Business Barometer

Almost two thirds of Bad Debt Judgments were awarded against consumers.

Our review of the first quarter of 2016 has revealed that 788 judgments were awarded against companies and consumers during that time - this figure is down 26% on the same period last year (1,064).

506 of these judgments were against consumers. This figure is down 37% on Q1-2015. The total value of these judgments is E66.6m - an average of E132k per judgment which is E30k higher than the average in the first three months of 2015.

From a monetary point of view, banks were the main beneficiaries of bad debt judgment awards against consumers. In total they received E48.4m in 75 separate awards (an average of E646k).

Just over a third of judgments (282) were awarded against companies - an increase of 15%. The banks again received the highest value of these judgments having been awarded E5.6m of the E9.1m total. The average value of a bad debt judgment against a company in Q1-2016 was E32k.

Insolvency Notices

556

The number of companies that have collapsed this year. This figure is down 0% 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

€96.9m

The value of consumer and commercial judgments awarded already this year. This works out as an average value of over €93,000 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





CRO Filings

3,779

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


Closures

290

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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