12820748ActivePrivate limited companyVAT-registered

Downtown Development OÜ

Registered 23. märts 2015, primary activity: Retail sale of clothing. Main place of business in Kesklinna linnaosa, Tallinn, Harju maakond.

Kesklinna linnaosa, Tallinn, Harju maakondEMTAK 47711Retail sale of clothing11+ years
Updated 8 h ago
Revenue 2026 (I kv)
€44k
▼ 50% vs 2025 I kv
As of 10.04.2026 (MTA)
Employees
1
2026 (MTA)
Taxes paid
€12k
State + labour taxes · 2026 (I kv)
Tax debt
€0
As of 11.05.2026 (MTA)

Overview

e-Business Register · 8 h ago
Legal form
Private limited company
Date of first registration
23.03.2015e-Business Register
Address
Vana-Posti tn 8, Kesklinna linnaosa, Tallinn, 10146 Harju maakondADS · e-Business Register
E-mail address
[email protected]e-Business Register
Telephone
+372 56260961e-Business Register
Principal activity
EMTAK 47711 — Retail sale of clothinge-Business Register · ETCB
VAT number
EE101784364ETCB · VAT-registered
Share capital
2500,00 €e-Business Register

Officers (2)

e-Business Register · 8 h ago
JM
Born 1969 · 57 y · board member since 17.12.2025
Board member
RK
Born 1970 · 56 y · board member since 17.12.2025
Board member

Founders

e-Business Register · 8 h ago
TB
· founder since 19.03.2015
Founder

Shareholders (4)

e-Business Register · 8 h ago
OR
Born 1970 · 56 y · shareholder since 15.12.2025
Shareholder 40% · €1k
JM
Born 1969 · 57 y · shareholder since 16.08.2023
Shareholder 20% · 500 €
JM
Born 1991 · 35 y · shareholder since 16.08.2023
Shareholder 20% · 500 €
DD
Legal person · 12820748 · shareholder since 04.03.2026
Shareholder 20% · 500 €

Beneficial owners

e-Business Register · 8 h ago
RK
Born 1970 · 56 y · ultimate beneficial owner since 16.12.2025
Ultimate beneficial owner

Subsidiaries

e-Business Register · shareholders · 8 h ago

Downtown Development OÜ is a shareholder or officer in 1 more company.

Annual reports (6)

e-Business Register · annual reports · 2 päeva tagasi
Revenue · 2019–2024
€245klatest
€500k€250k0
2019: €243k2020: €280k2021: €261k2022: €286k2023: €299k2024: €245k
201920222024
Profit · 2019–2024
€-19klatest
€50k€15k€-20k
2019: €9k2020: €-5k2021: €32k2022: €17k2023: €11k2024: €-19k
201920222024
YearRevenueProfitEquityAssetsEmployees
2024245 430 €−19 285 €44 338 €€200k203.07.2025
2023299 233 €11 142 €63 623 €€204k202.07.2024
2022286 270 €17 005 €52 481 €€167k207.07.2023
2021260 864 €32 185 €65 486 €€190k329.03.2022
2020279 514 €−4669 €33 366 €€139k302.06.2021
2019243 098 €9095 €38 035 €€153k430.06.2020
Original files (PDF, XBRL) — in the e-Business Register.View reports on e-Business Register

Taxes, revenue and employees

Estonian Tax and Customs Board · 10.04.2026 as of
€200k€100k0
20222023202420252026
YearRevenue (a)State taxesTaxes on workforceEmployees (Q4)
2026I Q44 390 €9229 €2338 €1
2025272 457 €58 323 €20 837 €1
2024447 946 €63 939 €20 751 €3
2023458 173 €72 112 €19 955 €3
2022305 229 €69 246 €13 297 €3
Quarterly breakdown
YearQ1Q2Q3Q4
Revenue 2026€44k
State taxes 2026€9k
Taxes on workforce 2026€2k
Employees 20261
Revenue 2025€88k€70k€56k€58k
State taxes 2025€13k€12k€16k€17k
Taxes on workforce 2025€5k€5k€5k€5k
Employees 20253321
Revenue 2024€157k€69k€134k€88k
State taxes 2024€16k€16k€17k€15k
Taxes on workforce 2024€5k€5k€5k€5k
Employees 20243333
Revenue 2023€117k€105k€146k€91k
State taxes 2023€14k€22k€18k€18k
Taxes on workforce 2023€4k€6k€5k€5k
Employees 20233333
Revenue 2022€74k€69k€64k€98k
State taxes 2022€19k€19k€13k€19k
Taxes on workforce 2022€3k€3k€3k€4k
Employees 20223333

Grants (1 · €3k)

EIS + PRIA + Kohesio + Estonian Unemployment Insurance Fund
Estonian Unemployment Insurance FundTöötasu hüvitis 2.0 (COVID-19)Eesti Töötukassa2021
2932 €

History (29)

e-Business Register · entries
17.12.2025
Amending entry
Ä 50004942 / 14 · Status: In force
17.12.2025
Amending entry
Entry no. 14
16.07.2024
Amending entry (TsMS § 595¹ lg 1 alusel)
Ä 50004942 / 13 · Status: In force
16.07.2024
Amending entry (TsMS § 595¹ lg 1 alusel)
Entry no. 13
27.04.2021
Amending entry (ÄS § 525 lg 2 alusel)
Ä 50004942 / 12 · Status: In force
Show 24 more events
27.04.2021
Amending entry (ÄS § 525 lg 2 alusel)
Entry no. 12
20.12.2019
Amending entry (ÄS § 525 lg 2 alusel)
Ä 50004942 / 11 · Status: In force
20.12.2019
Amending entry (ÄS § 525 lg 2 alusel)
Entry no. 11
14.08.2019
Amending entry (ÄS § 525 lg 2 alusel)
Ä 50004942 / 10 · Status: In force
14.08.2019
Amending entry (ÄS § 525 lg 2 alusel)
Entry no. 10
06.02.2019
Amending entry
Ä 50004942 / 9 · Status: In force
06.02.2019
Amending entry
Entry no. 9
22.05.2018
Amending entry
Ä 50004942 / 8 · Status: In force
22.05.2018
Amending entry
Entry no. 8
21.05.2018
Amending entry
Ä 50004942 / M1 · Status: Puudused kõrvaldatud
20.01.2018
Amending entry
Ä 50004942 / 7 · Status: In force
20.01.2018
Amending entry
Entry no. 7
09.12.2017
Amending entry
Ä 50004942 / 6 · Status: In force
09.12.2017
Amending entry
Entry no. 6
10.03.2016
Amending entry
Ä 50004942 / 5 · Status: In force
10.03.2016
Amending entry
Entry no. 5
13.01.2016
Amending entry
Ä 50004942 / 4 · Status: In force
13.01.2016
Amending entry
Entry no. 4
12.08.2015
Amending entry
Ä 50004942 / 3 · Status: In force
12.08.2015
Amending entry
Entry no. 3
09.06.2015
Amending entry
Ä 50004942 / 2 · Status: In force
09.06.2015
Amending entry
Entry no. 2
23.03.2015
First entry
Ä 50004942 · Status: In force
23.03.2015
First entry
Entry no. 1

Connected companies

Via the same person