Baltic Works OÜ

Registry code 10888570 · Active (R Registrisse kantud)

Baltic Works OÜ is an osaühing registered in Rae vald, Estonia, incorporated on 27 Aug 2002. Its registered activity is muude elektriseadmete tootmine. Its latest published accounts for the period ending 31 Dec 2019 show equity of €3.3m, total assets of €4.1m, turnover of €6.6m, a result of €436k. It has filed 1 set of accounts. Our model estimates a 0.51 % probability that it becomes insolvent within 12 months, 11.8 times the average for active companies (very high risk).

Insolvency risk, next 12 months

0.51 %
Very high risk
Lowest riskHighest risk

Higher than 97 % of active companies in Estonia. 11.8× the average annual insolvency rate (0.04 %).

Raises the risk

Turnover (log)7.0×≥ 5.4665 · 0.30 % became insolvent
Industry5.8×27 · 0.25 % became insolvent
Total assets (log)5.7×≥ 5.65704 · 0.25 % became insolvent
Employees5.0×≥ 2 · 0.22 % became insolvent
Days since last period end3.5×≥ 598 · 0.15 % became insolvent
Accounts type3.5×medium · 0.15 % became insolvent

Lowers the risk

Share of filings late0.6×0–0.166667 · 0.03 % became insolvent
Filing delay of last accounts (days)0.6×< 78 · 0.03 % became insolvent
Late filings0.7×0–1 · 0.03 % became insolvent
Company age (years)0.7×≥ 24.1304 · 0.03 % became insolvent
Current ratio0.7×2.76653–10 · 0.03 % became insolvent
Equity ratio0.9×0.449429–0.865495 · 0.04 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.96, trained 6 Nov 2026), not a credit rating. How it works.

Company details

Registry code
10888570 · official register
Status
R Registrisse kantud
Legal form
Osaühing
Incorporated
27 Aug 2002 (24 years)
Registered address
75301 Rae vald
County
Harju County
Activity
27901 Muude elektriseadmete tootmine
Industry
Manufacture of electrical equipment
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts EUR

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 201922 Feb 2020€6.6m €436k€3.3m€4.1m €754k€102k32

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Harju County

Questions about Baltic Works OÜ

What is the registry code of Baltic Works OÜ?

Baltic Works OÜ is registered under registry code 10888570 in the official register of Estonia. View it at the official register.

Is Baltic Works OÜ still active?

Yes. Baltic Works OÜ is registered as active (status: R Registrisse kantud).

Has Baltic Works OÜ gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for Baltic Works OÜ in the official data.

How likely is Baltic Works OÜ to become insolvent?

Our model estimates a 0.51 % probability that Baltic Works OÜ becomes insolvent within the next 12 months (very high risk). That is higher than 97 % of active companies in Estonia.

When was Baltic Works OÜ founded?

Baltic Works OÜ was incorporated on 27 Aug 2002.

Where is Baltic Works OÜ registered?

Baltic Works OÜ's registered address is in 75301 Rae vald (Harju County), Estonia.

What do the latest accounts of Baltic Works OÜ show?

The latest published accounts (period ending 31 Dec 2019) show equity of €3.3m, total assets of €4.1m, turnover of €6.6m, a result of €436k, 32 employees.

Data: e-Business Register (Centre of Registers and Information Systems, RIK) – open data (CC BY 4.0). Last updated 6 Nov 2026.