UAB "Time group"
Copy
CopyCompany details
Legal status
ActiveLegal form
Private Limited Liability CompanyCompany ID
302307264Copy
CopyVAT code
LT100004568016Copy
CopyFrom 25/03/2009
Incorporation date
18/02/2009Company's manager/representative
Julius Garnelis, DirectorCopy
CopyShare capital
2,896.00 EURContacts
Company registration address
Kaunas, Partizanų g. 75K, LT-50308Check the map
Copy
Pre-Score is a financial health assessment model developed by our partner SCORIFY and based on publicly available company data. It assesses financial health using open data, including financial ratios, court records, credit history, and other relevant information. Insolvency risk is assessed using SCORIFY GOscore, available in a company’s credit report.Important: Pre-Score represents SCORIFY’s opinion, expressed using a defined assessment scale. This opinion may differ from how creditors or the company itself assess its financial reliability.
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B
HighHighest reliabilityLowest reliability
Reliability
A - Highest
B - HighC - Average
D - Low
E - Lowest
Fair Business loans
Borrow for business up to 50 000 € without collateralApply for a loan
Data on insured persons (natural persons) whose state social insurance commencement has been notified by the employer to the SSIFB.More information: www.sodra.lt
Number of employees
16
+1 ** during past year
The average wage - the amount of wages or other income on which social security contributions are paid. This data is disclosed only if company has more than 3 employees.Average wage
2,022.93 €
2,066.04 €
1,973.68 €+110.66 € ** during past year
Debts
No debts
0 € ** during past year
-4 %Turnover
6,134,194 €Credit report
25
Data sourcesBusiness linkages
5
LinkagesMonitoring
29
Changes during the yearSimilar companies
512
Similar companiesThe value of a company is calculated by our partner UAB SCORIFY and is based on Excess return model. It measures the ability of business to generate value added profit in both - short and long term.The calculations of Escess return model use main profitability and growth ratios, that are also assessed by analyzing company`s financial state.
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Company's value
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with Freemium unlimitedCredit limit is a product of our partner, credit risk assessment and artificial intelligence professional company SCORIFY. The credit limit calculation is based on financial statement data provided by company to Register of Legal Entities and statistical credit risk assessment model of GO score - UAB SCORIFY. Main financial ratios used in calculation of credit limit are:
- Tangible assets.
- Working capital.
- Sales.
- Efficiency ratios.
- Profitability ratios.
- Liquidity ratios.
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Credit limit
EstimatedRelated persons
Name, Surname  | Title | Start date | End date | Linkages |
|---|---|---|---|---|
Julius Garnelis | Director | 28/08/2013 | present | 5 |
Financial ratios
EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization and is a metric used to evaluate a company’s operating performance. It can be seen as a proxy for cash flow from the entire company’s operations.EBITDA margin (%)
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with Freemium unlimitedEBIT margin shows the profitability of a company over a certain period of time.EBIT margin (%)
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| Indicator |
|---|
| Turnover (€)From 2022 the financial data of public bodies, associations and charities and support funds shows the total income, which is the sum of sales income, financing income and all other income. |
| Sales per employee (€)Sales per employee is a popular efficiency indicator that is often used to measure a company's performance. The average annual number of employees is usually used to calculate the indicator. |
| Profit before tax (€) |
| Net Profit (€) |
| Profit per employee (€)This ratio is on of company's growth indicators. It shows how much profit per employee is earned by the company. |
| Total profitability (%)It is an indicator of company's performance efficiency, calculated as ratio of gross profit to sales revenue. |
| Net profitability (%)This ratio is commonly referred to as a company’s “bottom line” and is a true indicator of a company’s profitability. It shows how much a net profit of € 1 (or other monetary unit) is generated by sales. |
| Equity (€) |
| Amounts Payable And Liabilities (€) |
| Non-current Assets (€) |
| CurrentAssets (€) |
| Working capital requirementThe working capital requirement indicator shows how much funds a company needs to develop and maintain a business. |
| Debt-to-equity ratioThe debt-to-equity ratio is used to evaluate a company's financial leverage and is calculated by dividing a company’s total liabilities by its shareholder equity.
