Financial Analysis of the Mercantile Registry of Illes Balears

Analysis date: August 29, 2024

This financial report aims to provide a detailed overview of the activities recorded in the Mercantile Registry of Illes Balears. This analysis is based on the most recent and relevant data, covering various aspects such as appointments, incorporations, resignations, revocations, sole proprietorships, address changes, statutory modifications, capital increases, dissolutions, re-elections, insolvency situations, object changes, name changes, capital reductions, object expansions, sole proprietorship changes, loss of sole proprietorship, terminations, mergers, and company transformations.

Appointments

The total number of recorded appointment acts is 55. This data reflects significant activity in terms of changes in the direction and management of companies in the region. A notable example is Hotel San Francisco SA, which has recently recorded an appointment. This company, incorporated in 1975, has a share capital of 471,464,015.00 euros.

Incorporations

There have been 16 acts of incorporations recorded, indicating moderate growth in the creation of new companies. This data is crucial for assessing the economic vitality of the region, as the creation of new companies is an indicator of business confidence and market opportunities.

Resignations

The number of recorded resignations is 26. This data can be interpreted in various ways but generally suggests restructuring within existing companies. An example is Talichi International Publishing SL, which has recently recorded a resignation. This company has a share capital of 7,500,000.00 euros.

Revocations

Regarding revocations, 2 acts have been recorded. Revocations are usually related to the annulment of previously granted powers or authorizations, which may indicate changes in the power structure within companies.

Sole Proprietorships

The number of sole proprietorship acts is 11. This data reflects cases where a single natural or legal person owns all the shares or participations of a company.

Address Changes

There have been 10 acts of address changes recorded. Address changes can be due to various reasons, including seeking better business opportunities, cost reduction, or strategic changes in the location of operations.

Statutory Modifications

The number of recorded statutory modifications is 5. These modifications usually involve changes in the company's bylaws, which can range from modifying the corporate purpose to changes in the capital structure.

Capital Increases

One act of capital increase has been recorded. Capital increases indicate that companies are seeking to increase their capital base to finance new investments or expansions. An example is Riu Hotels SA, which has a share capital of 40,808,579.00 euros.

Dissolutions

The number of recorded dissolutions is 6. Dissolutions can be voluntary or forced and usually indicate the cessation of a company's activities. An example is Talichi International Publishing SL, which has recorded a dissolution.

Re-elections

No re-election acts have been recorded. Re-elections usually involve the re-election of members of the board of directors or other governing bodies of the company.

Insolvency Situations

No insolvency situations have been recorded. This data is positive, as it indicates that no company has entered into a process of insolvency or bankruptcy.

Object Changes

Three acts of object changes have been recorded. Changes in corporate purpose usually reflect a reorientation of the company's activities towards new business areas.

Name Changes

No name changes have been recorded. Name changes usually occur when a company decides to change its name for rebranding reasons or changes in ownership structure.

Capital Reductions

No capital reductions have been recorded. Capital reductions are usually a sign of financial restructuring within the company.

Object Expansions

No object expansions have been recorded. Expansions of corporate purpose usually indicate that a company is expanding its activities to new business areas.

Sole Proprietorship Changes

Two acts of sole proprietorship changes have been recorded. These changes usually involve the transition from a sole proprietorship to a company with multiple shareholders, or vice versa.

Loss of Sole Proprietorship

No losses of sole proprietorship have been recorded. This data indicates that no company has lost its status as a sole proprietorship.

Terminations

No terminations have been recorded. Terminations usually indicate the definitive cessation of a company's activities.

Mergers

No mergers have been recorded. Mergers are usually a sign of market consolidation, where two or more companies combine to form a new entity.

Company Transformations

No company transformations have been recorded. Company transformations usually involve changes in the legal form of the company, such as the transformation of a limited company into a public limited company.

In summary, the Mercantile Registry of Illes Balears shows significant activity in terms of appointments and resignations, suggesting a dynamic of restructuring and changes in the management of companies. The creation of new companies and capital increases are positive indicators of economic growth. However, the number of dissolutions and object changes also reflect adjustments and reorientations in the market. Companies like Hotel San Francisco SA, Talichi International Publishing SL and Riu Hotels SA are notable examples of the diversity and dynamism of the business fabric in the region.