Financial Analysis of the Commercial Registry of A Coruña

Report date: July 30, 2024

This financial report aims to analyze the most relevant facts recorded in the Commercial Registry of A Coruña. Below, the most significant commercial acts that have taken place are detailed, with special emphasis on the most prominent companies in the region.

Appointments

The total number of registered appointment acts amounts to 38. This data reflects an active dynamic in the designation of new positions within companies, which may indicate organizational restructuring or business expansion. A notable example is the company APPLUS NORCONTROL SL, which has a share capital of 2,000,000.00 euros and is dedicated to the management and administration of representative values of the own funds of entities not resident in Spanish territory.

Constitutions

A total of 10 constitution acts have been registered, suggesting moderate growth in the creation of new companies. This data is encouraging, as it indicates a continued interest in entrepreneurship and investment in the region. The company PUNTO COMPOSTELA SL, constituted on February 18, 1999, is an example of an established company dedicated to the rental of computer equipment and the intermediation of computer consumables, with a share capital of 1,500,000.00 euros.

Cessations

The number of registered cessations is 20. This data can be interpreted as an indicator of changes in the managerial structure of companies, which can be due to various reasons, such as retirements, strategic changes, or internal restructurings. An example is the company NOA MADERA CREATIVA SL, which is dedicated to the design, manufacture, and installation of wooden furniture, and has registered a cessation in its history.

Revocations

4 revocation acts have been registered. Revocations can be related to the annulment of previously granted powers or authorizations, which can be part of restructuring processes or changes in business management.

Unipersonalities

The number of unipersonality acts is 7. This data indicates that several companies have adopted the figure of a single-member company, which can be a strategy to simplify the organizational structure and facilitate decision-making.

Address Changes

1 address change act has been registered. This type of act can be indicative of an expansion strategy or the search for better operating conditions. Although the number is low, each address change can have a significant impact on the company's operations.

Statutory Modifications

The number of statutory modifications is 8. Modifications in the statutes of companies can reflect changes in the company's structure, its corporate purpose, or other fundamental aspects of its operation. The company JUMO SERVICIOS INMOBILIARIOS SA, with a share capital of 6,958,000.00 euros, has expanded its corporate purpose on several occasions, including the exploitation of hunting activities and the commercialization of real estate.

Capital Increases

2 capital increase acts have been registered. Capital increases are a positive sign of growth and confidence in the future of companies, as they allow increasing the resources available for investment and expansion.

Dissolutions

The number of dissolutions is 6. Dissolutions can result from various reasons, such as economic difficulties, strategic decisions, or mergers. The company PUNTO COMPOSTELA SL has registered a dissolution act, marking the end of its business activity.

Re-elections

No re-election acts have been registered. The absence of re-elections may indicate stability in the current managerial positions or a lack of need to renew mandates in the analyzed period.

Bankruptcy Situations

The number of bankruptcy situations is 10. This data is concerning, as it indicates that several companies are experiencing significant financial difficulties that have led them to initiate bankruptcy proceedings.

Changes in Corporate Purpose

1 act of change in corporate purpose has been registered. Changes in the corporate purpose of companies can reflect an adjustment in business strategy to adapt to new market opportunities or to diversify their activities.

Changes in Corporate Name

The number of changes in corporate name is 2. Changing the corporate name can be part of a rebranding strategy or a broader restructuring within the company.

Capital Reductions

No capital reduction acts have been registered. The absence of capital reductions can be a positive sign, indicating that companies have not needed to decrease their share capital base.

Extensions of Corporate Purpose

No acts of extension of corporate purpose have been registered. This may indicate that companies have not seen the need to diversify or expand their activities in the analyzed period.

Changes in Single-Member Company

The number of changes in single-member company is 2. This type of change can reflect a transition in the company's ownership structure, moving from a single-member company to a structure with multiple partners or vice versa.

Losses of Single-Member Company Status

No acts of loss of single-member company status have been registered. The absence of these acts suggests that companies that adopted the figure of a single-member company have maintained this structure during the analyzed period.

Extinctions

No extinction acts have been registered. The absence of extinctions is a positive sign, indicating that no company has completely ceased its activity in the analyzed period.

Mergers

No merger acts have been registered. The absence of mergers may indicate a lack of consolidation in the market or that companies have opted for other forms of growth and expansion.

Transformations of Company

No acts of transformation of company have been registered. This suggests that companies have maintained their current legal form without the need to make significant structural changes.

In conclusion, the analysis of the acts registered in the Commercial Registry of A Coruña reveals a dynamic business activity, with a significant number of appointments and constitutions, as well as some cessations and dissolutions. Companies in the region are adapting to new opportunities and challenges, reflected in statutory modifications and capital increases. However, the presence of bankruptcy situations also indicates that some companies are facing financial difficulties. This report provides an overview of the current state of the business fabric in A Coruña, highlighting both the opportunities and challenges that companies in the region face.