Memel Land, UAB

Company age: 13 y. 9 mo.

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Company overview

Basic information

Company name Memel Land, UAB
Company code 302942032
VAT code LT100008241612
Registered address Palanga, Plytų g. 53-6, LT-00195
Registration date 2012-12-27 Company age: 13 y. 9 mo.

Contact information

Phone Phone
Email Email
Website None

Indicators

Revenue (2025) 2,335,034 € -11% History
Profit (2025) -508,481 € History
Share capital 2,896 €
Number of employees 21 History
Average salary 1888 € History
Managed vehicles 22 List
Employee turnover rate 44,3 % History

Risk factors

Current SODRA debt 63,815 € Read more
Days of debt to SODRA per year 311 days
Current VMI debt 428,236 € From: 2026-03-19 Read more
Financial statements All submitted
Court cases 3 List

Activity

Legal form Private Limited Liability Company
NACE activity Freight transport by road
Ownership form Private without foreign capital

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Description

This description was generated by artificial intelligence.
Memel Land, UAB (company code 302942032) is an operational private limited liability company registered in 2012. The company is privately owned, with Lithuanian natural and legal persons holding more than 50% of the authorised capital and no foreign investor capital indicated. Governance is listed as CEO only. It is classified within national private non-financial companies and is marked as a small business. The company’s core activity is EVRK code H.49.41.00, Freight transport by road. Its registered address is Plytu g. 53-6, Palanga, Palangos m. municipality, Klaipeda County. In financial year 2024, Memel Land generated revenue of €2.63M and net profit of €19.8K, with a profit margin of 0.8%. This compares with revenue of €2.24M and net profit of €203.0K in 2023, indicating higher turnover but much lower profitability in the latest reported year. As of 2024, total assets stood at €3.27M and equity at €1.32M, while liabilities amounted to €1.09M. Staffing increased from 5 average employees in 2023 to 33 in 2025, and so far in 2026 the company has averaged 23 employees. Average monthly wages rose from €338.00 in 2023 to €1,554.46 so far in 2026.