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← Browse/SIA "Horse Span"

SIA "Horse Span"

🔵 Restructuring🇱🇻 Latvia📍 Rīga🏭 General Business
Deal score · registry data
74/100 · MEDIUM

revenue EUR 2.2M; restructuring (going concern); procedure started 17 days ago; 15 employees; equity 9% of assets in last accounts; -4.6% net margin in last accounts

Procedure restructuringProcedure started 30 September 2026Revenue 🔒 ProNet margin 🔒 ProEquity 🔒 ProEmployees 15
Latest filed accounts: 31 December 2024. Sources: Insolvency Register open data + annual reports (Uzņēmumu reģistrs open data, via VID).
Company Overview

Legal protection proceeding (court-supervised rescue plan) started; court: Rīgas pilsētas tiesa; case C771554226.

Financial Profile
Employees
Not disclosed
Revenue Range
Not disclosed
Insolvency Details
Country & Jurisdiction
🇱🇻 Latvia
Region
Rīga
Sector
General Business
Insolvency Stage
🔵 Restructuring
Date Filed
30 September 2026
National Register ID
50103934151
Case Reference
C771554226
🔗 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
30 September 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 "Horse Span" 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.