Business Barometer

Companies that held a Meeting of Creditors with a view to winding-up this February owed their short term creditors almost E9m.

62 Irish companies are scheduled to hold a Meeting of Creditors (MOC) to appoint a liquidator last month - an average of just over two meetings per day.

According to their latest sets of filed accounts, these companies owe their short term creditors a combined total of E8.7m.

39% of these companies are based in Dublin. Cork, Kildare and Limerick account for a further 24% between them.

The wholesale & retail sector is the industry that's most affected, accounting for just over a quarter of insolvent companies with professional services and construction accounting for a further 31% between them (18% and 13% respectively).

Insolvency Notices

237

The number of companies that have collapsed this year. This figure is down 9% 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.

Judgments

€69.9m

The value of consumer and commercial judgments awarded already this year. This works out as an average value of over €94,000 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 Consumers

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CRO Filings

2,273

The number of Companies that filed their latest Financial Accounts in the last 7 days. View list by Industry or by Area


Closures

411

The number of companies that have closed this week.
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Important Changes

Changed Status

HIGH COURT NOTICES

Strike off & Struck off Companies

Strike Off

Struck Off


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