Tim Logistics OÜ

Registered
12160281Private limited company (OÜ)Founded 2011

Key figures

644 905 €−14,6%
Revenue 2025
−9,5%
Average annual change 2019–2025
02 m4 m6 m2019202020212022202320242025

Ratios

2025

Summary: Tim Logistics OÜ

What kind of company is it?

Tim Logistics OÜ (registry code 12160281) is a private limited company (OÜ). The company was entered in the Commercial Register in 2011 and has been registered for 15 years. Registered location: Lasnamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is logistics service activities (EMTAK 52251). The company is registered for VAT (VAT number EE101610836).

How is the company doing financially?

Revenue in financial year 2025 was 644 905 €, down 14,6% on the previous year (755 488 €). From 2019 to 2025, revenue declined by an average of 9,5% per year. This is the company's lowest revenue among the published years (2019–2025). Net profit for financial year 2025 was 234 428 € (36,4% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 3 employees (4 a year earlier). Revenue per employee was 214 968 €. At the end of financial year 2025, total assets were 262 856 € and equity 262 856 € (100% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 167 134 €, down 35,1% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 5211 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1200 € per month.

Who runs the company and who owns it?

The company has one management board member. The sole owner of the company is a private individual.

Where does the data come from and how fresh is it?

Register data (name, address, legal form, management board and owners) come from the Commercial Register of the Centre of Registers and Information Systems (RIK); changes are read from RIK every night. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 30.07.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.

Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 2026167 134 €35211 €
Q2 202611 250 €35137 €
Q1 202638 794 €35137 €
Q4 2025167 954 €35137 €
Q3 2025257 406 €36364 €
Q2 2025178 463 €410 592 €
Q1 2025279 501 €44450 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

Distributed as dividends 80 000 € (76% of distributable profit).

History
202580 000 €
202470 000 €
202349 000 €
20220 €
20216000 €
202048 400 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue2 135 7304 030 7841 312 000755 488644 905
Net profit193772538244 565234 428
Retained earnings172 063172 256130 98161 36325 928
Total assets197 312325 183138 421114 706262 856
Total liabilities22 556142 702455862780
Total equity174 756182 481133 863108 428262 856
Employees34443
Average gross salary (monthly)14631325104411781339
Calculated dividend6000049 00070 00080 000

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

Risks and obligations1 note6 clear
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
Filed late: 2023, 2024, 2025
Business Register · 2023–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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100%Tim Logistics OÜ3Sergei Ipatov
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

4 records

State aid and de minimis aid in total 2914 € (2014–2021). Largest grantors: Eesti Töötukassa (2704 €), Ettevõtluse ja Innovatsiooni Sihtasutus (210 €).

Show all aid records (4)
20212704 €
2015124 €
201486 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA1054 €26.03.2021
Eesti TöötukassaPalgatoetus VTA1650 €01.01.2021
Ettevõtluse ja Innovatsiooni SihtasutusMuu · Guarantee124 €*16.12.2015
Ettevõtluse ja Innovatsiooni SihtasutusMuu · Guarantee86 €*22.12.2014

Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗

Annual reportsPDF, XBRL

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Source: e-Business Register (RIK). Files open/download directly from the official register.

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