Our most recent figures reveal a 12% drop in the number of Irish companies holding Meetings of Creditors to appoint a Liquidator this year.

As of today, 11th July 2014, 493 Irish companies have held or will hold a meeting of creditors to appoint a liquidator - an average of just over two per day.

This year's figure is down 12% and 28% on the same periods in 2013 and 2012 respectively, when 561 and 681 meetings were held.

According to their latest sets of filed financial accounts, the 493 companies with an MOC notice in 2014 owe their short term creditors approximately E199.8m.

Insolvencies
Judgments
CRO Filings

Insolvency Notices

990

The number of companies that have collapsed this year. This figure is up 2% 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

Appointed to 33 Companies

RECEIVERS

Appointed to 7 Companies

EXAMINERS

Appointed to 0 Companies

Meetings of Creditors

4th of July, 2014

€186.6m

The value of consumer and commercial judgments awarded already this year. This works out as an average value of over €75,000 per judgment.
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