Company overview
Basic information
Company name
Groundworks LT, UAB
Company code
303065629
VAT code
LT100007748717
Registered address
Panevėžys, Elektronikos g. 70, LT-35116
Registration date
2013-05-17
Company age: 13 y. 5 mo.
Contact information
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Phone
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Email
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Website
https://www.groundworks.lt
Company manager
For registered members only
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Indicators
Risk factors
Activity
Legal form
Private Limited Liability Company
NACE activity
Earth moving at the site
Ownership form
Private without foreign capital
UAB Groundworks LT
Company code: 303065629
Address: Panevėžys, Elektronikos g. 70, LT-35116
VAT code: LT100007748717
Description
This description was generated by artificial intelligence.
Groundworks LT, UAB (company code 303065629) is an operational private limited liability company registered in 2013. It is a micro-sized private company in the national private non-financial companies sector, with private ownership in which Lithuanian natural and legal persons hold more than 50% of the authorised capital and no foreign investor capital is included. Governance is concentrated in a CEO-only structure. The company is based in Panevežys, Panevežio m. sav., Panevežio apskr., at Elektronikos g. 70. Its core activity is classified under EVRK code F.43.12.20, Earthworks at construction sites.
Financially, Groundworks LT expanded strongly in 2025. Revenue reached €744.4K, compared with €316.2K in 2024 and €213.4K in 2023, while net profit increased to €90.3K. Profit margin improved to 12.1%, and equity stood at €215.8K against liabilities of €34.7K. Total assets were €250.4K, with long-term assets of €91.3K and short-term assets of €159.1K. The company reported 7 average employees so far in 2026, up from 6 in 2025, and the average monthly wage was €1,104.17 so far in 2026, compared with €1,100.70 in 2025. Estimated annual payroll was €92.8K.
Financially, Groundworks LT expanded strongly in 2025. Revenue reached €744.4K, compared with €316.2K in 2024 and €213.4K in 2023, while net profit increased to €90.3K. Profit margin improved to 12.1%, and equity stood at €215.8K against liabilities of €34.7K. Total assets were €250.4K, with long-term assets of €91.3K and short-term assets of €159.1K. The company reported 7 average employees so far in 2026, up from 6 in 2025, and the average monthly wage was €1,104.17 so far in 2026, compared with €1,100.70 in 2025. Estimated annual payroll was €92.8K.
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