Master WORK Spółka z Ograniczoną Odpowiedzialnością (KRS 0000753672, NIP 8481873704) is a Polish company, headquartered in Ełk, Warmińsko-Mazurskie voivodeship. Master WORK 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 28, 2018. Master WORK's most recently reported net revenue was 1.3 M PLN for 2024.
Negative equity
Negative equity in 5 of 5 available reporting years.
No arrears identified in the analysed sources
No arrears or bankruptcy proceedings identified in the analysed sources.
Business profile - Master WORK
Identity
- Name
- Master WORK Spółka z Ograniczoną Odpowiedzialnością
- Legal form
- Limited Liability Company (LLC)
- Founded
- November 28, 2018
- Registry status as of
- July 10, 2026
- Latest entry
- July 10, 2026
- Founding act
- 31.08.2018R. - NOTARIUSZ WŁADYSŁAW BRZUZY, KANCELARIA NOTARIALNA W EŁKU, REP. A NR 2714/2018; 31.10.2018R. - NOTARIUSZ W…
Articles of association history (2)
- August 31, 2018: 31.08.2018R. - NOTARIUSZ WŁADYSŁAW BRZUZY, KANCELARIA NOTARIALNA W EŁKU, REP. A NR 2714/2018; 31.10.2018R. - NOTARIUSZ WŁADYSŁAW BRZUZY, KANCELARIA NOTARIALNA W EŁKU, REP. A NR 3316/2018 - ZMIENIONO §7, §11 UST.5, W §10 UST.9 SKREŚLONO PKT 19; 20.11.2018R. - NOTARIUSZ WŁADYSŁAW BRZUZY, KANCELARIA NOTARIALNA W EŁKU, REP. A NR 3408/2018 - SPROSTOWANO §11 UST.5 UMOWY
- June 9, 2020: AKTEM NOTARIALNYM Z DNIA 09.06.2020R, REP. A NR 2274/2020, NOTARIUSZ PIOTR CYPRIAN KARNY, KANCELARIA NOTARIALNA W EŁKU ZMIENIONO §2 UMOWY SPÓŁKI
Activities
Other activities
Address and contact
- Address
- UL. KRZEMOWA, 7A, 19-300, EŁK, POLSKA
- Voivodeship
- WARMIŃSKO-MAZURSKIE
- District
- EŁCKI
- Not disclosed in the registry
- Website
- Not disclosed in the registry
- E-delivery address
- Not disclosed in the registry
Risk and payment profile - Master WORK
Credibility rating
44.5 / 100
Average credibility
Insolvency risk
Low
Elevated threat
Closure risk
6
/ 100
Risk comparison - scale 0 (safe) → 100 (critical)
Organisational stability signals
No instability signals - ownership, management, PKD codes and company name remain relatively stable.
Shareholder changes
2
2/8 yrs
Board changes
3
3/8 yrs
PKD changes
0
0/8 yrs
Name changes
1
1/8 yrs
Data from 8 years of registry activity.
Credibility history
Payment reliability score from 2019–2024
Current: D (45/100)
Trend: stable (+1.9 pts/year)
Słaba wiarygodność płatnicza – wskaźniki finansowe sugerują podwyższone ryzyko opóźnień lub niewykonania zobowiązań.
Trade credit limit history
Standard limit from 2019–2024
Current: 35.9 K PLN
Safe: 10.8 K PLN
Operational status - Master WORK
Founded
November 28, 2018
7 years in operation
Legal form
Limited Liability Company (LLC)
Registry: RejP
Headquarters
EŁK
WARMIŃSKO-MAZURSKIE
Primary PKD
41.10.Z
Development of building projects
Share capital
5.0 K PLN
50 shares total
Shareholders
2
shareholders
Board
1 person
Filed years
5 years
2019–2024 · profitable: 2/5
Registry entries
22
latest: July 10, 2026
Risk signals
Revenue
1.3 M PLN
2024
Net profit
29.7 K PLN
2024
Assets
113.7 K PLN
2024
Equity
-112.3 K PLN
2024
EBITDA
N/A
2024
no depreciation data
Valuation
160.5 K PLN
Low confidence
Low confidence
Board and connected people - Master WORK
People holding roles at Master WORK according to the Polish National Court Register. Follow a name for that person's full profile and their other companies.
- Bartosz Krzysztof SokołowskiPresident of the board, Majority shareholder
- Łukasz StaniszewskiPresident of the board, Sole shareholder
- Bartosz StaniszewskiMajority shareholder
Directories and rankings for this location
Public procurement
Trademarks
Reviews
Rate business credibility - Master WORK.
No ratings
Related articles
News
Atal: PLN 4.50 per-share dividend recommendation (88% payout) – ~8.6% yield, among the highest of sWIG80 residential developers
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 in 2026: the former LC Corp after the 2019 rebrand, a Wrocław-based residential developer in the mWIG40, a four-member management board on ul. Traugutta 45
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.
