Financial Analysis of the Granada Commercial Registry

This report provides a detailed analysis of the most relevant events recorded in the Granada Commercial Registry up to July 17, 2024. The analyzed data includes various business activities such as appointments, incorporations, resignations, revocations, among others, reflecting the dynamics and current state of the business fabric in this province.

1. Appointments

The total number of recorded appointment acts is 21. This number reflects constant activity in the designation of managerial positions and other key roles within companies. For example, the Steelgran Componentes SA company, with a share capital of 1,111,887.00 euros, has recorded an appointment act. This type of activity is crucial for the renewal and continuity of business management.

2. Incorporations

There have been 6 acts of incorporation of new companies recorded. This data indicates a growing business environment and the confidence of entrepreneurs in the local economy. The creation of new companies is a positive indicator of economic health and development potential in the region.

3. Resignations

The number of recorded resignations is 14. This data can be interpreted as a reflection of the internal restructuring of companies, where changes occur in management or other key positions. For example, both Steelgran Componentes SA and the Empresa Municipal de Abastecimiento y Saneamiento de Granada SA have each recorded a resignation.

4. Revocations

There have been 4 revocation acts recorded. Revocations are usually related to the annulment of previously granted powers or authorizations. This type of act can indicate adjustments in the power structure within companies.

5. Unipersonalities

The registry shows 5 acts of unipersonality, indicating that some companies have become sole proprietorships. This change may be due to the restructuring of the company's ownership, where a single individual becomes the sole shareholder.

6. Address Changes

There have been 4 address changes recorded. These movements can indicate strategies for expansion, seeking better commercial locations, or logistical adjustments by companies.

7. Statutory Modifications

No statutory modification acts have been recorded. This could suggest stability in the internal regulations of the registered companies.

8. Capital Increases

One capital increase act has been recorded. Capital increases are an indicator that companies are seeking to increase their financial capacity to undertake new projects or expansions. This type of activity is crucial for business growth and competitiveness.

9. Dissolutions

One dissolution act has been recorded. Dissolutions can result from various circumstances, such as economic unviability, completion of specific projects, or strategic decisions by the owners.

10. Re-elections

Three re-election acts have been recorded. Re-elections usually reflect the continuity and confidence in the current management of companies. For example, both Steelgran Componentes SA and the Empresa Municipal de Abastecimiento y Saneamiento de Granada SA have recorded re-election acts, indicating stability in their leadership.

11. Insolvency Situations

No insolvency situations have been recorded. The absence of these acts is a positive indicator, suggesting that companies are not facing severe financial problems leading to insolvency processes.

12. Changes in Corporate Purpose

No changes in corporate purpose have been recorded. This could be interpreted as stability in the activities and objectives of the registered companies.

13. Name Changes

No name changes have been recorded. The absence of these acts suggests that companies maintain their corporate identity without the need for rebranding.

14. Capital Reductions

Two capital reduction acts have been recorded. Capital reductions can be a strategy to adjust the company's financial structure, returning capital to shareholders or adjusting the nominal value of shares.

15. Object Expansions

No object expansions have been recorded. This suggests that companies have not diversified or expanded their activities beyond their original corporate purpose.

16. Changes to Sole Proprietorship

One change to sole proprietorship has been recorded. This type of act indicates a restructuring in the company's ownership, where it becomes controlled by a single shareholder.

17. Losses of Sole Proprietorship

No losses of sole proprietorship have been recorded. This suggests that companies constituted as sole proprietorships have maintained this structure.

18. Extinctions

No extinctions have been recorded. The absence of these acts is a positive indicator of the operational continuity of the registered companies.

19. Mergers

No mergers have been recorded. The absence of mergers can be interpreted as market stability, where companies are not seeking consolidation through integration with other entities.

20. Company Transformations

No company transformations have been recorded. This suggests that companies maintain their original legal form without the need for transformations.

Conclusion

In summary, the analysis of the Granada Commercial Registry up to July 17, 2024, shows a relatively stable business environment with moderate activity in terms of appointments, incorporations, and resignations. The absence of insolvency situations and stability in other acts such as statutory modifications, changes in corporate purpose, and name changes suggest positive financial and operational health in most registered companies. Companies like Steelgran Componentes SA and the Empresa Municipal de Abastecimiento y Saneamiento de Granada SA are examples of entities reflecting this stability and market activity.