Financial Analysis of the Mercantile Registry of Las Palmas

Date: August 19, 2024

This report provides a detailed analysis of the activities recorded in the Mercantile Registry of Las Palmas. Below, the most relevant facts related to the different columns of the provided CSV are described.

Mercantile Registry

The Mercantile Registry of Las Palmas has recorded a total of 12 appointments, 7 incorporations, 4 cessations, and 0 revocations. Additionally, 4 acts of single-member companies and 1 change of address have been carried out. There have also been 3 statutory modifications and 1 capital increase recorded. In terms of dissolutions, 1 act has been recorded. No re-elections, bankruptcy situations, changes of object, changes of name, capital reductions, object extensions, changes of single-member company, loss of single-member status, terminations, or mergers have been recorded. Finally, 1 company transformation has been recorded.

Appointments

A total of 12 appointments have been recorded in the Mercantile Registry of Las Palmas. This number reflects significant activity in terms of changes in leadership and management in companies. An example of this is the company EXPOMELONERAS SA, which has recorded one appointment in its history. This company, incorporated on February 22, 2006, has a share capital of 450,000.00 euros and is dedicated to the construction, sale, and operation of buildings intended for the holding of congresses, conventions, and fairs.

Incorporations

During the analyzed period, 7 new company incorporations have been recorded. This data indicates a dynamic and growing business environment in the Las Palmas region. The creation of new companies is essential for economic development and job creation in the region.

Cessations

4 cessations have been recorded in the Mercantile Registry of Las Palmas. Cessations can be due to various reasons, such as changes in organizational structure, retirements, or strategic decisions. In the case of EXPOMELONERAS SA, a cessation has also been recorded, which could reflect an adjustment in its management team.

Single-Member Companies

4 acts of single-member companies have been recorded, indicating that some companies have come to be managed by a single partner. This type of structure can offer advantages in terms of decision-making and operational flexibility.

Changes of Address

Only one change of address has been recorded during the analyzed period. Changes of address can indicate a strategy of expansion or relocation to take advantage of better business opportunities.

Statutory Modifications

3 statutory modifications have been recorded. Modifications in a company's statutes can reflect changes in its organizational structure, corporate purpose, or internal regulations, thus adapting to new market realities.

Capital Increases

During the analyzed period, one capital increase has been recorded. Capital increases indicate that companies are seeking to increase their financial capacity to undertake new projects or expand their operations.

Dissolutions

One dissolution has been recorded in the Mercantile Registry of Las Palmas. The dissolution of a company can be due to multiple factors, such as financial problems, market changes, or strategic decisions by the partners.

Company Transformations

Finally, one company transformation has been recorded. This type of act reflects a change in the legal form of a company, which can respond to the need to adapt to new legal or market circumstances.

Conclusion

In summary, the Mercantile Registry of Las Palmas has shown varied activity during the analyzed period, with a significant number of appointments and incorporations, as well as some cessations and statutory modifications. The presence of a capital increase and a company transformation also stand out as relevant facts. These data reflect an active and constantly evolving business environment, with companies like EXPOMELONERAS SA actively participating in these changes.