Financial Analysis of the Lugo Commercial Registry

Analysis date: July 1, 2024

This financial analysis focuses on the most relevant events recorded in the Lugo Commercial Registry. Below, the main corporate actions and their impact on the business fabric of the province are described.

Appointments

The number of recorded appointment acts amounts to 17. This data reflects significant activity in the renewal and designation of executive positions within Lugo companies. A notable example is the company Casa Castelao SL, which has made two appointments. This company, with a share capital of 900,899 euros, is dedicated to the manufacture of meat products and wholesale trade of live animals and meat products.

Constitutions

6 acts of company constitution have been registered. This indicator is positive as it shows dynamism in the creation of new companies in the region. The creation of new companies is essential for economic growth and job generation.

Resignations

The number of recorded resignations is 9. These acts may be due to various reasons, including internal restructuring of companies or the departure of partners and executives. An example is the company Jesús Alonso Rodríguez SL, which has recorded a resignation. This company, with a share capital of 601,012 euros, has not carried out other significant acts in the analyzed period.

Revocations

2 acts of revocation have been registered. These acts usually involve the annulment of previously granted powers, which may indicate changes in the power structure within companies.

Sole Proprietorships

Only one act of sole proprietorship has been registered, indicating that a company has become owned by a single partner. This type of change can have implications for the management and control of the company.

Address Changes

One address change has been registered. This act may indicate a strategy of expansion or relocation to improve the company's operability. An example is the company Lucuscar SL, which has made an address change. Lucuscar SL, with a share capital of 400,000 euros, is dedicated to the sale of automobiles and light motor vehicles, among other activities.

Statutory Modifications

One act of statutory modification has been registered. These types of changes may include modifications to the corporate purpose, capital structure, or internal operating rules of the company.

Capital Increases

One act of capital increase has been registered. These types of acts indicate an injection of financial resources into the company, which can be used for expansion, investment in new projects, or improving solvency.

Dissolutions

One act of dissolution has been registered. This act marks the beginning of the liquidation process of a company, which may result from financial problems, lack of business viability, or strategic decision by the partners. An example is the company Jesús Alonso Rodríguez SL, which has registered an act of dissolution.

Bankruptcy Situations

10 acts of bankruptcy situations have been registered. This data is concerning as it indicates that several companies are facing significant financial difficulties. Bankruptcy situations can lead to debt restructuring or, in extreme cases, the liquidation of the company.

Other Relevant Acts

Additional acts such as changes in corporate purpose, capital reductions, expansions of corporate purpose, and extinctions have been registered. These acts reflect the diversity of changes and adaptations that companies make to remain competitive and viable in the market.

Examples of Companies

• Lucuscar SL: Share capital of 400,000 euros. Main activities include the sale of automobiles and light motor vehicles.
• Casa Castelao SL: Share capital of 900,899 euros. Dedicated to the manufacture of meat products and wholesale trade of live animals and meat products.
• Jesús Alonso Rodríguez SL: Share capital of 601,012 euros. Has registered acts of resignation and dissolution.

In conclusion, the analysis of the acts recorded in the Lugo Commercial Registry shows a mixed picture. While there are signs of dynamism and growth, such as the constitution of new companies and capital increases, there are also concerning indicators like bankruptcy situations and dissolutions. It is crucial that companies in the region continue to adapt and seek growth opportunities to ensure their long-term viability.