Revenue
€2,239,039
2024 · latest filed year
Employees
39
2026-06
Average wage
€2,372
monthly, before tax
Tax arrears
No recorded arrears
No data
Company overview
AI researchA source-linked overview of the company's activities based on public information.
UAB Gelmeda, trading as TimberWalls, designs, manufactures, delivers and assembles timber-frame panel homes, commercial buildings, roof structures and HTS beams across Europe.
Products and services
Markets
Sources
Researched: 25 August 2026 · Confidence: High · This overview was prepared by AI. Verify important claims with the linked primary sources.
Registry information
- Company code
- 123923122
- Legal form
- Private Limited Liability Company
- Status
- No legal proceedings
- Registered
- 25 February 1997
- Municipality
- Jonavos rajono
- Registered office
- Jonava, Pramonės g. 41, LT-55198
- Office registered since
- 14 September 2022
- Office data updated
- 7 August 2026
Insolvency proceedings
Official AVNT company bankruptcy and restructuring data. Administrator identities and contact details are not shown.
- Active proceeding
- No
- Proceedings on record
- 0
VAT information
- VAT registered
- Yes
- VAT number
- LT239231219
- VAT registered on
- 1 June 1997
- Of which overdue
- €0
Primary activity
- EVRK code
- 162320
- Primary activity
- Not provided
- Employees
- 39 (2026-06)
- Average wage
- €2,372
Participant structure
Only aggregate participant counts are published, without personal data.
- Total participants
- 2
- Lithuanian natural persons
- 0
- Lithuanian legal persons
- 1
- Foreign natural persons
- 0
- Foreign legal persons
- 1
- Has foreign participants
- Yes
Online presence
A website and its published information are shown only after its link to the legal entity is verified.
- Company website
- gelmeda.lt
- Verification status
- Verified
- Verified on
- 8 August 2026
- Website title
- Home - timberwalls.net
- Description published by the website
- timberwalls.net - TIMBERWALLS - Prefab homes, roof trusses, and beams. High quality, fast production, custom designs. Contact us
- Website information updated
- 8 August 2026
Tax and public procurement
A summary of taxes paid from VMI and contracts published by the Public Procurement Office.
- Taxes paid year to date
- €21,513
- Reporting period
- June 2026
- Public contracts
- 1
- Total contract value
- €6,776
- Latest contract
- 3 June 2016
Financials
Key figures from the company's filed annual financial statements.
| Year | Revenue | Profit before tax | Net profit | Total assets | Equity |
|---|---|---|---|---|---|
| 2024 | €2,239,039 | -€899,163 | -€794,028 | €7,837,376 | €4,823,031 |
| 2023 | €2,913,881 | -€1,339,512 | -€1,167,499 | €8,354,162 | €549,205 |
| 2022 | €4,797,061 | -€740,367 | -€628,421 | €9,852,683 | €1,716,703 |
| 2021 | €2,912,387 | -€202,752 | -€202,752 | €6,980,663 | €114,005 |
| 2020 | €773,711 | -€212,000 | -€212,000 | €4,735,163 | €61,740 |
| 2019 | €157,596 | -€352,099 | -€352,099 | €2,900,346 | -€31,083 |
Filed: 11 June 2025
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Sources: State Enterprise Centre of Registers, VMI, Sodra and the Public Procurement Office. Website ownership is checked against .lt domain data and legal-entity details published on the website. Open data is licensed under CC BY 4.0.