Financial Analysis of the Commercial Registry of A Coruña

Report Date: September 19, 2024

Introduction

This report aims to analyze the most relevant events recorded in the Commercial Registry of A Coruña. Various categories of commercial acts have been considered, including appointments, incorporations, resignations, revocations, sole proprietorships, changes of address, statutory modifications, capital increases, dissolutions, re-elections, bankruptcy situations, changes of purpose, changes of name, capital reductions, expansions of purpose, changes of sole proprietorship, losses of sole proprietorship, extinctions, mergers, and transformations of society.

Summary of Commercial Acts

In the Commercial Registry of A Coruña, a total of 66 appointments, 13 incorporations, 31 resignations, 9 revocations, 9 sole proprietorships, 9 changes of address, 21 statutory modifications, 2 capital increases, 8 dissolutions, 8 re-elections, 2 bankruptcy situations, 2 changes of purpose, 0 changes of name, 0 capital reductions, 0 expansions of purpose, 2 changes of sole proprietorship, 0 losses of sole proprietorship, 1 extinction, 0 mergers, and 0 transformations of society have been recorded.

Appointments

Appointments are the most frequent commercial act, with a total of 66 records. This high number indicates an active dynamic in the management of companies, with frequent changes in management and administration positions. A notable example is ABANCA CORPORACION BANCARIA SA, which has recorded 4 appointments. This company, with a share capital of 2,476,208,900.00 euros, is one of the most important financial entities in the region.

Incorporations

13 new company incorporations have been recorded, reflecting a growing business environment. The creation of new companies is a positive indicator of the region's economic health. Among the incorporated companies, ESPACIA AVANTE SL stands out, incorporated on February 22, 2000, with a share capital of 410,072,092.00 euros. This company is dedicated to technical engineering, architecture, and urban planning services, among others.

Resignations and Revocations

Resignations and revocations total 31 and 9 respectively. These acts reflect changes in the administration of companies, which may be due to various reasons, such as internal restructurings or strategic changes. For example, ABANCA CORPORACION BANCARIA SA has recorded 1 resignation and 1 revocation, indicating adjustments in its management structure.

Sole Proprietorships and Changes of Address

9 acts of sole proprietorship and 9 changes of address have been recorded. These acts reflect the flexibility and adaptability of companies in the region. Sole proprietorship may indicate a consolidation of business control, while changes of address may respond to strategies for optimizing resources and operations.

Statutory Modifications

Statutory modifications, with a total of 21 records, indicate the evolution and adaptation of companies to new legal and market circumstances. These modifications allow companies to adjust their statutes to improve their operation and competitiveness.

Capital Increases

2 capital increases have been recorded, suggesting that some companies are in the process of expansion and require greater financial resources. Capital increases are a positive sign of growth and confidence in the company's future.

Dissolutions and Re-elections

Dissolutions and re-elections total 8 records each. Dissolutions indicate the closure of companies, which may be due to various reasons, such as economic unviability or the completion of specific projects. On the other hand, re-elections reflect continuity and stability in the administration of companies.

Bankruptcy Situations

2 bankruptcy situations have been recorded, indicating that some companies are facing significant financial difficulties. These situations require careful management to attempt recovery and avoid liquidation.

Changes of Purpose and Name

2 changes of purpose and no changes of name have been recorded. Changes of purpose reflect the adaptation of companies to new business opportunities or the need to diversify their activities.

Capital Reductions and Expansions of Purpose

No capital reductions or expansions of purpose have been recorded. This suggests stability in the capital structure and activities of companies in the region.

Changes of Sole Proprietorship and Losses of Sole Proprietorship

2 changes of sole proprietorship and no losses of sole proprietorship have been recorded. These changes may reflect adjustments in the ownership structure of companies.

Extinctions, Mergers, and Transformations of Society

1 extinction and no mergers or transformations of society have been recorded. The extinction indicates the definitive closure of a company, while the absence of mergers and transformations suggests stability in the business structure of the region.

Conclusion

The analysis of the commercial acts recorded in the Commercial Registry of A Coruña reveals an active and constantly evolving business dynamic. The numerous appointments, incorporations, and statutory modifications indicate a growing and adapting business environment. However, challenges are also observed, such as bankruptcy situations and dissolutions. Overall, the region shows signs of economic vitality, with companies like ABANCA CORPORACION BANCARIA SA and ESPACIA AVANTE SL playing a prominent role in the business landscape.