
Last updated: 2026-10-07