Financial Analysis of Mercantile Activities in Illes Balears

Analysis date: August 28, 2024

This report provides a detailed analysis of the mercantile activities registered in the province of Illes Balears. This analysis is based on data provided by the mercantile registry, which includes a variety of administrative and financial acts carried out by companies in the region. Below, the most relevant facts are described and some of the most significant companies in this context are highlighted.

Mercantile Registry and Main Activities

The mercantile registry of Illes Balears has recorded a total of 41 appointment acts, 10 constitution acts, 17 cessation acts, 9 revocation acts, 2 unipersonality acts, 4 address change acts, 1 statutory modification act, 3 capital increase acts, 1 dissolution act, 4 re-election acts, 0 insolvency acts, 1 object change act, 1 name change act, 0 capital reduction acts, 0 object expansion acts, 0 unipersonal company change acts, 0 unipersonality loss acts, 1 extinction act, 0 merger acts, and 0 company transformation acts.

Appointments

With a total of 41 appointment acts, an active dynamic in the management and direction of companies is observed. This high number reflects a trend towards the renewal and strengthening of management teams. A notable example is the company PAROT ES CANA SL, which has recorded an appointment act. This company, with a share capital of 538,142.00 euros, is dedicated to the exploitation of businesses related to catering and the production and marketing of agricultural products.

Constitutions

The registration of 10 constitution acts indicates a continuous interest in the creation of new companies in the region. This fact is a positive indicator of economic vitality and entrepreneurial spirit in Illes Balears. The company LIO IBIZA SL, constituted on April 6, 1999, is an example of an established company that has significantly contributed to the economic development of the region, with a share capital of 1,276,005.00 euros.

Cessations and Revocations

There have been 17 cessation acts and 9 revocation acts recorded, which may indicate internal restructuring in several companies. These changes are common in a dynamic business environment and may be related to strategic adjustments or changes in management. The company LIO IBIZA SL has also recorded a revocation act, reflecting its process of adaptation and evolution in the market.

Unipersonalities and Address Changes

With 2 unipersonality acts and 4 address change acts, a certain mobility and restructuring in the ownership structure and location of companies is observed. These changes may be indicative of operational and fiscal optimization strategies.

Statutory Modifications and Capital Increases

The registration of 1 statutory modification act and 3 capital increase acts suggests that some companies are taking steps to adjust their statutes and strengthen their financial position. The company SOCIEDAD GESTORA CETIS SL, with a share capital of 20,000,000.00 euros, is an example of an entity that has carried out capital increases to support its operations and expansion projects.

Dissolutions and Re-elections

There has been 1 dissolution act and 4 re-election acts recorded. The dissolution of a company can be due to various reasons, including economic unviability or strategic decisions. Re-elections, on the other hand, reflect continuity and confidence in existing management teams.

Insolvency Situations and Object Changes

No insolvency acts have been recorded, which is a positive indicator of the financial stability of companies in the region. However, 1 object change act has been recorded, which may indicate a diversification or change in business strategy. The company PAROT ES CANA SL has expanded its corporate purpose to include the exploitation of businesses related to catering and the production and marketing of agricultural products.

Capital Reductions and Object Expansions

No capital reduction acts or object expansion acts have been recorded, suggesting that companies are maintaining their capital levels and are not making significant changes to their main activities.

Unipersonal Company Changes and Unipersonality Losses

No unipersonal company change acts or unipersonality loss acts have been recorded, indicating stability in the ownership structure of companies.

Extinctions, Mergers, and Company Transformations

There has been 1 extinction act recorded, which may result from the liquidation of a company. No merger acts or company transformation acts have been recorded, suggesting that companies are operating independently and are not involved in large-scale consolidation or restructuring processes.

Conclusion

In summary, the analysis of mercantile activities in Illes Balears reveals a region with a dynamic and constantly evolving business environment. The high number of appointment and constitution acts is a positive indicator of economic vitality and entrepreneurial spirit. Although some cessation and revocation acts have been recorded, these can be seen as part of a natural process of restructuring and adaptation in a competitive market. Financial stability is reflected in the absence of insolvency situations and the maintenance of capital levels. Overall, companies in Illes Balears are well-positioned to continue their growth and development in the future.