SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ
Bluestone Development
Bluestone Development Spółka z Ograniczoną Odpowiedzialnością
SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ
Bluestone Development Spółka z Ograniczoną Odpowiedzialnością
Bluestone Development Spółka z Ograniczoną Odpowiedzialnością (KRS 0000799562, NIP 5223166496) is a Polish company, headquartered in Warszawa, Mazowieckie voivodeship. BLUESTONE DEVELOPMENT operates in: Construction of residential and non-residential buildings (PKD 41.20.Z). Industry: Building construction. The company has been listed in the National Court Register since August 22, 2019. BLUESTONE DEVELOPMENT's most recently reported net revenue was 0 PLN for 2022.
Negative equity
Negative equity in 3 of 3 available reporting years.
No reported revenue
The company reported no revenue in any available reporting year. This may indicate a non-operating entity.
No arrears identified in the analyzed sources
No arrears or bankruptcy proceedings identified in the analyzed sources.
Main activity
41.20.ZConstruction of residential and non-residential buildings
Other activities
Credibility rating
35.5 / 100
Poor credibility
Insolvency risk
Low
Elevated 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
0
0/7 yrs
Board changes
0
0/7 yrs
PKD changes
0
0/7 yrs
Name changes
0
0/7 yrs
Data from 7 years of registry activity.
Payment reliability score from 2020–2022
Current: E (36/100)
Trend: improving (+5.7 pts/year)
Bardzo słaba wiarygodność płatnicza – współpraca handlowa wiąże się z wysokim ryzykiem braku zapłaty.
Standard limit from 2020–2022
Current: 2.4 K PLN
Safe: 486.66 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
August 22, 2019
6 years in operation
Legal form
SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ
Registry: RejP
Headquarters
WARSZAWA
MAZOWIECKIE
Primary PKD
41.20.Z
Construction of residential and non-residential buildings
Share capital
5.0 K PLN
99 shares total
Shareholders
1
shareholder
Board
1 person
Filed years
3 years
2020–2022 · profitable: 1/3
Registry entries
10
latest: August 26, 2024
Risk signals
Revenue
0 PLN
2022
Net profit
8.4 K PLN
2022
Assets
180.8 K PLN
2022
Equity
-6.0 K PLN
2022
Valuation
57.7 K PLN
Low confidence
Low confidence
Rate business credibility - Bluestone Development.
No ratings

News
Wrocław-based Archicom S.A. (KRS 0000555355) closed 2025 with revenue of PLN 961.7 m (+30% YoY), standalone net profit of PLN 229.9 m and 2,847 apartments sold (+30% YoY versus market +9.3%). The board recommends a PLN 1.80 per share dividend (PLN 105.3 m); the final decision rests with the AGM (scheduled for July 2026). The 2026 target: 3,200-3,500 units plus a debut in the Tricity. The first full year under Echo Investment control (74.04%) after the 2023 integration.

News
Cieszyn-based Atal S.A. (KRS 0000262397) closed 2025 with revenue of PLN 1.267 bn, net profit of PLN 223.3 m and a 17.6% net margin. The board recommends a PLN 4.50 per share dividend (88% of profit, PLN 194.67 m in total, ~8.6% yield) - lower than the PLN 6.00 paid out of 2024 but still among the highest in the Polish residential-developer sector. Q1 2026 saw handovers double (500 vs 218 YoY); 2026 targets are 2,500-3,000 sold and 3,000-4,000 handed over. Juroszek Holding control: 76.30% of capital.
Answers to questions about the company's activity, registered office, identifiers, financial data, capital and control.
BLUESTONE DEVELOPMENT's board has 1 member.
10 historical registry entries for Bluestone Development
Identifier change
WA.XIII NS-REJ.KRS/48301/19/328/NIP
Identifier change
WA.XIII NS-REJ.KRS/48301/19/328/REGON
Filing documents submitted (4 documents)
Filing documents submitted (2 documents)
Address change
WA.XIV NS-REJ.KRS/45207/24/406
Trend: improving (-167 days/year)
Score
42/100
Late
3
Average delay
146 days
Max delay
379 days
On-time rate
0%
Latest reporting year
2022
Available years
3
Filing entries
3
Financial statement 2022
Financial statement 2020
Financial statement 2021
Competing companies or those operating in the same market segment as Bluestone Development (in Warszawa, industry: Building construction).
WARSZAWA· Building construction
Revenue 2025: 3.3 B PLN
WARSZAWA· Building construction
Revenue 2024: 1.6 B PLN
WARSZAWA· Building construction
Revenue 2024: 933.3 M PLN
WARSZAWA· Building construction
Revenue 2024: 910.6 M PLN
KONSTANCIN-JEZIORNA· Building construction
Revenue 2024: 721.1 M PLN
WARSZAWA· Building construction
Revenue 2024: 644.5 M PLN