Financial Analysis of the Commercial Registry of Seville

Report date: September 18, 2024

This report provides a detailed analysis of the most relevant events recorded in the Commercial Registry of Seville. Below, the main business activities and structural changes that have taken place in the companies of this province are described.

Appointments and Dismissals

In the analyzed period, a total of 81 appointments and 30 dismissals have been registered. These data reflect a high turnover in the executive positions of companies, which may indicate an active and constantly changing business dynamic.

Incorporations and Dissolutions

42 new companies have been incorporated in Seville, which is a positive indicator of entrepreneurial activity in the region. However, 5 dissolutions have also been registered, suggesting that some companies have not managed to stay in the market.

Revocations and Re-elections

The number of revocations amounts to 9, while the re-elections stand at 2. These data show a trend towards the renewal of governing bodies in companies.

Sole Proprietorships and Changes in Sole Proprietorship

17 acts of sole proprietorships and 3 changes in sole proprietorship have been registered. This indicates that there are a considerable number of companies operating under the figure of sole proprietorship, which may be attractive for certain types of businesses seeking a simpler and more controlled structure.

Change of Address and Statutory Modifications

Regarding change of address, 7 acts have been registered, while statutory modifications amount to 26. These changes reflect the adaptation of companies to new circumstances and the search for better operating conditions.

Capital Increases and Reductions

3 capital increases have been carried out, indicating that some companies have decided to increase their financial capacity to undertake new projects or expansions. No capital reductions have been registered, which is a positive sign of financial stability.

Bankruptcy Situations

The number of bankruptcy situations registered is 8. This data is relevant as it reflects the financial difficulties that some companies are facing, which could have a negative impact on the business fabric of the region.

Changes in Corporate Purpose and Name

3 changes in corporate purpose and 1 change of corporate name have been registered. These acts are indicative of the evolution and adaptation of companies to new opportunities and markets.

Extinctions, Mergers, and Transformations of Society

1 extinction has been registered and no mergers or transformations of society have taken place. The absence of mergers and transformations could be indicative of stability in the business structure, although it could also suggest a lack of dynamism in this aspect.

Examples of Relevant Companies

To illustrate some of these facts, below are examples of prominent companies in Seville:

• GRUPO RUSVEL SA: This company, with a share capital of 4,584,000.00 euros, has expanded its corporate purpose to include activities such as construction and execution of purification works, production of asphalt aggregates, and conducting computer courses.
• GRUPO EMPRESARIAL AVISA SL: With a share capital of 8,067,000.00 euros, this company acts as a holding company through participation in the capital of resident and non-resident entities in Spanish territory. It has registered 2 appointments and 1 dismissal in the analyzed period.
• MORAFINSA SL: This company, with a share capital of 1,021,150.00 euros, has expanded its corporate purpose to include activities such as the purchase and brokerage of all kinds of rural properties, forestry exploitation, silviculture, land reforestation, agriculture, livestock, hunting, horticulture, and silviculture.
• NEDGIA ANDALUCIA SA: With a share capital of 12,414,000.00 euros, this company is dedicated to the distribution and secondary transportation of natural gas, as well as the distribution and sale of liquefied petroleum gases by pipeline. It has registered a statutory modification in the analyzed period.

In conclusion, the analysis of the Commercial Registry of Seville shows a dynamic business activity with a significant number of appointments, incorporations, and statutory modifications. Although some dissolutions and bankruptcy situations have been registered, the absence of mergers and transformations of society suggests stability in the business structure. The companies highlighted in this report reflect the diversity and adaptability of the business fabric in Seville.