Financial Analysis of the Asturias Commercial Registry

Date: August 16, 2024

This report presents a detailed analysis of the acts registered in the Asturias Commercial Registry, highlighting the most relevant facts and making references to some specific companies to enrich the information.

Summary of Registered Acts

Below is a summary of the most relevant acts registered in the Asturias Commercial Registry:

• Appointments: 60
• Constitutions: 31
• Terminations: 25
• Revocations: 0
• Sole Proprietorships: 15
• Address Changes: 3
• Statutory Modifications: 15
• Capital Increases: 1
• Dissolutions: 4
• Re-elections: 10
• Bankruptcy Situations: 8
• Object Changes: 3
• Name Changes: 1
• Capital Reductions: 0
• Object Expansions: 0
• Sole Proprietorship Changes: 0
• Sole Proprietorship Losses: 0
• Extinctions: 1
• Mergers: 1
• Company Transformations: 0

Detailed Analysis

Appointments and Terminations

The number of registered appointments is significant, with a total of 60 acts. This reflects active dynamics in the management and direction of companies in Asturias. On the other hand, 25 terminations were registered, indicating some turnover in executive positions.

An example of a company active in this aspect is RIO ALBA INVER SA, which has registered 1 appointment and 1 termination. This company has a share capital of 99,831,600.00 euros.

Constitutions and Dissolutions

31 new company constitutions have been registered, which is a positive indicator of the creation of new business initiatives in the region. However, 4 dissolutions were also registered, showing that some companies have ceased operations.

One of the companies constituted is JAVIER LASTRA INVERSIONES INMOBILIARIAS SL, with a share capital of 6,500,000.00 euros, dedicated to the purchase and rental of real estate.

Sole Proprietorships

15 acts of sole proprietorships have been registered, indicating that several companies have adopted this legal form. This may be a strategy to simplify the business structure and reduce administrative costs.

Statutory Modifications

With 15 registered statutory modifications, it is evident that companies in Asturias are adapting to new market conditions and needs. These modifications may include changes in the corporate purpose, capital structure, among other aspects.

An example is OBREROL SA, whose main activity is the design and manufacture of clothing and protective equipment. This company has a share capital of 117,264,000.00 euros.

Capital Increases

Only one capital increase has been registered, which could indicate a certain caution in investment by companies. However, this increase may be significant for the company that has carried it out, allowing it to finance new projects or expand its operations.

Bankruptcy Situations

8 bankruptcy situations have been registered, reflecting financial difficulties in some companies in the region. This is an important indicator to monitor, as it can affect economic stability and employment in Asturias.

Other Relevant Acts

Among other registered acts, there are 3 address changes, 3 changes in corporate purpose, 1 name change, 1 extinction, and 1 merger. These acts reflect the dynamics and adaptation of companies to new market conditions.

For example, TRANSPORTES AFGSL, with a share capital of 12,000,000.00 euros, is dedicated to auxiliary and complementary activities of freight and passenger transport.

Conclusion

In summary, the Asturias Commercial Registry shows dynamic business activity with a considerable number of appointments, constitutions, and statutory modifications. However, challenges are also observed reflected in dissolutions and bankruptcy situations. It is crucial that companies continue to adapt and seek growth opportunities to maintain economic stability and prosperity in the region.