Financial Analysis of the Mercantile Registry of Illes Balears

Date: July 3, 2024

This report presents a detailed analysis of the acts registered in the Mercantile Registry of Illes Balears. Below, the most relevant facts are described, based on the available data.

Registered Acts

During the analyzed period, various acts have been registered in the Mercantile Registry of Illes Balears. Below, the most significant ones are detailed:

Appointments

The number of registered appointment acts is 65. This is an indicator of business activity in the region, showing dynamism in the management of companies. For example, the company STROHM BATHROOM SOLUTIONS SA has registered an appointment. This company, with a share capital of €4,000,000.00, is dedicated to the design, development, and manufacture of bathroom products and appliances.

Constitutions

25 acts of new company constitutions have been registered. This data reflects growth in the creation of new entities in the region, which is positive for the local economy. Companies like IBIZA FOMENTO SL, with a share capital of €11,900,000.00, are examples of new constitutions that contribute to economic development.

Resignations

The number of registered resignations is 18. This data can be interpreted as a change in the organizational structure of companies, which may be due to various reasons, such as internal restructurings or strategic changes.

Revocations

3 acts of revocations have been registered. This number is relatively low compared to other acts, indicating stability in business decisions.

Sole Proprietorships

The number of sole proprietorship acts is 9. This data is relevant to understanding the ownership structure of companies in the region.

Address Changes

10 acts of address changes have been registered. This data may reflect a trend of companies seeking better locations for their operations. Address changes can be related to expansion strategies or the search for better operational conditions.

Statutory Modifications

The number of statutory modification acts is 2. This data may indicate adjustments in the internal regulations of companies to adapt to new market realities or legal changes.

Capital Increases

2 acts of capital increases have been registered. This data is significant as it reflects the intention of companies to increase their financial capacity to undertake new projects or improve their financial structure.

Dissolutions

The number of registered dissolutions is 2. This data is important to understand the business dynamics and the challenges faced by companies in the region.

Re-elections

10 acts of re-elections have been registered. This data may indicate continuity in the management of companies, which is positive for business stability and growth.

Bankruptcy Situations

1 act of bankruptcy situation has been registered. This data is relevant to understanding the financial challenges faced by some companies in the region.

Other Acts

No acts have been registered in the following categories: changes of object, changes of name, capital reductions, object extensions, changes of sole proprietorship, losses of sole proprietorship, extinctions, mergers, and company transformations. The absence of these acts can be interpreted as stability in the structure and denomination of companies in the region.

Highlighted Companies

Below, some of the most relevant companies in the Mercantile Registry of Illes Balears are highlighted, with links to their profiles for more information:

• IBIZA FOMENTO SL - Share Capital: €11,900,000.00
• FESTABONA SL - Share Capital: €20,000,000.00
• MARCH VIDA, SOCIEDAD ANONIMA, DE SEGUROS Y REASEGUROS - Share Capital: €11,300,000.00
• STROHM BATHROOM SOLUTIONS SA - Share Capital: €4,000,000.00

Conclusion

In summary, the Mercantile Registry of Illes Balears shows dynamic business activity, with a significant number of appointments and new company constitutions. Although some resignations and dissolutions have been registered, stability in other acts such as revocations and bankruptcy situations indicates relatively stable business management. The highlighted companies in this report reflect considerable share capital, which is a positive indicator for the region's economy.