Business Barometer

Over 1,500 Irish company start-ups were formed last month - the highest for new companies in July since 2007.

Company start-ups rose 11% (1,518) in July 2014 when compared to the same month last year (1,371) - this is an average of 49 new companies being formed daily last month.

Dublin was home to 51% of the new company start-ups, followed by Cork (8%) and Limerick (4%).

The professional services sector was the most popular industry for start-ups and accounted for 22% of new companies. It was followed by wholesale & retail (10%) and construction (9%).

This was the first time construction was in the top 3 most popular industries for start-ups since March 2010 and the sector also recorded a 47% drop in insolvencies compared to July 2013.

There were positive signs for other industries that struggled during the recession with drops in insolvencies of 86% and 29% for the motor and hospitality sectors respectively.

In total, 166 company insolvencies were recorded last month with 46% of them being based in Dublin, a further 13% were in Cork and 6% in Galway.

Insolvency Notices

1,134

The number of companies that have collapsed this year. This figure is up 3% 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

Meetings of Creditors

21st of August, 2014

20th of August, 2014

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Judgments

€230.2m

The value of consumer and commercial judgments awarded already this year. This works out as an average value of over €80,000 per judgment.
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Judgments Report

5,481 judgments were awarded in 2013. 68% were against consumers and they totalled almost €327.0m. Commercial judgments accounted for another €71.5m





CRO Filings

2,283

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


Closures

105

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

  • 0 Companies

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