This ratio is a measure of the degree to which a company is financing its operations through debt versus wholly owned funds. More specifically, it reflects the ability of shareholder equity to cover all outstanding debts in the event of a business downturn. |
| EBITDA margin (%)EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization and is a metric used to evaluate a company’s operating performance. It can be seen as a proxy for cash flow from the entire company’s operations. |
| EBITDA (€)EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. Lenders use EBITDA to calculate a company’s ability to repay a loan and pay interest. |
| EBIT margin (%)EBIT margin shows the profitability of a company over a certain period of time. |
| EBIT (€)EBIT (earnings before interest and taxes) is a company's net income before income tax expense and interest expenses are deducted. EBIT is used to analyze the performance of a company's core operations without the costs of the capital structure and tax expenses impacting profit. |
| 2023 |
|---|
| 5,591,115 |
| 361,884 |
| 169,586 |
| 149,741 |
| 9,692 |
| 21.04 |
| 2.68 |
| 2,958,944 |
| 1,053,168 |
| 1,841,792 |
| 2,169,002 |
| 2024 |
|---|
| 6,361,498 |
| 412,014 |
| 166,862 |
| 146,738 |
| 9,504 |
| 22.30 |
| 2.31 |
| 3,105,682 |
| 1,063,122 |
| 1,781,174 |
| 2,388,013 |
| 2025 |
|---|
| 6,134,194 |
| 401,715 |
| 254,980 |
| 221,625 |
| 14,514 |
| 22.50 |
| 3.61 |
| 3,327,307 |
| 1,026,202 |
| 1,525,008 |
| 2,833,614 |
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with Freemium unlimited| 2025 |
|---|
| 6,134,194 |
| 401,715 |
| 254,980 |
| 221,625 |
| 14,514 |
| 22.50 |
| 3.61 |
| 3,327,307 |
| 1,026,202 |
| 1,525,008 |
| 2,833,614 |
Enjoy unlimited use
with Freemium unlimited2025
Turnover (€)
6,134,194 €
-4 % *
Sales per employee (€)
401,715 €-3 % *
Profit before tax (€)
254,980 €
53 % *
Net Profit (€)
221,625 €51 % *
Profit per employee (€)
14,514 €53 % *
Total profitability (%)
22.50 %0.90 % *
Net profitability (%)
3.61 %56.28 % *
Equity (€)
3,327,307 €7 % *
Amounts Payable And Liabilities (€)
1,026,202 €
-3 % *
Non-current Assets (€)
1,525,008 €-14 % *
CurrentAssets (€)
2,833,614 €
19 % *
Credit history
No. of unpaid debts
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Price: €35.99 | 1.00 credit
Company has debt ?
No. of unpaid debts
0
Largest debt
-
Amount of unpaid debts
€0.00
Oldest open debt
-
Unpaid debts
Creditor/Data source | Debt amount | Debt date | Debt type |
|---|---|---|---|
- | - | - | - |
Debts payment history
Creditor/Data source | Debt amount | Debt date / Payment date | Debt type |
|---|---|---|---|
- | - | - | - |
Tax debtsSODRA debt is the amount of national social security contributions, fines, late payment penalties and interest that company should have been paid in accordance with the legislation 2 working days before the date of debt public disclosure. Deferred debt is a debt for which the due date has been postponed in accordance with the procedure provided for by law and has not yet expired. Debts is updated only on working days, except for the first working day after the public holiday.
SODRA debt is the amount of national social security contributions, fines, late payment penalties and interest that company should have been paid in accordance with the legislation 2 working days before the date of debt public disclosure. Deferred debt is a debt for which the due date has been postponed in accordance with the procedure provided for by law and has not yet expired. Debts is updated only on working days, except for the first working day after the public holiday.
Sodra debt
STI debtCourts
Defendant
(0)
Plaintiff
(0)
3rd party
(0)
UAB "Time group" has no court cases
UAB "Time group" has no registered court cases as defendant or plaintiff within the last 2 years.
