Financial Analysis of Mercantile Activities in ILLES BALEARS

Analysis date: 2024-09-11

This report analyzes the mercantile activity in the province of ILLES BALEARS, based on the data provided on various actions recorded in the Mercantile Registry. This analysis focuses on the following aspects: 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.

Appointments and Resignations

The total number of recorded appointment acts is 67, while the resignation acts amount to 25. These data reflect significant dynamics in business management in the region, indicating frequent changes in the direction and administration of companies. For example, the company MENORCA SA, with a share capital of 8,072,151.00 euros, has not recorded any appointment or resignation acts, suggesting stability in its management structure.

Incorporations and Dissolutions

There have been 35 incorporation acts and 5 dissolution acts recorded. These numbers indicate a net growth in the creation of new companies in the region. The company COLLUNTURA 2014 SL, incorporated on October 21, 2015, with a share capital of 2,533,590.00 euros, is an example of a relatively new company contributing to the economic dynamism of the region.

Revocations and Statutory Modifications

Regarding revocations, 14 acts have been recorded, while only 2 acts of statutory modifications have been registered. This suggests that companies in ILLES BALEARS are more focused on revoking powers and authorizations than on modifying their statutes. The company INVERSIONES IBIZA SL, with a share capital of 2,404,048.00 euros, has recorded one revocation act but has not made any statutory modifications, indicating a stable organizational structure.

Sole Proprietorships and Changes of Sole Proprietorship

There have been 17 acts of sole proprietorships and 2 acts of changes of sole proprietorship recorded. These data reflect the tendency of companies to operate under the sole proprietorship figure, which may offer advantages in terms of control and management. However, no acts of loss of sole proprietorship have been recorded, indicating that companies adopting this figure tend to maintain it.

Changes of Address and Changes of Purpose

There have been 8 acts of changes of address and only 1 act of change of purpose recorded. This suggests that companies in ILLES BALEARS are more likely to change their physical location than to modify their social purpose. The company RESIDENCIAL MARINA SL, with a share capital of 6,844,903.00 euros, has not recorded any changes of address or purpose, indicating a well-defined and stable business strategy.

Capital Increases and Reductions

There have been 4 acts of capital increases and 2 acts of capital reductions recorded. These data reflect a moderate interest in the recapitalization of companies, with a slightly greater tendency towards capital increases. This could indicate an intention for growth and expansion by some companies in the region.

Dissolutions and Bankruptcy Situations

The number of dissolution acts is 5, and no bankruptcy situations have been recorded. This is a positive indicator, suggesting that companies in ILLES BALEARS are in a relatively healthy financial situation, with few companies facing insolvency or bankruptcy proceedings.

Mergers and Company Transformations

No acts of mergers or company transformations have been recorded. This suggests that companies in ILLES BALEARS are not opting for growth strategies through mergers or changes in their corporate structure. Stability in these areas may reflect a preference for organic growth and continuity in business operations.

Conclusion

In summary, mercantile activity in ILLES BALEARS shows a positive trend with more incorporations compared to dissolutions, and notable stability in the management structure of companies. The lack of bankruptcy situations and stability in the sole proprietorship figures also indicate robust financial health in the region. Companies like MENORCA SA, INVERSIONES IBIZA SL, and RESIDENCIAL MARINA SL exemplify this stability and growth, contributing to the economic dynamism of ILLES BALEARS.