Financial Analysis of the Madrid Mercantile Registry

Date: July 12, 2024

This report presents the most relevant facts of the Madrid Mercantile Registry, analyzing various registered corporate actions. Below, the main aspects and their impact on the business environment of the region are detailed.

Appointments and Dismissals

The number of appointments in the Madrid Mercantile Registry is notably high, with a total of 389 registered acts. This data reflects considerable dynamics in terms of changes in the direction and administration of companies. On the other hand, dismissals are also significant, with 115 acts, indicating substantial turnover in managerial positions.

An example of a company that has registered appointments is Santander Consumer Finance SA, with a share capital of 5,638,638,516.00 euros. This entity has recently registered 2 appointments, which may indicate a strategy of renewal in its management team.

Incorporations and Dissolutions

As for the incorporations of new companies, 113 acts were registered, demonstrating growth and dynamism in Madrid's business ecosystem. However, 24 acts of dissolutions were also registered, suggesting that some companies failed to maintain their viability in the market.

Revocations and Re-elections

The revocations of powers and authorizations total 59 acts, while the re-elections reach 38 acts. These movements reflect adjustments and confirmations in the power structures within companies.

For example, Vodafone Holdings Europe SL, with a share capital of 903,194,000.00 euros, has registered 1 revocation, which may be related to strategic adjustments in its corporate structure.

Sole Proprietorships and Address Changes

50 acts of sole proprietorships were registered, indicating that several companies have adopted this legal structure. Additionally, there were 60 address changes, which may reflect a search for better locations or operating conditions.

Statutory Modifications and Capital Increases

The statutory modifications total 27 acts, while the capital increases reach 20 acts. These actions indicate adjustments and expansions in the operations and financial capacities of companies.

A clear example is Ferrovial Construcción SA, with a share capital of 233,598,224.00 euros, which has expanded its corporate purpose to include the production and commercialization of electricity through renewable sources, reflecting a strategic diversification.

Dissolutions and Bankruptcy Situations

The number of dissolutions is 24 acts, while the bankruptcy situations are recorded in 8 acts. These data reflect financial and operational challenges that some companies have faced in the last period.

Changes in Purpose and Name

13 acts of changes in purpose and 4 acts of changes in name were registered, showing adjustments in the main activities and corporate names of some companies.

Capital Reductions and Purpose Expansions

The capital reductions total 15 acts, while no purpose expansions were registered. Capital reductions may be related to financial restructuring strategies.

Mergers and Company Transformations

Finally, 3 acts of mergers were registered, and no company transformations were registered. Mergers reflect strategic movements to consolidate and strengthen market positions.

Conclusion

In summary, the Madrid Mercantile Registry shows considerable activity in terms of appointments, incorporations, and structural changes in companies. Although there are challenges reflected in dissolutions and bankruptcy situations, the dynamism and strategies of growth and adjustment are evident in the registered actions.

Companies like Santander Consumer Finance SA, Ferrovial Construcción SA, and Vodafone Holdings Europe SL stand out for their strategic movements and adjustments in their corporate structure, reflecting an active and constantly evolving business environment.