Medici Tower OÜ
Bankrupt Registry code 12793329
OÜ Tallinn Registered 2 Feb 2015
Medici Tower OÜ is a OÜ based in Tallinn, registry code 12793329, status: bankrupt. Main activity: Buying and selling of own real estate. According to EMTA, turnover for Q3 2026 was €0 with employees.
Turnover
0 €
State taxes
—
Labour taxes
—
Employees
—
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Revenue · 2023 0 €above 5% of companiesindustry median 12 224 € · companies in the industry: 31 051
Taxes and turnover
- Company
- Industry median
Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | — | — | — | — |
| Q2 2026 | — | 466 | — | — |
| Q1 2026 | 290 000 | 69 048 | — | — |
| Q4 2025 | — | — | — | — |
| Q3 2025 | — | — | — | — |
| Q2 2025 | — | — | — | — |
| Q1 2025 | — | 58 | — | — |
| Q4 2024 | — | 733 | 663 | — |
| Q3 2024 | — | 1 990 | 1 988 | — |
| Q2 2024 | — | 2 272 | 1 988 | — |
| Q1 2024 | — | 1 988 | 1 988 | — |
| Q4 2023 | — | 2 312 | 1 988 | — |
| Q3 2023 | 7 000 | 2 410 | 2 410 | — |
| Q2 2023 | — | 1 565 | 1 565 | — |
| Q1 2023 | — | 2 295 | 1 988 | — |
| Q4 2022 | — | 3 560 | 3 253 | — |
| Q3 2022 | — | 723 | 723 | — |
| Q2 2022 | — | 1 988 | 1 988 | — |
| Q1 2022 | — | 655 | 347 | — |
Financials by year
- Company
- Industry median
Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2023 | 0 | -48 427 | 19 950 | 572 860 | -216 528 | 1 |
| 2022 | — | 79 471 | 19 158 | 572 927 | 82 899 | 1 |
| 2021 | — | -21 384 | 14 962 | 471 020 | 3 429 | 1 |
| 2020 | 0 | -22 158 | 19 950 | 469 090 | 2 813 | 1 |
| 2019 | — | -21 771 | 19 950 | 467 543 | 2 970 | 1 |
| 2018 | — | — | — | — | — | 1 |
| 2017 | — | — | — | — | — | 1 |
| 2016 | — | — | — | — | — | 1 |
| 2015 | — | — | — | — | — | 1 |
Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.
Financial ratios for 2023
Return on assets (ROA)
-8.5 %
Net profit / assets
Equity ratio
-37.8 %
Equity / assets
Debt ratio
137.8 %
Liabilities / assets
Current ratio
0.59
Current assets / current liabilities
Revenue per employee
0 €
Revenue / average full-time employees
Labour cost per employee per month
1 663 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 15 Oct 2024 | Company’s own | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 19 Jan 2023 | Company’s own | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 2 Jan 2023 | Company’s own | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 29 Dec 2022 | Company’s own | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 22 May 2020 | Company’s own | e-Äriregister |
Board
- Mark UskaBankruptcy trustee · since 20 Jun 2025
Owners
- OÜ Drevor InvestmentsLegal person · 11283633 · 1 650 €
- Erel Group OÜLegal person · 10717532 · 850 €
Beneficial owners
- Leopoldo FranceschiIndirect ownership · ITA · since 11 Sep 2018
- Riccardo LelmiIndirect ownership · since 11 Sep 2018
Founders and other persons
- AS Erel GroupFounder · 2 500 € · 2 Feb 2015
- Arsi PaveltsMember of the bankruptcy committee · 8 Jul 2025
- Monica PihlakMember of the bankruptcy committee · 8 Jul 2025
- Risto SeppMember of the bankruptcy committee · 8 Jul 2025
Related companies
Activities (EMTAK)
- 68101Buying and selling of own real estate Main
History of changes
| What | Value | Period |
|---|---|---|
| Status | Bankrupt | 20 Jun 2025 – now |
| Status | Active | 2 Feb 2015 – now |
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 50001926 / 16 7 Apr 2026 |
Entry made by the register on its own initiative | In force 7 Apr 2026 |
||
| Ä 50001926 / M6 13 Mar 2026 |
Procedural ruling | 27 Mar 2026 | In force 13 Mar 2026 |
|
| Ä 50001926 / 15 20 Jun 2025 |
Entry to enforce another court decision | In force 20 Jun 2025 |
||
| Ä 50001926 / 14 23 Jan 2025 |
Amendment entry | In force 23 Jan 2025 |
||
| Ä 50001926 / 13 7 Jan 2025 |
Amendment entry | In force 7 Jan 2025 |
||
| Ä 50001926 / 12 5 Dec 2024 |
Amendment under Code of Civil Procedure § 595¹ (1) | In force 5 Dec 2024 |
||
| Ä 50001926 / M5 30 Aug 2024 |
Fine for not filing the report | 18 Sep 2024 | In force 19 Sep 2024 |
|
| Ä 50001926 / M4 10 Jul 2024 |
Warning of a fine: annual report not filed | 9 Aug 2024 | In force 10 Jul 2024 |
|
| Ä 50001926 / 11 14 Nov 2023 |
Amendment under Code of Civil Procedure § 595¹ (1) | In force 14 Nov 2023 |
||
| Ä 50001926 / 10 13 Nov 2023 |
Amendment entry | In force 13 Nov 2023 |
||
| Ä 50001926 / 9 1 Sep 2023 |
Amendment entry | In force 1 Sep 2023 |
||
| Ä 50001926 / M3 24 Aug 2022 |
Warning of deletion from the register: annual report not filed | 27 Feb 2023 | Deficiencies eliminated 29 Dec 2022 |
|
| Ä 50001926 / M2 11 May 2022 |
Warning of a fine: annual report not filed | 10 Jun 2022 | Deficiencies eliminated 29 Dec 2022 |
|
| Ä 50001926 / 8 27 May 2020 |
Amendment entry | In force 27 May 2020 |
||
| Ä 50001926 / 7 20 May 2020 |
Entry refused: deficiencies not eliminated | In force 12 Jun 2020 |
||
| Ä 50001926 / M1 17 Apr 2020 |
Ruling to eliminate deficiencies | 7 May 2020 | In force 17 Apr 2020 |
|
| Ä 50001926 / 6 30 Nov 2018 |
Amendment entry | In force 30 Nov 2018 |
||
| Ä 50001926 / 5 11 Oct 2018 |
Amendment under Commercial Code § 525 (2) | In force 11 Oct 2018 |
||
| Ä 50001926 / 4 18 Jan 2018 |
Amendment entry | In force 18 Jan 2018 |
||
| Ä 50001926 / 3 9 Dec 2017 |
Amendment entry | In force 9 Dec 2017 |
||
| Ä 50001926 / 2 31 Aug 2016 |
Amendment entry | In force 31 Aug 2016 |
||
| Ä 50001926 2 Feb 2015 |
First entry | In force 2 Feb 2015 |
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data