Financial Analysis of the Commercial Registry of ILLES BALEARS

Analysis date: August 27, 2024

This financial report aims to analyze the most relevant facts recorded in the Commercial Registry of ILLES BALEARS. Below, the main acts and movements that have taken place in this province are detailed, based on the available data.

Registered Acts

In the analyzed period, a total of 30 appointments, 8 incorporations, 12 resignations, 3 revocations, 6 sole proprietorships, 3 address changes, 4 statutory modifications, 1 capital increase, 2 dissolutions, 3 insolvency situations, 3 object changes, 3 name changes, 1 capital reduction, 1 company transformation, and no acts of re-election, object expansion, change of sole proprietorship, loss of sole proprietorship, extinction, or merger have been registered.

Appointments

The number of registered appointments amounts to 30, indicating high activity in the designation of new positions within companies. A significant example is the company MAR DE MALLORCA SA, which has recently registered an appointment. This company, incorporated in 1966, has a share capital of 320,000,000.00 euros, reflecting its financial solidity.

Incorporations

8 new company incorporations have been registered, showing moderate growth in the creation of new entities in the region. This data is relevant to understanding the business dynamics and entrepreneurial spirit in ILLES BALEARS.

Resignations

With 12 registered resignations, there is a significant trend in the departure of managerial or administrative positions. The company PROHOSLAINMAR SA has recently registered a resignation. This company, with a share capital of 1,344,070.00 euros, has also had a recent appointment, which could indicate internal restructuring.

Revocations

3 revocations have been registered, which may indicate changes in the management or direction of companies.

Sole Proprietorships

The number of sole proprietorship acts is 6, reflecting the trend of some companies consolidating under the figure of a single owner.

Address Changes

3 address changes have been registered, which may be related to expansion strategies or relocation of companies to improve their operations.

Statutory Modifications

With 4 statutory modifications, there is moderate activity in adapting company statutes to new realities or market needs.

Capital Increases

Only one capital increase has been registered, which could indicate caution in injecting new financial resources by companies.

Dissolutions

The number of dissolutions amounts to 2, showing a low rate of company closures in the region.

Insolvency Situations

3 insolvency situations have been registered, reflecting certain financial challenges faced by some companies.

Object Changes

With 3 object changes, there is a trend of companies diversifying or adjusting their economic activities. An example is the company PORXADA DE SA TORRE SL, which has expanded its corporate purpose to include activities such as the rental, maintenance, and repair of boats, as well as the exploitation of estates and tourism activities.

Name Changes

3 name changes have been registered, which may be related to rebranding or corporate restructuring strategies.

Capital Reductions

Only one capital reduction has been registered, which could indicate a specific financial adjustment strategy.

Company Transformations

One company transformation has been registered, reflecting minimal activity in restructuring the legal form of companies.

Conclusions

In summary, the analysis of the acts registered in the Commercial Registry of ILLES BALEARS shows dynamic business activity, with a significant number of appointments and resignations, as well as moderate new company formations. Statutory modifications and object changes reflect companies' adaptation to new market realities and opportunities. Although the number of dissolutions and insolvency situations is low, it is important for companies to maintain prudent financial management to avoid future challenges.

The analysis of companies such as MAR DE MALLORCA SA, PROHOSLAINMAR SA, and PORXADA DE SA TORRE SL provides a more detailed view of business activity in the region, highlighting the importance of diversification and adaptation to new market conditions.

It is essential for companies to continue monitoring their structures and strategies to remain competitive and seize growth opportunities in the ILLES BALEARS market.