Financial Analysis of Companies in Las Palmas

Date: August 8, 2024

This report presents a detailed analysis of the most relevant facts related to companies registered in the province of Las Palmas. The data has been extracted from a set of commercial registers that include various administrative and financial acts. Below, the most notable aspects are described:

Commercial Register

The commercial register of Las Palmas has been the focus of numerous administrative and financial acts. In total, 28 appointments, 9 incorporations, 16 cessations, 4 revocations, and 5 changes of address have been registered. These data reflect dynamic business activity in the region.

Appointments

The number of appointment acts amounts to 28, indicating constant renewal and adjustment in the managerial structures of companies. For example, the company FLOW CANARIAS SL has made a significant appointment, which may be related to its share capital of 1,000,000.00 euros and its corporate purpose focused on the sale of automobiles and light motor vehicles.

Incorporations

9 acts of incorporation have been registered, suggesting growth in the creation of new companies in the region. This increase in incorporations is a positive indicator of business confidence and entrepreneurship in Las Palmas.

Cessations and Revocations

Regarding cessations, 16 acts have been registered, while revocations total 4. These data may reflect internal adjustments and restructurings in various companies. A notable example is ARENALES DE LAS PALMAS SL, which has registered a cessation and a revocation, maintaining a share capital of 1,954,956.00 euros.

Changes of Address

5 changes of address have been made, which may indicate a search for better strategic or logistical locations by companies. These changes are essential to adapt to market needs and improve operational efficiency.

Statutory Modifications

Statutory modifications total 12 acts, reflecting the need for companies to adapt to new regulations or changes in their organizational structure. The company PUNTO ZERO CENTROS DE OCIO SA has registered a statutory modification, which may be related to its corporate purpose focused on gambling and betting activities, and its share capital of 8,000,000.00 euros.

Capital Increases and Reductions

No acts of capital increases or reductions have been registered, suggesting stability in the financial structure of companies during this period.

Dissolutions

3 acts of dissolution have been registered, indicating that some companies have ceased their operations. This data is relevant to understand the dynamism and challenges of the business environment in Las Palmas.

Re-elections

2 re-elections have been carried out, showing continuity in the trust placed in certain managers by companies.

Bankruptcy Situations

5 bankruptcy situations have been registered, reflecting financial difficulties in some companies. This data is crucial to assess the economic health of the region and the ability of companies to face financial challenges.

Changes in Corporate Purpose

3 changes in corporate purpose have been registered, indicating diversification or redirection in business activities. For example, FLOW CANARIAS SL has expanded its corporate purpose to include the sale of automobiles and light motor vehicles, as well as the organization and exploitation of related businesses.

Other Acts

No acts of changes in denomination, expansions of corporate purpose, changes in single-member company status, losses of single-member status, extinctions, mergers, or transformations of society have been registered. This suggests stability in these aspects during the analyzed period.

Conclusion

In summary, the commercial register of Las Palmas has shown dynamic and varied business activity. Appointments and incorporations indicate growth and renewal in companies, while cessations and revocations reflect internal adjustments. Changes of address and statutory modifications are essential to adapt to market needs. Although some dissolutions and bankruptcy situations have been registered, stability in capital increases and reductions suggests a generally solid financial structure. Companies in Las Palmas continue to adapt and evolve to face challenges and seize market opportunities.