Financial Analysis of Commercial Activities in Illes Balears

Report Date: 2024-09-18

This report provides a detailed analysis of the commercial activities registered in the province of Illes Balears, based on recent data. Below, the most relevant facts related to the registered commercial acts in this province are described.

Commercial Registry and Activities

The Commercial Registry of Illes Balears has registered a total of 61 appointments, 25 incorporations, 16 cessations, 2 revocations, and 13 sole proprietorships. Additionally, 6 address changes, 1 statutory modification, 2 capital increases, and 5 dissolutions have been registered. No acts of re-elections, object changes, capital reductions, object extensions, sole proprietorship changes, loss of sole proprietorship, extinctions, mergers, or company transformations have been registered.

Appointments

The number of appointments is significant, with a total of 61 acts registered. This data reflects active dynamics in business management within the province. A notable example is the company Criteria Caixa SA, which has registered an appointment. This company, incorporated on December 16, 2003, has a share capital of 1,834,165,800.00 euros and is engaged in construction, rehabilitation, maintenance, and technical assistance, among other activities.

Incorporations

25 incorporation acts have been registered, indicating continuous growth in the creation of new companies. This data is encouraging as it suggests a favorable environment for entrepreneurship and investment in the region.

Cessations

The registration of 16 cessations indicates changes in the administration of various companies. These changes may be due to various reasons, such as internal restructurings or strategic changes.

Revocations

2 revocations have been registered, a relatively low number compared to other acts. Revocations may be related to the annulment of previously granted powers or mandates.

Sole Proprietorships

The registration of 13 sole proprietorships indicates the existence of companies with a single partner. This type of structure can be advantageous for quick and efficient decision-making.

Address Changes

6 address changes have been registered, reflecting the mobility and adaptation of companies to new locations. An example is the company Maya Beach Club Ibiza SL, which has registered an address change. Incorporated on March 21, 2016, this company has a share capital of 1,769,135.00 euros and is engaged in various activities, including construction, commerce, and tourism.

Statutory Modifications

Only one statutory modification has been registered. Statutory modifications may involve changes in the company's bylaws, adapting to new regulations or business strategies.

Capital Increases

2 capital increases have been registered, indicating that some companies are increasing their share capital to finance new investments or projects. This is a positive sign of business growth and expansion.

Dissolutions

The registration of 5 dissolutions indicates that some companies have ceased their activities. Dissolutions may be due to various reasons, such as financial problems or strategic decisions by the partners.

Insolvency Situations

One insolvency situation has been registered, suggesting that a company has entered into an insolvency process. Such situations may indicate significant financial difficulties.

Name Changes

One name change has been registered, which may reflect a rebranding or an internal restructuring of the company.

Unregistered Acts

No acts of re-elections, object changes, capital reductions, object extensions, sole proprietorship changes, loss of sole proprietorship, extinctions, mergers, or company transformations have been registered. The absence of these acts may indicate stability in certain areas but may also suggest a lack of activity in terms of business expansion or restructuring.

Conclusions

In summary, the Commercial Registry of Illes Balears shows dynamic business activity with a significant number of appointments and incorporations. Mobility in terms of address changes and capital increases reflects a growing and adapting business environment. However, the presence of dissolutions and an insolvency situation also indicates challenges that some companies face.

Companies like Criteria Caixa SA and Maya Beach Club Ibiza SL stand out for their activities and recent changes, providing concrete examples of the diversity and dynamism of the business environment in Illes Balears.

This analysis provides an overview of the commercial activities in the province and can serve as a basis for future investment decisions and business strategies.