UAB "Time group"

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Okredo company details

Legal status

Active

Company ID

302307264

VAT code

LT100004568016

From 25/03/2009

Incorporation date

18/02/2009

Company's manager/representative

JULIUS GARNELIS, Director

Share capital

2,896.00 EUR

Activity

Retail sale of watches and jewellery in specialized stores

Contacts

Company registration address

Kaunas, Partizanų g. 75K, LT-50308Check the map

Website

www.laikrodziai.lt

Number of employees

+1 *

* during past year

Average wage

1,685.91 €

1,531.18 €

1,840.63 €

+270.93 € *

* during past year

Debts

0.00 €

Debt for business:Unlock

0 € *

* during past year

2023

+19 %

Turnover

5,591,115 €

Credit report

Data sources

Business linkages

Linkages

Monitoring

Changes during the year

Similar companies

363

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Company's value

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UAB "Time group" related persons

Manager

(1)

LR persons: 1

Historical managers: 3

Board

(0)

Historical board members: 0

Shareholder

(1)

LR persons: 1

Historical shareholders: 2

Business linkages

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Sanctions search

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Order report

Name, Surname	Title	Start date	End date	Linkages
JULIUS GARNELIS	Director	28/08/2013	-	5

UAB "Time group" financial ratios

EBITDA margin (%)

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EBIT margin (%)

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EBITDA margin (%)

EBIT margin (%)

Financial statetment report

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Indicator
Turnover (€)
Sales per employee (€)
Profit before tax (€)
Net Profit (€)
Profit per employee (€)
Working capital requirement
Debt-to-equity ratio
Total profitability (%)
Net profitability (%)
Equity (€)
Amounts Payable And Liabilities (€)
Non-current Assets (€)
CurrentAssets (€)
EBITDA margin (%)
EBITDA (€)
EBIT margin (%)
EBIT (€)

2021
4,382,214
248,425
314,114
278,246
15,774
0.42
0.33
19.71
6.35
2,598,071
847,582
1,388,218
2,027,509

2022
4,687,598
295,003
240,346
211,131
13,287
0.34
0.43
21.88
4.50
2,809,202
1,201,173
2,061,930
1,981,595

2023
5,591,115
361,884
169,586
149,741
9,692
0.33
0.36
21.04
2.68
2,958,944
1,053,168
1,841,792
2,169,002

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2023
5,591,115
361,884
169,586
149,741
9,692
0.33
0.36
21.04
2.68
2,958,944
1,053,168
1,841,792
2,169,002

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2023

Turnover (€)

5,591,115 €19 % *

Sales per employee (€)

361,884 €23 % *

Profit before tax (€)

169,586 €-29 % *

Net Profit (€)

149,741 €-29 % *

Profit per employee (€)

9,692 €-27 % *

Working capital requirement

0.33 -2.94 % *

Debt-to-equity ratio

0.36 -16.28 % *

Total profitability (%)

21.04 %-3.84 % *

Net profitability (%)

2.68 %-40.44 % *

Equity (€)

2,958,944 €5 % *

Amounts Payable And Liabilities (€)

1,053,168 €-12 % *

Non-current Assets (€)

1,841,792 €-11 % *

CurrentAssets (€)

2,169,002 €9 % *

*over the last year starting selected period

Credit history

No. of unpaid debts

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Amount of unpaid debts

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Credit report

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Company has debt ?

No. of unpaid debts

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 debts

Sodra debt

STI debt

Courts

Defendant

(0)

No information (company as defendant)Within last 2 years

Plaintiff

(0)

No information (company as plaintiff)Within last 2 years

3rd party

(0)

No information (company as third-party)Within last 2 years

Cases (Company as defendant)

Case No./date	Process parties	Case/Court ruling	Court	No. of court hearings	More
-	-	-	-	-	-

Cases (Company as plaintiff)

Case No./date	Process parties	Case/Court ruling	Court	No. of court hearings	More
-	-	-	-	-	-

Cases (Company as third party)

Case No./date	Process parties	Case/Court ruling	Court	No. of court hearings	More
-	-	-	-	-	-

ESG data

Energy performance of the company's head office building

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 consumption

0 kWh/m²/metai

Co2 emission

19.23 kg/m²/metai

Energy consumption for heating

51.07 kWh/m²/metai

Building function

Prekybos paskirties pastatai

Energy effiency class

A+

Vehicles

Company's eco score according CO² of vehicle fleet

<120

120 - 140

140 - 155

155 - 170

170 - 190

190 - 255

255+

Not determined

Maximum environmental friendliness

Lowest environmental friendliness

Vehicles

CLASS

AMOUNT

(<120)

(120 - 140)

(140 - 155)

(155 - 170)

(170 - 190)

(190 - 255)

(255+)

(Not determined)

Total

Eco score	Brand, model	Category	Engine capacity	Fuel
	Įmonės vardu transporto priemonės neregistruotos	-	-	-

Trademarks

Company registered trademarks

No trademarks found

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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Public negative information

