Financial Analysis of the Commercial Register of Santa Cruz de Tenerife

Analysis Date: July 22, 2024

This report provides a detailed analysis of the activities recorded in the Commercial Register of Santa Cruz de Tenerife, highlighting the most relevant facts in various categories. Below is a description of the most significant acts and their impact on the business environment in the region.

Appointments

The total number of registered appointment acts amounts to 332. This high number reflects an active business dynamic, with frequent changes in the direction and management of companies. For example, Puerto Colon SA, established in 1983, has a share capital of 120,000,000.00 euros and has registered one appointment act.

Constitutions

131 constitution acts have been registered, indicating continuous growth in the creation of new companies in the region. This data is a positive indicator of business confidence and business opportunities in Santa Cruz de Tenerife.

Resignations

The number of resignations amounts to 132, suggesting some turnover in the executive positions of companies. This data can be interpreted as an adjustment in business management to improve efficiency and competitiveness.

Revocations

15 revocation acts have been registered. Although this number is relatively low, it is important to monitor these changes to better understand the reasons behind the revocation of powers and its impact on business stability.

Sole Proprietorships

The register shows 64 sole proprietorship acts, indicating that several companies have adopted this structure to simplify decision-making and administrative management.

Address Changes

40 address change acts have been registered, which may reflect a strategy by companies to improve their geographical location and access better business opportunities.

Statutory Modifications

With 21 statutory modification acts, companies are adapting their statutes to better align with market needs and current regulations.

Capital Increases

12 capital increase acts have been registered, suggesting that companies are seeking to increase their financial capacity to expand their operations. For example, Archi Gestion SA, established in 1990, has a share capital of 35,000,000.00 euros.

Dissolutions

The register shows 27 dissolution acts, which may be an indicator of financial difficulties or strategic decisions to close unprofitable operations.

Re-elections

12 re-election acts have been registered, reflecting continuity in the management of some companies, ensuring stability and experience in leadership.

Bankruptcy Situations

With 22 bankruptcy situation acts, it is evident that some companies are facing significant financial difficulties. This data is crucial for assessing the economic health of the business sector in the region.

Object Changes

19 object change acts have been registered, indicating that companies are adapting their activities to better align with market opportunities.

Name Changes

The register shows 3 name change acts, which may be part of a rebranding strategy to improve the image and positioning of companies in the market.

Capital Reductions

6 capital reduction acts have been registered, which may be a measure to adjust the financial structure of companies and improve their operational efficiency.

Object Expansions

No object expansion acts have been registered, suggesting that companies are maintaining their activities within previously established limits.

Sole Proprietorship Changes

8 sole proprietorship change acts have been registered, indicating a trend towards simplifying the business structure to improve decision-making efficiency.

Losses of Sole Proprietorship

No losses of sole proprietorship acts have been registered, suggesting that companies are maintaining this structure once adopted.

Extinctions

The register shows 2 extinction acts, which may be an indicator of the termination of operations of companies that are no longer viable.

Mergers

No merger acts have been registered, suggesting that there have been no significant consolidations in the market during the analyzed period.

Company Transformations

No company transformation acts have been registered, indicating that companies are maintaining their current organizational structures.

Conclusion

In summary, the Commercial Register of Santa Cruz de Tenerife shows dynamic business activity with a high number of appointments and constitutions. However, there are also signs of financial difficulties in some companies, as indicated by bankruptcy situations and dissolutions. Companies are adapting their structures and activities to improve their efficiency and competitiveness in the market. Examples of notable companies in the region include Puerto Colon SA and Archi Gestion SA, reflecting the diversity and dynamism of the business environment in Santa Cruz de Tenerife.