RED CHILLIES ENTERPRISES OÜ: Snooze Story
RED CHILLIES ENTERPRISES OÜ, from Harju County, was registered 2 years ago, whilst already in the EU. The newborn venture did not utter a sound and is still fast asleep to this day, lying dormant in the portfolio of Gurpartap Singh-.
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There are in all 79 559 such "Sleeping Beauties" in Estonia today (altogether 28.1% of all registered companies). There are 5 058 snoozers in the sector, making up 28.0% of the sector. The snoring is deafening. Within the sector, in the same EMTAK field "Kontsertide lavastamine ja esitamine, muusikaline loometegevus jms tegevus", 430 companies have been set up only to collect dust on a shelf (17.9% of the field).
If on average Estonian companies are active for up to 8 years, then whether hibernating or awake, RED CHILLIES ENTERPRISES OÜ is still wet behind the ears.
The company was set up by Gurpartap Singh- and a seat on the board was taken up by mees Jagtar Singh Saini, in his/her golden years at 36 years old (b. 28.02.1984). The fresh board member had no previous experience to show. He/she could not or would not make the company rise and shine and is still waiting for the company to magically resurrect. RED CHILLIES ENTERPRISES OÜ has seen 2 Prince(ss) Board Members come to the rescue, but their kiss has not been enough to break the spell, because the Sleeping Beauty has not stirred.
Board member Jagtar Singh Saini is a brilliant executive with 5 companies to run, all nice and proper, not in debt or anything! With Jagtar Singh Saini in charge, turnover reached 9 111 euros and companies produced a profit of 1 646 euros (in 2018).
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