Financial Analysis of the Mercantile Registry of Las Palmas

Date: August 21, 2024

The analysis of the Mercantile Registry of Las Palmas reveals a series of relevant facts that reflect the economic and business activity of the region. Below are the most notable aspects related to the different registered acts.

Appointments

The number of registered appointment acts amounts to 24. This data indicates an active business dynamic, where companies are constantly adjusting their management structures to improve their management and adapt to market needs. For example, the company KWS SEMILLAS CANARIAS SL, with a share capital of 1,400,000 euros, has registered an appointment, reflecting its intention to strengthen its management team to boost its research and development activities in the agricultural sector.

Constitutions

11 constitution acts have been registered, showing growth in the creation of new companies in the region. This indicator is positive, as it suggests a favorable environment for entrepreneurship and investment. The company DISTRIBUIDORA ELECTRICA CANARIA SA, constituted in 1982, is an example of a consolidated company that has contributed to the economic development of Las Palmas.

Cessations

The number of cessation acts is 6. This data can be interpreted as a natural restructuring process within companies, where some directors or employees leave their positions to make way for new incorporations. The company GRASS CLUB SA, with a share capital of 451,544,000 euros, has registered a cessation, which could be related to adjustments in its tourism promotion and exploitation strategy.

Revocations

2 revocation acts have been registered. These types of acts are usually related to the annulment of previously granted powers, which can be part of an internal control strategy and adjustment of responsibilities within companies.

Unipersonalities

The number of unipersonality acts is 5. This data reflects the existence of companies that have adopted the one-person company figure, which can be a strategy to simplify decision-making and business management.

Changes of Address

No change of address acts have been registered. This data suggests stability in the location of companies, which can be indicative of a favorable and suitable environment for the development of their activities.

Statutory Modifications

5 statutory modification acts have been registered. These acts are important as they reflect the adaptation of companies to new legal frameworks, changes in their organizational structure, or adjustments in their social purpose to better align with their strategic objectives. The company PANADERIA PULIDO SL, with a share capital of 302,904 euros, has made a statutory modification, expanding its social purpose to include the import, export, and commercialization of fresh products.

Capital Increases

The number of capital increase acts is 2. Capital increases are a positive indicator, as they reflect the intention of companies to increase their financial capacity to undertake new projects or expand their operations.

Dissolutions

No dissolution acts have been registered. This data is positive, as it suggests that there have been no company closures in the analyzed period, which can be interpreted as a sign of economic stability.

Re-elections

5 re-election acts have been registered. Re-elections are an indicator of continuity in business management, which can be beneficial to maintain stability and coherence in the strategic direction of companies.

Bankruptcy Situations

No bankruptcy situation acts have been registered. This data is very positive, as it indicates that there have been no companies in a state of insolvency or bankruptcy, reflecting good financial health in the business fabric of Las Palmas.

Changes of Purpose

1 change of purpose act has been registered. These types of acts are important as they reflect the ability of companies to adapt to new business opportunities or market changes.

Changes of Name

No name change acts have been registered. This data suggests stability in the corporate identity of companies, which can be beneficial to maintain trust and brand recognition among customers and business partners.

Capital Reductions

The number of capital reduction acts is 2. Capital reductions can be related to financial adjustments to optimize the capital structure of companies.

Extensions of Purpose

No purpose extension acts have been registered. This data can be interpreted as stability in the main activities of companies.

Changes in One-Person Company

No changes in one-person company acts have been registered. This data suggests stability in the ownership structure of companies.

Losses of One-Person Company

No loss of one-person company acts have been registered. This data indicates that there have been no changes in the ownership structure of one-person companies.

Extinctions

No extinction acts have been registered. This data is positive, as it suggests that there have been no definitive company closures in the analyzed period.

Mergers

No merger acts have been registered. This data can be interpreted as an absence of business consolidation processes in the analyzed period.

Transformations of Society

No society transformation acts have been registered. This data suggests stability in the legal form of companies.

In conclusion, the analysis of the Mercantile Registry of Las Palmas shows a dynamic and stable business environment, with a significant number of appointments, constitutions, and statutory modifications. The absence of dissolutions, bankruptcy situations, and extinctions is a positive indicator of the financial health of companies in the region. Companies like DISTRIBUIDORA ELECTRICA CANARIA SA, KWS SEMILLAS CANARIAS SL and GRASS CLUB SA are examples of entities that contribute to the economic development of Las Palmas through their activities and business strategies.