Financial Analysis of the Granada Commercial Registry

Report Date: July 30, 2024

This financial analysis focuses on the most relevant data from the Granada Commercial Registry, highlighting the most significant acts registered in this province. Below, the main facts and their impact on the business fabric of the region are detailed.

Registered Acts

The Granada Commercial Registry has recorded a series of acts that reflect the business dynamics of the province. Below, the most relevant acts are broken down:

• Appointments: A total of 4 appointments have been registered. This type of act is crucial for the renewal of the administrative bodies of companies, ensuring proper management and direction.
• Constitutions: No constitution acts have been registered, which could indicate stability in the creation of new companies in the province.
• Terminations: Like appointments, 4 terminations have been registered. This balance between appointments and terminations suggests constant renewal in administrative structures.
• Revocations: No revocations have been registered, which could be interpreted as stability in previously made administrative decisions.
• Change of Address: 1 change of address has been registered. This act may reflect a relocation strategy to improve the company's operability.
• Statutory Modifications: 1 statutory modification has also been registered, which may indicate adjustments in social statutes to adapt to new regulations or business strategies.
• Capital Increases: No capital increases have been registered, which could suggest stability in the financing of existing companies.
• Dissolutions: 3 dissolutions have been registered. This act is significant as it implies the closure of companies, which can impact local employment and the economy.
• Re-elections: 1 re-election has been registered, indicating continuity in the management of some companies.
• Bankruptcy Situations: 1 bankruptcy situation has been registered, reflecting financial difficulties in some company.
• Change of Purpose: No changes of purpose have been registered, suggesting that companies maintain their main activities without modifications.
• Change of Name: No name changes have been registered, indicating stability in the corporate identity of companies.
• Capital Reductions: No capital reductions have been registered, which can be interpreted as stability in the financial structure of companies.
• Expansion of Purpose: No expansions of purpose have been registered, suggesting that companies have not diversified their activities recently.
• Change of Sole Proprietorship: No changes in sole proprietorship have been registered, indicating stability in the corporate structure.
• Loss of Sole Proprietorship: No losses of sole proprietorship have been registered, suggesting that sole proprietorship companies maintain their structure.
• Extinctions: No extinctions have been registered, which is positive as it implies that there have been no definitive closures of companies.
• Mergers: No mergers have been registered, which may indicate a lack of business consolidation in the province.
• Company Transformations: No company transformations have been registered, suggesting that companies maintain their original legal form.

Examples of Relevant Companies

To illustrate these acts, some examples of companies registered in the Granada Commercial Registry are presented:

GENOVELLI SL

Share Capital: 972,000.00 €

Corporate Purpose: The acquisition, sale, promotion, construction, and exploitation of all types of estates, rural and urban, in ownership or lease, excluding financial leasing.

GENOVELLI SL is an example of a company with a solid financial structure, reflected in its share capital. Its diversified corporate purpose in the real estate sector allows it to adapt to different market opportunities.

Conclusion

In summary, the Granada Commercial Registry shows a stable business dynamic with some signs of renewal and adjustments in the administrative structure of companies. The lack of new constitution acts and capital increases suggests stability in the number of companies and their financing. However, the dissolutions and the registered bankruptcy situation indicate that some companies face difficulties. Stability in other acts, such as name changes and changes of purpose, reinforces the idea that companies maintain their identity and main activities.

This analysis provides an overview of the business situation in Granada, highlighting the importance of monitoring these acts to better understand the trends and challenges faced by companies in the province.