Financial Analysis of the Granada Commercial Registry

Date: July 3, 2024

This financial analysis focuses on the most relevant data from the Granada Commercial Registry, aiming to provide a detailed overview of business activities in this province. Below, the most relevant facts are described based on the different categories of registered acts.

Appointments and Dismissals

The number of registered appointment acts amounts to 32, indicating significant activity in the designation of new positions within companies. On the other hand, 14 dismissals have been registered, which could reflect a turnover in key positions. An example of a company with activity in these acts is Hielos Veleta SL, which has registered one appointment and one dismissal.

Constitutions and Dissolutions

13 new company constitutions have been registered, suggesting a favorable environment for entrepreneurship in Granada. In contrast, there have been 3 dissolutions, representing a lower proportion compared to new constitutions. This can be interpreted as a positive sign of economic stability. For example, Telmi Telecom SL, constituted on October 24, 2014, continues to operate without registered dissolutions.

Sole Proprietorships

Regarding sole proprietorship acts, 7 have been registered, indicating that several companies have opted for this structure. Additionally, there has been one change to a sole proprietorship and no losses of sole proprietorship status have been registered. An example is Telmi Telecom SL, which has registered one sole proprietorship act.

Address Changes and Statutory Modifications

The registry shows 4 address changes, which may reflect a strategic relocation of some companies to improve their operations. Additionally, 2 statutory modifications have been registered, which may indicate adjustments in the internal regulations of companies to adapt to new market circumstances.

Capital Increases and Reductions

6 capital increases have been registered, suggesting that several companies are in the process of expansion and seek to increase their financial capacity. Only one capital reduction has been registered, which is a good indicator of financial stability. For example, Steelgran Componentes SA, with a share capital of 1,111,887.00 euros, has not registered any recent capital increases or reductions.

Bankruptcy Situations

3 bankruptcy situations have been registered, indicating that some companies are facing financial difficulties. However, this number is relatively low compared to the total number of registered acts, suggesting that most companies in Granada maintain good financial health.

Changes in Purpose and Name

2 changes in purpose and 1 change in name have been registered, which may reflect strategic adjustments in the main activity of some companies to adapt to new market opportunities. These changes are relatively few, suggesting that most companies maintain their initial focus.

Mergers and Transformations

No acts of mergers or company transformations have been registered, indicating that there have been no significant movements in terms of consolidation or changes in business structure during the analyzed period.

Dissolutions

No dissolution acts have been registered, which is a good indicator of stability, as no company has completely ceased its operations during the analyzed period.

Conclusion

In summary, the analysis of the Granada Commercial Registry shows a dynamic business environment with a significant number of appointments and new company constitutions. Stability is reflected in the low number of dissolutions and bankruptcy situations. Capital increases also suggest growth and expansion of existing companies. Although there are some address changes and statutory modifications, these are relatively few, indicating stability in business operations. Overall, the financial outlook in Granada appears positive and promising.

For more details on the mentioned companies, you can visit their profiles at the following links:

• Hielos Veleta SL
• Telmi Telecom SL
• Steelgran Componentes SA