Financial Analysis of ILLES BALEARS

This financial report aims to analyze the most relevant events recorded in the Commercial Registry of ILLES BALEARS up to the date of August 19, 2024. This analysis will focus on various categories of commercial acts, providing a clear and detailed view of business behavior in the region.

Appointments

The number of recorded appointment acts amounts to 46, reflecting active dynamics in the designation of managerial and administrative positions in companies in the region. A notable example is the company CYDONIA SA, which has recorded an appointment in its history. This company has a share capital of 3,060,101.00 euros, positioning it as a significant entity in the market.

Incorporations

There have been 18 acts of incorporation of new companies, indicating a favorable environment for entrepreneurship and the creation of new businesses. This data is encouraging as it suggests economic growth and an expansion of the business fabric in ILLES BALEARS.

Resignations

The number of recorded resignations is also 18, which could be interpreted as a renewal in the managerial positions of companies. For example, the company VIAJES SIDETOURS SA has recorded a resignation in its history. This company, incorporated in 1975, has a share capital of 3,000,000.00 euros.

Revocations

Only one act of revocation has been recorded, suggesting stability in business decisions regarding the revocation of previously granted powers or authorizations.

Single-Member Companies

The number of single-member company acts is 9, indicating that several companies have adopted or lost the status of a single-member company. This type of act is relevant to the structure and functioning of companies.

Change of Address

There have been 7 acts of change of address, which may reflect a relocation strategy by companies in search of better opportunities or operating conditions.

Statutory Modifications

The number of statutory modifications is 2, indicating that some companies have decided to adjust their statutes to adapt to new realities or business strategies.

Capital Increases

Only one act of capital increase has been recorded, suggesting that companies are being cautious about injecting new financial resources. The company PROMOTURIST SA, with a share capital of 14,106,145.00 euros, is an example of an entity with a solid capital base.

Dissolutions

One act of dissolution has been recorded, indicating a low rate of company closures in the region. This could be interpreted as a sign of economic stability.

Re-elections

The number of re-elections is 1, suggesting continuity in the management teams of companies. This is a positive indicator of stability and confidence in business management.

Bankruptcy Situations

No acts of bankruptcy situations have been recorded, which is a very positive indicator of the financial health of companies in ILLES BALEARS, as no insolvencies or bankruptcies have occurred.

Change of Purpose

One act of change of corporate purpose has been recorded, indicating that at least one company has decided to redefine its main activity. This may be a strategy to adapt to new market opportunities.

Change of Name

The number of name changes is 3, reflecting a trend of companies rebranding or updating their corporate image to improve their market positioning.

Capital Reductions

One act of capital reduction has been recorded, which may be a financial adjustment strategy by a company.

Expansion of Purpose

No acts of expansion of purpose have been recorded, indicating that companies are maintaining their activities within previously established limits.

Change to Single-Member Company

No acts of change to single-member company have been recorded, suggesting stability in the corporate structure of companies.

Loss of Single-Member Status

No acts of loss of single-member status have been recorded, also suggesting stability in the corporate structure.

Extinctions

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

Mergers

No acts of mergers have been recorded, suggesting that companies are opting to grow organically rather than through mergers.

Transformations of Company

No acts of company transformations have been recorded, indicating stability in the legal form of companies in ILLES BALEARS.

In conclusion, the analysis of commercial acts in ILLES BALEARS reveals a panorama of stability and moderate growth. The creation of new companies and stability in management teams are positive signs, while the low incidence of dissolutions and bankruptcy situations indicates good financial health in the region.