26 Irish companies to begin liquidation process before July 2017.
At the moment, 26 Irish companies are scheduled to hold a Meeting of Creditors (MOC) to appoint a liquidator in the run up to the end of June 2017 (23rd - 30th).
According to their latest sets of filed accounts, these companies owe their trade creditors a combined total of approximately E10.7m.
Dublin and Cork are each home to five of the companies with a further four based in Galway. The other affected counties are Wexford (3), Kilkenny (2), Roscommon (2), Limerick, Meath, Tipperary and Waterford.
The wholesale & retail sector is the most affected industry and accounts for 27% of the meetings (7). The professional services sector is next with four MOCs and another three companies apiece in construction, hospitality, manufacturing and real estate. The other sectors affected are finance, IT, and motor.
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Insolvency Notices
686
The number of companies that have collapsed this year. This figure is down 12% 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
E8 (Notice Of Appointment Of Receiver)
EXAMINERS
- Appointed to 0 Companies
Judgments
€101.1m
The value of consumer and commercial judgments awarded already this year. This works out as an average value of over €71,000 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
- Eye Catch Security Limited (€226K)
- Urban Cherry Limited (€62K)
- Adcor Consultancy Limited (€45K)
- Melb Industries Unlimited Company (€43K)
- Glenmak Couriers Limited (€36K)
Top Judgments on Consumers
- Canice Hanley (€4.83M)
- Michael O'Reilly (€1.5M)
- Joseph McSweeney , Anne McSweeney (€1.15M)
- Philip Marley (€1.08M)
- Michael Scanlon , Kathleen Scanlon (€967K)
CRO Filings
2,328
The number of Companies that filed their latest Financial Accounts in the last 7 days. View list by Industry or by Area
Closures
29
The number of companies that have closed this week.
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