ESG data
Energy performance of the company's head office building
Information is provided on the basis of public data about building energy efficiency certification published by State Agency of Construction Sector Development.More information: https://www.ssva.lt
Energy efficiency
A+
AddressKaunas, Partizanų g. 75K, LT-50308
Certificate No.PR-0633-00233
Date of issue17/05/2022
Valid till17/05/2032
Heated area837.27 m²
Heat sourceŠil.įrenginys_1: Šilumos tinklai + pastato šilumos punktas
Energy consumptionEnergy consumption (kWh/m²/year) - Calculated total energy consumption per square metre of the useful floor area of a building (part of a building).
0 kWh/m²/metaiEnergy consumption (kWh/m²/year) - Calculated total energy consumption per square metre of the useful floor area of a building (part of a building).Co2 emissionCO₂ - the annual carbon dioxide emissions of a building (part of a building).
19.23 kg/m²/metaiCO₂ - the annual carbon dioxide emissions of a building (part of a building).Energy consumption for heating
51.07 kWh/m²/metaiBuilding function
Prekybos paskirties pastataiEnergy effiency class
A+Company fleet
1
The displayed data includes only vehicles operated by the company or both owned and operated by the company. If you would like information about the company's full fleet, please contact us at [email protected]Owned under operator-owner rights: 1
Owned under operator rights: 0
Owned under owner rights: 0
The data is provided only on vehicles that company owns by the right of owner operator or owner-operator. No data will be provided on vehicles that company is financing the purchase of.Company's eco score according CO² of vehicle fleet
Green Index is a unique solution developed by Okredo. This solution allows to estimate the carbon footprint of company's fleet. If WLTP/NEDC carbon footprint data is not provided, then the calculations are made using open technical data of the vehicles provided by the State Enterprise Regitra and the provisions of the Law on Motor Vehicle Registration Tax.The highest level of climate friendlyness applies to those companies, whose vehicles emit no more than 120 g/km of CO2m per vehicle.
<120
120 - 140
140 - 155
155 - 170
170 - 190
190 - 255
255+
Not determinedMaximum environmental friendliness
Lowest environmental friendliness
Vehicles
CLASS
AMOUNT
(<120)1
(120 - 140)0
(140 - 155)0
(155 - 170)0
(170 - 190)0
(190 - 255)0
(255+)0
(Not determined)0
Total
1
Eco score | Brand, model | Category | Engine capacity | First registration | Weight | Fuel |
|---|---|---|---|---|---|---|
0 | BMW IX1 XDRIVE30 | Passenger car | - | 01/09/2023 | 2,085.00 kg | Electricity |
Trademarks
UAB "Time group" has no registered trademarks
UAB "Time group" has not registered any trademarks in Lithuania.
Public data
Govermental support
Institution | Support measure |
|---|---|
 | Covid 19 aid measures (subsidies, compensation) in 2020 - 2022 |
| Covid 19 aid measures (loans) in 2020 - 2022 |
| ILTE business promotion measures (guarantees provided) in 2021 |
 | Subsidies for downtime in 2020 |
| Subsidies to preserve work places |
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Data source | Information |
|---|---|
| Redundancy of employees group (number of employees notified, date of announcement) |
 | Tax inspectorate information on payments in cash |
 | Public procurement office information on unreliable suppliers |
| Public procurement office information on those that supplied false data |
| Public procurement office information on possible disqualification from public procurement procedures |
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with Freemium unlimitedPublic data
Data source | Information |
|---|---|
 | Data from the B2Lithuania database of exporters |
| The biggest taxpayers in 2021 |
| Top taxpayers in 2021 excluding excise duties and VAT. |
| Top personal income tax payers in 2021 |
| Top taxpayers for corporate income tax in 2021 |
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with Freemium unlimitedLicenses
Licences, certificates, permits, other licensing documents
5
Registration number | Term of validity From / To | Licensing authority | Type | Species |
|---|---|---|---|---|
