Leather World OÜ

Registry code 11492259 · Active (R Registrisse kantud)

Leather World OÜ is an osaühing registered in Tallinn, Estonia, incorporated on 21 Apr 2008. Its registered activity is toor- ja parknaha hulgimüük. Its latest published accounts for the period ending 31 Dec 2025 show equity of €1.3m, total assets of €1.3m, turnover of €190k, a result of €23k. It has filed 7 sets of accounts. Our model estimates a 0.01 % probability that it becomes insolvent within 12 months, 0.2 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.01 %
Low risk
Lowest riskHighest risk

Higher than 65 % of active companies in Estonia. 0.2× the average annual insolvency rate (0.04 %).

Raises the risk

Total assets (log)5.7×≥ 5.65704 · 0.25 % became insolvent
Employees5.0×≥ 2 · 0.22 % became insolvent
Equity (signed log)3.0×≥ 5.46198 · 0.13 % became insolvent
Industry2.6×46 · 0.11 % became insolvent
Operating margin2.5×-0.460928–-0.034587 · 0.11 % became insolvent
Return on assets1.4×0.0114434–0.180779 · 0.06 % became insolvent

Lowers the risk

Accounts filed0.0×≥ 7 · 0.00 % became insolvent
Accounts type0.1×micro · 0.01 % became insolvent
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
Share of filings late0.6×0–0.166667 · 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
11492259 · official register
Status
R Registrisse kantud
Legal form
Osaühing
Incorporated
21 Apr 2008 (19 years)
Registered address
10415 Tallinn
County
Harju County
Activity
46241 Toor- ja parknaha hulgimüük
Industry
Wholesale trade
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts EUR

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 202529 Jun 2026€190k €23k€1.3m€1.3m €16k€350k2
31 Dec 202410 Mar 2025€1.1m €78k€1.2m€1.3m €106k€1.0m2
31 Dec 20231 Feb 2024€933k €124k€1.2m€1.4m €190k€411k2
31 Dec 20221 Jun 2023€1.5m €104k€1.0m€1.0m €7,907€402k1
31 Dec 202113 Feb 2022€1.3m €73k€936k€980k €44k€443k1
31 Dec 202010 Mar 2021€759k €32k€863k€996k €133k€280k1
31 Dec 201916 Mar 2020€729k €43k€830k€1.1m €252k€450k1

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

Similar companies in Harju County

Questions about Leather World OÜ

What is the registry code of Leather World OÜ?

Leather World OÜ is registered under registry code 11492259 in the official register of Estonia. View it at the official register.

Is Leather World OÜ still active?

Yes. Leather World OÜ is registered as active (status: R Registrisse kantud).

Has Leather World OÜ gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for Leather World OÜ in the official data.

How likely is Leather World OÜ to become insolvent?

Our model estimates a 0.01 % probability that Leather World OÜ becomes insolvent within the next 12 months (low risk). That is higher than 65 % of active companies in Estonia.

When was Leather World OÜ founded?

Leather World OÜ was incorporated on 21 Apr 2008.

Where is Leather World OÜ registered?

Leather World OÜ's registered address is in 10415 Tallinn (Harju County), Estonia.

What do the latest accounts of Leather World OÜ show?

The latest published accounts (period ending 31 Dec 2025) show equity of €1.3m, total assets of €1.3m, turnover of €190k, a result of €23k, 2 employees.

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