Titanium Systems OÜ

Registry code 10955148 · Active (R Registrisse kantud)

Titanium Systems OÜ is an osaühing registered in Tartu linn, Estonia, incorporated on 19 Jun 2003. Its registered activity is programmeerimine. Its latest published accounts for the period ending 31 Dec 2022 show equity of €11.3m, total assets of €11.5m, turnover of €3.6m, a result of €1.3m. It has filed 4 sets of accounts, 1 of them after the deadline. 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
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 type3.2×small · 0.14 % became insolvent
Equity (signed log)3.0×≥ 5.46198 · 0.13 % became insolvent

Lowers the risk

Current ratio0.2×≥ 10 · 0.01 % became insolvent
Equity ratio0.2×0.865495–1 · 0.01 % became insolvent
Current liabilities ÷ assets0.4×0.0109453–0.125535 · 0.02 % became insolvent
Industry0.5×62 · 0.02 % became insolvent
Operating margin0.5×0.329898–0.747628 · 0.02 % became insolvent
Filing delay of last accounts (days)0.8×78–145 · 0.03 % 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
10955148 · official register
Status
R Registrisse kantud
Legal form
Osaühing
Incorporated
19 Jun 2003 (23 years)
Registered address
51005 Tartu linn
County
Tartu County
Activity
62101 Programmeerimine
Industry
Computer programming and consultancy
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts EUR

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 202215 May 2023€3.6m €1.3m€11.3m€11.5m €130k€1.5m8
31 Dec 202129 Jul 2022€2.8m €1.2m€10.1m€10.1m €66k€1.0m10
31 Dec 20202 Jul 2021€1.1m −€1.9m€8.8m€9.0m €123k€516k11
31 Dec 201926 Jun 2020€3.1m €1.7m€10.7m€10.8m €77k€477k17

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

Similar companies in Tartu County

Questions about Titanium Systems OÜ

What is the registry code of Titanium Systems OÜ?

Titanium Systems OÜ is registered under registry code 10955148 in the official register of Estonia. View it at the official register.

Is Titanium Systems OÜ still active?

Yes. Titanium Systems OÜ is registered as active (status: R Registrisse kantud).

Has Titanium Systems OÜ gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for Titanium Systems OÜ in the official data.

How likely is Titanium Systems OÜ to become insolvent?

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

When was Titanium Systems OÜ founded?

Titanium Systems OÜ was incorporated on 19 Jun 2003.

Where is Titanium Systems OÜ registered?

Titanium Systems OÜ's registered address is in 51005 Tartu linn (Tartu County), Estonia.

What do the latest accounts of Titanium Systems OÜ show?

The latest published accounts (period ending 31 Dec 2022) show equity of €11.3m, total assets of €11.5m, turnover of €3.6m, a result of €1.3m, 8 employees.

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