Financial Analysis of Mercantile Activity in ILLES BALEARS

Date: August 12, 2024

In this financial analysis, the most relevant facts recorded in the Mercantile Registry of ILLES BALEARS are examined. Below, the different mercantile acts and their impact on the business fabric of the region are detailed.

Appointments

The number of registered appointment acts amounts to 42. This data reflects an active business dynamic, with frequent changes in the direction and administration of companies. A notable example is the company GLOBAL CORUSCANT SL, which has registered an appointment since its incorporation in 2017. This company, with a share capital of 7,693,628.00 euros, is dedicated to the management and administration of representative values of the own funds of non-resident entities in Spanish territory.

Incorporations

22 acts of incorporations have been registered, indicating the creation of new companies and the expansion of the business market in the region. The creation of new companies is a positive indicator of economic growth and confidence in the local market.

Resignations

The number of resignation acts is 14. These acts can be due to various reasons, such as internal restructurings, strategic changes, or retirements. Although resignations may seem negative, they can also be part of a process of renewal and adaptation of companies to new circumstances.

Revocations

5 acts of revocations have been registered. Revocations can be related to changes in administration or the need to correct previous decisions. An example is the company GERRY WEBER FASHION IBERICA SL, which has registered an act of revocation. This company, with a share capital of 65,000,000.00 euros, is a significant player in the fashion sector.

Single-person Companies

15 acts of single-person companies have been registered, indicating the trend of some companies to concentrate ownership in a single person. This type of structure can facilitate decision-making and business management.

Address Changes

The number of address change acts is 8. Address changes can respond to various reasons, such as the search for better facilities, cost reduction, or proximity to strategic markets.

Statutory Modifications

No acts of statutory modifications have been registered. This data suggests stability in the internal regulations of companies in the region.

Capital Increases

2 acts of capital increases have been registered. Capital increases are an indication that companies are seeking to increase their financial resources to expand or improve their operational capacity.

Dissolutions

The number of dissolution acts is 3. Dissolutions can result from mergers, acquisitions, or the decision to close unprofitable operations. Although dissolutions can have a short-term negative impact, they can also be an opportunity for restructuring and market strengthening.

Reelections

No acts of reelections have been registered. This may indicate stability in the executive positions of companies in the region.

Bankruptcy Situations

No acts of bankruptcy situations have been registered. This is a positive data, as it suggests that companies in the region are not facing significant financial difficulties that lead them to bankruptcy processes.

Object Changes

1 act of object change has been registered. Object changes can reflect the adaptation of companies to new market opportunities or the need to diversify their activities.

Name Changes

No acts of name changes have been registered. This suggests continuity in the corporate identity of companies in the region.

Capital Reductions

No acts of capital reductions have been registered. The absence of capital reductions can be an indication that companies are not facing financial problems that require a decrease in their share capital.

Object Extensions

No acts of object extensions have been registered. This may indicate that companies are keeping their activities within previously established limits.

Single-person Company Changes

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

Losses of Single-person Status

No acts of losses of single-person status have been registered. This indicates that single-person companies are maintaining their ownership structure without significant changes.

Extinctions

No acts of extinctions have been registered. The absence of extinctions is a positive data, as it suggests that companies in the region are maintaining their active operations.

Mergers

No acts of mergers have been registered. The absence of mergers may indicate stability in the market, although it may also reflect a lack of opportunities or interest in business consolidations.

Company Transformations

No acts of company transformations have been registered. This suggests that companies are maintaining their legal structures without significant changes.

In conclusion, the analysis of the mercantile acts registered in ILLES BALEARS reveals a dynamic and growing business activity. The creation of new companies and appointments are indicative of an expanding economy, while the absence of bankruptcy situations and capital reductions suggests financial stability in the region. Companies like GLOBAL CORUSCANT SL and GERRY WEBER FASHION IBERICA SL stand out for their share capital and activity in strategic sectors, contributing to the economic development of ILLES BALEARS.