29-24-3519 2023-10-30 | 07/11/2023 / 06/11/2026 | Kauno miesto savivaldybės administracija | Permit | Permit to install external advertising |
29-24-3519 2023-10-30 | 07/11/2023 / 06/11/2026 | Kauno miesto savivaldybės administracija | Permit | Permit to install external advertising |
29-24-2864 2022-10-28 | 31/10/2022 / 30/10/2023 | Kauno miesto savivaldybės administracija | Permit | Permit to install external advertising |
29-24-2864 2022-10-28 | 31/10/2022 / 31/10/2023 | Kauno miesto savivaldybės administracija | Permit | Permit to install external advertising |
AA003461 2015-10-08 | 08/10/2015 / No end date | Viešoji įstaiga Lietuvos prabavimo rūmai | Identification | Certificate of registration in the list of economic entities engaged in activities related to precious metals and gemstones |
Public procurement
No. of won tenders
0* during past yearTotal value of contracts
0 €Number of announced tenders
0* during past yearTotal value of contracts
0 €Won tenders
Date | Procurer/contractor | Amount | Project |
|---|---|---|---|
17/06/2025 | Kauno rajono savivaldybės administracija | 13,100 € | Rankiniai laikrodžiai |
10/06/2025 | Viešoji įstaiga Raseinių pirminės sveikatos priežiūros centras | 3,000 € | Laikrodiniai jungikliai |
09/06/2025 | Vilniaus apskrities vyriausiasis policijos komisariatas | 480 € | Rankiniai laikrodžiai |
23/05/2025 | Lietuvos kariuomenės Mechanizuotosios pėstininkų brigados "Geležinis vilkas" Didžiosios kunigaikštienės Birutės ulonų batalionas | 6,050 € | LAIKRODIS MECHANINIS UNIVERSALUS |
14/04/2025 | Lietuvos kariuomenės Pėstininkų brigados "Geležinis vilkas" Didžiosios kunigaikštienės Birutės ulonų batalionas | 1,380 € | Rankiniai laikrodžiai |
Announced tenders
Date | Procurer/contractor | Amount | Project |
|---|---|---|---|
- | - | - | - |
Archive of articles
Data source | Article | Date |
|---|---|---|
 | ||
| ||
| ||
| ||
|
BNS News
0
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19Description
CopyAbout UAB "Time group"
UAB "Time group" was established in 18/02/2009, its legal status according to data of Registry of Legal Entities is Active.Main activity of the company according NACE2 classification – Retail sale of watches and jewellery (47.77.00 - EVRK 2.1), 47.77.00. Company is owned by 1 shareholder. Company's representation right – Sole representation.
In 2025 UAB "Time group" turnover was 6,134,194 EUR, gross profit 221,625 EUR. According to SODRA company has 16 employees. UAB "Time group" is registered at – Kaunas, Partizanų g. 75K, LT-50308.
Business objectives of the company as officially recorded in the Register of Legal Entities: Siekti pelno, racionaliai naudoti bendrovės lėšas, turtą bei kitus išteklius, užtikrinti turtinius akcininkų interesus. Veiklos objektas: informacinės paslaugos (no translation available)
All data about UAB "Time group" is up to date and consistent with the primary data source.
Frequently Asked Questions
What is UAB "Time group" activity?
UAB "Time group" operates in retail sale of watches and jewellery (47.77.00 - evrk 2.1).
What is UAB "Time group" revenue?
According to the latest available data, UAB "Time group" revenue was 6,134,194 EUR in 2025.
Who is the manager of UAB "Time group"?
The manager of UAB "Time group" is Julius Garnelis (Director).
What are the details of UAB "Time group"?
Company code: 302307264
VAT code: LT100004568016
Registered address: Kaunas, Partizanų g. 75K, LT-50308
What is UAB "Time group" company code?
UAB "Time group" company code is 302307264.
Is UAB "Time group" a reliable company?
UAB "Time group" Pre-Score* rating is B, which indicates a high level of reliability.
* Pre-Score is a financial health assessment model developed by our partner SCORIFY and based on publicly available company data. It assesses financial health using open data, including financial ratios, court records, credit history, and other relevant information. Insolvency risk is assessed using SCORIFY GOscore, available in a company’s credit report.How many employees does UAB "Time group" have?
UAB "Time group" has 16 employees (2026-08-28).
What is UAB "Time group" registered address?
UAB "Time group" registered address is Kaunas, Partizanų g. 75K, LT-50308.
Does UAB "Time group" have debts?
UAB "Time group" has no registered debts.