Financial Analysis of the Commercial Registry of Illes Balears

Date: July 10, 2024

In this analysis, the most relevant facts of the Commercial Registry of Illes Balears are described, based on the activities registered to date. The data reflect a broad panorama of business activities in the region, highlighting appointments, incorporations, resignations, revocations, sole proprietorships, address changes, statutory modifications, capital increases, dissolutions, re-elections, bankruptcy situations, object changes, name changes, capital reductions, object expansions, changes in sole proprietorship status, losses of sole proprietorship, extinctions, mergers, and company transformations.

Appointments

The total number of registered appointment acts is 69. This data reflects significant activity in the renewal and assignment of managerial positions within companies in Illes Balears. An example of a company with an appointment act is Grupo Logístico Majurca MML SL, which has a share capital of 22,080,000.00 euros.

Incorporations

23 acts of incorporation of new companies have been registered, indicating growth in the creation of new business entities in the region. This data is a good indicator of the economic health and business dynamism of Illes Balears.

Resignations

The number of registered resignations is 27. This data can be interpreted as a sign of changes in the organizational structure of several companies, possibly due to internal restructurings or strategic changes. An example is the resignation registered in Grupo Logístico Majurca MML SL.

Revocations

4 acts of revocation have been registered, suggesting that some previous decisions have been reconsidered or annulled.

Sole Proprietorships

The number of sole proprietorship acts is 18. This data indicates the existence of several companies operating under the sole proprietorship structure, which may be a strategy to simplify decision-making and business management.

Address Changes

10 acts of address changes have been registered. This data may reflect a trend of companies relocating within the region, possibly in search of better opportunities or operational conditions.

Statutory Modifications

The number of registered statutory modifications is 2. This data indicates that some companies have made changes to their statutes, possibly to adapt to new regulations or business strategies.

Capital Increases

1 act of capital increase has been registered. This data is a positive indicator that at least one company has decided to increase its capital base, which may be a sign of growth and expansion. An example is Global STP Spain SL, with a share capital of 24,495,000.00 euros.

Dissolutions

The number of registered dissolutions is 3. This data may be a sign that some companies have decided to cease their operations, which may be due to various reasons such as financial difficulties or market changes.

Re-elections

No re-election acts have been registered. This data suggests that there has been no need for re-election of managerial positions in the companies in the region.

Bankruptcy Situations

3 acts of bankruptcy situations have been registered. This data is an indicator that some companies are facing significant financial difficulties. An example is RCO 21 SL, with a share capital of 7,500,000.00 euros.

Object Changes

2 acts of object changes have been registered. This data suggests that some companies have decided to modify their corporate purpose, possibly to diversify their activities or adapt to new market opportunities.

Name Changes

The number of registered name changes is 2. This data indicates that some companies have chosen to change their name, which may be part of a rebranding or market repositioning strategy.

Capital Reductions

No acts of capital reductions have been registered. This data suggests that companies have not considered it necessary to decrease their capital base.

Object Expansions

No acts of object expansions have been registered. This data indicates that companies have not seen the need to expand their corporate purpose during this period.

Changes in Sole Proprietorship Status

No acts of changes in sole proprietorship status have been registered. This data suggests that there have been no changes in the sole proprietorship structure of companies.

Losses of Sole Proprietorship

No acts of losses of sole proprietorship have been registered. This data indicates stability in the existing sole proprietorship structures.

Extinctions

No acts of extinctions have been registered. This data suggests that there has been no need to completely dissolve any company.

Mergers

No acts of mergers have been registered. This data indicates that there have been no consolidation movements among companies during this period.

Company Transformations

No acts of company transformations have been registered. This data suggests that companies have not seen the need to change their legal form.

In conclusion, the analysis of the data from the Commercial Registry of Illes Balears shows dynamic and constantly evolving business activity. The creation of new companies and appointments are positive indicators of growth, while resignations and bankruptcy situations reflect the challenges some companies face. The mentioned companies, such as Grupo Logístico Majurca MML SL and Global STP Spain SL, stand out in this context for their specific registered acts. Stability in other aspects, such as the lack of capital reductions and extinctions, suggests a relatively solid business base in the region.