Financial Analysis of the Mercantile Registry of Ourense

The purpose of this report is to analyze the most relevant data from the Mercantile Registry of the province of Ourense, dated June 24, 2024. Various columns reflecting mercantile activity in the region have been considered, including appointments, incorporations, resignations, revocations, sole proprietorships, address changes, statutory modifications, capital increases, dissolutions, re-elections, insolvency situations, object changes, name changes, capital reductions, object extensions, sole proprietorship changes, loss of sole proprietorship, terminations, mergers, and company transformations.

Mercantile Registry of Ourense

The Mercantile Registry of Ourense has recorded a series of significant activities in the last period. The most relevant facts are detailed below:

Appointments

A total of 8 appointment acts have been registered. These acts are essential for the renewal and updating of the companies' administrative bodies. The company LIMPIEZAS CANEIRO SL, with a share capital of 500,000.00 euros, has not registered recent appointments, which could indicate stability in its management team.

Incorporations

Only one incorporation act has been registered. This data suggests a low rate of new company creation in the region during the analyzed period. The incorporation of new companies is a key indicator of a region's economic dynamism.

Resignations

6 resignation acts have been registered. Resignations can be due to various reasons, such as business strategy changes, retirements, or internal restructurings. It is important to monitor these acts to assess the stability of companies in the region.

Revocations

No revocation acts have been registered. Revocations are usually related to the withdrawal of powers previously granted to administrators or attorneys.

Sole Proprietorships

One sole proprietorship act has been registered. These types of acts indicate that the company is owned by a single partner. The company LIMPIEZAS CANEIRO SL has not registered sole proprietorship acts, suggesting it may have multiple partners.

Address Changes

3 address change acts have been registered. Address changes can reflect an expansion, contraction, or restructuring of a company's operations. The company LIMPIEZAS CANEIRO SL has registered an address change, which could be related to an expansion or relocation strategy.

Statutory Modifications

No statutory modification acts have been registered. Statutory modifications are changes in the company's bylaws and may include aspects such as the corporate purpose, share capital, among others.

Capital Increases

3 capital increase acts have been registered. Capital increases are a positive indicator, as they reflect companies' intention to increase their financial capacity to undertake new projects or expand their operations.

Dissolutions

One dissolution act has been registered. The dissolution of a company can be due to various reasons, such as financial problems, lack of business viability, or strategic decisions by the partners.

Re-elections

2 re-election acts have been registered. Re-elections are important for the continuity and stability of companies' administration.

Insolvency Situations

No insolvency situation acts have been registered. Insolvency situations are judicial processes that begin when a company cannot meet its debts and seeks an orderly solution for its creditors.

Object Changes

2 object change acts have been registered. Object changes reflect companies' intention to diversify or change their main activity. The company LIMPIEZAS CANEIRO SL has expanded its corporate purpose on several occasions, including activities such as washing and cleaning of textile and leather garments, and rental of real estate on its own account.

Name Changes

No name change acts have been registered. Name changes reflect a new corporate identity or a company restructuring.

Capital Reductions

No capital reduction acts have been registered. Capital reductions can be a sign of financial problems or a strategy to adjust the company's capital structure.

Object Extensions

2 object extension acts have been registered. Object extensions reflect companies' intention to diversify their activities and explore new markets. The company LIMPIEZAS CANEIRO SL has expanded its corporate purpose on several occasions, indicating a diversification and growth strategy.

Sole Proprietorship Changes

No sole proprietorship change acts have been registered. These types of acts reflect the transition of a company to a sole proprietorship structure.

Loss of Sole Proprietorship

No loss of sole proprietorship acts have been registered. Loss of sole proprietorship indicates that a company has transitioned from being owned by a single partner to having multiple partners.

Terminations

No termination acts have been registered. Terminations reflect the end of a company's legal existence.

Mergers

No merger acts have been registered. Mergers are processes in which two or more companies join to form a new entity, which can be a strategy to increase competitiveness and market capacity.

Company Transformations

No company transformation acts have been registered. Company transformations involve changes in the company's legal form, which can be a strategy to adapt to new circumstances or take advantage of tax benefits.

Conclusion

In summary, the Mercantile Registry of Ourense has shown moderate activity in terms of appointments, resignations, and capital increases. The low rate of incorporations and the absence of insolvency situations and mergers suggest relative stability in the region's business fabric. Companies like LIMPIEZAS CANEIRO SL have shown diversification and expansion strategies, which is a positive indicator for the economic dynamism of Ourense.