Financial Analysis of the Commercial Registry of Santa Cruz de Tenerife

Report Date: June 28, 2024

Summary of Activities

The Commercial Registry of Santa Cruz de Tenerife has registered a series of significant business activities. Below is a detailed analysis of the most relevant facts:

Appointments and Resignations

The number of recorded appointment acts is 85, while resignations amount to 29. This high number of appointments reflects an active business dynamic, with frequent changes in the direction and management of companies. A notable example is Gerovitae La Guancha SA, which has recorded 2 appointments in its history.

Incorporations and Dissolutions

There have been 36 acts of incorporations and 8 of dissolutions. The creation of new companies is a positive indicator of economic growth. Among the incorporated companies, Nexotel Adeje SA stands out, incorporated on October 27, 2000, with a share capital of 3,425,515.00 euros.

Revocations and Re-elections

The number of revocation acts is 4, while re-elections total 5. These acts reflect the need for adjustments and continuity in business management. For example, Reconocimientos Médicos Tenerife SL has recorded 1 appointment, indicating stability in its direction.

Sole Proprietorships

There have been 16 acts of sole proprietorships, suggesting a trend towards simplifying business structure, with a single owner. However, no acts of changes to sole proprietorship or losses of sole proprietorship have been recorded.

Address Changes and Statutory Modifications

The number of address changes is 14, while statutory modifications amount to 6. These changes reflect the need for companies to adapt to new circumstances and regulations. An example is Canarias Sol SL, which has recorded 1 address change.

Capital Increases and Reductions

There have been 4 acts of capital increases and 1 of capital reduction. Capital increases are an indicator of growth and business expansion. For example, Gerovitae La Guancha SA has a share capital of 4,729,000.00 euros, reflecting its financial solidity.

Dissolutions and Insolvency Situations

The number of dissolutions is 8 and 1 insolvency situation has been recorded. Dissolutions can be an indicator of economic difficulties, while insolvency situations reflect serious financial problems. No acts of extinctions have been recorded.

Changes in Object and Name

There have been 10 acts of changes in object and 1 of name change. These acts indicate the need for companies to redefine their purpose and adapt to new market opportunities. An example is Nexotel Adeje SA, whose corporate purpose includes advisory, promotion, and intermediation activities.

Mergers and Company Transformations

No acts of mergers have been recorded, but 1 act of company transformation has been recorded. Mergers and transformations are strategies used by companies to improve their competitiveness and efficiency.

Conclusion

In summary, the Commercial Registry of Santa Cruz de Tenerife shows dynamic business activity with a significant number of appointments, incorporations, and address changes. Companies are actively adapting to new circumstances and seeking growth opportunities. However, dissolutions and insolvency situations are also observed, reflecting the economic challenges faced by some companies.

For more information about the mentioned companies, you can visit their full profiles at the following links:

• Gerovitae La Guancha SA
• Nexotel Adeje SA
• Reconocimientos Médicos Tenerife SL
• Canarias Sol SL