Financial Analysis of the Commercial Registry of Santa Cruz de Tenerife

Date: June 4, 2024

This report presents a detailed analysis of the activities registered in the Commercial Registry of Santa Cruz de Tenerife. Various commercial acts and their financial implications have been considered, using the companies registered in this province as a reference.

Commercial Registry

The Commercial Registry of Santa Cruz de Tenerife has been a focal point for various business activities. Below are the most relevant registered acts:

Appointments and Dismissals

In the analyzed period, no acts of appointments or dismissals were registered. This indicates stability in the management of companies, without significant changes in administration.

Constitutions and Dissolutions

No new constitutions or dissolutions of companies were registered. The absence of new constitutions could suggest a lack of new investments or ventures in the region, while the lack of dissolutions points to business stability.

Revocations and Re-elections

As in the previous points, no acts of revocations or re-elections were registered. This reinforces the idea of stability in business management structures.

Single-Member Companies

No acts related to the single-member status of companies were registered, suggesting no changes in the ownership structure of the registered entities.

Changes of Address

No changes of address were registered, indicating that companies are maintaining their current locations, possibly due to satisfaction with their operational environments.

Statutory Modifications

Four acts of statutory modifications were registered. These types of acts can include changes in the company's bylaws, adaptations to new regulations, or adjustments in the organizational structure.

Capital Increases and Reductions

Two acts of capital increases and no capital reductions were registered. Capital increases usually indicate an injection of resources for the growth or expansion of companies. An example of a company with significant share capital is ISLAFARM SL, with a share capital of 744,338.00 euros.

Bankruptcy Situations

No bankruptcy situations were registered, suggesting that no company in the region has entered into insolvency or bankruptcy proceedings during the analyzed period.

Changes of Corporate Purpose and Name

One act of change of corporate purpose and no change of corporate name were registered. A change of corporate purpose can reflect an adaptation of companies to new business opportunities or changes in their operational strategy. For example, the company ISLAFARM SL has as its corporate purpose the purchase and sale of plots, buildings, houses, apartments, commercial premises, among others.

Extensions of Corporate Purpose

No extensions of corporate purpose were registered, suggesting that companies are maintaining their activities within previously established limits.

Transformations and Mergers

No acts of transformations or mergers of companies were registered. This indicates that there were no significant changes in the corporate structure of companies, nor integrations between entities.

Dissolutions

No acts of company dissolutions were registered, reinforcing business stability in the region.

Conclusion

The analysis of the acts registered in the Commercial Registry of Santa Cruz de Tenerife reveals notable stability in the business sector. There have been no significant changes in terms of appointments, dismissals, constitutions, dissolutions, revocations, re-elections, single-member status, changes of address, bankruptcy situations, changes of name, extensions of corporate purpose, transformations, mergers, or company dissolutions.

The most notable acts are statutory modifications and capital increases, reflecting organizational adjustments and an intention to grow by some companies. The company ISLAFARM SL is an example of an entity with a robust financial structure and a diversified corporate purpose.

In summary, the business landscape in Santa Cruz de Tenerife is characterized by organizational and financial stability, with some growth initiatives and adaptation to new market circumstances.