Overview
Status
Active
Registry date
2023-03-28
Share capital
100,000.00 PLN
Registered address
ul. Lwowska 7/7, 00-660 Warszawa, Poland
Electronic delivery address
AE:PL-29920-94905-GHSJB-25
Financials
Revenue history (in m)
Filing timeliness
1 of 4 financial statements was filed late (for 2024, 16 days late).
- 2025filed
- 202431/07/2025
- 202306/07/2024
- 202215/07/2023
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 10.44mMedianUSD 151.81kAverageUSD 2.18m
Net profit
This companyUSD 1.86mMedianUSD 2.23kAverageUSD 191.82k
Operating costs
This companyUSD 8.19mMedianUSD 124.32kAverageUSD 1.88m
Assets
This companyUSD 12.13mMedianUSD 276.42kAverageUSD 3.04m
Industry
Authorized Representatives
Tomasz Ireneusz Hrycyna – President of the Management Board
Leszek Michał Paczyński – Attorney-in-fact (sole)
Manner of representation
Each member of the management board is entitled to represent the company independently.
Ownership
| Owner | Shares | Share value | Stake |
|---|---|---|---|
Domus Fundacja Rodzinna | 20 | $2,701.24 | 10% |
Infiniti Fundacja Rodzinna | 180 | $24,311.18 | 90% |
Beneficial owners
| Person | Rights |
|---|---|
Subsidiaries
| Name | Share value | Stake | ||
|---|---|---|---|---|
LW Development 10sp. z o.o. | 8,103.73 USD | 10% |
Bank accounts
Registered as a VAT taxpayer on 2006-05-01.
06 1050 1012 1000 0024 4176 7916
48 1240 6292 1111 0010 8013 0722
23 1240 6292 1978 0010 7709 0619
Debt
No entries in the National Debtors Register (KRZ).
Public aid
| Grant date | Purpose | Gross amount | Granting body | |
|---|---|---|---|---|
| May 19, 2020 | Aid compensating for the negative economic consequences of COVID-19, granted in limited amounts | $236.3K$236,331 | Polski Fundusz Rozwoju S.A. | |
| Mar 27, 2020 | De minimis aid (in accordance with Commission Regulation No 1407/2013 or earlier) | $10,257$10,257 | Prezes Banku Gospodarstwa Krajowego | |
| Oct 19, 2018 | De minimis aid (in accordance with Commission Regulation No 1407/2013 or earlier) | $3,321$3,321 | Prezes Banku Gospodarstwa Krajowego |
Regulatory authorisations
| Authority | Type | Status | |
|---|---|---|---|
| BDO register entry | Active |
Competitors
| Name | Revenue | Website | ||
|---|---|---|---|---|
| TotalbudP.S.A. | $4,194,045.34 | totalbud.pl | ||
| Nowa Budsp. z o.o. | $3,114,393.86 | nowa-bud.pl | ||
| Modularensp. z o.o. | $2,167,860.45 | modularen.com | ||
| Versacorpsp. z o.o. | $1,344,333.51 | versacorp.eu | ||
| MS Waryński DevelopmentS.A. | $1,111,996.73 | warynski.pl | ||
| J-Property Bis M. Jędrzejewski, I. Stępniewskisp. j. | $600,002.82 | jproperty.pl | ||
| Etapsp. z o.o. | $320,890.77 | etap-balicki.pl | ||
| Julikasp. z o.o. | $99,626.55 | julikahome.pl | ||
| Domkowisko.Plsp. z o.o. | $22,696.40 | domkowisko.pl | ||
| ESG Constructionsp. z o.o. | $5,337.86 | esgconstruction.eu |
Change history
| Date | Event | |
|---|---|---|
| 2025-11-04 | Name change (Lw Development Leszek Paczyński → Grupa Lw Development) | |
| 2025-11-04 | PKD change (Removed: 7 codes; Added: 7 codes) | |
| 2025-03-18 | Switch to PKD 2025 (8 PKD 2007 codes → 8 PKD 2025 codes) | |
| 2023-03-28 | Entered in the register |
FAQ
The main business activity of Grupa Lw Development focuses on construction of residential buildings.
The company was registered in the Polish National Court Register (KRS) on March 28, 2023.
The headquarters is located at: ul. Lwowska 7, 00-660 Warszawa.
The share capital of the company is PLN 100,000 (approx. $27,012).
The latest available financial statement covers the period from January 1, 2024 to December 31, 2024.
The company reported a revenue of $12,194,307 in 2024, which is an increase of 145.2% compared to 2023.
Yes, the company recorded a net profit of $2,274,856 in 2024, meaning the company increased its profit by 61.7%.
The largest operating cost category falls under cost of goods and materials sold. This category amounted to $8,691,592 in 2024, representing 92% of all operating expenses.
Last updated: 2026-04-21