Circle Development OÜ

Registry code 16940538 · Active (R Registrisse kantud)

Circle Development OÜ is an osaühing registered in Viimsi vald, Estonia, incorporated on 12 Mar 2024. Its registered activity is äri- ja muu juhtimisalane nõustamine. Its latest published accounts for the period ending 31 Dec 2025 show equity of €1.3m, total assets of €1.3m, turnover of €1.7m, a result of €1.1m. It has filed 2 sets of accounts. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.1 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 33 % of active companies in Estonia. 0.1× 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
Equity (signed log)3.0×≥ 5.46198 · 0.13 % became insolvent
Turnover growth1.8×≥ 1.31618 · 0.08 % became insolvent
Accounts filed1.5×0–5 · 0.07 % became insolvent
Cash ÷ assets1.3×0.0665793–0.37634 · 0.05 % became insolvent

Lowers the risk

Accounts type0.1×micro · 0.01 % became insolvent
Current ratio0.2×≥ 10 · 0.01 % became insolvent
Industry0.2×70 · 0.01 % became insolvent
Equity ratio0.2×0.865495–1 · 0.01 % became insolvent
Current liabilities ÷ assets0.3×0–0.0109453 · 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
16940538 · official register
Status
R Registrisse kantud
Legal form
Osaühing
Incorporated
12 Mar 2024 (3 years)
Registered address
74001 Viimsi vald
County
Harju County
Activity
70201 Äri- ja muu juhtimisalane nõustamine
Industry
Head offices; management consultancy
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€1.7m €1.1m€1.3m€1.3m €11k€397k0
31 Dec 202417 Feb 2025€212k €208k€211k€211k –€33k0

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

Similar companies in Harju County

Questions about Circle Development OÜ

What is the registry code of Circle Development OÜ?

Circle Development OÜ is registered under registry code 16940538 in the official register of Estonia. View it at the official register.

Is Circle Development OÜ still active?

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

Has Circle Development OÜ gone bankrupt or into insolvency?

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

How likely is Circle Development OÜ to become insolvent?

Our model estimates a 0.00 % probability that Circle Development OÜ becomes insolvent within the next 12 months (low risk). That is higher than 33 % of active companies in Estonia.

When was Circle Development OÜ founded?

Circle Development OÜ was incorporated on 12 Mar 2024.

Where is Circle Development OÜ registered?

Circle Development OÜ's registered address is in 74001 Viimsi vald (Harju County), Estonia.

What do the latest accounts of Circle Development OÜ show?

The latest published accounts (period ending 31 Dec 2025) show equity of €1.3m, total assets of €1.3m, turnover of €1.7m, a result of €1.1m, 0 employees.

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