Financial Analysis of the Mercantile Registry of Bizkaia

Analysis date: September 10, 2024

This financial analysis focuses on the acts registered in the Mercantile Registry of Bizkaia, highlighting the most relevant facts and their impact on the business fabric of the province. Below are the main observations based on the available data.

Registered Acts

The Mercantile Registry of Bizkaia has registered a total of 114 appointments, 16 incorporations, 39 cessations, 17 revocations, 9 unipersonalities, 4 address changes, 4 statutory modifications, 2 capital increases, 9 dissolutions, 4 re-elections, 0 bankruptcy situations, 1 change of purpose, 1 change of name, 3 capital reductions, 0 purpose expansions, 1 change of unipersonal company, 0 loss of unipersonality, 0 extinctions, 0 mergers, and 1 company transformation.

Appointments and Cessations

Appointments represent the most frequent act, with a total of 114 records. This indicates active dynamics in the management and direction of companies in Bizkaia. On the other hand, 39 cessations have been registered, suggesting some turnover in managerial positions. An example of a company with a recent appointment is Ingeniería y Construcción de Matrices SA, which has registered an appointment in the last period.

Incorporations and Dissolutions

16 new company incorporations have been registered, reflecting moderate growth in the creation of new entities in the province. However, 9 dissolutions have also been registered, which could indicate economic or strategic challenges for some companies. An example of a recently incorporated company is Gestamp Global Tooling SL, founded on July 21, 2010, with a share capital of 62,500,000.00 euros.

Revocations and Re-elections

Revocations and re-elections are less frequent, with 17 and 4 acts registered respectively. This suggests relative stability in managerial positions, although revocations significantly outnumber re-elections. An example of a company with revocations is Asemas Mutua de Seguros y Reaseguros a Prima Fija, which has registered 3 revocations.

Unipersonalities and Changes of Unipersonal Company

9 acts of unipersonalities and 1 change of unipersonal company have been registered. This indicates that some companies are opting for unipersonal ownership structures, which may imply greater concentration of control and responsibility in a single owner.

Address Changes and Statutory Modifications

Address changes and statutory modifications are relatively infrequent, with 4 acts registered in each category. This suggests that most companies maintain their location and statutory structure stable.

Capital Increases and Reductions

2 capital increases and 3 capital reductions have been registered. Capital increases indicate an injection of financial resources for growth or expansion, while reductions may reflect financial adjustments or restructurings. An example of a company with significant share capital is Adral Matricería y Puesta a Punto SL, with a share capital of 600,000,000.00 euros.

Dissolutions and Bankruptcy Situations

Dissolutions are relatively frequent with 9 acts registered, while no bankruptcy situations have been registered. This suggests that, although some companies are closing, there is no significant increase in insolvencies or bankruptcies.

Changes of Purpose and Name

1 change of purpose and 1 change of name have been registered. These acts reflect strategic adjustments in the mission and vision of companies, possibly in response to market changes or their competitive environment.

Company Transformations

1 company transformation has been registered, indicating that some companies are opting to change their legal structure to better suit their operational or strategic needs.

Conclusion

In summary, the Mercantile Registry of Bizkaia shows dynamic business activity with a significant number of appointments and cessations, reflecting turnover in managerial positions. The creation of new companies and dissolutions are balanced, suggesting a constantly evolving business environment. Capital increases and reductions, although less frequent, indicate strategic financial adjustments by companies. Stability in address changes and statutory modifications suggests that companies in Bizkaia maintain a relatively constant organizational structure. Finally, the absence of bankruptcy situations is a positive indicator of the financial health of companies in the province.