BORME summary in BARCELONA on 2024-07-17.

Financial Analysis of the Barcelona Commercial Registry

Financial Analysis of the Barcelona Commercial Registry

Report date: July 17, 2024

This report provides a detailed analysis of the acts registered in the Barcelona Commercial Registry, highlighting the most relevant facts and their impact on the business environment of the region. Below, the main acts are broken down and concrete examples of companies that have carried out these acts are presented.

Appointments

The number of registered appointment acts is 312. This high number reflects an active business dynamic, with frequent changes in the management and administration of companies. A notable example is the company VBH IBERIA SL, which has registered an appointment in its history. This company, established on June 8, 1995, and with a share capital of 200,000,000.00 euros, is dedicated to the trade of fittings for windows and window doors, as well as the handling of objects in this sector.

Constitutions

88 acts of new company constitution have been registered. This data indicates a favorable environment for entrepreneurship and the creation of new companies. The creation of new companies is essential for economic growth and job creation in the region.

Revocations

The number of revocation acts amounts to 152. Revocations can be due to various reasons, such as changes in the company structure or the termination of mandate contracts. For example, the company PRYSMIAN CABLES SPAIN SA has registered a revocation in its history. This company, established on July 14, 1975, and with a share capital of 58,178,234.00 euros, is dedicated to the manufacture, installation, purchase, sale, import, and export of electrical or telecommunications wires and cables, as well as their accessories and derived articles.

Change of Address

47 acts of change of address have been registered. Changes of address can indicate the expansion of companies or the search for more strategic locations for their operations.

Statutory Modifications

The number of statutory modification acts is 25. Statutory modifications are changes in the company's statutes, which may include changes in the corporate purpose, capital structure, or company governance.

Capital Increases

43 acts of capital increase have been registered. Capital increases are a positive indicator of companies' ability to attract investments and finance their growth. For example, the company GC LATIN AMERICA HOLDINGS SL, established on October 11, 2007, and with a share capital of 151,042,030.00 euros, is dedicated to the manufacture and sale of all kinds of wires and cables, especially for electrical conduits, as well as the manufacture and sale of all kinds of electrical appliances.

Dissolutions

The number of dissolution acts is 8. Dissolutions can be due to various reasons, such as the end of business activity, merger with other companies, or insolvency.

Change of Corporate Purpose

19 acts of change of corporate purpose have been registered. Changes in corporate purpose reflect companies' adaptation to new business opportunities or market changes.

Change of Name

The number of name change acts is 7. Name changes can be part of a rebranding strategy or business restructuring.

Capital Reductions

5 acts of capital reduction have been registered. Capital reductions can be a measure to adjust the company's financial structure or to return capital to shareholders.

Mergers and Transformations

1 act of merger and 1 act of company transformation have been registered. Mergers and transformations are business strategies to improve competitiveness and operational efficiency. For example, the company LANXESS CHEMICALS SL, with a share capital of 70,921,924.00 euros, might be considering such strategies to strengthen its market position.

Conclusion

In summary, the Barcelona Commercial Registry shows dynamic and diverse business activity, with numerous acts of appointments, constitutions, revocations, and capital increases. These acts reflect a constantly evolving business environment, with companies adapting to new market opportunities and challenges. The presence of companies with high share capitals and diversified activities, such as VBH IBERIA SL, PRYSMIAN CABLES SPAIN SA, GC LATIN AMERICA HOLDINGS SL, and LANXESS CHEMICALS SL, underscores the importance of Barcelona as a key business center in Spain.