Credit status of Spanish companies
Thread poster: Edward Potter

Edward Potter  Identity Verified
Spain
Local time: 07:17
Member (2003)
Spanish to English
+ ...
Feb 11, 2005

Does anyone know of a semi-reliable (I cannot expect reliable) way of checking out the credit status of Spanish companies?

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Parrot  Identity Verified
Spain
Local time: 07:17
Member (2002)
Spanish to English
+ ...
RAI Feb 11, 2005

or Registro de Aceptaciones Impagadas. For more information, see: http://www.el-mundo.es/sudinero/noticias/act-137-05.html

This is very reliable, but for that reason may take quite a long time before people are registered (i.e., the information may come too late). Understandably, not an open register for free consultation. You may need to go to an authorized agency.


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peixe
Local time: 07:17
Member (2005)
Portuguese to Spanish
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Registro Mercantil Feb 11, 2005

Si se trata de sociedades mercantiles puede verse un resumen de las cuentas anuales, que, si no me equivoco se entregan en junio o en julio. A la vista de las mismas, si hay pérdidas o beneficios, puede deducirse, con bastante aproximación, cómo va esa empresa. En otro ámbito, en el Registro de la Propiedad, que también es público, puede verse si el inmueble de la empresa, y que parece de la propiedad de ella, lo es realmente o no ; así como si está hipotecado, tiene algún embargo, etc. Luego está el RAI (registro de impagados) que creo - no lo conozco muy bien - está relacionado con títulos valores impagados y que manejaría la banca para conocer la solvencia de eventuales clientes. No sé me ocurre más. Buen fin de semana.

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Ralf Lemster  Identity Verified
Germany
Local time: 07:17
English to German
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English, please... Feb 11, 2005

Hi 'peixe',
Thanks for responding - would you mind re-posting in English, so others can benefit, too?

Thanks, and best regards,
Ralf


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Parrot  Identity Verified
Spain
Local time: 07:17
Member (2002)
Spanish to English
+ ...
I'll pick it up a bit, Ralf Feb 12, 2005

What peixe was pointing out is that the annual reports submitted to the Commercial Register by business companies around June-July are open documents, and if you're looking into assets, the Register of Deeds will tell you whether or not there are any liens/embargoes on real property declared. Then, there is the RAI.

I suggested that in the first place because the RAI reflects smaller cases of default like promissory notes, unpaid bills, homeowner association receipts, bad trading debts, etc.. Understandably, though, it is a last resort and a year or two can pass in fruitless collection before the case gets there. Once registered, however, it marks the person almost practically for life, so the banks use it as a gauge of credit-worthiness (for credit cards, overdraft accounts, mortgages and consumer credit). It works for both legal and physical persons.


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Ralf Lemster  Identity Verified
Germany
Local time: 07:17
English to German
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Thanks, Ceci... Feb 12, 2005

...much appreciated!

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Edward Potter  Identity Verified
Spain
Local time: 07:17
Member (2003)
Spanish to English
+ ...
TOPIC STARTER
speed Feb 12, 2005

And how fast can you check using these resources?

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Credit status of Spanish companies

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