Financial Analysis of the Lugo Commercial Registry

Analysis Date: August 7, 2024

This report provides a detailed analysis of the most relevant movements recorded in the Lugo Commercial Registry. Below, the main events are described and some prominent companies that have had significant activity in the analyzed period are mentioned.

Appointments

The total number of recorded appointment acts is 30. This indicator reflects the dynamics of companies regarding the incorporation of new directors and administrators. An example of a company that has made an appointment is SOAL 1960 SL, which has a share capital of 4,152,737.00 euros and is dedicated to the acquisition and disposal of shares and participations representing the share capital of any type of company.

Constitutions

6 acts of new company constitution have been recorded. This data is a positive indicator of the creation of new business entities in the region. The creation of new companies is essential for economic dynamism and job creation.

Resignations

As for resignations, 10 acts have been recorded. This number may reflect changes in the administration of companies or the departure of directors. It is an important data point to consider to understand the stability and changes in business management.

Revocations

2 acts of revocation have occurred. Revocations may be related to the annulment of previously granted powers and are an indicator of adjustments in the power structure within companies.

Single-Member Companies

The number of single-member company acts is 3. This data indicates the transformation of companies in which a single partner becomes the holder of all the social participations.

Change of Address

2 acts of change of address have been recorded. These types of acts may be related to the search for better strategic locations or the optimization of resources by companies.

Statutory Modifications

1 act of statutory modification has occurred. Statutory modifications may reflect adjustments in the social statutes of companies to adapt to new realities or strategies.

Capital Increases

The registry shows 1 act of capital increase. Capital increases are a sign that companies are seeking to increase their financial resources to undertake new projects or strengthen their financial structure.

Dissolutions

2 acts of dissolution have been recorded. Dissolutions indicate the cessation of activities of some companies and may be a reflection of economic difficulties or strategic decisions by partners.

Re-elections

1 act of re-election has occurred. Re-elections usually indicate the continuity and confidence in the current directors by the partners.

Bankruptcy Situations

No acts of bankruptcy situations have been recorded, which is a positive data point as it indicates that no company has entered a process of insolvency or bankruptcy.

Change of Object

4 acts of change of social object have occurred. These changes may reflect the adaptation of companies to new business opportunities or the diversification of their activities.

Change of Name

2 acts of change of name have been recorded. Name changes may be related to rebranding or strategic changes in corporate identity.

Capital Reductions

No acts of capital reduction have occurred, which is an indicator that companies have not had the need to decrease their share capital.

Expansion of Object

No acts of expansion of social object have been recorded, indicating that companies have not expanded their activities beyond those initially established.

Change to Single-Member Company

No acts of change to single-member company have occurred, indicating stability in the ownership structure of companies.

Loss of Single-Member Status

No acts of loss of single-member status have been recorded, indicating that there have been no changes in the ownership structure of single-member companies.

Extinctions

No acts of extinction have occurred, which is a positive data point as it indicates that there have been no definitive closures of companies.

Mergers

No acts of mergers have been recorded, indicating that there have been no processes of company integration in the analyzed period.

Company Transformations

No acts of company transformation have occurred, indicating stability in the legal form of companies.

Prominent Companies

Among the prominent companies of the analyzed period is DITRAM AUTOMOCION SL, constituted in 2001 with a share capital of 1,200,000.00 euros. Its social object includes the organization and exploitation of businesses related to the representation, distribution, transformation, and sale of vehicles and engines.

Another relevant company is GRUPO LACTALIS IBERIA SA, founded in 1983 with a share capital of 8,744,726.00 euros. This company is dedicated to the purchase, sale, distribution, import, export, transformation, industrialization, and commercialization of milk and dairy products.

In summary, the Lugo Commercial Registry has shown moderate activity in terms of business movements, with a significant number of appointments and constitutions, as well as some changes in the structure and object of companies. The absence of bankruptcy situations and extinctions is a positive data point that reflects the economic stability of the region.