Financial Analysis of the Mercantile Registry of Illes Balears

Report Date: 2024-08-05

This report presents a detailed analysis of the acts registered in the Mercantile Registry of Illes Balears, highlighting the most relevant facts and their potential impact on the business environment of the region. Below, the main acts are described, and some of the most significant companies registered in this province are mentioned.

Registered Acts

The Mercantile Registry of Illes Balears has registered a variety of business acts that reflect the dynamics and evolution of the business fabric in the region. Below, the most relevant acts are detailed:

• Appointments: A total of 211 appointment acts have been registered, indicating high activity in the designation of new managerial and administrative positions in companies.
• Incorporations: 60 acts of incorporation of new companies have been registered, reflecting continuous growth in the creation of new commercial entities.
• Terminations: 77 termination acts have occurred, which may indicate internal restructuring in several companies.
• Revocations: 18 revocation acts have been registered, which may be related to changes in management or business strategy.
• Sole Proprietorships: 24 sole proprietorship acts have been registered, indicating the trend of some companies to operate under the sole proprietorship figure.
• Address Changes: 26 address change acts have been registered, which may reflect a strategic relocation of companies.
• Statutory Modifications: 10 statutory modification acts have been registered, indicating adjustments in company statutes to adapt to new regulations or strategies.
• Capital Increases: 17 capital increase acts have been registered, reflecting an injection of financial resources into companies for their expansion or strengthening.
• Dissolutions: 11 dissolution acts have been registered, which may indicate the closure of operations of some companies.
• Bankruptcy Situations: 4 bankruptcy situation acts have been registered, reflecting financial difficulties in some companies.
• Object Changes: 9 object change acts have been registered, indicating an adjustment in the main activities of companies.
• Name Changes: 3 name change acts have been registered, which may be related to rebranding or mergers.
• Capital Reductions: 4 capital reduction acts have been registered, which may reflect financial restructuring.
• Extinctions: 1 extinction act has been registered, indicating the definitive closure of a company.

Notable Companies

Below are some of the most relevant companies registered in Illes Balears, along with links to their profiles and additional details:

• CRITERIA CAIXA SA: This company, incorporated on December 16, 2003, has a share capital of 1,834,165,800.00 euros. Its corporate purpose includes construction, rehabilitation, maintenance, and technical assistance, among other activities. More information on its profile.
• AOL SPAIN SA: Incorporated on February 3, 2000, it has a share capital of 42,216,306.00 euros. Its corporate purpose was expanded in 2008 to include the management of reservations for commercial products and services, as well as activities related to the Internet and telecommunications. More information on its profile.
• LIMPIEZAS URBANAS DE MALLORCA SA: Incorporated on October 1, 1983, it has a share capital of 51,320,000.00 euros. Its corporate purpose includes the comprehensive maintenance of buildings, industries, and shopping centers, as well as sanitation and cleaning services. More information on its profile.
• AXA MEDITERRANEAN HOLDING SA: Incorporated on February 10, 1995, it has a share capital of 211,477,295.00 euros. Its corporate purpose was expanded to include the holding and management of real estate assets. More information on its profile.

Conclusion

The analysis of the acts registered in the Mercantile Registry of Illes Balears reveals a dynamic and constantly evolving business activity. The numerous acts of appointments, incorporations, and capital increases reflect a growing and adapting business environment. However, dissolution acts and bankruptcy situations are also observed, indicating financial challenges for some companies.

The notable companies in this report, such as CRITERIA CAIXA SA, AOL SPAIN SA, LIMPIEZAS URBANAS DE MALLORCA SA, and AXA MEDITERRANEAN HOLDING SA, represent a sample of the diversity and scope of business activities in the region. Their respective corporate purposes and capitals reflect the importance of Illes Balears as a significant business center.

In summary, the business landscape in Illes Balears shows a balance between growth and restructuring, with a focus on adapting to new opportunities and challenges. This analysis provides a comprehensive view of the current situation and future trends in the business field of the region.