Financial Analysis of the Province of Illes Balears

Analysis Date: September 4, 2024

Commercial Registry of Illes Balears

The Commercial Registry of Illes Balears has recorded a series of relevant acts that reflect the business dynamics of the province. Below is a detailed analysis of the most significant events.

Appointments

A total of 49 appointment acts have been recorded. This number indicates considerable activity in the designation of new positions within companies. A notable example is Hotel Cala Llonga SL, which has recorded an appointment in its organizational structure.

Constitutions

The number of constitution acts is 9. This suggests a moderate creation of new companies in the province. The company Forestibiza SL, constituted in 1999, reflects the importance of new constitutions for economic growth.

Dismissals

A total of 22 dismissal acts have been recorded. This data can be interpreted as a restructuring within companies, where changes in managerial positions are being made. For example, Construauto SL has recorded a dismissal in its history.

Revocations

The number of revocation acts is 8. This type of act reflects the need for companies to adjust and correct previous decisions in terms of appointments and granted powers.

Unipersonalities

A total of 4 unipersonality acts have been recorded. This indicates the existence of companies that have opted for a single-member company structure. However, no acts of loss of unipersonality have been recorded.

Address Changes

The number of address change acts is 11. This data suggests significant business mobility within the province. Construauto SL has recorded an address change, which may reflect a relocation strategy to improve its operations.

Statutory Modifications

A total of 3 statutory modification acts have been recorded. These changes are essential for companies to adapt to new regulations or business strategies.

Capital Increases

The number of capital increase acts is 3. This data indicates companies seeking to increase their financial capacity to undertake new projects or expansions. An example of a company with significant share capital is Forestibiza SL, with a share capital of 6,000,000.00 euros.

Dissolutions

A total of 7 dissolution acts have been recorded. This data may reflect both the end of business cycles and the lack of viability of some companies.

Re-elections

No re-election acts have been recorded, which could indicate stability in the current managerial positions of companies.

Bankruptcy Situations

No bankruptcy situations have been recorded, which is a positive indicator of the financial health of companies in the province.

Object Changes

The number of object change acts is 1. This suggests that some companies are adapting their corporate purpose to better align with market opportunities. An example is Mercados Centrales de Abastecimiento de Palma de Mallorca SA, which has expanded its corporate purpose to include new activities related to food and commercial policy.

Name Changes

A total of 3 name change acts have been recorded. These changes may be part of rebranding strategies or mergers and acquisitions.

Capital Reductions

No capital reduction acts have been recorded, which may be an indicator of financial stability in companies.

Object Expansions

No object expansion acts have been recorded, suggesting that companies are maintaining their current business lines.

Changes to Single-Member Company

The number of changes to single-member company acts is 5. This indicates that some companies are opting to change their structure to a single-member company for more centralized management.

Losses of Unipersonality

No acts of loss of unipersonality have been recorded, suggesting that single-member companies are maintaining their structure.

Extinctions

A total of 1 extinction act has been recorded, indicating the definitive closure of a company.

Mergers

No merger acts have been recorded, which may indicate a lack of consolidation in the business market of the province.

Company Transformations

No company transformation acts have been recorded, suggesting that companies are maintaining their current legal forms.

Conclusion

In summary, the Commercial Registry of Illes Balears shows dynamic business activity with a significant number of appointments, dismissals, and address changes. Financial stability is reflected in the absence of bankruptcy situations and capital reductions. Companies are adapting to new market opportunities through changes in their corporate purpose and organizational structure. Notable examples of companies in this analysis include Hotel Cala Llonga SL, Forestibiza SL, and Mercados Centrales de Abastecimiento de Palma de Mallorca SA.