BORME summary in ILLES BALEARS on 2024-07-30.

Financial Analysis of the Mercantile Registry of Illes Balears

Financial Analysis of the Mercantile Registry of Illes Balears

Report Date: 2024-07-30

This financial analysis focuses on the most relevant data from the Mercantile Registry of Illes Balears. Below, the most notable facts in various categories of registry acts are described, with specific references to some notable companies in the region.

Appointment Acts

During the analyzed period, a total of 50 appointment acts have been registered. This number reflects significant activity in terms of changes and additions to the administrative bodies of companies in Illes Balears. For example, the company Aglomerados Ibiza SA, constituted in 1972 with a share capital of 649,101.00 euros, has not registered recent appointment acts, which could indicate stability in its administrative structure.

Constitution Acts

22 constitution acts have been registered, which is a positive indicator of the creation of new companies in the region. The company Escarlata Island SL, constituted in 2021, is an example of this trend. With a share capital of 8,003,000.00 euros, its corporate purpose includes the purchase and lease of real estate, as well as the operation of tourist establishments.

Cessation Acts

The registry shows 21 cessation acts, which can be interpreted as a moderate level of turnover in the management positions of companies. This data is relevant for evaluating the stability and continuity in business management.

Revocation Acts

Only one revocation act has been registered, suggesting that appointment and cessation decisions are generally firm and do not require many rectifications or annulments.

Unipersonal Acts

With 11 unipersonal acts, a trend towards simplification in the ownership structure of some companies is observed. This can be beneficial for more agile and efficient decision-making.

Change of Address Acts

9 change of address acts have been registered, which could indicate a strategic relocation of companies to optimize their operations or access new markets.

Statutory Modification Acts

With 12 statutory modification acts, companies in Illes Balears show a willingness to adapt and evolve in response to changes in the legal and market environment.

Capital Increase Acts

6 capital increase acts have been registered, which is an indication that some companies are in a growth phase and seek to strengthen their capital base for future investments. For example, the company Eucalipto Blue SL, constituted in 2016 with a share capital of 2,039,153.00 euros, might be considering a capital increase to expand its activities in construction and tourism.

Dissolution Acts

2 dissolution acts have been registered, which is a relatively low number and suggests good overall health of the business fabric in the region.

Re-election Acts

With 4 re-election acts, it can be inferred that there is a certain continuity in the administration of some companies, which is positive for stability and investor confidence.

Bankruptcy Acts

No bankruptcy acts have been registered, which is an excellent indicator of the solvency and financial stability of companies in Illes Balears.

Change of Purpose Acts

4 change of purpose acts have been registered, indicating that some companies are diversifying or adjusting their activities to better adapt to market conditions. An example is Compañía Hotelera Sant Jordi SA, whose main activity is the operation of hotel establishments and the provision of administrative services to other group companies.

Change of Name Acts

2 change of name acts have been registered, which may reflect rebranding or a change in the market strategy of the involved companies.

Capital Reduction Acts

Only one capital reduction act has been registered, suggesting that most companies are in a growth phase or maintaining their capital level.

Expansion of Purpose Acts

No expansion of purpose acts have been registered, indicating that companies are keeping their activities within their current business lines.

Change of Unipersonal Company Acts

2 change of unipersonal company acts have been registered, which could indicate a trend towards simplification in the ownership structure.

Loss of Unipersonality Acts

No loss of unipersonality acts have been registered, suggesting that companies that have opted for this structure are maintaining it.

Extinction Acts

No extinction acts have been registered, which is a positive indicator of the continuity of companies in the region.

Merger Acts

No merger acts have been registered, which could indicate that companies are focused on organic growth rather than consolidation through mergers.

Company Transformation Acts

No company transformation acts have been registered, suggesting that companies are maintaining their current legal structures.

In conclusion, the analysis of the data from the Mercantile Registry of Illes Balears shows dynamic and growing business activity. Companies are adapting to market conditions, increasing their capital, and modifying their statutes to remain competitive. Stability in administration and the absence of bankruptcy situations are positive indicators of the financial health of companies in the region.