Financial Analysis of the Mercantile Registry of Santa Cruz de Tenerife

Date: 2024-06-05

This report aims to analyze the most relevant events recorded in the Mercantile Registry of Santa Cruz de Tenerife. Various columns reflecting mercantile activity have been considered, such as appointments, incorporations, cessations, revocations, sole proprietorships, address changes, statutory modifications, capital increases, dissolutions, re-elections, bankruptcy situations, object changes, name changes, capital reductions, object expansions, changes in sole proprietorship, loss of sole proprietorship, extinctions, mergers, and company transformations.

Appointments

The number of registered appointment acts is 61. This figure is significant as it reflects high activity in terms of the designation of new positions within companies. A notable example is the company Terminal de Contenedores de Tenerife SA, which has registered an appointment. This company, incorporated on March 7, 2012, has a share capital of 13,360,000 euros and is dedicated to the operation of the concession of the New Public Container Terminal of the East Dock of the Port of Santa Cruz de Tenerife.

Incorporations

There have been 22 acts of incorporations registered, indicating the creation of new companies in the region. This is a positive indicator of economic growth and business dynamism. The creation of new companies contributes to the diversification of the business fabric and job creation.

Cessations

The number of registered cessations is 18. Cessations can be due to various reasons, such as internal restructuring of companies or the departure of executives. An example is the company Jupecano SA, which has registered a cessation. This company has a share capital of 540,960 euros.

Revocations

There have been 3 acts of revocations registered. Revocations can imply changes in the management or direction of companies, which can affect their strategy and operation in the short and medium term.

Sole Proprietorships

The number of registered sole proprietorship acts is 17. This reflects the existence of companies managed by a single partner, which can imply greater agility in decision-making.

Address Changes

There have been 12 acts of address changes registered. Address changes can be motivated by the search for better business opportunities, reduction of operating costs, or expansion to new geographical areas.

Statutory Modifications

The number of registered statutory modifications is 1. Statutory modifications can imply changes in the social statutes of companies, which can affect their structure and operation.

Capital Increases

There have been 3 acts of capital increases registered. Capital increases are an indicator that companies are seeking to increase their financial resources to finance their growth or new projects. An example is the company Catafruit SA, which has a share capital of 2,315,560 euros and is dedicated to the conservation and commercialization of fruits and agricultural products.

Dissolutions

The number of registered dissolutions is 4. Dissolutions can be due to various reasons, such as economic unviability, project completion, or the decision of partners to close the company.

Re-elections

There have been 5 acts of re-elections registered. Re-elections can reflect continuity and stability in the management of companies, which can be positive for their long-term performance. An example is the company Grupo Inmobiliario Bricansa SA, which has registered a re-election and has a share capital of 602,000 euros. This company is dedicated to the construction of civil engineering projects and agricultural production.

Bankruptcy Situations

The number of registered bankruptcy situations is 3. Bankruptcy situations indicate that companies are facing financial difficulties and are in the process of restructuring or liquidation.

Object Changes

There has been 1 act of object change registered. Object changes can reflect the adaptation of companies to new business opportunities or changes in their business strategy.

Name Changes

The number of registered name changes is 1. Name changes can be motivated by rebranding reasons, mergers, or acquisitions of companies.

Capital Reductions

No acts of capital reductions have been registered. Capital reductions can be an indicator that companies are returning capital to their shareholders or adjusting their capital structure.

Object Expansions

There have been 2 acts of object expansions registered. Object expansions reflect the diversification of business activities, which can contribute to the expansion and growth of companies.

Changes in Sole Proprietorship

No acts of changes in sole proprietorship have been registered. Changes in sole proprietorship can imply the entry of new partners and the transformation of the ownership structure of companies.

Loss of Sole Proprietorship

There has been 1 act of loss of sole proprietorship registered. The loss of sole proprietorship can indicate the entry of new partners into the company, which can affect its structure and management.

Extinctions

No acts of extinctions have been registered. Extinctions imply the definitive closure of companies and the end of their activities.

Mergers

No acts of mergers have been registered. Mergers can be an indicator of market consolidation and can contribute to the creation of larger and more competitive companies.

Company Transformations

No acts of company transformations have been registered. Company transformations can imply changes in the legal form of companies, which can affect their structure and operation.

In conclusion, the Mercantile Registry of Santa Cruz de Tenerife shows dynamic activity in terms of appointments, incorporations, and other mercantile acts. Companies in the region are constantly evolving, adapting to new opportunities and challenges. This dynamism is a positive indicator of economic growth and the diversification of the business fabric in Santa Cruz de Tenerife.