Financial Analysis of the Mercantile Registry of Granada

Report date: July 18, 2024

This financial report focuses on the most relevant events recorded in the Mercantile Registry of Granada. Below, the main movements and acts registered in various companies in the province are detailed, providing an overview of business activity in the region.

Appointments

The total number of appointment acts registered is 12. This type of act reflects the designation of new positions in companies, which may indicate strategic changes or expansions in the organizational structure. A notable example is the company MOTOCOCHE SL, which, although it has not registered recent appointments, is an entity with a share capital of 110,676.00 euros and its activity is in the automotive sector.

Constitutions

There have been 6 constitution acts registered, indicating the creation of new companies in the province. This is a positive indicator of economic growth and entrepreneurship in the region. The creation of new entities can bring innovation and new employment opportunities.

Resignations

The registry shows 4 resignation acts, representing the termination of the positions of certain directors or administrators. This type of movement may result from internal restructurings or changes in the strategic direction of companies.

Revocations

There has been 1 revocation act registered, implying the annulment of previous decisions or appointments. Revocations can be due to various reasons, including internal disagreements or changes in business policy.

Single-Member Companies

The registry includes 4 acts of single-member companies, indicating the transformation of companies into single-member companies. This type of change may reflect a consolidation of the ownership and control of the company in one person.

Address Changes

There has been 1 address change act registered, suggesting a relocation of the company's registered office. This movement may be motivated by various reasons, such as seeking better business opportunities or the need to expand facilities.

Statutory Modifications

The number of statutory modification acts is 2. Statutory modifications involve changes in the company's bylaws, which can affect fundamental aspects such as the corporate purpose, share capital, or company structure.

Capital Increases

No capital increase acts have been registered in this period. Capital increases are important for the growth and expansion of companies, as they allow obtaining new financial resources.

Dissolutions

There has been 1 dissolution act registered, indicating the closure of a company. Dissolutions can result from financial problems, lack of business viability, or strategic decisions by the owners.

Re-elections

The registry shows 1 re-election act, implying the renewal of managerial positions. Re-elections may reflect confidence in the current management and the continuity of the business strategy.

Insolvency Situations

There has been 1 insolvency situation act registered, indicating that a company has entered an insolvency process. An example is the company NUEVO GRANERO GRANADA SL, dedicated to the operation of bars and establishments related to hospitality, with a share capital of 500,000.00 euros. The insolvency situation may reflect significant financial difficulties.

Changes in Corporate Purpose

There have been 3 acts of changes in corporate purpose registered, implying a modification in the main activity of the companies. An example is the company PLECOSAN SL, which has modified its corporate purpose to include the import and export of machinery and industrial components, with a share capital of 102,000.00 euros.

Changes in Company Name

No acts of changes in company name have been registered. Changes in company name can be a strategy for rebranding or repositioning in the market.

Capital Reductions

No capital reduction acts have been registered. Capital reductions can be a measure to adjust the company's financial structure.

Extensions of Corporate Purpose

No acts of extensions of corporate purpose have been registered. Extensions of corporate purpose allow companies to diversify their activities and explore new markets.

Changes in Single-Member Company Status

There has been 1 act of change in single-member company status registered, indicating a transformation in the company's ownership structure.

Losses of Single-Member Status

No acts of losses of single-member status have been registered. The loss of single-member status implies that a company ceases to be a single-member company.

Closures

No closure acts have been registered. Closures represent the definitive closure of a company.

Mergers

No merger acts have been registered. Mergers are important for the consolidation and expansion of companies.

Transformations of Company

No acts of transformations of company have been registered. Transformations of company involve changes in the company's legal form.

In summary, the Mercantile Registry of Granada has shown moderate activity in terms of appointments, constitutions, and resignations. Although no capital increases or mergers have been registered, business activity remains dynamic with several changes in corporate purpose and insolvency situations. Companies like MOTOCOCHE SL, NUEVO GRANERO GRANADA SL, and PLECOSAN SL are examples of the diversity and complexity of the business fabric in Granada.