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.
Appointments
LIQUIDATORS
RECEIVERS
EXAMINERS
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 Companies
- Barmayne Properties Limited (€143K)
- Design Environmental Heating Systems Limited (€44K)
- Stand Off Promotions Limited (€30K)
- Taste of Asia Limited (€24K)
- John Sheehy Limited (€21K)
Top Judgments on Consumers
- John Enright (€2.12M)
- Patricia Enright (€1.78M)
- Michael Murphy (€317K)
- Sean Martyn , Moira Martyn (€284K)
- Alan Reilly (€238K)
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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