Financial Analysis of Registry Acts in ILLES BALEARS

Analysis date: 2024-08-06

This financial analysis focuses on the most relevant registry acts carried out in the province of ILLES BALEARS. Below, the most notable facts related to the different types of registered acts are described.

Appointments

The number of registered appointment acts amounts to 44. This type of act is crucial for the organizational structure of companies, as it involves the designation of new managerial or administrative positions. A notable example is LEVY COMPASS GROUP HOLDINGS SL, which has registered an appointment. This company, established on May 23, 2002, has a share capital of 22,197,440.00 euros and is dedicated to the acquisition, holding, management, and administration of securities representing the funds of resident and non-resident entities in Spanish territory.

Incorporations

There have been 13 incorporation acts registered. These acts represent the creation of new companies, which is a positive indicator of economic activity in the region. The creation of new companies implies greater market dynamism and potential employment opportunities.

Terminations

The number of registered termination acts is 24. This type of act involves the end of functions of certain positions within companies. For example, FAMILIAR LLABRES RAMIS SL has registered a termination. This company, established on February 6, 1998, has a share capital of 9,820,000.00 euros and is dedicated to participation on its own account in capital companies, management and administration of companies, and provision of construction services.

Revocations

There have been 4 revocation acts registered. Revocations are administrative acts that annul previously granted appointments or powers, which may reflect strategic changes within companies.

Sole Proprietorships

The number of registered sole proprietorship acts is 11. This type of act refers to the declaration of a company as a sole proprietorship, meaning it has a single partner. This situation can have implications for the management and decision-making of the company.

Address Changes

There have been 10 address change acts registered. Address changes may reflect strategies of expansion or relocation of companies to improve their operability or reduce costs.

Statutory Modifications

The number of statutory modification acts is 8. These acts involve changes in the company's bylaws, which may include modifications in the corporate purpose, share capital, or organizational structure. An example is GINGAL SL, which has registered a statutory modification. This company has a share capital of 3,520,364.00 euros and is dedicated to agricultural, livestock, and forestry exploitation, as well as participation in horse races.

Capital Increases

There has been 1 capital increase act registered. Capital increases indicate that companies are seeking to increase their financial resources to undertake new projects or improve their financial structure.

Dissolutions

The number of registered dissolution acts is 6. Dissolutions represent the cessation of company activities and may result from strategic decisions, financial problems, or achievement of objectives.

Re-elections

No re-election acts have been registered. Re-elections are acts that confirm the continuity of certain managerial positions in their functions.

Bankruptcy Situations

There have been 6 bankruptcy situation acts registered. These acts reflect that companies have entered an insolvency process and are being managed under a bankruptcy regime to try to resolve their financial problems.

Corporate Purpose Changes

The number of registered corporate purpose change acts is 4. Corporate purpose changes indicate that companies are redefining their main activity, which may be a response to market changes or a diversification strategy.

Denomination Changes

There has been 1 denomination change act registered. Denomination changes may reflect a rebranding strategy or a merger with another company.

Capital Reductions

There has been 1 capital reduction act registered. Capital reductions may be a strategy to adjust the company's financial structure or to return capital to shareholders.

Corporate Purpose Extensions

No corporate purpose extension acts have been registered. Corporate purpose extensions allow companies to expand their field of activities.

Sole Proprietorship Changes

There has been 1 sole proprietorship change act registered. This act indicates that a company has gone from having multiple partners to being a sole proprietorship.

Losses of Sole Proprietorship

No losses of sole proprietorship acts have been registered. The loss of sole proprietorship occurs when a sole proprietorship company incorporates new partners.

Extinctions

No extinction acts have been registered. Extinctions involve the dissolution and complete liquidation of the company.

Mergers

No merger acts have been registered. Mergers are processes in which two or more companies combine to form a new entity.

Corporate Transformations

There has been 1 corporate transformation act registered. Corporate transformations involve changes in the legal form of the company, which may be a strategy to improve its operability or adapt to new regulations.

In conclusion, the registry acts reflect a varied dynamic in the business fabric of ILLES BALEARS, with notable activity in appointments and incorporations, as well as in terminations and bankruptcy situations. These movements indicate a constantly evolving business environment, adapting to market demands and economic circumstances.