Limited Liability Company (LLC)
TIM Development III
TIM Development III Spółka z Ograniczoną Odpowiedzialnością
Limited Liability Company (LLC)
TIM Development III Spółka z Ograniczoną Odpowiedzialnością
TIM Development III Spółka z Ograniczoną Odpowiedzialnością (KRS 0000648025, NIP 9462664331) is a Polish company, headquartered in Lublin, Lubelskie voivodeship. TIM Development III operates in: Development of building projects (PKD 41.10.Z). Industry: Building construction. The company has been listed in the National Court Register since November 22, 2016. TIM Development III's most recently reported net revenue was 0 PLN for 2024.
Negative equity
Negative equity in 1 of 7 available reporting years.
No arrears identified in the analysed sources
No arrears or bankruptcy proceedings identified in the analysed sources.
General codes (divisions and groups)
General codes indicate a PKD division or group without a specific subclass.
Credibility rating
61.7 / 100
Good credibility
Insolvency risk
Very low
Low threat
Closure risk
5
/ 100
Risk comparison - scale 0 (safe) → 100 (critical)
No instability signals - ownership, management, PKD codes and company name remain relatively stable.
Shareholder changes
3
3/10 yrs
Board changes
0
0/10 yrs
PKD changes
1
1/10 yrs
Name changes
1
1/10 yrs
Data from 10 years of registry activity.
Payment reliability score from 2018–2024
Current: C (62/100)
Trend: stable (-1.3 pts/year)
Moderate payment credibility - the company is able to meet its obligations, but some indicators warrant caution.
Standard limit from 2018–2024
Current: 4.0 K PLN
Safe: 1.8 K PLN
Difference between risk models
Closure - probability of ceasing operations (operational continuity). Insolvency - probability of formal bankruptcy / restructuring. The models use different data - results can diverge significantly when balance-sheet data is incomplete.
Founded
November 22, 2016
9 years in operation
Legal form
Limited Liability Company (LLC)
Registry: RejP
Headquarters
LUBLIN
LUBELSKIE
Primary PKD
41.10.Z
Development of building projects
Share capital
50.0 K PLN
950 shares total
Shareholders
1
shareholder
Board
2 people
Filed years
7 years
2018–2024 · profitable: 6/7
Registry entries
24
latest: July 13, 2026
Risk signals
Revenue
0 PLN
2024
Net profit
11.1 K PLN
2024
Assets
215.4 K PLN
2024
Equity
148.8 K PLN
2024
EBITDA
N/A
2024
no depreciation data
Valuation
132.0 K PLN
Low confidence
Low confidence
People holding roles at TIM Development III according to the Polish National Court Register. Follow a name for that person's full profile and their other companies.
Rate business credibility - TIM Development III.
No ratings

News
Cieszyn-based Atal S.A. (KRS 0000262397) closed 2025 with revenue of PLN 1.267bn, net profit of PLN 223.3m and a 17.6% net margin. The board recommends a PLN 4.50 per-share dividend (88% of profit, PLN 194.67m in total, ~8.6% yield) – lower than the PLN 6.00 paid from 2024 profit but still among the highest in the Polish residential-development sector. Q1 2026 saw handovers double (500 vs 218 YoY); the 2026 targets are 2,500–3,000 units sold and 3,000–4,000 handed over. Juroszek Holding controls 76.30% of the capital.

Explainer
Develia S.A. (KRS 0000253077), headquartered at ul. Gen. Romualda Traugutta 45 in Wrocław, is one of Poland's largest residential developers listed on the WSE. The company has operated under the "Develia" brand since 2019 (previously as LC Corp, part of Leszek Czarnecki's group). Listed on the WSE since 2007, it is an mWIG40 constituent with a four-member management board and a seven-member supervisory board. Per the 2025 financial statements: PLN 2.08bn revenue (+16% YoY) and PLN 443.5m net profit.
Answers to questions about the company's activity, registered office, identifiers, financial data, capital and control.
TIM Development III is owned by other entities - its board is independent of the shareholding structure.
TIM Development III has 1 shareholder.
TIM Development III's board has 2 members.
Latest reporting year
2025
Available years
9
Filing entries
0
20 historical registry entries for TIM Development III
Filing documents submitted (2 documents)
Filing documents submitted (2 documents)
Filing documents submitted (2 documents)
Filing documents submitted (2 documents)
Filing documents submitted (2 documents)
Competing companies or those operating in the same market segment as TIM Development III (industry: Building construction).
SOSNÓWKA· Building construction
Revenue 2025: 1.4 M PLN
MIĘDZYRZEC PODLASKI· Building construction
Revenue 2025: 767.2 K PLN
LUBLIN· Building construction
Revenue 2024: 214.6 K PLN
LUBLIN· Building construction
RZESZÓW· Building construction
Revenue 2025: 0 PLN
LUBLIN· Building construction
Revenue 2023: 0 PLN