Company overview
Basic information
Company name
GLG WAY, UAB
Company code
305724494
VAT code
LT100016904616
Registered address
Mažeikių r. sav., Mažeikių apylinkės sen., Kurmaičių k., Žilvičio 4-oji g. 2, LT-89259
Registration date
2021-03-26
Company age: 5 y. 6 mo.
Contact information
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Phone
Email
Not disclosed
(personal)
Website
None
Company manager
For registered members only
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Indicators
Risk factors
Activity
Legal form
Private Limited Liability Company
NACE activity
Other postal and courier activities
Ownership form
Private without foreign capital
UAB GLG WAY
Company code: 305724494
Address: Mažeikių r. sav., Mažeikių apylinkės sen., Kurmaičių k., Žilvičio 4-oji g. 2, LT-89259
VAT code: LT100016904616
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Description
This description was generated by artificial intelligence.
GLG WAY, UAB (company code 305724494) is an operational private limited liability company registered in 2021. The company is classified as a private, micro-sized entity within the sector of national private non-financial companies, with a governance model of CEO only and private ownership held by Lithuanian natural and legal persons. Its registered activity under EVRK code H.53.20.00 is Other postal and courier activities. The company is based at Žilvicio 4-oji g. 2, Kurmaiciu village, Mažeikiu district municipality, Telšiai County.
In financial year 2025, the company generated EUR 69.8K in revenue and recorded a net loss of EUR 4.3K, corresponding to a negative profit margin of 6.1%. Revenue declined by 13.9% compared with 2024, although it remained higher than in 2023. Over the same period, the balance sheet expanded, with total assets reaching EUR 212.8K and liabilities rising to EUR 178.1K, while equity stood at EUR 18.0K. The company employed an average of 2 people in 2023, 2024 and 2025, and so far in 2026 its average workforce has been 1 person.
In financial year 2025, the company generated EUR 69.8K in revenue and recorded a net loss of EUR 4.3K, corresponding to a negative profit margin of 6.1%. Revenue declined by 13.9% compared with 2024, although it remained higher than in 2023. Over the same period, the balance sheet expanded, with total assets reaching EUR 212.8K and liabilities rising to EUR 178.1K, while equity stood at EUR 18.0K. The company employed an average of 2 people in 2023, 2024 and 2025, and so far in 2026 its average workforce has been 1 person.