Financial Analysis of ILLES BALEARS

Report date: August 26, 2024

This financial analysis focuses on the commercial activity registered in the province of ILLES BALEARS. Below, the most relevant facts in various categories of commercial acts are described, providing a detailed view of the business dynamics in this region.

Commercial Registry

The commercial registry of ILLES BALEARS has witnessed a series of business activities that reflect the vitality and dynamism of the local economy. Among the most notable acts are appointments, incorporations, resignations, and revocations.

Appointments

A total of 106 appointment acts have been registered. This high number indicates a high turnover and renewal in the management positions of companies, which may be a sign of adaptation and the search for new strategies to face market challenges.

Incorporations

With 31 incorporation acts, there is a growth in the creation of new companies. A notable example is FORTUNISIMA SL, incorporated on August 6, 2013, with a share capital of 903,100.00 euros. Its corporate purpose focuses on the acquisition, holding, and transfer of rural or urban properties, as well as their exploitation and management.

Resignations

Regarding resignations, 33 acts have been registered. This data can be interpreted as an internal restructuring of companies, seeking to optimize their operation and adapt to new market conditions.

Revocations

There have been 11 revocation acts, suggesting adjustments in decisions previously made by companies, possibly due to changes in business strategy or management.

Sole Proprietorships

With 18 sole proprietorship acts, there is evidence of a trend towards simplifying the business structure, where a single person assumes ownership of the company.

Address Changes

6 address change acts have been registered, which may reflect a search for better strategic locations for business operations.

Statutory Modifications

Only 1 statutory modification act has been registered, indicating relative stability in the statutes of companies.

Capital Increases

With 3 capital increase acts, there is an interest in strengthening the financial base of companies to undertake new projects or expand their operations.

Dissolutions

8 dissolution acts have been registered, which may indicate economic difficulties or market restructuring. An example of a company with dissolution acts is EL HOTEL PACHA SL, incorporated on January 1, 1987, with a share capital of 9,250,000.00 euros.

Re-elections

Only 1 re-election act has been registered, suggesting a low frequency in the renewal of management positions through this procedure.

Insolvency Situations

No insolvency situation acts have been registered, which is a positive sign of the financial health of companies in the region.

Object Changes

No object change acts have been registered, indicating that companies maintain their initial activities without major variations.

Denomination Changes

2 denomination change acts have been registered, which may reflect a rebranding or repositioning strategy in the market.

Capital Reductions

No capital reduction acts have been registered, suggesting stability in the financial structure of companies.

Object Extensions

No object extension acts have been registered, indicating continuity in existing business lines.

Sole Proprietorship Changes

1 sole proprietorship change act has been registered, which may indicate a transition in the ownership structure of the company.

Sole Proprietorship Losses

No sole proprietorship loss acts have been registered, suggesting stability in existing sole proprietorship structures.

Extinctions

2 extinction acts have been registered, which may indicate companies that have ceased their operations definitively.

Mergers

No merger acts have been registered, suggesting low activity in terms of business consolidation.

Company Transformations

No company transformation acts have been registered, indicating stability in the legal forms of companies.

Conclusion

In summary, the analysis of commercial acts registered in ILLES BALEARS shows dynamic and constantly evolving business activity. The creation of new companies and appointments stand out as the most frequent acts, reflecting a growing and adapting economy. The absence of insolvency situations and the stability in the financial structure of companies are positive signs of the economic health of the region.

Companies like FORTUNISIMA SL and EL HOTEL PACHA SL exemplify the diversity and strength of the business fabric in ILLES BALEARS, contributing to the economic and social development of the province.