Business Barometer

Over 9,200 start-ups were formed in Ireland in the third quarter of 2012, an average of roughly 100 per day!

Quarter 3 of this year saw a combined total of 9,233 company and business start-ups, an impressive average of 100 per day.

Many of these could become companies or businesses that you deal with on a daily basis in the future...a potential customer...a valued client...a potential supplier etc.

With Vision-net.ie you'll be able to access details on all of them.

For example, did you know that...

...64% (5,941) of start-ups in quarter 3 were businesses while the remaining 3,292 were companies?

Or that of the new companies...

...25% began trading in the professional services industry and 12% chose the social and personal services sector.

Vision-net.ie will also allow you to be among the first people to be able to view Annual Returns, Financial Accounts and detailed credit reports on company start-ups to help you make the best credit decisions on them.

Insolvencies

501 individual companies were declared insolvent in the third quarter of 2012, an average of approximately 5 per day.

42% of these companies were located in Dublin. The other counties worst affected included Limerick, Cork, Meath and Galway who, between them, accounted for another 23% of company insolvencies during the quarter.

291 Irish companies held a meeting of creditors during the third quarter of this year. This figure is down 14% on the same period in 2011 (338).

According to their latest filed financial accounts, these 291 companies owed their creditors just over €95m.

Company Start-Ups vs. Closures

Having compiled the statistics for the first 9 months of 2012 we have found that company closures exceed start-ups by approximately 2%.

During the period, 10,433 companies began trading while 10,643 were dissolved. Companies in the professional services, construction, wholesale & retail, real estate, social and personal services and manufacturing sectors make up 72% of the closures recorded this year.

In order to start receiving the latest information on the companies that could affect your business simply Login to your Vision-net.ie account today.

Here you'll find the latest CRO filings (including Financial Accounts and Annual Returns) along with the latest insolvency notices and Irish and UK Company Credit Reports.

Insolvency Notices

963

The number of companies that have collapsed this year. This figure is down 5% compared to last year
Click here to view the list


PREDICTIVE CREDIT REPORTS

Our Credit Reports are predicting over 80% of insolvencies at up to 6 months in advance.

Appointments

LIQUIDATORS

  • 38 Companies

E8 (Notice Of Appointment Of Receiver)

  • 15 Companies

EXAMINERS

  • 1 Company

Closures

308

The number of companies that have closed this week.

New Startups

New Companies

  • 262 Companies

New Businesses

  • 453 Businesses

Important Changes

Changed Status

  • 975 Companies

HIGH COURT NOTICES

  • 1 Company

Strike off & Struck off Companies

Strike Off

  • 320 Companies

Struck Off

  • 193 Companies

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