BORME summary in MADRID on 2024-07-03.
Financial Analysis of the Madrid Commercial Registry
Date: 2024-07-03
The financial analysis of the Madrid Commercial Registry reveals a series of relevant facts that reflect business activity in the province. Below are the most notable aspects:
Appointments and Cessations
The number of appointment acts in the Madrid Commercial Registry is notably high, with a total of 348 registered acts. This data suggests an active business dynamic, with frequent changes in the direction and administration of companies. On the other hand, 111 cessations were recorded, indicating significant turnover in leadership positions.
An example of a company that has experienced changes in its direction is Sociedad Estatal Correos y Telégrafos SA SME, which has registered 3 appointment acts. This company, with a share capital of 611,521,000.00 euros, is dedicated to the management and exploitation of postal and financial services.
Incorporations and Dissolutions
The registry shows 84 incorporation acts, reflecting the creation of new companies and the expansion of the business fabric in Madrid. However, 21 dissolution acts were also recorded, indicating that some companies have ceased their operations.
An example of a recently incorporated company is Coral Homes SL, incorporated on August 9, 2018, with a share capital of 270,773,532.00 euros. Its corporate purpose includes the purchase, management, and sale of real estate assets.
Revocations and Re-elections
50 revocation acts and 31 re-election acts were recorded. Revocations may be related to changes in business strategy or the need to adjust the company's direction. Re-elections, on the other hand, indicate the continued confidence in certain members of the management.
Unipersonalities and Changes of Address
The registry shows 44 unipersonality acts, suggesting that there are a considerable number of companies managed by a single partner. Additionally, 45 acts of address changes were recorded, which may reflect the search for better locations for business operations.
An example of a company with unipersonality acts is LFB Global Spain SL, which has a share capital of 504,000,000.00 euros and is dedicated to the purchase and sale of securities.
Statutory Modifications and Capital Increases
21 statutory modification acts and 33 capital increase acts were recorded. Statutory modifications may be related to changes in the company's bylaws to adapt to new regulations or business strategies. Capital increases indicate that companies are seeking to increase their financial capacity to undertake new projects or expansions.
Bankruptcy Situations and Changes of Purpose
The registry shows 3 bankruptcy situation acts, indicating that some companies are facing financial difficulties. Additionally, 8 acts of purpose changes were recorded, suggesting that some companies are redefining their main activity to adapt to new market opportunities.
Capital Reductions and Extinctions
5 capital reduction acts and 1 extinction act were recorded. Capital reductions may be related to the need to adjust the company's financial structure, while extinction indicates the definitive cessation of business operations.
Mergers and Company Transformations
No merger or company transformation acts were recorded, suggesting that there have been no significant movements in terms of business consolidation or changes in the legal form of companies.
Conclusion
In summary, the Madrid Commercial Registry shows a dynamic business activity, with a high number of appointments and incorporations, as well as significant turnover in management positions. Companies are undertaking capital increases and statutory modifications to adapt to new opportunities and challenges. However, there are also indications of financial difficulties, as reflected by the bankruptcy situation and dissolution acts. The information provided offers a comprehensive view of the current state of the business fabric in Madrid.
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