49% of Spanish catering companies, 35% in the province of Alicante, high or maximum risk of defaultAccording to an “Insight View” report released this Monday by business analytics firm Iberinform, a subsidiary of Atradius Crédito y Caución.
This study, which draws attention to the fact that the risk is low or very low in 19% of the sectoral fabric, and medium risk is in question in 32%, values are very similar to a year ago.
The biggest deterioration was recorded in Malaga (62% of companies at maximum or high risk), followed by Madrid (61%), Seville (61%), Barcelona (55%) and Valencia (54%), Balearic Islands (45%) ) %) And Alicante (35%).
Madrid (16%) and Barcelona (13%) higher company density of the industry.
After the two major centers of economic activity, the provinces with the most catering companies are the Balearic Islands (7%), Málaga (6%), Alicante (6%), Valencia (5%) and Seville (3%). Credit risk is above average in five of these seven provinces.
Credit risk in this sector inverse relationship with regional distribution. In fact, levels have almost halved in three provinces with fewer catering companies: Palencia (only 23% of companies at maximum or high risk), Teruel (28%) and Soria (30%).
The business texture of the industry, great atomization and only 2% are medium-sized companies.
27% occurs small companies 71% of its size is micro-enterprise.
Only 9% of companies manage to exceed the limit. 25 years and of these, only 24% present high or maximum risk.
This rate rises to 62% among companies established in the last ten yearsrepresents 66% of the total.