Simple Work Service OÜ

Registry code 16302252 · Active (R Registrisse kantud)

Simple Work Service OÜ is an osaühing registered in Tallinn, Estonia, incorporated on 31 Aug 2021. Its registered activity is kütte-, ventilatsiooni- ja kliimaseadmete paigaldus, remont ja hooldus. Its latest published accounts for the period ending 31 Dec 2025 show equity of €68k, total assets of €87k, turnover of €321k, a result of €50k. It has filed 5 sets of accounts, 1 of them after the deadline. Our model estimates a 0.01 % probability that it becomes insolvent within 12 months, 0.3 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.01 %
Low risk
Lowest riskHighest risk

Higher than 79 % of active companies in Estonia. 0.3× the average annual insolvency rate (0.04 %).

Raises the risk

Turnover (log)7.0×≥ 5.4665 · 0.30 % became insolvent
Employees5.0×≥ 2 · 0.22 % became insolvent
Accounts filed2.6×5–6 · 0.11 % became insolvent
Equity (signed log)2.2×4.77424–5.46198 · 0.09 % became insolvent
Late filings1.8×1–3 · 0.08 % became insolvent
Turnover growth1.6×0.31442–1.31618 · 0.07 % became insolvent

Lowers the risk

Accounts type0.1×micro · 0.01 % became insolvent
Cash ÷ assets0.4×0.37634–0.901325 · 0.02 % became insolvent
Return on assets0.4×≥ 0.54679 · 0.02 % became insolvent
Total assets (log)0.5×4.27814–4.98561 · 0.02 % became insolvent
Filing delay of last accounts (days)0.6×145–177 · 0.03 % became insolvent
Days since last period end0.7×260–365 · 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
16302252 · official register
Status
R Registrisse kantud
Legal form
Osaühing
Incorporated
31 Aug 2021 (5 years)
Registered address
13512 Tallinn
County
Harju County
Activity
43221 Kütte-, ventilatsiooni- ja kliimaseadmete paigaldus, remont ja hooldus
Industry
Specialised construction activities
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts EUR

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 202515 Jun 2026€321k €50k€68k€87k €19k€33k6
31 Dec 202413 May 2025€161k €60k€65k€77k €12k€49k9
31 Dec 20232 Jun 2024€25k €2,747€7,570€16k €8,330€8,8821
31 Dec 202214 Jan 2023€12k €4,674€6,960€6,960 €0€5,3800
31 Dec 202130 Oct 2022€4,089 −€214€2,286€6,286 €4,000€3,4190

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

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Questions about Simple Work Service OÜ

What is the registry code of Simple Work Service OÜ?

Simple Work Service OÜ is registered under registry code 16302252 in the official register of Estonia. View it at the official register.

Is Simple Work Service OÜ still active?

Yes. Simple Work Service OÜ is registered as active (status: R Registrisse kantud).

Has Simple Work Service OÜ gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for Simple Work Service OÜ in the official data.

How likely is Simple Work Service OÜ to become insolvent?

Our model estimates a 0.01 % probability that Simple Work Service OÜ becomes insolvent within the next 12 months (low risk). That is higher than 79 % of active companies in Estonia.

When was Simple Work Service OÜ founded?

Simple Work Service OÜ was incorporated on 31 Aug 2021.

Where is Simple Work Service OÜ registered?

Simple Work Service OÜ's registered address is in 13512 Tallinn (Harju County), Estonia.

What do the latest accounts of Simple Work Service OÜ show?

The latest published accounts (period ending 31 Dec 2025) show equity of €68k, total assets of €87k, turnover of €321k, a result of €50k, 6 employees.

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