Financial Analysis of the Commercial Registry of Castellón/Castelló

Report date: August 14, 2024

Introduction

This financial analysis focuses on the most relevant events recorded in the Commercial Registry of Castellón/Castelló. Through a detailed examination of the most significant acts, a comprehensive view of business dynamism in this province will be provided. Specific companies will be referenced to illustrate some of these acts, using links to their profiles for more detail.

Appointments and Dismissals

The number of recorded appointment acts is notable, reaching a total of 10. This data suggests significant activity in the renewal and assignment of managerial positions within the province's companies. On the other hand, 8 dismissals were recorded, indicating a considerable level of turnover in leadership positions.

An example of a company with appointment activity is ERMITES SL, which has a share capital of 1,000,000.00 euros and is dedicated to the purchase, sale, and leasing of real estate, as well as the construction and promotion of buildings.

Incorporations and Dissolutions

The registry shows 2 incorporation acts, reflecting a continued interest in the creation of new companies in the region. In contrast, 2 dissolutions were recorded, suggesting that some companies failed to remain operational.

A relevant case is ICA MAQUINARIA CERAMICA SL, which has a share capital of 10,512,000.00 euros and has recorded an act of dissolution, indicating the cessation of its operations.

Revocations and Re-elections

3 revocation acts were recorded, which may imply management adjustments or strategic changes within the companies. Additionally, there were 4 re-elections, suggesting continued confidence in certain executives to lead the companies.

Sole Proprietorships and Changes in Sole Proprietorship

Only 1 sole proprietorship act was recorded, and there were no changes in sole proprietorship. This may indicate stability in the ownership structure of companies in the region.

Address Changes and Statutory Modifications

There were 2 address change acts, which may reflect companies seeking better locations or operating conditions. Additionally, 3 statutory modifications were recorded, suggesting adjustments in internal regulations to adapt to new circumstances or strategies.

An example is ERMITES SL, which has recorded 1 statutory modification, possibly to align with its corporate purpose of purchasing, selling, and leasing real estate.

Capital Increases and Reductions

No acts of capital increases or reductions were recorded, which may indicate stability in the financing needs of companies in the province.

Dissolutions and Extinctions

Besides the aforementioned dissolutions, no extinction acts were recorded, suggesting that companies that ceased operations have not completed the total liquidation process.

Mergers and Company Transformations

1 merger act was recorded, which may indicate a market consolidation strategy. However, there were no company transformations, suggesting that companies prefer to maintain their current structures.

Bankruptcy Situations

No bankruptcy situation acts were recorded, which is a positive indicator of the financial health of companies in the region, as none have entered insolvency or bankruptcy processes.

Changes in Corporate Purpose and Name

1 act of change in corporate purpose was recorded, which may reflect a strategic adaptation to new business opportunities. No name changes were recorded, indicating stability in the corporate identity of companies.

Conclusion

In summary, the analysis of the acts recorded in the Commercial Registry of Castellón/Castelló reveals dynamic business activity with a focus on managerial renewal and strategic adjustments. Stability in aspects such as share capital and ownership structure, along with the absence of bankruptcy situations, suggests robust financial health in the region. Companies like ERMITES SL and ICA MAQUINARIA CERAMICA SL illustrate some of these movements and adjustments, reflecting the trends observed in the local market.