Financial Analysis of the Commercial Registry of Las Palmas

Analysis Date: August 23, 2024

This financial analysis focuses on the most relevant data from the Commercial Registry of Las Palmas, highlighting the most significant facts related to registered administrative and corporate acts. Below is a detailed breakdown of the obtained data and its financial interpretation.

Relevant Facts

Appointments

The number of registered appointment acts amounts to 94. This data reflects dynamic business activity, with multiple changes in the direction and administration of companies. A notable example is the company Insular de Aguas de Lanzarote SA, which has made 2 appointments. This company, with a share capital of €410,000,000.00, is dedicated to the generation, supply, and commercialization of energy.

Constitutions

34 constitution acts have been registered, indicating growth in the creation of new companies. This data is positive for the local economy, as it suggests a favorable environment for entrepreneurship and investment.

Dismissals

The number of registered dismissals is 27. This data can be interpreted as internal restructuring within companies, where changes are made in managerial positions. The company Insular de Aguas de Lanzarote SA has also registered 2 dismissals, which may be related to its dynamic of appointments.

Revocations

38 revocation acts have been registered, which may indicate adjustments and changes in previously made decisions by companies. This number suggests a constant review of business strategies.

Unipersonalities

The registry shows 19 unipersonality acts. This data is relevant as it indicates the existence of companies where a single person holds the entire share capital, which can have implications for decision-making and corporate governance structure.

Changes of Address

26 changes of address have been registered, which may reflect a search for better strategic or fiscal locations by companies. The company Afrilanz 2000 SL, with a share capital of €17,355,688.00, has made a change of address, which could be related to its expansion strategy in the real estate and tourism sector.

Statutory Modifications

The number of statutory modifications is 42. This data is significant as it shows the adaptation of companies to new regulations or changes in their organizational structure. The company Insular de Aguas de Lanzarote SA has registered a statutory modification, which could be related to its activity in the energy sector.

Capital Increases

7 capital increases have been registered, indicating an injection of financial resources into companies for their expansion or improvement of operations. This data is positive as it suggests confidence in business growth.

Dissolutions

The number of dissolutions is 4. Although this data may seem negative, it is important to consider that dissolutions can be part of restructuring processes or mergers.

Re-elections

3 re-elections have been registered, indicating continuity in the administration of some companies. The company Infond SA, with a share capital of €1,200,000,000.00, has registered a re-election, which may reflect stability in its management.

Bankruptcy Situations

The number of bankruptcy situations is 9. This data is relevant as it indicates companies that are in insolvency or financial restructuring processes. It is an indicator to monitor to evaluate the economic health of the business sector.

Changes of Corporate Purpose

2 changes of corporate purpose have been registered, which may reflect a diversification or change in the business strategy of companies. The company Insular de Aguas de Lanzarote SA has made a change of corporate purpose, which could be related to its expansion in the energy sector.

Changes of Name

Only one change of name has been registered, indicating stability in the corporate identity of companies.

Capital Reductions

The number of capital reductions is 2. This data may reflect financial adjustments to optimize the capital structure of companies.

Extensions of Corporate Purpose

No extensions of corporate purpose have been registered, suggesting that companies maintain their focus on previously defined activities.

Changes of Sole Proprietorship

No changes of sole proprietorship have been registered, indicating stability in the ownership structure of companies.

Losses of Sole Proprietorship

No losses of sole proprietorship have been registered, suggesting that sole proprietorship companies maintain their ownership structure.

Extinctions

One extinction has been registered, which may reflect the definitive closure of a company.

Mergers

No mergers have been registered, indicating that there have been no integrations of companies in the analyzed period.

Transformations of Company

No transformations of company have been registered, suggesting stability in the legal form of companies.

Conclusion

In summary, the Commercial Registry of Las Palmas shows dynamic business activity with a significant number of appointments, constitutions, and statutory modifications. Companies are constantly adapting and growing, as demonstrated by acts of capital increase and changes of address. However, it is also important to monitor bankruptcy situations and dissolutions to evaluate the economic health of the business sector. Companies like Insular de Aguas de Lanzarote SA, Afrilanz 2000 SL, and Infond SA stand out for their activities and registered changes, reflecting the diversity and dynamism of the business fabric in Las Palmas.