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.
Insolvency Notices
1,045
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
Judgments
€194.3m
The value of consumer and commercial judgments awarded already this year. This works out as an average value of over €76,000 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
Top Judgments On Companies
- Gerry Quinn & Sons Limited (€280K)
- Firestryker Industries Limited (€70K)
- Fingal I T Limited (€28K)
- On Site Construction Services Limited (€21K)
- Carlow Stone Centre Limited (€17K)
Top Judgments on Consumers
- Marie Perry , John Perry (€2.47M)
- Patrick Byrne (€1.74M)
- James Kelly (€844K)
- Graham Hughes (€735K)
- Kevin Ruane , Frances Ruane (€685K)
CRO Filings
2,171
The number of Companies that filed their latest Financial Accounts in the last 7 days. View list by Industry or by Area
Closures
254
The number of companies that have closed this week.
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