Timberworks OÜ

Registry code 16109928 · Active (R Registrisse kantud)

Timberworks OÜ is an osaühing registered in Saku vald, Estonia, incorporated on 30 Nov 2020. Its registered activity is elamute ja mitteeluhoonete ehitus. Its latest published accounts for the period ending 31 Dec 2025 show equity of €5,135, total assets of €11k, turnover of €40k, a result of €1,150. It has filed 5 sets of accounts. Our model estimates a 0.03 % probability that it becomes insolvent within 12 months, 0.7 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.03 %
Low risk
Lowest riskHighest risk

Higher than 87 % of active companies in Estonia. 0.7× the average annual insolvency rate (0.04 %).

Raises the risk

Employees5.0×≥ 2 · 0.22 % became insolvent
Current liabilities ÷ assets3.4×0.457461–0.881637 · 0.15 % became insolvent
Accounts type3.2×small · 0.14 % became insolvent
Accounts filed2.6×5–6 · 0.11 % became insolvent
Operating margin2.6×-0.034587–0.0634372 · 0.11 % became insolvent
Industry2.4×41 · 0.10 % became insolvent

Lowers the risk

Total assets (log)0.2×3.5432–4.27814 · 0.01 % became insolvent
Turnover (log)0.4×4.15232–4.77944 · 0.02 % became insolvent
Cash ÷ assets0.4×0.37634–0.901325 · 0.02 % became insolvent
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
Equity (signed log)0.6×3.39915–4.0125 · 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
16109928 · official register
Status
R Registrisse kantud
Legal form
Osaühing
Incorporated
30 Nov 2020 (6 years)
Registered address
75513 Saku vald
County
Harju County
Activity
41001 Elamute ja mitteeluhoonete ehitus
Industry
Construction of buildings
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts EUR

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 202518 Mar 2026€40k €1,150€5,135€11k €5,249€5,4302
31 Dec 20248 Jun 2025€40k −€2,616€3,985€12k €5,425€4,9072
31 Dec 202325 Jan 2024€33k −€2,382€6,601€17k €5,761€5,4212
31 Dec 202213 Feb 2023€36k €5,719€8,983€21k €5,242€4,4312
31 Dec 202121 Feb 2022€14k €3,564€6,064€7,934 €1,870€3,1241

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

Similar companies in Harju County

Questions about Timberworks OÜ

What is the registry code of Timberworks OÜ?

Timberworks OÜ is registered under registry code 16109928 in the official register of Estonia. View it at the official register.

Is Timberworks OÜ still active?

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

Has Timberworks OÜ gone bankrupt or into insolvency?

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

How likely is Timberworks OÜ to become insolvent?

Our model estimates a 0.03 % probability that Timberworks OÜ becomes insolvent within the next 12 months (low risk). That is higher than 87 % of active companies in Estonia.

When was Timberworks OÜ founded?

Timberworks OÜ was incorporated on 30 Nov 2020.

Where is Timberworks OÜ registered?

Timberworks OÜ's registered address is in 75513 Saku vald (Harju County), Estonia.

What do the latest accounts of Timberworks OÜ show?

The latest published accounts (period ending 31 Dec 2025) show equity of €5,135, total assets of €11k, turnover of €40k, a result of €1,150, 2 employees.

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