Institution	Support measure
	Redundancy of employees group (number of employees notified, date of announcement)
	Unreliable food processing company
	Tax inspectorate information on payments in cash
	Public procurement office information on unreliable suppliers
	Public procurement office information on those that supplied false data

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Public data

Institution	Support measure
	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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Licenses

Licences, certificates, permits, other licensing documents

Registration number	Term of validity	Licensing authority	Type	Species
29-24-3519 2023-10-30	2023-11-07 - 2026-11-06	Kauno miesto savivaldybės administracija	Permit	Permit to install external advertising
29-24-3519 2023-10-30	2023-11-07 - 2026-11-06	Kauno miesto savivaldybės administracija	Permit	Permit to install external advertising
29-24-2864 2022-10-28	2022-10-31 - 2023-10-30	Kauno miesto savivaldybės administracija	Permit	Permit to install external advertising
29-24-2864 2022-10-28	2022-10-31 - 2023-10-31	Kauno miesto savivaldybės administracija	Permit	Permit to install external advertising
AA003461 2015-10-08	2015-10-08	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

10* during past year

Total value of contracts

4,321 €

Number of announced tenders

0* during past year

Total value of contracts

0 €

Won tenders

Date	Procurer/contractor	Amount	Project
20/03/2025	Vilniaus technologijų ir inžinerijos mokymo centras	40 €	Sieniniai laikrodžiai
10/03/2025	Lietuvos kariuomenės Krašto apsaugos savanorių pajėgų Vyčio apygardos 5-oji rinktinė	525 €	Rankiniai laikrodžiai
30/01/2025	Lietuvos Respublikos vadovybės apsaugos tarnyba	0 €	Rankiniai laikrodžiai
27/01/2025	Lietuvos Respublikos vadovybės apsaugos tarnyba	271 €	Rankiniai laikrodžiai
17/12/2024	Kauno lopšelis-darželis "Mažylis"	177 €	ANTIVIRUSINĖ PROGRAMA

Announced tenders

Date	Procurer/contractor	Amount	Project
-	-	-	-

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BNS News

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Similar companies

363

Company's name	Activity	Legal status	Incorporation date	Turnover	No. of employees
UAB "Brasco fashion" Vilnius, Žirmūnų g. 139, LT-09120, 302431785	Retail sale of watches and jewellery in specialized stores	Active	04/09/2009	1,5-2 M € +7.21 %	22
UAB "AUKSO STILIUS" Klaipėda, Tiltų g. 11-1, LT-91249, 302492820	Retail sale of watches and jewellery in specialized stores	Active	25/03/2010	2-5 M € +4.53 %	29 +5
UAB "Aurilė" Kretinga, Rotušės a. 5, LT-97140, 164128355	Retail sale of watches and jewellery in specialized stores	Active	09/12/1993	2-5 M € +12.60 %	18
UAB "Soveltas" Kauno r. sav., Domeikavos sen., Šakių k., Šiaurinė g. 11, LT-47412, 135144940	Retail sale of watches and jewellery in specialized stores	Active	08/04/1998	2-5 M € -7.06 %	17 -4
UAB "Business group" Vilnius, Stiklių g. 7-17, LT-01131, 302671321	Retail sale of watches and jewellery in specialized stores	Active	29/09/2011	5-10 M € +23.16 %	26

UAB "Brasco fashion"Vilnius, Žirmūnų g. 139, LT-09120

Active

Category:

Retail sale of watches and jewellery in specialized stores

Comp. code:

302431785

Reg. date:

04/09/2009

Turnover:

1,5-2 M €

No. of employees:

UAB "AUKSO STILIUS"Klaipėda, Tiltų g. 11-1, LT-91249

Active

Category:

Retail sale of watches and jewellery in specialized stores

Comp. code:

302492820

Reg. date:

25/03/2010

Turnover:

2-5 M €

No. of employees:

UAB "Aurilė"Kretinga, Rotušės a. 5, LT-97140

Active

Category:

Retail sale of watches and jewellery in specialized stores

Comp. code:

164128355

Reg. date:

09/12/1993

Turnover:

2-5 M €

No. of employees:

UAB "Soveltas"Kauno r. sav., Domeikavos sen., Šakių k., Šiaurinė g. 11, LT-47412

Active

Category:

Retail sale of watches and jewellery in specialized stores

Comp. code:

135144940

Reg. date:

08/04/1998

Turnover:

2-5 M €

No. of employees:

UAB "Business group"Vilnius, Stiklių g. 7-17, LT-01131

Active

Category:

Retail sale of watches and jewellery in specialized stores

Comp. code:

302671321

Reg. date:

29/09/2011

Turnover:

5-10 M €

No. of employees:

Description

About 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 in specialized stores, 47.77.00. Company is owned by 1 shareholder. Company's representation right – Sole representation.
In 2023 UAB "Time group" turnover was 5,591,115 EUR, gross profit 149,741 EUR. According to SODRA company has 15 employees. UAB "Time group" is registered at – Kaunas, Partizanų g. 75K, LT-50308.

All data about UAB "Time group" is up to date and consistent with the primary data source.

Summary

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Fin. data

Credit hist.