Company overview
Basic information
Company name
Neston, MB
Company code
306674610
VAT code
LT100016864018
Registered address
Palanga, Mokyklos g. 13-1, LT-00303
Registration date
2024-02-05
Company age: 2 y. 7 mo.
Contact information
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Phone
Email
Presented as an image – cannot be copied
Website
None
Company manager
For registered members only
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Indicators
Risk factors
Activity
Legal form
Small partnership
NACE activity
Restaurant activities
Ownership form
Private without foreign capital
MB Neston
Company code: 306674610
Address: Palanga, Mokyklos g. 13-1, LT-00303
VAT code: LT100016864018
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Description
This description was generated by artificial intelligence.
Neston, MB (company code 306674610) is an operational private small partnership registered on 5 February 2024. It is a micro-sized company in the national private non-financial companies sector, with a governance structure described as CEO only. The company is privately owned, with more than 50% of authorised capital held by Lithuanian natural and legal persons and no foreign investor capital. Neston is based in Palanga, at Mokyklos g. 13-1, LT-00303, in Palangos m. municipality, Klaipeda County. Its main activity is under EVRK code I.56.11.00, Restaurant activities. In 2025, the company generated revenue of €215.2K and net profit of €33.9K, with a profit margin of 15.8%. Revenue declined by 24.7% year on year, while profitability remained positive. At the end of 2025, equity stood at €175.3K and total assets at €179.4K, with liabilities of €4.1K. The business remained lightly leveraged, with an equity ratio of 97.7% and debt to equity of 0.02. Average staff levels increased from 4 in 2024 to 6 in 2025, and so far in 2026 the company has averaged 8 employees. The average monthly wage was €655.08 in 2024 and €520.53 in 2025.