Limited Liability Company (LLC)
Circulus Investments
Circulus Investments Spółka z Ograniczoną Odpowiedzialnością
Circulus Investments Spółka z Ograniczoną Odpowiedzialnością (KRS 0000877165, NIP 1133025637) is a Polish company, headquartered in Warszawa, Mazowieckie voivodeship. Circulus Investments operates in: Development of building projects (PKD 41.10.Z). Industry: Building construction. The company has been listed in the National Court Register since January 11, 2021. Circulus Investments's most recently reported net revenue was 16.0 M PLN for 2024.
No arrears identified in the analysed sources
No arrears or bankruptcy proceedings identified in the analysed sources.
Other activities
Credibility rating
34.6 / 100
Poor credibility
Insolvency risk
High
Significant formal threat
Closure risk
29
/ 100
Risk comparison - scale 0 (safe) → 100 (critical)
No instability signals - ownership, management, PKD codes and company name remain relatively stable.
Shareholder changes
2
2/5 yrs
Board changes
2
2/5 yrs
PKD changes
1
1/5 yrs
Name changes
0
0/5 yrs
Data from 5 years of registry activity.
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
January 11, 2021
5 years in operation
Legal form
Limited Liability Company (LLC)
Registry: RejP
Headquarters
WARSZAWA
MAZOWIECKIE
Primary PKD
41.10.Z
Development of building projects
Share capital
5.0 K PLN
100 shares total
Shareholders
1
shareholder
Board
2 people
Filed years
1 year
2024
Registry entries
22
latest: July 14, 2025
Revenue
16.0 M PLN
2024
Net profit
1.9 M PLN
2024
Assets
128.4 M PLN
2024
Equity
15.8 M PLN
2024
EBITDA
7.3 M PLN
2024
Valuation
8.2 M PLN
Low confidence
Low confidence
People holding roles at Circulus Investments according to the Polish National Court Register. Follow a name for that person's full profile and their other companies.
Rate business credibility - Circulus Investments.
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.
Latest reporting year
2024
Available years
4
Filing entries
0
20 historical registry entries for Circulus Investments
Filing documents submitted (3 documents)
Shareholder change
WA.XII NS-REJ.KRS/53262/23/189
Filing documents submitted (3 documents)
Change in Section 1 (basic data)
WA.XII NS-REJ.KRS/53262/23/189/ADE
Filing documents submitted (3 documents)
Competing companies or those operating in the same market segment as Circulus Investments (in Warszawa, industry: Building construction).
WARSZAWA· Building construction
Revenue 2023: 25.8 M PLN
PRZASNYSZ· Building construction
Revenue 2025: 25.0 M PLN
WARSZAWA· Building construction
Revenue 2024: 18.1 M PLN
WARSZAWA· Building construction
Revenue 2023: 17.7 M PLN
MYSZKÓW· Building construction
Revenue 2024: 15.7 M PLN
WARSZAWA· Building construction
Revenue 2025: 12.8 M PLN
Limited Liability Company (LLC)
Circulus Investments Spółka z Ograniczoną Odpowiedzialnością
Answers to questions about the company's activity, registered office, identifiers, financial data, capital and control.
Circulus Investments has 1 shareholder.
Yes - Circulus Investments's majority owner is ABRDN EUROPEAN LOGISTICS INCOME PLC.
Circulus Investments's board has 2 members.