BORME summary in CANTABRIA on 2024-07-26.
Financial Analysis of the Commercial Registry of Cantabria
Analysis date: July 26, 2024
Introduction
This financial analysis focuses on the acts registered in the Commercial Registry of Cantabria, highlighting the most relevant events that have taken place in the province. This report covers various business activities, from appointments and incorporations to dissolutions and insolvency situations. Below, the most significant facts are detailed, illustrated with examples of specific companies.
Registered Acts
In the analyzed period, a total of 65 appointments, 24 incorporations, 29 cessations, and 11 revocations were registered. These acts reflect the business dynamics in Cantabria, where constant activity is observed in the management and administration of companies.
Appointments and Cessations
The 65 registered appointments indicate a high turnover in managerial and administrative positions. This phenomenon may be due to various reasons, such as internal restructurings or strategic changes. On the other hand, the 29 registered cessations are also significant, as they represent more than 44% of the appointments, suggesting a constant review of management teams.
Incorporations and Dissolutions
24 new company incorporations were registered, reflecting a favorable environment for entrepreneurship in Cantabria. However, 2 dissolutions were also registered, which, although fewer in number, indicate that some companies did not manage to stay in the market. An example of a constituted company is DAIMLER BUSES ESPAÑA SA, which was founded on December 3, 1997, and has a share capital of 8,765,100.00 euros.
Revocations and Re-elections
The 11 revocations and 3 re-elections reflect changes in the confidence and continuity of directors. Revocations may be associated with the need for changes in management to improve business performance, while re-elections indicate stability and confidence in current management.
Sole Proprietorships and Loss of Sole Proprietorship
Regarding sole proprietorships, 9 acts were registered, suggesting that several companies operate under this legal figure. Additionally, there were 4 acts of loss of sole proprietorship, which could indicate the incorporation of new partners or changes in the shareholding structure.
Changes of Address and Statutory Modifications
6 changes of address and 3 statutory modifications were registered. These acts reflect the flexibility and adaptation of companies to new circumstances, whether for strategic, fiscal, or expansion reasons. An example of a company that has made statutory modifications is VIESGO DISTRIBUCION ELECTRICA SL, which has also expanded its corporate purpose to include innovation activities in the electric sector.
Capital Increases and Reductions
In the financial field, 5 capital increases and 1 capital reduction were registered. Capital increases indicate the need for additional financing for expansion or improvement projects, while reductions may be related to financial adjustments or resource optimization strategies.
Insolvency Situations
A total of 7 insolvency situations were registered, reflecting the financial difficulties faced by some companies in Cantabria. These situations may lead to restructuring or liquidation processes, depending on the viability of the companies involved.
Other Relevant Acts
2 changes of name and 1 change of corporate purpose were registered. These acts may be motivated by rebranding, changes in business strategy, or diversification of activities. An example of a change of corporate purpose is SAINTGOBAIN PAM ESPAÑA SA, which has expanded its corporate purpose to include new activities in the construction sector.
Conclusion
In summary, the Commercial Registry of Cantabria shows dynamic and constantly evolving business activity. The numerous appointments and cessations indicate a continuous review of management structures, while incorporations and capital increases reflect a favorable environment for growth and expansion. However, insolvency situations and dissolutions also highlight the financial challenges faced by some companies. This analysis provides a comprehensive view of business activity in Cantabria, highlighting both opportunities and challenges in the market.
For more information about the mentioned companies, you can visit their profiles at the following links: