Financial Analysis of the Lugo Commercial Registry

Analysis date: July 11, 2024

The Lugo Commercial Registry has recorded a series of business activities over time, reflecting the dynamics and evolution of companies in the region. Below is a detailed analysis of the most relevant facts.

Appointments and Resignations

The number of appointment acts amounts to 8, while the recorded resignations are 6. These movements indicate significant activity in the management and administration of companies. For example, Técnicas de Firmes SL, established on October 1, 2020, has recorded 1 appointment and 1 revocation. This company, with a share capital of €1,805,080.00, is dedicated to the manufacture of hot mix asphalt and related products, as well as the development of techniques related to roads and public works.

Constitutions and Dissolutions

The registry shows 1 act of constitution and 1 act of dissolution. The establishment of new companies is crucial for the economic growth of the region. In contrast, the dissolution of a company may reflect financial difficulties or strategic changes. In this context, Construcciones Vila Río Miño SA, established on January 1, 1989, has not recorded acts of dissolution, suggesting stability in its operation despite being in a bankruptcy situation.

Revocations and Re-elections

There have been 1 act of revocation and 2 of re-election. Revocations can indicate necessary changes in administration, while re-elections often reflect confidence in the current management. Técnicas de Firmes SL has recorded 1 revocation, which could indicate adjustments in its administrative structure.

Single-person Companies and Changes in Single-person Company Status

The registry includes 1 act of single-person company status and 2 of changes in single-person company status. These acts are important to understand the ownership structure of companies. Single-person status can facilitate decision-making, while changes may reflect an evolution in the company's structure.

Address Changes

There have been 2 acts of address changes. These changes can be strategic, seeking better locations for operations or tax benefits. Although no companies are specified in this context, it is an indicator of the mobility and adaptation of companies in Lugo.

Capital Increases and Reductions

The acts of capital increase are 2, while the capital reductions are 1. Capital increases usually indicate growth or the need to finance new projects. On the other hand, capital reductions can be a strategy to adjust the financial structure. Técnicas de Firmes SL, with a share capital of €1,805,080.00, has not recorded capital increases or reductions, suggesting financial stability.

Bankruptcy Situations

1 bankruptcy situation has been recorded. Bankruptcy situations reflect significant financial difficulties. Construcciones Vila Río Miño SA is in this situation, which could indicate financial problems despite its share capital of €22,000,000.00.

Changes in Business Purpose and Name

The registry shows 1 act of change in business purpose and 0 of change in name. Changes in business purpose can reflect an adaptation to new market opportunities. Técnicas de Firmes SL has a well-defined business purpose related to the manufacture and commercialization of products for roads and public works.

Extinctions, Mergers, and Company Transformations

No acts of extinctions, mergers, or company transformations have been recorded. The absence of these acts may indicate stability in the business structure of the region.

Conclusion

In summary, the Lugo Commercial Registry reflects dynamic business activity with significant movements in the administration of companies. Capital increases and address changes indicate growth and adaptation strategies, while bankruptcy situations and dissolutions indicate financial challenges. Companies like Técnicas de Firmes SL and Construcciones Vila Río Miño SA stand out in this analysis for their activity and financial situation.

This analysis provides a comprehensive view of the business situation in Lugo, highlighting both the opportunities and challenges faced by companies in the region.