Financial Analysis of the Mercantile Registry of Las Palmas

Date: July 9, 2024

This report aims to analyze the most relevant data from the Mercantile Registry of Las Palmas, highlighting the most significant facts related to acts of appointments, incorporations, resignations, revocations, sole proprietorships, changes of address, statutory modifications, capital increases, dissolutions, re-elections, bankruptcy situations, changes of object, changes of name, capital reductions, object extensions, changes of sole proprietorship, losses of sole proprietorship, extinctions, mergers, and company transformations.

Appointments

The total number of appointment acts in the Mercantile Registry of Las Palmas is 26. This data reflects significant activity in terms of changes in the administration and management of registered companies. For example, the company Naviera Cies SA has registered an appointment act, indicating an update in its management structure.

Incorporations

No incorporation acts have been registered in the analyzed period. This could be interpreted as stability in the number of new companies being established in the region, but it could also mean a lack of dynamism in the creation of new entities.

Resignations

19 resignation acts have been registered. This number indicates changes in the management or administration of companies. For example, the company Marítima de Barlovento SL has registered a resignation act, which could imply an internal restructuring.

Revocations

The number of revocation acts is 3. Revocations may be related to the annulment of previously granted powers or authorizations. This relatively low number suggests that most companies maintain their power structures without significant changes.

Sole Proprietorships

Only one sole proprietorship act has been registered. This act indicates that a company has become a sole proprietorship, meaning it has a single partner. This change can have implications for the company's management and operation.

Changes of Address

5 change of address acts have been registered. These acts reflect the mobility of companies within the region or to other areas. For example, the company Anarafe SL, with a share capital of €7,553,550.00, might be considering a strategic relocation to improve its operations.

Statutory Modifications

The number of statutory modification acts is 7. Statutory modifications can include changes in the company's bylaws, such as expanding the corporate purpose, changes in capital structure, among others. For example, the company Monte Brígida SL might be making adjustments to its bylaws to adapt to new business opportunities.

Capital Increases

No capital increase acts have been registered. The absence of capital increases may indicate a lack of need for additional financing by companies, or a possible difficulty in obtaining new financial resources.

Dissolutions

No dissolution acts have been registered. This suggests that the companies registered in Las Palmas are maintaining their operations without significant closures during the analyzed period.

Re-elections

2 re-election acts have been registered. Re-elections usually indicate continuity in the management of companies, keeping the same directors in their positions.

Bankruptcy Situations

No bankruptcy situation acts have been registered. The absence of bankruptcy proceedings is a positive indicator of the financial health of companies in the region, suggesting that they have not faced severe financial difficulties requiring bankruptcy proceedings.

Changes of Object

No change of object acts have been registered. This indicates that companies have not made modifications to their main activities during the analyzed period.

Changes of Name

Only one change of name act has been registered. Name changes may reflect rebranding or a marketing strategy to improve the company's image.

Capital Reductions

No capital reduction acts have been registered. The absence of capital reductions can be an indicator of financial stability, as companies have not needed to decrease their share capital.

Object Extensions

No object extension acts have been registered. This suggests that companies have not diversified their main activities during the analyzed period.

Changes of Sole Proprietorship

Only one change of sole proprietorship act has been registered. This act indicates that a company has gone from having multiple partners to being a sole proprietorship.

Losses of Sole Proprietorship

No loss of sole proprietorship acts have been registered. This indicates that existing sole proprietorships have maintained their structure without changes.

Extinctions

No extinction acts have been registered. The absence of extinctions suggests that companies have continued operating without definitive closures.

Mergers

No merger acts have been registered. The lack of mergers may indicate stability in the market, without significant consolidation movements among companies.

Company Transformations

No company transformation acts have been registered. This suggests that companies have not changed their legal form during the analyzed period.

Conclusions

In summary, the analysis of the Mercantile Registry of Las Palmas shows moderate activity in terms of appointments and resignations, with notable stability in other aspects such as incorporations, dissolutions, and bankruptcy situations. Companies seem to maintain a stable structure without major changes in their share capital, corporate purpose, or legal form. This scenario can be interpreted as a sign of stability and continuity in the business fabric of Las Palmas.