Financial Analysis of Companies in Illes Balears

Analysis date: July 26, 2024

This report analyzes the most relevant facts recorded in the Commercial Registry of Illes Balears, highlighting the most significant activities in terms of appointments, incorporations, resignations, revocations, sole proprietorships, changes of address, statutory modifications, capital increases, dissolutions, re-elections, bankruptcy situations, changes of purpose, changes of name, capital reductions, expansions of purpose, changes of sole proprietorship, losses of sole proprietorship, terminations, mergers, and company transformations.

Commercial Registry: Illes Balears

The Commercial Registry of Illes Balears has recorded a series of significant business acts in the last period. Below are the most notable:

Appointments

A total of 37 appointment acts have been recorded. This number reflects constant activity in the renewal and appointment of managerial positions in the region's companies. An example of a company without appointment acts is INVERSIONES SAN MAURICIO SL, which despite its social capital of 50,000,000.00 euros, has not recorded any recent appointments.

Incorporations

With 13 incorporation acts, there is a noticeable dynamism in the creation of new companies. This data is relevant to understand business growth in the region. For example, SOYO INVESTMENTS SL, incorporated in 2005, shows how companies can evolve over time, expanding their purpose to include business consulting and participation in companies.

Resignations

14 resignation acts have been recorded, indicating some turnover in managerial positions. This phenomenon may be related to internal restructuring of companies. An example is JUMEIRAH PORT SOLLER MALLORCA SL, which has recorded a resignation in its management structure.

Revocations

The number of revocations is 3, which is relatively low compared to other acts. This may suggest stability in the powers granted within companies.

Sole Proprietorships

7 sole proprietorship acts have been recorded, reflecting the tendency of some companies to operate under the sole proprietorship structure. This type of structure can offer advantages in terms of control and management.

Changes of Address

With 3 acts of changes of address, it can be inferred that some companies are seeking new locations to optimize their operations. This movement may be motivated by strategic or logistical reasons.

Statutory Modifications

Only 1 statutory modification act has been recorded, indicating stability in the statutes of the region's companies.

Capital Increases

1 capital increase act has been recorded. This type of act is crucial for companies seeking to increase their financial capacity to expand their operations. A notable example is LANGOSTA HOTEL Y RESTAURANTE SL, with a social capital of 1,772,580.00 euros, which could consider future increases to strengthen its market position.

Dissolutions

The number of dissolutions is 5, reflecting a certain number of companies that have ceased operations. This data is important to understand the business lifecycle in the region.

Re-elections

No re-election acts have been recorded, which could indicate stability in current managerial positions.

Bankruptcy Situations

3 bankruptcy situation acts have been recorded, suggesting that some companies are facing financial difficulties. An example is INVERSIONES SAN MAURICIO SL, which has recorded bankruptcy situations, indicating possible financial problems despite its high social capital.

Changes of Purpose

No changes of purpose acts have been recorded, indicating that companies are maintaining their original business lines.

Changes of Name

No changes of name acts have been recorded, suggesting stability in the corporate identities of companies.

Capital Reductions

No capital reduction acts have been recorded, which can be interpreted as a sign of financial stability in the region's companies.

Expansions of Purpose

No expansions of purpose acts have been recorded, indicating that companies are focused on their main activities.

Changes of Sole Proprietorship

No changes of sole proprietorship acts have been recorded, suggesting stability in the ownership structure of companies.

Losses of Sole Proprietorship

1 loss of sole proprietorship act has been recorded, indicating that a company has transitioned from being a sole proprietorship to having multiple partners.

Terminations

1 termination act has been recorded, reflecting the definitive closure of a company.

Mergers

No merger acts have been recorded, suggesting that there have been no significant movements in terms of business consolidation in the region.

Company Transformations

1 company transformation act has been recorded, indicating a change in the legal structure of a company.

In conclusion, the Commercial Registry of Illes Balears shows varied business activity with a focus on stability and growth. Companies are making appointments and incorporations, while bankruptcy situations and dissolutions reflect the financial challenges some face. Stability in aspects such as statutory modifications, capital increases, and changes of name suggests a relatively stable business environment.