Financial Analysis of Commercial Activity in Illes Balears

Date: 2024-09-09

This report provides a detailed analysis of commercial activity in the province of Illes Balears, based on the data available up to the indicated date. Below are the most relevant facts in various categories of registered commercial acts.

Commercial Registry

Commercial activity in Illes Balears is registered under the Commercial Registry of Illes Balears. This registry is fundamental for the formalization and legalization of commercial activities in the region.

Appointments

A total of 64 appointment acts have been registered. This number reflects the dynamics of companies in terms of the designation of new executive and administrative positions. A notable example is the company Naviera Balear SL, which has carried out one appointment act. This company, established in 1950, has a share capital of 1,538,604.00 euros and is dedicated to the rental and sale of boats, as well as the exploitation of administrative concessions in the port of Palma de Mallorca.

Constitutions

Regarding the constitution of new companies, 20 acts have been registered. This data indicates the growth and creation of new commercial entities in the region.

Cessations

33 cessation acts have been registered, implying the termination of executive or administrative positions in various companies. This number may reflect strategic changes or internal restructurings.

Revocations

In the area of revocations, 6 acts have been recorded. Revocations are usually related to the annulment of previously granted powers or authorizations.

Unipersonalities

8 unipersonality acts have been registered, indicating the transformation of companies into single-member entities, where a single partner assumes the entirety of the share capital.

Changes of Address

Regarding changes of address, 3 acts have been registered. These types of acts reflect the mobility and relocation of companies within the region.

Statutory Modifications

4 statutory modification acts have been recorded, implying changes in the social statutes of companies. These modifications can cover aspects such as the corporate purpose, capital structure, among others.

Capital Increases

In the financial area, 8 capital increase acts have been registered. These acts indicate the injection of new financial resources into companies for their expansion and growth. A relevant example is the company Residencial Marina SL, with a share capital of 6,844,903.00 euros.

Dissolutions

5 dissolution acts have been registered, implying the termination of business activity and the liquidation of the affected companies. An example is the company Hotel San Diego SL, which has carried out a dissolution act.

Re-elections

Regarding re-elections, 4 acts have been registered. Re-elections are acts through which the mandate of executive or administrative positions is renewed.

Bankruptcy Situations

No acts related to bankruptcy situations have been registered, indicating financial stability in the region's companies.

Changes of Purpose

3 acts of changes of purpose have been registered, implying the modification of the corporate purpose of companies. These changes may respond to new business opportunities or adaptation to new market circumstances.

Capital Reductions

In the financial area, 2 capital reduction acts have been registered. These acts may be related to the return of contributions to partners or the compensation of losses.

Changes of Single-Member Company

1 act of change of single-member company has been registered, implying the transformation of a company into an entity with a single partner.

Extinctions, Mergers, and Transformations of Company

No acts related to extinctions, mergers, or transformations of company have been registered, indicating stability in the structure and organization of companies in the region.

Conclusion

In summary, commercial activity in Illes Balears shows significant dynamics in terms of appointments, constitutions, and cessations. Companies in the region are actively involved in capital increases and in adapting their organizational and statutory structures. Financial stability is reflected in the absence of bankruptcy situations and a limited number of dissolutions and capital reductions. Companies like Naviera Balear SL, Residencial Marina SL, and Hotel San Diego SL are notable examples of the diversity and solidity of the business fabric in the region.