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SIA Cargo Team.lv

🔵 Restructuring🇱🇻 Latvia📍 Jelgavas nov.🏭 General Business
Deal score · registry data
65/100 · MEDIUM

revenue EUR 1.2M; restructuring (going concern); procedure started 54 days ago; 20 employees; equity 15% of assets in last accounts; 1.2% net margin in last accounts

Procedure restructuringProcedure started 24 August 2026Revenue 🔒 ProNet margin 🔒 ProEquity 🔒 ProEmployees 20
Latest filed accounts: 31 December 2025. Sources: Insolvency Register open data + annual reports (Uzņēmumu reģistrs open data, via VID).
Company Overview

Legal protection proceeding (court-supervised rescue plan) started; court: Zemgales rajona tiesa; case C73433926.

Financial Profile
Employees
Not disclosed
Revenue Range
Not disclosed
Insolvency Details
Country & Jurisdiction
🇱🇻 Latvia
Region
Jelgavas nov.
Sector
General Business
Insolvency Stage
🔵 Restructuring
Date Filed
24 August 2026
National Register ID
40103358646
Case Reference
C73433926
🔗 View original filing (data.gov.lv)
Associated Assets & Estate Scope

In Restructuring proceedings, the practitioner assesses and liquidates both tangible and intangible assets. Prospective acquirers can bid on the entire operating business or submit carve-out offers for specific asset classes:

⚙️ Plant & Equipment
Specialized tools, production machinery, vehicles
🏢 Property & Leases
Industrial premises, leasehold rights, regional depots
🏷️ Brand, IP & Data
Trademarks, domains, customer lists, order books
📦 Inventory & Stock
Finished goods, raw materials, supplier terms
Official asset inventory schedules are provided by the practitioner upon NDA signature.Check filing for creditor reports →
Proceedings Timeline
24 August 2026
Filing date
Active
Restructuring plan under negotiation with creditors
Physical Asset & Real Estate Recovery

Looking for seized equipment, plant machinery, or real estate in Latvia?

SIA Cargo Team.lv and other distressed entities often have commercial property, production lines, and vehicle fleets being liquidated through official judicial auctions at 30–70% below market value.