Velvetech OÜ

Registry code 16348254 · Active (R Registrisse kantud)

Velvetech OÜ is an osaühing registered in Tallinn, Estonia, incorporated on 22 Oct 2021. Its registered activity is muude nahktoodete ja mistahes materjalist sarnaste toodete tootmine. Its latest published accounts for the period ending 31 Dec 2025 show equity of €290, total assets of €290, turnover of €0, a result of −€24. It has filed 4 sets of accounts. Our model estimates a 0.01 % probability that it becomes insolvent within 12 months, 0.1 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.01 %
Low risk
Lowest riskHighest risk

Higher than 52 % of active companies in Estonia. 0.1× the average annual insolvency rate (0.04 %).

Raises the risk

Industry5.0×15 · 0.21 % became insolvent
Return on assets1.8×-0.338137–-0.0285758 · 0.08 % became insolvent
Loss1.7×1 · 0.07 % became insolvent
Equity change ÷ assets1.6×-0.398679–-0.0589681 · 0.07 % became insolvent
Accounts filed1.5×0–5 · 0.07 % became insolvent
Region1.3×Harju · 0.05 % became insolvent

Lowers the risk

Total assets (log)0.1×< 2.84323 · 0.00 % became insolvent
Accounts type0.1×micro · 0.01 % became insolvent
Equity ratio0.2×≥ 1 · 0.01 % became insolvent
Turnover (log)0.3×0–3.00043 · 0.01 % became insolvent
Equity (signed log)0.3×1.04139–3.39915 · 0.01 % became insolvent
Employees0.4×0–1 · 0.02 % 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
16348254 · official register
Status
R Registrisse kantud
Legal form
Osaühing
Incorporated
22 Oct 2021 (5 years)
Registered address
10922 Tallinn
County
Harju County
Activity
15129 Muude nahktoodete ja mistahes materjalist sarnaste toodete tootmine
Industry
Manufacture of leather products
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts EUR

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 202528 Jun 2026€0 −€24€290€290 ––0
31 Dec 202429 Jun 2025€106 €5€314€314 ––0
31 Dec 202316 Jun 2024€452 €309€309€309 ––0
31 Dec 202229 Jun 2023– €0–€0 ––0

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

Similar companies in Harju County

Questions about Velvetech OÜ

What is the registry code of Velvetech OÜ?

Velvetech OÜ is registered under registry code 16348254 in the official register of Estonia. View it at the official register.

Is Velvetech OÜ still active?

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

Has Velvetech OÜ gone bankrupt or into insolvency?

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

How likely is Velvetech OÜ to become insolvent?

Our model estimates a 0.01 % probability that Velvetech OÜ becomes insolvent within the next 12 months (low risk). That is higher than 52 % of active companies in Estonia.

When was Velvetech OÜ founded?

Velvetech OÜ was incorporated on 22 Oct 2021.

Where is Velvetech OÜ registered?

Velvetech OÜ's registered address is in 10922 Tallinn (Harju County), Estonia.

What do the latest accounts of Velvetech OÜ show?

The latest published accounts (period ending 31 Dec 2025) show equity of €290, total assets of €290, turnover of €0, a result of −€24, 0 employees.

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