Financial Analysis of the Mercantile Registry of Las Palmas

Report date: September 17, 2024

This report provides a detailed analysis of the acts registered in the Mercantile Registry of Las Palmas, highlighting the most relevant facts and making references to some of the most significant companies in the region.

Registered Acts

The Mercantile Registry of Las Palmas has registered a total of 18 appointments, 8 incorporations, 8 terminations, 1 revocation, 5 unipersonality acts, 0 address changes, 2 statutory modifications, 0 capital increases, 4 dissolutions, 1 re-election, 0 insolvency situations, 0 object changes, 0 name changes, 1 capital reduction, 0 object extensions, 0 unipersonal company changes, 0 unipersonality losses, 0 terminations, 0 mergers, and 0 company transformations.

Appointments

The number of registered appointments is 18, indicating significant activity in the renewal of managerial and administrative positions in the companies in the region. An example of a company with a recent appointment is SUPERMERCADO Y CAFETERIA LOS MOJONES SL, which has registered an appointment and a re-election. This company, incorporated in 1980, has a share capital of 420,708.00 euros.

Incorporations

8 new company incorporations have been registered, reflecting a dynamic and growing business environment. This number of incorporations is a positive indicator of business confidence in the Las Palmas region.

Terminations

The registry shows 8 terminations, which may be related to internal restructuring of companies or changes in business strategy. For example, PANADERIA TEROR SL has registered 2 terminations. This company, incorporated in 1999, has a share capital of 500,000.00 euros and is dedicated to the operation of bars, cafeterias, restaurants, among others.

Revocations

Only 1 revocation has been registered, suggesting stability in positions and business decisions in most companies in the region.

Unipersonality Acts

5 unipersonality acts have been registered, indicating that some companies are opting for the unipersonal company structure, possibly to simplify the business structure and facilitate decision-making.

Statutory Modifications

The registry shows 2 statutory modifications, which may be related to changes in the social statutes of companies to adapt to new regulations or business strategies.

Capital Increases

No capital increases have been registered in this period, which could indicate stability in the financial structure of existing companies.

Dissolutions

4 dissolutions have been registered, which may indicate economic difficulties or strategic decisions to close unprofitable operations. An example of a company with dissolutions is WURTH CANARIAS SL, although this particular company has not registered recent dissolutions. WURTH CANARIAS SL, incorporated in 2010, has a share capital of 300,000.00 euros and is dedicated to the wholesale trade of non-food consumer products.

Re-elections

1 re-election has been registered, suggesting continuity in the management of some companies, ensuring stability and experience in business administration.

Insolvency Situations

No insolvency situations have been registered, which is a positive indicator of the solvency and financial stability of companies in the region.

Object and Name Changes

No object or name changes have been registered, suggesting that companies are maintaining their original activities and names without the need to redefine their purpose or corporate identity.

Capital Reductions

1 capital reduction has been registered, which may be related to the financial restructuring of a company to adjust its share capital to the current economic reality.

Object Extensions

No object extensions have been registered, indicating that companies are maintaining their main activities without diversifying into new business areas.

Unipersonal Company Changes and Unipersonality Losses

No unipersonal company changes or unipersonality losses have been registered, suggesting stability in the corporate structure of companies.

Terminations, Mergers, and Company Transformations

No terminations, mergers, or company transformations have been registered, indicating stability in the structure and operation of companies in the region.

Conclusions

Overall, the Mercantile Registry of Las Palmas shows dynamic but stable business activity, with a significant number of appointments and incorporations, and a low number of dissolutions and insolvency situations. Companies are maintaining their structures and main activities, suggesting confidence in the economic environment and an ability to adapt to market conditions.

Companies like SUPERMERCADO Y CAFETERIA LOS MOJONES SL and PANADERIA TEROR SL are examples of entities that are actively managing their internal structures to ensure their continuity and success in the market.