Soon to be liquidated Irish companies owe their short term creditors almost E1.4m.
13 Irish companies are scheduled to hold a Meeting of Creditors (MOC) to appoint a liquidator this week (between the 19th and 23rd January 2015) - an average of just over two meetings per day. This will be for the purpose of winding-up the companies.
These 13 companies owe their short term creditors a combined total of almost E1.4m.
54% of these companies are based in either Dublin or Kildare (31% and 23% respectively) with a further 15% in Limerick.
The industries most affected by this week's MOCs are professional services and wholesale & retail which accounted for three meetings each.
Hospitality and manufacturing add a further two meetings apiece, with one company in the health & social services, IT and transport & logistics sectors also being affected.
Insolvency Notices
62
The number of companies that have collapsed this year. This figure is down 21% compared to last year
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PREDICTIVE CREDIT REPORTS
Our Credit Reports are predicting over 80% of insolvencies at up to 6 months in advance.
Appointments
LIQUIDATORS
RECEIVERS
EXAMINERS
- Appointed to 0 Companies
Judgments
€37.6m
The value of consumer and commercial judgments awarded already this year. This works out as an average value of over €170,000 per judgment.
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Judgments Report
4,275 judgments were awarded in 2014. 75% were against consumers and they totalled €293.5m. Commercial judgments accounted for another €40.8m
Top Judgments On Companies
- Lismore Blackwater Hotel Limited (€43K)
- Cjb Export Limited (€43K)
- M K Medic Limited (€38K)
- Provale Construction Limited (€35K)
- Ce H Designs Limited (€18K)
Top Judgments on Consumers
- Declan Mongey (€7.32M)
- Fergal Deery (€5.23M)
- Tadhg Gunnell (€1.96M)
- Arthur Mullen (€1.74M)
- Terence Duffy (€1.74M)
CRO Filings
3,149
The number of Companies that filed their latest Financial Accounts in the last 7 days. View list by Industry or by Area
Closures
169
The number of companies that have closed this week.
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