Financial Analysis of the Mercantile Registry of Las Palmas

Date: July 16, 2024

The financial analysis of the Mercantile Registry of Las Palmas reveals a series of relevant facts detailed below, based on data obtained from various companies registered in this province.

Appointments and Resignations

In the Mercantile Registry of Las Palmas, a total of 4 appointment acts and 3 resignation acts have been registered. These movements are indicative of an active business dynamic, where companies are adjusting their management structures to adapt to market needs. An example of this is the company FINCA LA GOMERA SL, which has registered 2 appointments and 1 resignation. This company, established in 2001, has a share capital of 1,800,000.00 euros and is dedicated to the purchase, construction, promotion, administration, and exploitation of real estate.

Constitutions and Dissolutions

Regarding constitutions, no acts of this type have been registered in the analyzed period, which could suggest stability in the creation of new companies in the region. Likewise, no dissolution acts have been registered, indicating that existing companies are maintaining their operations without resorting to dissolution.

Statutory Modifications and Change of Address

4 acts of statutory modifications and 2 acts of change of address have been registered. These acts reflect the need for companies to adapt to new regulations or business strategies. For example, FINCA LA GOMERA SL has made 1 statutory modification and 1 change of address, demonstrating its flexibility and adaptability.

Capital Increases

In the analyzed period, 1 act of capital increase has been registered. This type of act is crucial for companies seeking to increase their financial capacity to undertake new projects or expand their operations. However, FINCA LA GOMERA SL has not recently made capital increases, which could indicate that its current share capital is sufficient for its operational needs.

Re-elections and Revocations

1 act of re-election has been registered and no acts of revocations have been registered. Re-election is indicative of the confidence shareholders place in their current directors, while the absence of revocations suggests stability in managerial positions.

Bankruptcy Situations

No acts of bankruptcy situations have been registered, which is a positive indicator of the financial health of companies in the region. The absence of creditor bankruptcies suggests that companies are adequately managing their debts and financial obligations.

Changes in Corporate Purpose and Name

1 act of change of corporate purpose has been registered and no acts of changes in corporate name have been registered. Changing the corporate purpose can be a strategy to diversify the company's activities or to adapt to new business opportunities. For example, FINCA LA GOMERA SL has not made changes to its corporate purpose, which remains the purchase, construction, promotion, administration, and exploitation of real estate.

Reductions and Increases in Corporate Purpose

No acts of capital reductions or increases in corporate purpose have been registered. This indicates that companies are maintaining their capital structures and areas of activity without significant changes.

Transformations and Mergers

No acts of company transformations or mergers have been registered. The absence of these acts suggests that companies are operating under their current structures without needing to transform into another type of company or merge with other companies.

Conclusion

In summary, the analysis of the Mercantile Registry of Las Palmas shows a situation of stability and adaptability among the registered companies. The movements of appointments and resignations, along with statutory modifications and changes of address, reflect a dynamic business activity. The absence of bankruptcy situations and dissolutions is a positive indicator of the financial health of companies in the region. Companies like FINCA LA GOMERA SL are an example of how companies are effectively managing their operations to remain competitive in the market.