Financial Analysis of Commercial Activity in Santa Cruz de Tenerife

Report Date: 2024-09-06

In this financial analysis, the most relevant facts related to commercial activity in the province of Santa Cruz de Tenerife are examined. The data has been extracted from a set of commercial registers and is presented in various categories, including appointments, incorporations, resignations, revocations, sole proprietorships, address changes, statutory modifications, capital increases, dissolutions, re-elections, insolvency situations, object changes, name changes, capital reductions, object expansions, sole proprietorship changes, loss of sole proprietorship, terminations, mergers, and company transformations.

Commercial Register: Santa Cruz de Tenerife

Appointments

A total of 2 appointment acts have been registered in the commercial register of Santa Cruz de Tenerife. These acts are crucial for the administration and management of companies, as they involve the designation of new directors or board members. An example of a company that has made an appointment is Agrícola Harike SL, which has a share capital of 149,000.00 euros and is dedicated to the purchase, sale, cultivation, and exploitation of rural properties.

Incorporations

Only one incorporation act has been registered. These types of acts are fundamental for the creation of new companies, allowing the legal formalization of their existence and operations. The incorporation of new companies is a positive indicator of economic growth and business dynamism in the region.

Resignations and Revocations

No resignation or revocation acts have been registered. The absence of resignations can be interpreted as a sign of stability in the executive positions of companies, while the lack of revocations indicates that there has been no need to annul previously made decisions.

Sole Proprietorships

One sole proprietorship act has been registered. These types of acts reflect the situation where a single person owns all the shares of a company, which can have implications for decision-making and company management.

Address Changes and Statutory Modifications

No address change or statutory modification acts have been registered. The lack of these acts suggests that companies in Santa Cruz de Tenerife have maintained their locations and legal structures without significant changes.

Capital Increases

No capital increase acts have been registered. Capital increases are important for financing expansion and growth projects, so their absence could indicate a lack of significant new investments in the region during the analyzed period.

Dissolutions

No dissolution acts have been registered. The absence of dissolutions is a positive indicator, as it suggests that there have been no company closures, which is beneficial for the economic stability of the region.

Re-elections and Insolvency Situations

No re-election or insolvency situation acts have been registered. The lack of insolvency situations is particularly positive, as it indicates that no company has entered into insolvency or bankruptcy proceedings.

Object Changes and Name Changes

No object change or name change acts have been registered. This suggests that companies have maintained their activities and trade names without significant alterations.

Capital Reductions and Object Expansions

No capital reduction or object expansion acts have been registered. The absence of capital reductions is positive, as it indicates that companies have not reduced their financial resources, while the lack of object expansions suggests that there has been no diversification in business activities.

Sole Proprietorship Changes and Loss of Sole Proprietorship

No sole proprietorship change or loss of sole proprietorship acts have been registered. This indicates that there have been no modifications in the ownership structure of sole proprietorship companies.

Terminations, Mergers, and Company Transformations

No termination, merger, or company transformation acts have been registered. The absence of these acts suggests stability in the structure and existence of companies in Santa Cruz de Tenerife.

Conclusion

In summary, the data from the commercial register of Santa Cruz de Tenerife reflects a situation of business stability with few significant changes in the structures and operations of companies. The lack of dissolutions, insolvency situations, and other negative acts is a positive sign for the region's economy. However, there is also a lack of new investments and expansions, which could be an area of opportunity to promote economic growth in the future.

For more information about one of the mentioned companies, you can visit the profile of Agrícola Harike SL.