Financial Analysis of the Mercantile Registry of Palencia

Report Date: August 1, 2024

This financial report aims to analyze the most relevant events recorded in the Mercantile Registry of Palencia. Below, the most significant acts that have taken place in this province during the analyzed period are detailed.

Mercantile Registry of Palencia

The Mercantile Registry of Palencia has recorded a series of acts that reflect the business dynamics of the region. Below, the main recorded acts are described:

Appointments and Terminations

During the analyzed period, a total of 2 appointments and 3 terminations have been recorded. These acts indicate changes in the managerial structure of companies, which may be due to various reasons, such as internal reorganization, strategic adjustments, or changes in ownership.

Constitutions and Dissolutions

One act of constitution and 2 acts of dissolution have been recorded. The constitution of new companies is a positive indicator of economic activity, while dissolutions may reflect financial difficulties or market changes. An example of a recently constituted company is ROOTECO AGRICULTURE SL, constituted on August 2, 2019, with a share capital of 420,000 euros. This company is dedicated to the manufacture of pesticides and other agrochemical products, as well as decontamination activities and waste management.

Bankruptcy Situations

A concerning aspect is the recording of 10 acts of bankruptcy situations. This high number may indicate significant financial difficulties among companies in the region. Bankruptcy situations reflect liquidity and solvency problems that can negatively affect the local economy.

Other Relevant Acts

In addition to the mentioned acts, other relevant acts have been recorded, such as 1 re-election, 0 revocations, 0 unipersonalities, 0 changes of address, 0 statutory modifications, 0 capital increases, 0 changes of object, 0 changes of denomination, 0 capital reductions, 0 object extensions, 0 changes of unipersonal company, 0 losses of unipersonality, 0 extinctions, 0 mergers, and 0 company transformations.

Analysis of Prominent Companies

Below, an analysis of some prominent companies in the Mercantile Registry of Palencia is presented:

ROOTECO AGRICULTURE SL

ROOTECO AGRICULTURE SL is a company constituted on August 2, 2019, with a share capital of 420,000 euros. Its corporate purpose includes the manufacture of pesticides and other agrochemical products, decontamination activities and waste management, and the retail of flowers, plants, seeds, fertilizers, pet animals, and their food in specialized establishments. Additionally, it is dedicated to the manufacture of fertilizers and nitrogen compounds, and the wholesale of fruits, vegetables, and chemical products. For more information, you can visit its Infoempresa profile.

Conclusion

In summary, the Mercantile Registry of Palencia has shown significant activity in terms of appointments, terminations, constitutions, and dissolutions. However, the high number of bankruptcy situations is a cause for concern and suggests that companies in the region are facing considerable financial challenges. It is crucial that authorities and stakeholders closely monitor these trends and take measures to support economic stability and growth in Palencia.

This analysis provides an overview of business activity in Palencia and highlights the importance of closely following developments in the Mercantile Registry to better understand the economic health of the region.